Bond University has devised a new master’s degree in a bid to better educate today and tomorrow’s corporate leaders on good governance and ethical leadership, the Queensland university has said.
The master of laws in enterprise governance will expose students to both the foundational principles and the cutting edge of governance, while assisting students to become informed, ethical and successful leaders, according to Professor Nick James, the executive dean of Bond University’s faculty of law.
“Every enterprise must be led by people with a thorough understanding of the principles of good governance, and it is for this reason that Bond University has created the Master of Laws in Enterprise Governance,” he explained.
“The name of the program reflects the all-encompassing nature of governance in Australia today,” Professor James continued.
Noting that “governance is again in the news”, Professor James considered the highlighting of significance gaps in governance of Australia’s financial institutions in the recent release of the final report from the banking royal commission.
He also pointed out similar ‘enterprise governance’ problems had been revealed in the final report of the Royal Commission into Institutional Responses to Child Sexual Abuse tabled in Federal Parliament in December 2017 and were very likely to be found by the upcoming Royal Commission into Aged Care Quality and Safety.
“These royal commissions provide further evidence that governance is an issue not only for corporates, the so-called ‘big end of town’, but for all types of enterprise whether for profit or not for profit, private or public, businesses or government, large department or local council,” Professor James said.
According to the executive dean, the foundation of good enterprise governance is an understanding of and compliance with the enterprise’s legal and ethical obligations, and that the expertise of lawyers and legal scholars is invaluable in teaching others about best practice in governance.
Commencing in May of this year, the program will be delivered through online modules and intensive workshops, and will be available to law graduates and other graduates with relevant enterprise experience.
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