| Semester 1, 2020 Online | |
| Short Description: | Corporate Governance Law |
| Units : | 1 |
| Faculty or Section : | Faculty of Business, Education, Law and Arts |
| School or Department : | School of Law and Justice |
| Student contribution band : | Band 3 |
| ASCED code : | 090901 - Business and Commercial Law |
| Grading basis : | Graded |
Staffing
Examiner:
Requisites
Pre-requisite: (LAW5111 and LAW5112) or Students must be enrolled in one of the following Programs: LLBH or LLMC
Other requisites
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 .
Rationale
Companies are regularly the subject of legal scrutiny by government agencies and the public generally. As part of any review of performance, company officers are often criticised and it seems there has been a growing trend to hold them more accountable. Arguably, the potential for personal liability has had an effect on the way directors鈥� operate. This is occurring at the same time as we have been researching and commenting on what can be expected in terms of 鈥済ood corporate governance鈥�. The purpose of this course is, firstly, to provide a sound foundation to the relevant legal principles and then to review the current debate with a critical eye.
Synopsis
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 around these topics. Particular attention will be given to the risk of personal liability. The course will also address the question of what is "best practice" for corporate officers.
Objectives
On successful completion of this course students should be able to demonstrate:
- how the law imposes fiduciary and other obligations upon any corporate officer and the manner in which these are enforced;
- the skill to apply all legal principles affecting the potential liability of corporate officers to any potential plaintiff;
- current expectations in theory and practice regarding good corporate governance principles;
- the ability to critique the current research and publications regarding the personal liability of corporate officers.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | Duties and liabilities to the company | 25.00 |
| 2. | Potential personal liabilities to external parties | 25.00 |
| 3. | What is 鈥済ood corporate governance鈥�? | 25.00 |
| 4. | A review and critique of the consequences of personal liability | 25.00 |
Text and materials required to be purchased or accessed
ALL textbooks and materials available to be purchased can be sourced from (unless otherwise stated). (https://omnia.usq.edu.au/textbooks/?year=2020&sem=01&subject1=LAW8704)
Please for alternative purchase options from USQ Bookshop. (https://omnia.usq.edu.au/info/contact/)
Reference materials
Student workload expectations
| Activity | Hours |
|---|---|
| Assessments | 100.00 |
| Directed 精东传媒app | 16.00 |
| Private 精东传媒app | 49.00 |
Assessment details
| Description | Marks out of | Wtg (%) | Due Date | Notes |
|---|---|---|---|---|
| RESEARCH PAPER 1 | 50 | 50 | 19 Jun 2020 | |
| RESEARCH PAPER 2 | 50 | 50 | 19 Jun 2020 |
Important assessment information
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Attendance requirements:
Online: There are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.
On-campus: It is the students' responsibility to attend and participate appropriately in all activities (such as lectures, tutorials, laboratories and practical work) scheduled for them, and to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration. -
Requirements for students to complete each assessment item satisfactorily:
To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.) -
Penalties for late submission of required work:
Students should refer to the Assessment Procedure (point 4.2.4) -
Requirements for student to be awarded a passing grade in the course:
To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course. -
Method used to combine assessment results to attain final grade:
The final grades for students will be assigned on the basis of the aggregate of the weighted marks obtained for each of the summative assessment items in the course. -
Examination information:
There is no examination in this course. -
Examination period when Deferred/Supplementary examinations will be held:
Not applicable. -
精东传媒app Student Policies:
Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene 精东传媒app policies and practices. These policies can be found at .
Assessment notes
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Referencing in assignments:
Students studying this course must use the Australian Guide to Legal Citation (AGLC) style in their assignments to format details of the information sources they have cited in their work. For AGLC style guide enquiries, consult the AGLC manual from the USQ Library's referencing guide at or contact the Law librarian.