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Contact: Pham,Kien Peter
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Campus: Kensington Campus
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Career: Undergraduate
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Units of Credit: 6
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Contact Hours per Week: 3
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Enrolment Requirements:
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Prerequisite: ACCT1511, FINS1613
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Description
Corporate governance is fundamental to the existence and growth of public corporations as it encompasses the mechanisms which help suppliers of finance assure themselves of getting a return on their investment. Its practical importance is also evident in the recent mega corporate collapses around the world. This course analyses how different governance mechanisms prevent managerial self-dealing, protect minority shareholders and add value to corporations. Specific topics include: directors responsibilities, board structure; regulations; auditing; executive compensation; financial ownership and control; shareholder activism; hostile takeovers and defence mechanisms; and the difference in governance systems in the US, UK, Australia, Japan, Germany and some Asian countries.
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