8005 - STRATEGY AND GOVERNANCE OF CULTURAL ORGANIZATIONS

The course aims at:

• analyzing the relationship between ownership, governance and management in cultural industries,  cultural institutions and heritage;
• examining governance structures and mechanisms, given the juridical boundaries related to the government owned, non profit and private status; 
• exploring the relationship between ownership and governance structures, economic and financial viability and corporate strategy;
• discussing metamanagement structures and mechanisms related to the preservation and exploitation of a given territory.

The course builds upon existing know-how on principles of business administration management of nonprofit organization, management of public administration, principles of public and private law to provided participant with the teorical background necessary to understand: 

• ownership, governance, management, control and accountability in companies, public administration, no profit institution;
• vested interests protected: the agency theory model;
• assessing the quality of artistic artifacts;
• cooperation between private and public actors: the stakeholder approach;
• institutional structure and economic and financial viability;
• institutional structure and corporate strategy;
• portfolio strategies;
• internationalization strategies.  

Attendance is not compulsory, though strongly recommended. The exam is in written form; the first session is dedicated for attending students. All further registrations for the exam will refer to non attending students. No partial exams are scheduled.

Attending students

• Materiali a cura dei docenti.
• J. SOLOMON, A. SOLOMON, Corporate Governance and Accountability,  Chichester, Wiley & Sons,  2004.
• C. CORNFORTH (edited by), The Governance of Public and Nonprofit Organizations, Londra, Routledge, 2003.

Non attending students

• S. SETTIS, Battaglie senza eroi, Milano, Electa, 2005.
• J. SOLOMON, A. SOLOMON, Corporate Governance and Accountability, Chichester, Wiley & Sons,  2004.
• C. CORNFORTH (edited by), The Governance of Public and Nonprofit Organizations, London, Routledge,  2003.
• G. ROSSI, Il conflitto epidemico, Milano, Adelphi, 2003.