Overview
Key facts
Terms such as SDG or ESG reflect the belief that corporations are in reality, fiduciaries, and are obligated to strive for sustainable profits by jettisoning “short-termism” and taking into account long-term sustainability in the contexts of the environment, social justice and other goals. Accordingly, boardrooms are increasingly facing demand and navigating complex social issues pressures from stakeholders to address an expanding list of challenges far beyond the classical ambit of a corporation’s purpose.
Shanghai Jiao Tong University's ESG in Business Law and Economic Growth course will explore the new board focus to integrate social issues into corporate decision-making and analyze two developing trends. The first is the re-examination of the role of corporations and which governance model is best for the modern corporation – shareholder, stakeholder or enhanced shareholder. Which model can achieve ESG/SDG better? Alternatively, are there disadvantages to obligating corporations to expand their mandates? What are the advantages and disadvantages of this new focus? The second trend is the increasingly enhanced oversight responsibilities on corporate directors using the exemplar of Delaware law to analyze the ramifications of this trend.
Oversight was classically looked at as a “duty of care” violation while it is now conceptualized within the parameters of the duty of loyalty which exposes directors to personal liability. Directors have an enhanced oversight obligation with respect to consumer safety and “mission critical” functions. Students will examine these issues in the contexts of various jurisdictions increasing their knowledge of comparative governance.
Programme Structure
Courses include:
- Identify the various corporate governance and board structure (one-tier, two tier) models
- Discuss and debate the role of publicly traded corporations and changing expectations
- Summarize the corporate director duty of oversight in China and the United States
- Review the new enhanced obligations of directors in the U.S. as it relates to ESG
- Analyze and debate the advantages and disadvantages of the enhanced obligations of directors as it relates to ESG
- The above will be done within the contexts of improving oral English skills and critical thinking. Students will reflect on their classmates’ opinions and learn how to critically analyze those opinions.
Key information
Duration
- Full-time
- 8 days
Start dates & application deadlines
- StartingApply anytime.
Language
Credits
Delivered
Disciplines
Economics Econometrics Business LawWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
We are not aware of any English requirements for this programme.
Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
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Other requirements
General requirements
- None.
Tuition Fee
Living costs for Shanghai
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.