Level 6 • Business Management

COMPARATIVE BUSINESS LAW

BUS 425 — Semester III
Course CodeBUS 425
TypeB
ECTS7.5
SemesterIII
Course Description

This course provides to business students the necessary knowledge how to operate a business in terms of legal issues. At the end of this course, the student is expected to show that he/she is well-informed about some key legal issues related to business and is able to make the difference between business legal norms in different countries.

Course Objectives

The objective of this course is to provide to business students the necessary knowledge to address adverse legal issues in the business environment. Business students are to identify the differences among the four types of business organizations. Business students are to understand the basic structures of business management from a legal perspective.

Key Concepts
  1. Legal Principles
  2. Legal personality
  3. Corporation
  4. corporate governance
  5. Business partnerships
Course Outline
WeekTopics
1Introduction to Business Law
2Main actors in Business Law: Sole trader/entrepreneur, partnerships, corporations
3Entrepreneurs and partnerships
4Corporations
5Corporate Governance
6Shareholders/Director’s duties
7Mergers and acquisitions
8Mid term
9Comparative Corporate Governance – UK, USA, Germany
10Board of Directors: a comparative perspective
11Minority shareholder’s rights – comparative approach
12Comparative Corporate Social Responsibility
13Comparative Corporate Governance in negotiated take overs
14Comparative Bankruptcy and Insolvency Law
Learning Outcomes
  1. Demonstrate potential problems that different firms may face.
  2. Effective communication of legal information, argumentation and analysis.
  3. Describe the ethical responsibility of businesses and those dealing with businesses.
Assessment
MethodQty% Each
Midterm Exam(s)140
Presentation110
Final Exam150
Textbooks

Cahn, Andreas, Donald, David, Comparative Company Law, Text and Cases on the Laws Governing Corporations in Germany, the UK and the USA, Cambridge University Press, Second Edition, 2018. Afsharipour Afra, Gelter Martin (editors), Comparative Corporate Governance, Edward Elgar Publishing, 2021. Kraakman Reinier et al, The Anatomy of Corporate Law, A Comparative and Functional Approach, Third Edition, Oxford University Press, 2017. Janet Dine, Michael Blecher, ‘The Law on Entrepreneurs and Companies’, Text with Commentary, 2016, Implemented by GIZ.

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