Directors and managers need to understand their responsibilities to their company, shareholders, employees, customers and society, and appreciate rules and behaviours that lead to good governance. This unit will examine key elements of what constitutes good corporate governance. It will review key regulatory drivers that influence company management, including stock exchange regulation, and consider the main internal control systems necessary to effectively manage contemporary business organisations. It will equip students with knowledge of relevant business rules and regulations. The unit will critically review important areas of company law. Topics covered include: types of companies; corporate personality; company constitutions; contracts made by the company; share capital and loan capital; the duties of directors and managers; and shareholder remedies.
On successful completion of this unit, students will be able to:
This unit is studied as part of the following course(s):