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:

• identify the political, economic and social factors that contribute towards corporate governance in public listed and government linked companies in Malaysia
• describe and analyse the role that directors, auditors, creditors and shareholders as well as the public play in achieving high corporate governance standards
• demonstrate awareness of latest developments upholding good corporate governance in foreign jurisdictions
• critically analyse the impact if these latest developments are implemented in Malaysia.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book) 70%

Contact hours

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

Prerequisites

BTW1200