BTX5000 - Corporate governance

Leader: Mr Phillip Lipton

Offered

Caulfield Second semester 2008 (Evening)
Os-chi-bei First semester 2008 (On-campus block of classes)
Os-chi-bei Second semester 2008 (On-campus block of classes)

Synopsis

This unit provides students with an appreciation of best corporate governance practices from a global perspective. It considers the reasons for the interest in corporate governance and compares and contrasts the various international corporate governance systems and best practice models; roles and functions of the board of directors, board committees and the board's relationship with management are explored from both a legal and management perspective; empirical studies of the relationship between corporate governance and corporate performance, and the role and legal duties of directors in takeover and insolvency contexts. Corporate governance issues in Asia are also analysed.

Objectives

The learning goals associated with this unit are to:

• describe the theories upon which corporate governance models are based, including the legal, economics and management perspectives of these theories
• evaluate the various international corporate governance systems and best practice models
• define the roles and functions of the board of directors and the board's relationship with management, shareholders and other stakeholders
• analyse the way in which corporate law, historical factors and economic institutions affect corporate governance
• critically analyse various aspects of corporate governance best practice.

Assessment

Within semester assessment: 60%
Open book examination (2 hours): 40%

Contact hours

3 hour class, block mode

Prohibitions

MGX5320, AFX5012