LAW8105 Corporate Governance Law (FOBUS)
Semester 2 (EXT)Toowoomba
Units 1.0 (Business and Commercial Law) Band 3
Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at <http://www.usq.edu.au/ict/students/standards/default.htm>.
The major purpose of this course is to provide specialist instruction on the legal processes, responsibilities and potential liabilities affecting corporate officers. The material will refer in detail to the legal framework and describe the current law on these topics. Particular attention will be given to the decisions that are resulting from the recent corporate collapses. It will, however, seek to go beyond the black and white descriptions of the law to examine the decision making process within a corporate entity and the underlying principles that promote good corporate governance. Part of the course, for example, will consider the role of ethics in corporate practices. Given the recent legislative and professional/commercial focus on this area the course will also address the question of what is "best practice" for corporate officers. In this regard reference will be made not only to the current ASX listing rules but also a myriad of publications from professional bodies and others on this topic.