Unit convenor and teaching staff |
Unit convenor and teaching staff
Tony Antoniou
Craig Cameron
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to JD and (LAWS8030 or LAWS803)
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit studies the nature, formation and management of the modern corporation. It examines the consequences of the adoption of corporate form including the separation of legal personality between the company and its shareholders and the impact of limited liability. The extensive common law and statutory regulatory regime applicable to directors and other company officers in the management of the company is surveyed as is the important role of shareholders' rights in governing this entity. The examination of the corporation is undertaken in the context of globalisation where the proliferation of corporate governance codes is increasing.
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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:
Participatory Tasks (20%) - weekly and ongoing
These assessment tasks involve a series of activities including legal problem solving, discussions and debates that draw on students' understanding of the lectures and required readings.
The participatory tasks involve two separate tasks as follows:
Written Client Advice (40%) - due 29/09/22
This assessment task requires students to apply knowledge of company law to provide draft written client advice.
Take-Home Exam (40%) - due 18/11/22
This assessment task involves a time limited take-home exam testing student's understanding of company law.
Late Assessment Submission Penalty
Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a mark of ‘0’ (zero) will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical issue.
This late penalty will apply to non-timed sensitive assessment (incl essays, reports, posters, portfolios, journals, recordings etc). Late submission of time sensitive tasks (such as tests/exams, performance assessments/presentations, scheduled practical assessments/labs etc) will only be addressed by the unit convenor in a Special consideration application. Special Consideration outcome may result in a new question or topic.
Name | Weighting | Hurdle | Due |
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Participatory tasks | 20% | No | weekly and ongoing |
Written client advice | 40% | No | 29/09/22 |
Take-Home Exam | 40% | No | 18/11/22 |
Assessment Type 1: Participatory task
Indicative Time on Task 2: 15 hours
Due: weekly and ongoing
Weighting: 20%
A series of activities including legal problem solving, discussions and debates that draw on students' understanding of the lectures and required readings.
Assessment Type 1: Professional writing
Indicative Time on Task 2: 10 hours
Due: 29/09/22
Weighting: 40%
This task requires students to apply knowledge of corporations law to provide draft written client advice
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 5 hours
Due: 18/11/22
Weighting: 40%
A time limited take home exam testing student's understanding of company law
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Delivery and Resources
Lectures are pre-recorded and will be uploaded on the iLearn page each week in conjunction with the accompanying PowerPoint slides. Lectures will be available in weeks 1-12. The schedule of topics to be covered in the lectures, required readings, supplementary resources and tutorial questions will be available on iLearn.
For students that are attending on campus, there will be weekly one-hour tutorials beginning in Week 1 and finishing in Week 13 (total-13 hrs tutorials)
For students that are enrolled online, there will be six two-hour tutorials (total-12hrs tutorials) held every two weeks as follows:
Group A
Week 2 - Wednesday 3 August (7-9pm)
Week 4 - Wednesday 17 August (7-9pm)
Week 6 - Wednesday 31 August (7-9pm)
Week 8 - Wednesday 28 September (7-9pm)
Week 10 - Wednesday 12 October (7-9pm)
Week 12 - Wednesday 26 October (7-9pm)
Group B
Week 3 - Wednesday 10 August (7-9pm)
Week 5 - Wednesday 24 August (7-9pm)
Week 7 - Wednesday 7 September (7-9pm)
Week 9 - Wednesday 5 October (7-9pm)
Week 11 - Wednesday 19 October (7-9pm)
Week 13 - Wednesday 2 November (7-9pm)
Prescribed Textbook
This course requires the following text book:
Stephen Bottomley, Kath Hall, Peta Spender and Beth Nosworthy, Contemporary Australian Corporate Law (2nd Edition), 2020
All students MUST have the most recent 2nd Edition of the textbook. The 2nd edition is also available in eBook format.
Corporations law has experienced significant developments in Australia and globally over the past few years and it is essential that you have the most recent version of the text which reflects these developments.
Week 1 - Context, History & Regulation, Corporate Law Theories & Debates and Business Organisations
Week 2 - The Company as a Separate Legal Entity and Formation and Types of Companies
Week 3 - The Internal Rules of a Company
Week 4 - Corporate Contracting
Week 5 - Decision-Making, Meetings & Reporting
Week 6 - Corporate Finance
Week 7 - Corporate Fundraising
Week 8 - Directors' Duties Part 1 (Overview of Directors’ Duties and the Duty of Care, Skill and Diligence)
Week 9 - Directors' Duties Part 2 (Duties of Good Faith and Conflicts of Interests)
Week 10 - Members Rights & Remedies
Week 11 - Receivership, Schemes of Arrangement, Voluntary Administration and Winding Up
Week 12 - Takeovers
Week 13 - No lectures this week
Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) 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 or if you are a Global MBA student contact globalmba.support@mq.edu.au
At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.
The Library provides online and face to face support to help you find and use relevant information resources.
Macquarie University offers a range of Student Support Services including:
Got a question? Ask us via AskMQ, or contact Service Connect.
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.
Unit information based on version 2022.04 of the Handbook