Curriculum Guide · Courses

Professors Krus & Lynn

LL.M Course 829 (cross-listed) | 2 credit hours

In response to accounting scandals and other corporate malfeasance, regulatory pressures are pushing corporations to strengthen their corporate governance practices. In addition, the economic difficulties of several large and well-known U.S. companies (such as Enron, Tyco, Global Crossing, Worldcom and Adelphia) highlight the importance of corporate governance in effectively managing a corporation’s structural and economic risks. This course will highlight the rising importance of corporate governance as evidenced by the recent enactment of the Sarbanes-Oxley Act of 2002 and the adoption of related rules promulgated by the Securities and Exchange Commission, the national securities exchanges and the national securities associations. We will focus on the impact of these regulatory initiatives on corporations, their executive officers, their directors, their auditors and their attorneys. We will also address the increasing importance of corporate governance on investor behavior and evaluate the evolving consensus on corporate governance best practices.

Prerequisite: Corporations. Recommended: Securities Regulation.

Students may not receive credit for this course and the J.D. courses, Corporate Governance Seminar, Corporate Governance Seminar: Politics and Practice, or The Theory of the Firm and Corporate Governance Seminar.