LAW5357 - Corporate governance and directors' duties - 2019

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Law

Chief examiner(s)

Professor Jennifer Hill

Quota applies

Postgraduate programs are based on a model of small group teaching and therefore class sizes need to be restricted.

Unit guides

Offered

City (Melbourne)

  • Term 4 2019 (On-campus)

Prerequisites

LAW5011 or LAW5016 or LAW5017 (or equivalent)

Notes

For postgraduate Law discontinuation dates, please see http://www.monash.edu/law/current-students/postgraduate/pg-jd-discontinuation-dates

For postgraduate Law unit timetables, please see http://law.monash.edu.au/current-students/course-unit-information/timetables/postgraduate/index.html

Previously coded as LAW7306

Synopsis

This unit provides a thorough study of the law and practice of corporate governance in an international setting with particular reference to Australia. It covers general concepts of corporate governance, focusing on the legal core, including the area of directors' duties. It builds upon the area of self regulation and other contemporary issues. Principal topics include: the concept of corporate governance; overview of the current framework of corporate governance and the role, duties and powers of directors, managers and shareholders; a specific examination of major duties of directors and recommendations for reform; duties of good faith, care and diligence.

Outcomes

On completion of this unit students will be able to:

  • Apply knowledge of, and understanding of recent developments in relation to corporate governance including the rights, powers and duties of directors, managers and auditors with creativity and initiative to new situations in professional practice and/or for further learning
  • Investigate, analyse and synthesise complex information, problems, concepts and theories in relation to corporate governance and directors' duties
  • Conduct research in corporate governance and directors' duties based on knowledge of appropriate research principle and methods
  • Use cognitive, technical and creative skills to generate and evaluate at an abstract level complex ideas and concepts relevant to current reform proposals; an awareness of law-and-economics perspective; and an introduction to comparative corporate law.

Assessment

Research paper (3,750 words): 50%

Take-home examination (3,750 words): 50%

Workload requirements

24 contact hours per semester (either intensive, semi-intensive or semester long, depending on the Faculty resources, timetabling and requirements)