This course examines important facets of the regulation of corporations. It investigates the law and policy relating to the acquisition of control of corporations, particularly by takeover, and the regulation of financial markets generally. Topics to be covered include:
issues prompting, and theories shaping, the regulation of takeovers and the securities industry generally;
the regulation of financial markets;
the powers of the Australian Securities and Investment Commission and the obligations of listed companies, brokers and dealers;
controls upon market manipulation and insider trading;
the legal requirements for prospectuses;
controls upon the acquisition of shares under Chapter 6 of the Corporations Act 2001 (Cth);
directors' responsibilities in a takeover situation; and
compulsory acquisition powers.
Upon successful completion, students will have the knowledge and skills to:1. Synthesise, evaluate and apply the relevant legal framework and mechanics of the legal rules relevant to the regulation of takeovers and securities regulation in Australia;
2. Critically evaluate the policies behind those relevant legal rules;
3. Hypothesise solutions to complex problems faced during corporate fundraising and corporate control transactions, applying expert judgement with independence;
4. Explore and critically analyse themes emerging within wider debates about regulation and corporate governance;
5. Design, plan and execute a research-based project with independence, applying knowledge gained in this course.
Indicative Assessment• Research paper (50%)
• Take-home exam (50%)
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WorkloadThree contact hours per week. Students are generally expected to devote at least 10 hours overall per week to this course.
Requisite and Incompatibility
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.