The title of this course is meant to convey a different emphasis than the traditional legal environment or public policy course. An interdisciplinary approach is taken to the study of the legal, ethical, political and regulatory environment in which the business community functions in the United States and to a limited extent in global business. The term "regulation" includes issues of external regulation through law and market forces and internal regulation through ethical and social responsibility concerns. The course considers the regulatory role of administrative agencies, and some specifics about the legal forms of business organizations. Global business and comparative international topics are integrated within each topic area and in a separate section dealing with international law and ethics. Covered topics include:
- Ethics
- Environmental protection
- Product liability
- Employment law
- Consumer protection
- Government regulations
- Regulation of the internet
The learning objectives for the course include:
- To develop an advanced theoretical and interdisciplinary understanding of the context, scope and purpose of government regulation.
- To develop a critical, analytical understanding of the role of government in comparative economic systems.
- To increase understanding of the domestic and international ethical and legal dimensions of business performance.
- To develop an in-depth understanding of the impact of U.S. administrative agencies and the federal regulatory process.
- To develop an understanding of legal forms of U.S. business organizations and the regulation of corporate securities.
- To develop an in-depth understanding about positive employee relations.
- To increase understanding about product liability and public policy.
- To develop an understanding of government regulation of the internet.
- To develop an understanding of environmental protection.
- To demonstrate graduate-level research, communication through team efforts, collaboration skills in preparation of answering questions on public policy issues and team presentation skills.
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