Company Director Duties

LAW60004 12.5 Credit Points Hawthorn

Duration

  • One Semester or equivalent

Contact hours

  • 36 hours

Aims and objectives

This unit examines the laws relating to corporate governance in Australia. It provides an introduction to the current and regulatory framework of corporate governance before focussing on the legal duties, responsibilities and powers of the key organs with a corporation: the company directors (board of directors); executive officers (management) and shareholders including the obligations that arise in the event of corporate insolvency. The discussion involves an examination of the role of the public regulator, the Australian Securities and Investments Commission, private litigation by shareholders and compliance within ASX listing rules and corporate governance principles and guidelines applying to publicly listed companies. The subject equips students with knowledge of the legal obligations of company directors and an appreciation of the wider regulatory context within which those laws operate.
 
Students who successfully complete this unit will be able to:
 
1. Critically analyse corporate governance, accountability and compliance in relation the role of the company director
2. Critically analyse the operation of the Australian legislative and regulatory frameworks as they relate to compliance and risk in context of the role of the company director
3. Demonstrate advanced knowledge of corporate governance and directors’ duties and critically evaluate existing legal theories, principles and concepts
4. Critically examine, research and analyse existing and emerging legal issues relating to corporate governance and directors’ duties
5. Proficiently communicate corporate governance principles and their application in industry contexts to a range of audiences and function cohesively as an effective leader or member of a diverse group.

Courses with unit

This unit is part of the Corporate Governance degrees in Swinburne’s Australian Graduate School of Entrepreneurship.