units

LAW5426

Faculty of Law

18 September 2017 22 November 2024

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This unit entry is for students who completed this unit in 2016 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Faculty

Law

Quota applies

Postgraduate programs are based on a model of small group teaching and therefore class sizes need to be restricted.

Offered

Not offered in 2016

Synopsis

This unit investigates how and why businesses respond to the multitude of efforts made to influence or 'regulate' their behavior for the social and economic good at the local, national, and global levels by means of government regulation, industry self-regulation and civil society voluntary codes of conduct, labeling and certification schemes. Regulating Business is a practical and interdisciplinary course. It first examines what motivates firms and business people to respond to regulation; and how the internal characteristics and capacities of business firms and people assist them in responding to regulation, including the design of compliance systems. It goes on to examine the influence of different regulatory enforcement strategies and styles on compliance and how regulation and responses to regulation emerge from regulators' and businesses' interactions with their broader social, economic and political environments.

Outcomes

Upon completion of this unit students will be able to:

  • Apply knowledge of, and understanding of business regulation enforcement mechanisms and compliance responses with creativity and initiative to new situations in professional practice
  • Investigate, analyse and synthesise complex information, problems, concepts and theories in relation to business regulation enforcement and compliance and to critically evaluate the effectiveness of different regulatory enforcement mechanisms and styles on compliance responses in their social, economic and political environment.
  • Conduct research into relevant domestic and international regulatory studies scholarship on how to design and implement effective and legitimate business regulation enforcement and compliance based on knowledge of appropriate research principles and methods
  • Use cognitive, technical and creative skills to generate and evaluate at an abstract level complex ideas and concepts relevant to business regulation, enforcement and compliance.

Assessment

One research assignment (3,750 words): 50%
One take-home examination (3,750 words): 50%

Workload requirements

Students enrolled in this unit will be provided with 24 contact hours of seminars per semester whether intensive, semi-intensive, or semester-long offering. Students will be expected to do reading set for class, and to undertake additional research and reading applicable to a 6 credit point unit.

Chief examiner(s)

Professor Christine Parker Research ProfileResearch Profile (http://monash.edu/research/people/profiles/profile.html?sid=127016&pid=6483)