Theory and Practice of Commercial Regulation and Governance
CML4601F Theory and Practice of Commercial Regulation and Governance
NQF credits: 9 at HEQSF level 8
Final Level, half course, first semester, two lectures per week.
Associate Professor D Collier and Ms K Idensohn
The regulation of commercial activities is seen as a necessary measure to manage risk and mediate the conflicting interests of parties. Increasingly however, formalistic legal (or state) regulation of commercial activities is under pressure to give way to softer' forms of governance. This course in regulation and governance introduces students to (i) basic economic perspectives on regulation and governance and global trends in this regard; (ii) basic sociological perspectives on the regulation of commercial activities; which will provide students with an understanding of various regulatory models - from the traditional command-and-control to more reflexive/responsive models - and will equip students with the tools to critique the contemporary regulatory regime and its impact on commercial activity.
November Examination 80%