Business and Company Law

Unit code: BLO5540 | Study level: Postgraduate
(Generally, 1 credit = 10 hours of classes and independent study.)
City Campus
VU Sydney


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.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Research and advocate different perspectives of the firm, taking into account the stakeholder versus shareholder debate in the context of corporate social responsibility;
  2. Interpret the obligations Directors, managers and employees owe, as corporate agents, to the organisation, shareholders and broader society;
  3. Investigate the legal context in which firms exist, including the ways political, economic and technological factors contribute to the evolution of commercial and contract law;
  4. Critically review the Australian legal system and institutions relevant to commercial actors and advisers, forming viewpoints on debates about the management of business organisations;
  5. Critically analyse key laws that impact upon managers’ roles and application of relevant legal rules and principles to commercial problems, applying contract and company law principles; and,
  6. Analyse and advise data protection and privacy regulations that apply to the collection, storage and sharing of data.


For Melbourne campuses

Assessment type: Assignment
Grade: 20%
Reflection essay
Assessment type: Case Study
Grade: 30%
Case study research assignment (Group)
Assessment type: Examination
Grade: 50%
Final examination

Required reading

Business and Corporations Law
Fitzpatrick J (2022) | Lexis Nexis Butterworths

As part of a course

This unit is studied as part of the following course(s):

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