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Not all courses listed below may be offered in both the spring and fall semesters.
Description: This course provides students with a basic understanding of how the law and the political process affect business strategy and decision making. It is co-taught by faculty from the Departments of Legal Studies & Business Ethics and Business & Public Policy. Topics include how legal infrastructure (contracts, intellectual property, antitrust, etc.) affect business strategy, and how businesses deal with challenges involving government agencies, legislation, or the press. The course presents broadly applicable frameworks that will help students to manage and advise clients more effectively in a world heavily influenced by legal concerns and governmental forces. [top]
LGST 652 considers the ethical responsibilities of
managers and corporations. It is designed to raise difficult ethical
conflicts and dilemmas, and to provide plausible frameworks for dealing
with those conflicts. It is also designed to reveal common patterns of
success and failure in managing ethics. A successful module engages
students in a critical evaluation of managerial and corporate ethics, and
encourages each student to develop a perspective about the role of ethics
in business. Class sessions will consist of collaborate case discussions,
exercises, and discussions of theoretical frameworks for interpreting
business ethics. - To foster an understanding of the ethical responsibilities assumed in becoming business managers. - To improve individual and group skills in identifying and analyzing a select number of ethical issues that managers face in the context or situation in which they arise. - To encourage the development of action plans that resolve ethical conflicts and dilemmas. - To critically examine the assumptions and values that everyone brings to complex business decisions that raise ethical issues. [top]
This course provides an introduction to the law of corporate management and finance, focusing on large publicly held corporations. It is presented from the perspective that before too long virtually all students will serve on one or more corporate boards of directors and that each should, therefore, know about the duties owed by directors and officers to those toward whom they bear a fiduciary duty. The course covers the basic obligations of corporate directors and managers under state corporate law and the federal securities laws. It also considers the rights and responsibilities of other major stake holders in the governance of public corporations, including shareholders, creditors/bondholders, employees (including corporate executives), investment bankers, corporate lawyers, and accountants. Particular attention is given to the law of mergers and acquisitions. Important issues of social policy concerning large business corporations are also discussed. [top]
This course examines the fundamentals of real estate
financing and development from a legal and managerial perspective. The
course serves as a foundation course for real estate majors and provides
an introduction to real estate for other students. It attempts to develop
skills in using legal concepts in a real estate transactional setting.
The tax aspects of the real estate transactions studied are covered.
The course would be of interest to students contemplating careers in
accounting, real estate development, real estate finance, city planning,
and banking. The main topics covered vary by instructor and may include
the following: land acquisition; subdivision; construction; permanent
loans; joint ventures; management (leasing, environmental); limited partnerships;
disposition of real property (sale of mortgaged property, foreclosures,
wraparound mortgages, sale-leasebacks); and recent legal developments.
[top]
The course explores the legal aspects of marketing
strategy. The first half considers relevant antitrust doctrine and policy:
mergers, acquisitions, and joint ventures; pricing strategy (e.g., price
fixing, exchanging price information, predatory pricing, and
discriminatory pricing); marketing channel strategy (e.g., resale price
maintenance, territorial and customer restrictions, exclusive dealing,
refusals to deal, etc.); and limits on market dominance. The second half
considers issues the intellectual property dimension (including federal
patent, copyright, and trademark law), as well as federal and state laws
pertaining to trade secrets, unfair competition, and consumer protection.
The focus is primarily on U.S. law, but the challenges posed by diverse
domestic, foreign, and international regimes will also be emphasized. The
course is useful to students contemplating employment in the field of
marketing, and to students interested in anticipating legal constraints on
competitive strategies. Most broadly, the course should be of interest to
anyone desiring to understand the legal and public policy issues relating
to the government regulation of business. [top]
This course examines the art and science of
negotiation, with additional emphasis on conflict resolution. Students
will engage in a number of simulated negotiations ranging from simple
one issue transactions to multi-party joint ventures. Through these
exercises and associated readings, students explore the basic
theoretical models of bargaining and have an opportunity to test and
improve their negotiation skills. Format: Lecture, class discussion,
simulation/role-play, video demonstrations. [top]
The course examines the federal securities laws and the operation of the Securities and Exchange Commission. The legal responsibilities of corporate managers, accountants, underwriters, and broker-dealers, occasioned by the securities regulatory scheme, will be investigated. Students will be encouraged to evaluate, from a managerial perspective, the various aspects of securities regulation studies. The material covered in the course will provide familiarity with the basic legal structure of securities regulation, will assist in understanding the current policy issues in securities law, should help students to develop the ability to read and learn further in the field and to improve their effectiveness of communication with attorneys, and will suggest ways of detecting instances in which an attorney should be consulted. The course is particularly useful for those students pursuing careers in corporate finance (investment banking, mergers and acquisitions), sales and trading, venture capital, private equity, entrepreneurship, accounting, corporate management, and real estate. [top]
The purpose of this course is to introduce future sports business leaders to a compendium of business and legal issues that apply in the context of the management of professional and amateur sports. Although the factual situations will focus upon sports, the technique of inserting a legal dimension into management decision analysis is transferable to other industries as well. The course will provide both practical and theoretical approaches. Students will read standard case law and business cases in the sports area as well as law review articles and economic materials. [top]
This course examines the foundations of moral reasoning and the analysis of ethical issues that arise in a wide range of contemporary business practices, both domestically and globally. The central aim of the course is to enable students to develop a framework through which to recognize, analyze, and address challenges as they arise in their careers. The course also involves an evaluation of the institutions that structure the interaction of corporations and individuals in the conduct of business. [top]
This course offers a current and historical overview
of the regulation of health care delivery in the U.S. It examines
principles and practical applications of the laws that affect the
operational decisions of health care providers, payors, and managers and
that impact the development of markets for health care products and
services. Also considered are the social, moral, and ethical issues
encountered in trying to balance the interests, needs and rights of
citizens against those of society. For part of the term, the class will
divide into two groups so that students can focus on their choice of (a)
health care management or (b) selected issues of patients' rights. [top]
Legal Aspects of Entrepreneurship is a practical and
intensive course that examines the critical legal issues confronting
start-up and emerging growth companies. Although the context of the course
is early stage companies, many of the concepts studied are equally
applicable to more mature, established companies. The course provides
perspective on how to use the law strategically to manage risk, deploy
resources and maximize shareholder value. Topics include the
enforceability of confidentiality, non-competition and other restrictive
covenants in employment agreements; choice of business form including the
legal, financial and tax advantages and disadvantages of general
partnerships, limited partnerships, corporations and limited liability
companies; tax and securities law; legal aspects of raising capital
including structuring venture capital and private equity financing;
letters of intent and mergers and acquisitions, employment law, and
intellectual property law including trade secrets, copyrights, patents,
and trademarks. [top]
Description: This course aims to familiarize students with and prepare students for the conduct of international transactions. The first topic covered in the course is international trade, from trade on letters of credit to barter. The mechanisms of U.S. and international trade regulation are also discussed in the context of how such regulations may be used or opposed by traders. The course then studies forms of direct international investment, such as joint ventures, licensing, and distributorships. Finally, the course examines the global context of international business transactions, with an emphasis on issues that affect emerging economies. [top]
This course provides a practical overview to the
management of environmental issues as practiced in today’s business world,
and how approaches are likely to develop for the future. Using case
studies, guest speakers, and selected essays, the course will explore the
effects of environmental regulation and policy on business practices. The
primary aim of the course is to give students a theoretical and practical
sense of the complex relationship between business and other stakeholders
and the natural environment, how that relationship is mediated by
statutory and common law rules, and how to think critically about how best
to manage this relationship. As part of the course, students will work in
consultative teams with local Philadelphia businesses to assess and
improve their organization’s business practices as they may effect the
environment. The course will be co-taught by a business executive and a
practicing environmental regulator. Key components of the course include: - Development of a theoretical and practical framework for how relevant environmental laws impact businesses. - Real world examples of how businesses and various stakeholders address difficult issues in balancing corporate and environmental objectives. - An approach for building effective environmental management systems that is consistent with global standards such as ISO 14001. - A consultative external class project with a local Philadelphia business to address specific environmental challenges for that business. [top] * Cross-listed with MGMT 713
The seminar explores the growing academic literature in business ethics. It also provides participants an opportunity to investigate an ethical issue of their choosing in some depth, using their field of specialty as context. The seminar assumes no previous exposure to business ethics. Different theories and frameworks for investigating issues will be discussed. In turn, these theories will be applied to a range of issues, both domestic and international. Such issues include: corruption in host countries, the management of values in modern corporations, the ethical status of the corporation, ethics in sophisticated financial transactions (such as leveraged derivative transactions), and gender discrimination in the context of cultural differences. Literature not only from business ethics, but from professional and applied ethics, law, and organizational behavior will be discussed. Often, guest speakers will address the seminar. At the discretion of the class, special topics of interest to the class will be examined. Students will be expected to write and present a major paper dealing with a current issue within their major field. The course is open to students across fields, and provides integration of ideas across multiple business disciplines. [top]
This course will introduce students to basic jurisprudential discussions and debates that relate to understanding business in society. Topics will include a general overview of the nature of law and its relationship to ethics; theories of contract, torts, and property; criminal law as it applies to business situations; and theories of the business enterprise and its regulation. Selected topics will also be chosen in accordance with the interest of participants in the seminar. [top]
The seminar will explore how international human rights law is increasingly being treated as setting universal standards that govern the conduct of international business with the aim of promoting a critical awareness of the problems that this entails. Students will acquire a grasp of various theories and cases involving the expansion of human rights law to cover corporations, as well as the ongoing controversies over the nature of the human rights responsibilities that should be incumbent on international business. Seminar participants will be challenged to formulate their own positions regarding this crucial development. [top]
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