Course Listing


Comparative Corporate Law
Last Updated Date:   22 July 2021


5 Credits,  Semester 2

Course Description:
This course examines the core legal characteristics of the corporate form across major jurisdictions. It primarily draws on corporate law developments in the United States, United Kingdom, Singapore, Japan, Germany, and France to explain the common agency problems that are inherent in the corporate form and compares the legal strategies that each jurisdiction uses to solve these common problems. It also examines several of the most significant topics and policy debates in the burgeoning area of comparative corporate law and governance - with an emphasis on Asia. The major topics covered in this course are: the universality of the corporate form and the genius of legal personality; the "corporate purpose" debate; the ubiquitous problem of agency costs and corporate law's solutions; the structural (in)efficiencies of corporate boards; the delusion of shareholder democracy; the enigma of independent directors and their varieties in Asia; the role of women on boards; the perceived threat and mundane reality of shareholder litigation; and, regulating hostile takeovers and understanding their absence in Asia.

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Course Convenor: A/P Daniel William Puchniak

Co-teacher(s): NA

Module Codes: LL4173V / LL5173V / LL6173V / LLJ5173V

Contact Hours: 3hr weekly seminar

Workload: 3 hours

Mode of Assessment: Class Participation (with Lead Discussant requirement) - 20%; Class Reflection Exercise by Uploaded Video - 20% & 2 Hr Take Home Exam - 60% [Release: Wed, 20 April 2022 (9am); Due: Wed, 20 April 2022 (11am)]

Preclusions: Not opened to students who have taken or are taking LL4065/LL5065/LL6065/LLJ5065; LL4065V/LL5065V/LL6065V/LLJ5065V Comparative Corporate Governance.

Prerequisites: NUS Compulsory Core Law Curriculum or common law equivalent. Previously completed a course in Company Law.

Examination Date: Different Mode of Examination

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