Unit convenor and teaching staff |
Unit convenor and teaching staff
Convenor
Michael Quilter
by appointment
Lecturer
Julian Dight
by appointment
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Credit points |
Credit points
4
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Prerequisites |
Prerequisites
Admission to MRes
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
ACCG951
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Unit description |
Unit description
This unit examines the structure and issues relating to the legal governance regimes of business enterprises and provides the opportunity to develop research and written communication skills. At the core of the unit is an analysis of corporate governance frameworks including historical aspects, board structure and director's responsibilities. Also included is the consideration of the impact of stakeholder influence, market forces on the regulation of governance, and an examination of the ASX Corporate Governance Council Principles and Recommendations. The unit is primarily research oriented and students are required to undertake research in the area of corporate governance.
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Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Hurdle | Due |
---|---|---|---|
1. Article Analysis | 30% | No | 22 March 2018 (Week 4) |
2. Research Assignment | 60% | No | 31 May 2018 (Week 12) |
3. Presentation | 10% | No | Week 9, 10 and 11 |
Due: 22 March 2018 (Week 4)
Weighting: 30%
This assessment involves reading a scholarly article as allocated and thereafter submitting an analysis of the article. Further details will be provided in class.
No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for Special Consideration is made and approved.
Due: 31 May 2018 (Week 12)
Weighting: 60%
This assessment involves researching an allocated topic. Your assignment must be submitted via iLearn/Turnitin by 6pm Thursday 31st May 2018. A hard-copy of the assignment must also be submitted (handed-in) in your class on 31st May 2018. Further details will be provided in class.
No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for Special Consideration is made and approved.
Due: Week 9, 10 and 11
Weighting: 10%
Presentation topics will be allocated in Week 4 and presentations will take place during Weeks 9, 10, and 11. Further details will be provided in class.
No extensions will be granted. This penalty does not apply for cases in which an application for Special Consideration is made and approved.
Classes will progress through the various Areas referred to in the Unit Schedule in this Unit Guide. There may be some reorganisation, overlapping, and/or integration of areas to accommodate assessment and unit structure. Texts, readings and unit content will be discussed in the first seminar.
Recommended Texts and/or Materials
Principles of Contemporary Corporate Governance, Du Plessis, Hargovan, Bagaric, Harris, 4th ed. 2018 Cambridge University Press
Understanding Company Law, Lipton, Herzberg and Welsh, Thomson Reuters (Lawbook Co.)
You will be referred to other relevant material where appropriate
Both of the above texts can be purchased from the Macquarie University Co-op Bookshop, and are available in the Macquarie University library.
Useful websites
Students should be ready to allocate at least 150 hours during semester time to this Unit. This includes all classes, assessment, personal study and other learning activities. Here is a sample breakdown of a student workload:
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Activities
|
Hours |
1 |
Weekly Seminars including required assessment |
39 |
2 |
Assessment Task 1 - Assignment - Scholarly article analysis (reading, analysing, drafting) |
31 |
3 |
Assessment Task 2 - Research Assignment (researching, analysing, interpreting, drafting) |
60 |
4 |
Assessment Task 3 - Presentation |
20 |
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Total |
150 |
Week 1 of session - Introduction to governance issues, corporate framework and core principles – Assessment 1 allocated - analysis of a scholarly article
Corporations Act: www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/
Week 2 - Concept, principles and history of corporate governance; stakeholders; CSR
Week 3 - Board functions and structure; roles of directors
Week 4 - Directors duties; Assessment 1 due – Assessment 2 (Assignment) allocated including discussion of assignment topics – Assessment 3 allocated
Week 5 - Directors duties, liability and enforcement
Week 6 - Accounting governance; audit
Week 7 - Regulating governance through the courts - case studies in corporate governance – discussion of factors relevant to completing Assessment 2 and 3
UNIVERSITY BREAK
Week 8 - Regulating corporate governance and the regulators; ASX and ASIC
Week 9 - Business ethics and corporate governance; Presentations (Assessment 3) and discussion
Week 10 – Insolvency and governance issues; Presentations (Assessment 3) and discussion
Week 11 - International perspectives on corporate governance; Presentations (Assessment 3) and discussion
Week 12 – International perspectives on corporate governance cont. - Assessment 2 due
Week 13 – Summary and Review; future of corporate governance - Discussion of Assessment 2
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Undergraduate students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
The nature of scholarly endeavour, dependent as it is on the work of others, binds all members of the University community to abide by the principles of academic honesty. Its fundamental principle is that all staff and students act with integrity in the creation, development, application and use of ideas and information. This means that:
Further information on the academic honesty can be found in the Macquarie University Academic Honesty Policy athttp://www.mq.edu.au/policy/docs/academic_honesty/policy.html
Macquarie University uses the following grades in coursework units of study:
Grade descriptors and other information concerning grading are contained in the Macquarie University Grading Policy which is available at:
http://www.mq.edu.au/policy/docs/grading/policy.html
If, at the conclusion of the unit, you have performed below expectations, and are considering lodging an appeal of grade and/or viewing your final exam script please refer to the following website which provides information about these processes and the cut off dates in the first instance. Please read the instructions provided concerning what constitutes a valid grounds for appeal before appealing your grade.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For all student enquiries, visit Student Connect at ask.mq.edu.au
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Our postgraduates will demonstrate a high standard of discernment and common sense in their professional and personal judgment. They will have the ability to make informed choices and decisions that reflect both the nature of their professional work and their personal perspectives.
This graduate capability is supported by:
Our postgraduates will be capable of utilising and reflecting on prior knowledge and experience, of applying higher level critical thinking skills, and of integrating and synthesising learning and knowledge from a range of sources and environments. A characteristic of this form of thinking is the generation of new, professionally oriented knowledge through personal or group-based critique of practice and theory.
This graduate capability is supported by:
Our postgraduates will be capable of systematic enquiry; able to use research skills to create new knowledge that can be applied to real world issues, or contribute to a field of study or practice to enhance society. They will be capable of creative questioning, problem finding and problem solving.
This graduate capability is supported by:
Students are encouraged to consult different sources and search for external reading materials. This will enhance their understanding of the unit concepts and support their learning process. Examples of journals that can be consulted to follow up matters of interest in relation to corporate governance issues are: Australian Journal of Corporate Law; Company and Securities Law Journal.