MLJ715 - Corporate Law and Policy
Unit details
| Year: | 2022 unit information |
|---|---|
| Enrolment modes: | Trimester 2: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 2: Firew Tiba |
| Cohort rule: | For M729 (Juris Doctor) students only |
| Prerequisite: | MLJ701, MLJ702, MLJ703, MLJ704, MLJ711 |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - cloud: | 1 x 2h class (recordings provided) + 2h online seminar (live streamed and recordings provided) per week |
Content
This unit is designed to provide students with an advanced understanding of the fundamental principles and underlying company law, from the incorporation of companies, issues related to shares and shareholder rights, the internal corporate governance of companies, external administration of companies and the significant role of the Australian Securities and Investments Commission (ASIC) and the fundamental policies related to the disqualification of directors, continuous disclosure and its policy to whistle blowing. Particular emphasis is placed on the role and impact of companies in the modern society and the contemporary expectation that companies should be responsible citizens. Broader and fundamental theories of company law will be explored and compared, including the shareholder primacy theory, the enlighten shareholder value theory, the stakeholder theory and the director primary theory – all fundamental and complex corporate law debates that have not yet been resolved satisfactorily, but which are currently underpinned by a significant body of scholarly work and government reports in Australia and internationally.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Explain and critically evaluate the legal principles governing the choice of business and creation, regulation, financing, internal structures and internal and external relations of corporation | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Enunciate and critically evaluate the principles of corporate governance, including the duties and liabilities of company directors and officers | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Outline the processes and purpose of liquidation and administration of companies | GLO1: Discipline-specific knowledge |
| ULO4 | Apply and critically evaluate relevant legal principles and methods to solve relevant and complex corporate legal problems | GLO2:Communication |
| ULO5 | Demonstrate the capacity to lead and work effectively in teams in defining and solving a relevant and complex corporate legal problem | GLO2:Communication |
| ULO6 | Demonstrate an in-depth appreciation of the active role the Australian Securities and Investments Commission (ASIC) plays in enforcing directors’ duties as a feature distinguishing Australian corporate law from all other modern company law models, including the complex and advanced policies it adopts to the disqualification of directors, and continuous disclosure
| GLO1:Discipline knowledge and capabilities |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Essay and/or problem-based Research Assignment | 3000 words | 40% | Week 7 |
| Examination (Open Book, Proctored) | 2 hours | 60% | Exam period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MLJ715 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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