Corporate Governance (3530)
This course will examine the governance of business organizations in modern corporate America, with special emphasis on the roles and responsibilities of boards of directors of public, private and not-for-profit entities. While the course will explore the limited rights of shareholders in the corporate democracy process, most of our time will be spent on director duties, as defined by the business judgment rule, duties of loyalty and care and the evolving redefinition of the relationship between boards of directors and management. The analysis will be from the perspective of the several constituencies (shareholders, management, employees, creditors and the community) affected by board conduct. Indemnification of directors, directors and officers liability insurance, the impact of the Sarbanes-Oxley legislation, and applicable NYSE and NASDAQ's rules, will also be covered.
- Credits: 2