Course Descriptions

Course catalog descriptions for courses offered in the W10(A) term.

Law, History, Communication

LHC 506 Corporate Governance
  2.25 hours Elective Terms Offered: W10(A)
  Advisory Prerequisites: No JD students 
  Corporate Governance - Every business activity is affected by the issues of corporate governance and social responsibility. This course will examine how modern corporations are governed and to whom they should be responsible. Students will learn to analyze issues concerning:

The theory and purpose of the firm
The role of law
The role of the board of directors
Fiduciary obligations owed to the corporation and its shareholders
The role of shareholders and shareholder activism
Corporate responsibility to other constituencies including employees, customers, suppliers, and communities, etc.
Contests for corporate control
Effects of fraud and corruption
Prosecutorial discretion
Legislative reform
International comparisons of corporate governance structures
Governance of not for profits

The material in this course is taken directly from actual corporate conflicts. The struggles over control of the modern corporation evolve and present themselves in a myriad of forms. The issues underlying these struggles are still being resolved. This course seeks to alert future business actors to the powerful impact these issues will have on their ability to manage effectively. Further, students will be encouraged to develop and refine their views on how these issues should be resolved.

This course fulfills the MBA law/ethics requirement.
Credit is given for LHC 506, or 517, or 516.
Students who have successfully completed LHC 516 or 517 may not receive credit for LHC 506