Registry
Module Specifications
Archived Version 2017 - 2018
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Description This module will consider the legal basis for the formation and governance of companies under Irish law. The first half of the module will consider the nature and consequences of incorporation and the management of the company’s affairs by the directors. The second half of the module will focus on corporate governance issues including directors’ duties, the role of the auditor and the mechanisms through which shareholders can assert and defend their rights. | |||||||||||||||||||||||||||||||||||||
Learning Outcomes 1. Identify the processes by which a business can be incorporated in Ireland and enumerate the legal consequences which flow from incorporation. 2. Identify the powers, duties and responsibilities attaching to directorships and apply this knowledge in order to provide appropriate solutions and advice to common problems. 3. Delineate the role and function of the auditor and explain the difficulties associated with auditors’ liabilities 4. Evaluate the economic and social justifications for the recognition of the corporate form. | |||||||||||||||||||||||||||||||||||||
All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and
Learning Activities Introduction to the legal theory of the corporationIncorporation under the Companies Act 2014Separate legal personality, the rule in Salomon’s Case and the consequences of incorporationThe constitution of the private companyCorporate capacity and transactions by corporate agentsManagement by the directors and Model Regulation 40The common law, fiduciary and statutory duties of directorsShareholders’ remedies, the rule in Foss v Harbottle and the statutory remedies for oppressionAccounting and audit requirements, the position, powers and function of the auditors, liability of the auditor to the company and to third parties | |||||||||||||||||||||||||||||||||||||
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Indicative Reading List
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Other Resources None | |||||||||||||||||||||||||||||||||||||
Programme or List of Programmes | |||||||||||||||||||||||||||||||||||||
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