Monash University Handbook 2010 Undergraduate - Unit

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

The learning goals associated with this unit are to:

• define the concept of companies as legal entities
• explain the significance of companies as entities for carrying on business in Malaysia
• identify and critically evaluate how Malaysian legislation and relevant case law affects the internal and external regulation of companies
• Demonstrate an awareness of corporate legal theory and law reform.

Assessment

Within semester assessment: 20%
Examination (3 hours): 80%

Chief examiner(s)

Shanthy Rachagan

Contact hours

One 2-hour lecture and one 1-hour tutorial per week

Prerequisites

BTW1200

Prohibitions

BTC2213, BTC2210, BTW2220, BTF2220, LAW4171