78035 Corporate Governance
6cp
Requisite(s): 60 credit points of completed study in C04148 Master of Law and Legal Practice AND 70417 Corporate Law
These requisites may not apply to students in certain courses. See access conditions.
PostgraduateSubject coordinator: P Redmond
As a field of study, corporate governance deals with the rules, relationships, systems and processes within a corporation by which authority is allocated and its exercise reviewed and controlled. Corporate governance provides a framework which shapes the dealings and relationships between directors, managers, shareholders and others with a stake in the corporation's success.
This subject deals with topics of central importance to the governance of the publicly-held corporation. The topic areas covered in the subject include the following.
- The evolution of corporate governance, its central concerns and the resulting current mixture of law, quasi-prescriptive practice and social norm.
- Theories underlying competing approaches to corporate governance.
- Comparative perspectives on corporate governance.
- In whose interest? The corporate objective and corporate responsibility.
- Business and human rights.
- The role of business ethics in corporate governance.
- Board role, structure, composition and effectiveness.
- The function of director and officer liability rules in moderating conduct.
- Executive and director remuneration.
- The role of institutional investors in corporate governance.
- Reconfiguring shareholders' role, function and powers.
- Professional gatekeepers: the function and performance of auditors, securities analysts and lawyers in corporate governance.
This subject assumes students have undertaken foundational study in corporate law. This allows the subject to explore in greater depth, and from a comparative perspective, the legal principles, policies and practices shaping sound corporate governance.
The subject is taught in intensive mode. As their primary assessment, students complete a research paper on a topic of their choice. In addition, they complete other smaller written exercises such as reflective notes drawing upon current business developments, their own experience or original reflection.
2007 contribution for post-2004 Commonwealth-supported students: $1,041.62
2007 amount for undergraduate domestic fee-paying students: $2,472.00
Subject EFTSL: 0.125
Note: The above fees are applicable in 2007 for Commonwealth-supported students who commenced after 2004 and domestic fee-paying undergraduate students only. Pre-2005 Commonwealth-supported students should consult the
Student contribution charges for Commonwealth supported students webpage.
Not all students are eligible for Commonwealth supported places, and not all subjects are available to Commonwealth supported students. Domestic fee-paying students and international students should refer to the
Fees webpage.
Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at
Access conditions and My Student Admin.