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Comparative Corporate Governance (LAWS70134)
Graduate coursework level 7Points: 12.5On Campus (Parkville)
About this subject
Contact information
July
Professor Wen-Yeu Wang (Coordinator)
For current student enquiries, contact the Law School Academic Support Office
Overview
Availability(Quotas apply) | July |
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Fees | Look up fees |
This subject explores how publicly-held corporations in China, Taiwan and the United States are owned, controlled and governed. We will introduce the background of corporate governance, ownership structure, agency problems as well as issues of corporate purpose. Next, we will consider the primary actors, major regulations, and fiduciary duties. Lastly, we will discuss four topics; the distinctive features of state-owned enterprises; the distribution of powers between shareholders and board of directors; the regulation of related-party transactions; as well as investor protection, corporate restructuring, and securities law enforcement.
In this subject, students will engage critically with key debates in contemporary corporate governance and provide relevant background for those interested in cross-border legal work.
Intended learning outcomes
A student who has successfully completed this subject should be able to:
- Critically explain the concept of corporate governance and examine the relationship between ownership structure and the agency problem
- Identify and probe issues related to "Environment, Social and Governance" matters (ESG)
- Analyse the concept and justify the importance of "fiduciary duty" and the pitfalls of legal transplantation
- Engage thoughtfully in debates around Chinese 'state-owned enterprises' (SOEs) and compare the different approaches of jurisdictions to protect investors
- Analyse how related-party transactions are regulated
- Discuss how corporate power is distributed between the board of directors and shareholders.
Last updated: 19 June 2024