BTW3213

Malaysian corporate governance ( 6 points, SCA Band 3, 0.125 EFTSL)

Leader: Ms Elsa Satkunasingam

Offered:
Malaysia First semester 2005 (Day)

Synopsis: The unit will focus on the law relating to corporate governance in Malaysia. It will begin with the need for good corporate governance in Malaysia and the factors that are involved in ensuring good corporate governance. It will focus on directors' duties and the need for the board to be independent of majority shareholders and their nominated directors and on the role that auditors and shareholders play in ensuring good corporate governance practices. The unit will also include the disclosure obligations of companies and how these rules are currently enforced. In all instances the essential elements of the law is examined, as are the implications of each law on business practice.

Objectives: 1. Students will develop an understanding of what corporate governance means and the role it plays in ensuring corporate stability and growth. 2. Students will learn about the statutes that are related to the Companies Act 1965 but which are not covered under the Malaysian Company Law unit due to time constraints. 3. Students will learn to look beyond the law and discover how other factors such as politics and economics can influence how the law is enforced. 4. Students will learn how to develop solutions to the current problems relating to corporate governance.

Assessment: Assignment (up to 3000 words): 30% + Examination (3 hours, Open book): 70%

Contact Hours: One 2 hour lecture and 1-hour tutorial per week

Prerequisites: BTW1200