This course will examine selected issues in corporate and securities law in order to probe the theories of the firm and the public policy objectives that shape how Canada's business law framework deals with issues in corporate governance, as well as how business law frameworks in several other countries come at the same questions. Consideration will be given to the law and economics movement and to more recent approaches to how best to understand the nature of the corporation and to structure a corporate governance framework. The course will regularly adopt a comparative approach, examining approaches to corporate governance issues in North America, Europe and Asia. Topics will include the nature of the firm, the status of shareholders relative to other stakeholders, the role of directors and the nature of fiduciary duties, current issues in corporate governance and the roles of courts and securities commissions in regulating corporate governance.
This course will examine selected issues in corporate and securities law in order to probe the theories of the firm and the public policy objectives that shape how Canada's business law framework deals with issues in corporate governance, as well as how business law frameworks in several other countries come at the same questions. Consideration will be given to the law and economics movement and to more recent approaches to how best to understand the nature of the corporation and to structure a corporate governance framework. The course will regularly adopt a comparative approach, examining approaches to corporate governance issues in North America, Europe and Asia. Topics will include the nature of the firm, the status of shareholders relative to other stakeholders, the role of directors and the nature of fiduciary duties, current issues in corporate governance and the roles of courts and securities commissions in regulating corporate governance.