Principles of Corporate Governance is an elective subject in postgraduate programs offered by the Faculty of Law in which undergraduate students may be permitted to enrol. The subject examines the following topics: a general overview of the current framework of corporate governance in Australia and the role, duties and powers of directors and managers; a specific examination of the major duties of directors and recommendations for change (including the duty to act in good faith in the best interests of the company and for a proper purpose, the duty of care and diligence, the duty to avoid conflict of interest, corporate opportunities and insider trading, those to whom the directors owe their duties, the role of auditors, the power of general meeting to ratify breaches, the insolvent trading provisions, and the role and power of the court to forgive breaches); enforcement by minority shareholders and the ASIC; the role of Corporate Practices and Conduct, the IFSA guidelines and self-regulation in general; the ASX's Corporate Governance Council's Principles of Good Corporate Governance and Best Practice Recommendations; and reform proposals.
|Faculty||Faculty of Law|
1. Analyse legal problems to identify relevant legal issues and explain those issues. 2. Apply relevant theories and legal provisions to the facts of those problems. 3. Design appropriate strategies to ensure their clients do not contravene relevant provisions. 4. Critique, reflect upon and evaluate the effectiveness of relevant theories and provisions. 5. Communicate effectively in writing and orally. 6. Ability to present on selected topics.
Must have completed a minimum 120 Credit Points of LAWS subjects AND have a minimum average of 65% in LAWS subjects. Must be admitted into a Bachelor Law degree OR Bachelor of Laws combined degree OR be an approved Study Abroad OR Exchange Law Student.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.
Future offerings not yet planned.