303623 (v.2) Advanced Corporate Governance Law 348

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Area:	School of Business Law
Credits:	25.0
Contact Hours:	3.0
Lecture:	1 x 2 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Prerequisite(s):	10959 (v.3) Law (Finance) 254 or any previous version     OR     10841 (v.2) Law (Business Organisations) 222 or any previous version
Syllabus:	The scope of corporate governance. External and market controls. Comparative corporate governance. Ethical governance. The board of directors - structure and function, executive, non-executive and independent directors, committees. Risk management and internal controls. Structural and functional assessment. International corporate governance. Corporate governance - due diligence interface.
Unit Outcomes:	On successful completion of this unit students will have - Understood the general concepts of corporate governance in relation to companies and how the provisions of the Corporations Act 2001 is constantly adding to and amending the principles enunciatedin common law. Demonstrated how these principles operate in practical situations covering inter alia the division of power between the board of directors and the members, the duties of directors with special reference to duties of care and business judgment, shareholders rights and duties, management accountability. Studied the roles of the Australian Securities and Investment Commission, the statutory penalty regime and the disqualification of directors in Australia, the use and abuse of corporate groups and insider trading. Recognised the implications of globalisation and its effect on sound corporate governance policies with an emphasis on business ethics.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	Berns S. and Barron P., (1998), Company Law and Governance, Oxford, Oxford University Press. (1998), Bond Law Review, Special Issue Corporate Governance School of Law Bond University, (vol 10). Queensland, Law Bond University. Lipton P. and Herzberg A., Understanding Company Law, Law Book Company. Cassidy J., Concise Corporations Law, The Federation Press. Baxt R., Fletcher K. and Fridman S., Afterman's and Baxts Cases and Materials on Corporations and Associations, Butterworths. Ford H.A.J., Austin R.P. and Ramsay I.M., Ford's Principles of Corporations Law, Butterworths.
Unit Texts:	Farrar, J., Corporate Governance in Australia and New Zealand, Oxford, Oxford University Press. (Latest Edition).
Unit Assessment Breakdown:	Assignments (2) 50%. Participation 10%. Portfolio on Corporate Governance Issues 40%. This is by grade/mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 1 Y