Assess graduate students' ability to analyze how corporate governance mechanisms—board composition and independence, executive compensation, ownership structure, shareholder rights, and regulatory oversight—affect firm risk-taking and shareholder value in publicly listed companies. Expect use of relevant theoretical frameworks (agency, stewardship), evaluation of empirical measures (volatility, downside risk, Tobin’s Q, ROE), interpretation of statistical results and endogeneity issues, and formulation of evidence-based governance recommendations for different ownership and market contexts.