BIK 2940 Management Competence at Board Level

Norwegian version

BIK 2940 Management Competence at Board Level

Responsible for the course
Frode Solberg

Department of Law

According to study plan

ECTS Credits

Language of instruction

The course shall give knowledge about important issues and theories that has relevance for practicing a directorship in the private or public sector. Vital issues in the course include understanding the connection between the companies various governing impulses (vision and strategies), the organizational system (including juridical and economic issues) and the management competence at board level.

Learning outcome
- Enable the students to discuss theoretical perspectives of board work
- Have knowledge of Norwegian laws governing the start up and running of Pl's, Ltd's and companies with unlimited responsibility
- Have knowledge of vital principals of financial control and accounting in a company seen through the eyes of the board
- To be able to develop methods for the cooperation between the manager and the board of directors
- To be able to develop methods to control the company management
- To be able to run a strategic process
- Have a clear understanding of the role of a board member
- Have a clear understanding of the board of directors responsiblity for and obligations towards the company's various stakeholders


Compulsory reading
Erichsen, Morten, Solberg, Frode, Stiklestad, Trond. 2015. Ledelse i små og mellomstore virksomheter. 1. Fagbokforlaget Vigmostad & Bjørke AS. 416. Kapittel 0-1-4-5-6-7-8-10-11-12-15
Huse, Morten. 2011. Styret : tante, barbar eller klan?. 4. utg. Fagbokforlaget

Bråthen Tore. 2013. Styrelederen i aksjeselskaper og allmenaksjeselskaper - Juridiske spørsmål. Praktisk økonomi & finans. 2/2013. Universitetsforlaget. 29
Huse, Morten 2013, Styreutvikling, styreevalueringer og verdiskaping, MAGMA 7/2013. 2013. Styreutvikling, styreevalueringer og verdiskaping. MAGMA. 7
Kaplan, Robert S og Norton, David P.. 1992. The Balanced Scorecard - Measures that Drive Performance. Harvard Business Review. Januar - februar

Aksjeloven av 13. juni 1997, nr. 44. siste utgave. (Bør være kjøpt etter 01.01.2009)

Recommended reading
Bråthen, Tore. 2013. Selskapsrett. 4. utg. Focus : Universitetsforlaget
Granden, Gro. 2013. Styrearbeid : for ansatte i selskap og konsern. 8. utg. Gyldendal akademisk
Gulli, Ole Chr. og Kjell Standal. 2014. Styrehåndboken. 7. utg. Cappelen Damm. 2014
Levorsen, Stein O. 2014. Styrearbeid i praksis : innføring i styrets hovedoppgaver og arbeidsform med eksempler og bedriftshistorier. 8. utg. Universitetsforlaget
Standal, Elbjørg Gui og Arild I. Søland. 2009. Håndbok i økonomi for styremedlemmer. 2. utg. Universitetsforlaget. 9-117

Course outline

  • Perspective on the board - the function of the board - board management and the board's work
  • The role of the Board seen from the side of the share holders, the company and the society
  • Various roles played in the boardroom, formal structures and informal work
  • The roles of the owners, the Board and the Management. Role conflicts
  • The competance required for Board members and the boards typologies
  • The Boards various functions in Plc’s, Ltd’s and Foundations
  • Laws and regulations of importance for the work in the boardroom and the individual board members responsibility and legal position with primary focus on “Lov om Aksjeselskaper av 1997” (Plc’s and Ltd’s)
  • Recruitment of board members and of CEO’s
  • The Boards responsibility to develop overall management tools through focus on strategy - value creation and risk management.
  • The Boards responsibility in connection with accounting and finances. Basic theories from finance and accounting

Computer-based tools

Learning process and workload
The course has 36 lecturing hours, may be module based, for instance over 5 - 6 days in one semester; or four lecturing hours per week over a semester. B

Participation in the lectures 36 hours
Preparation for lectures 62 hours
Term paper 72 hours
Written tasks 15 hours
Individual work/group work 15 hours

Between the modules the students will be challenged to work with spesific questions related to their own or other company cases in their project. The goal is to create progress in in the learning process, and to evaluate the theoies witch has been teached..
36 hours lessions and class program
6 hours Facilitation - information and feedback during the prpgram

Term paper, which may be solved in groups of maximum 3 persons
Examination code(s)
BIK 29401 Management Competence at Board Level, the term paper counts 100% towards the final grade in BIK 2940, and gives 7,5 credits

Examination support materials

Re-sit examination
Re-sit at the next ordinary exam.

Additional information