OL540: LEGAL ASPECTS OF GOVERNANCE

An examination of the law and ethics underlying and governing the structure and operation of for-profit and non-for-profit corporations in the United States and internationally. The course includes the legal evolution of the corporation as an economic and moral “person”; the structure and its role in governance; the role of the board as fiduciary and performance monitor; legal and ethical responsibilities of managers; government regulation of the structure and public accountability. This course provides an overview of the role of the successful, integrative leader in the modern business organization. Through discussions, cases, and exercises, participants will examine historical and contemporary approaches to leadership, including corporate practices to develop.