Objective: 
The objective of this course is to provide students with an overview of legal and economic aspects of manager’s profession in the context of a changing and globalizing business world.
Students will be equipped with a framework for understanding and analyzing the management agreements and other types of managerial employment contracts.
The specific legal status of a manager involving manager’s entitlements, duties, obligations and liability will be discussed

Assessment: 
Term paper (60 %), class attendance (40 %)

Contents: 

Definition of manager, separation of ownership and management, levels of managements, manager competencies, roles and responsibilities of manager, management functions, clauses in management agreements, contractual liability, liability in tort, tax liability, employee and workplace liability, limitation of liability, management liability insurance.

Lectures

1. Management as a profession.
2. Managerial skills and competencies in the knowledge economy.
3. Leader vs. manager – gaining new perspectives on leadership.
4. Manager employment contract – types of contracts, clauses in employment agreements.
5. Body of directors as a governing body of a corporation – duties and liabilities.
6. Conflicts of interest and resolution of disputes between managers and shareholders.
7. Managerial ethics vs. fraud, bribery and managerial corruption.
8. Manager as an employer – legal duties. Type of employer non-compliance.
9. Manager as an employer – workplace mobbing and discrimination.
10. Final presentations of students.

Recommended reading: 
C.E. Bagley, D. Savage, Managers and the Legal Environment: strategies for the 21th century, 5th edition, Thomson/West, 2005
P.F. Drucker, Peter Drucker on the Profession of Management, Harvard Business Review Book, 1998.