Course title

International Business Transactions (A)Teacher(s)Roy PARTAIN、SAITO Akira

Numbering Code

Day・PeriodTues2

開講区分

単位数

1st semester

1.0

Timetable Slot
Code1J318

Lesson topic
This version of International Business Transaction focuses on Green Corporate Governance, that is to say it teaches
about Corporate Governance Law, on Corporate Liability Law, Corporate Social Responsibility, and on policies toencourage or require Corporations to avoid, prevent, and when not preventable, to remediate and restore theenvironment.
Particular attention will be brought to the research obtained from Social Choice Theory and from Law & Economics,
which can inform us of both where legal rules are ineffective and where legal rules can be robustly employed todeliver our policy goals.
Lesson target
In this course, students learn how societies can build robust systems of private and public governance tocoordinate corporations with the broader needs of society. Students also learn of the potential complexities increated in group settings (juries, boards, legislatures) when policy choices are required.
Syllabus and plan
The course of lectures will cover:
1. A Green Planet: Introduction to Complexity of Environmental Principles
2. A Green Planet: Complexity in Focus – Ocean Containers
3. Corporations: Limits to Liability, Limits to Responsibility?
4. Corporations: Can Groups Make Reasonable Decisions?
5. Governance: Law & Econ Revolution in Liability Analysis
6. Governance: Law & Econ Revolution in Designing Regulatory Mechanisms
7. Governance: Private Regulatory Mechanisms to Corporate Social Responsibility
8. Case Study on Green Corporate Governance: What Really Happened with Oil Spills on the Oceans?
The topics and schedule may be adjusted depending on our progress over the quarter.
Evaluation method
33% Attendance and class participation
33% Creation of Outlined Notes from Lectures and Reading Materials
34% Final Exam – A combination of Multiple Choice and one short essay
Evaluation baseline
With the method stated above, grades will be determined in accordance with the degrees of achievement of theobjectives:
A 100% > n > 90% Excellent
B 90% > n > 80% Very Good
C 80% > n > 70% Good
D 70% > n > 60% Pass/Poor
F 60% > n FailNotice (include info. on related class)This course assumes that students are new to Green Corporate Governance, that they have not taken courses inCorporate Law, Environmental Law, Law & Economics, or Social Choice Theory – everything will be explained from thebasics in lectures. The course provides everything the students need to learn in order to obtain full marks, noprerequisites are assumed nor required.

Review and preparation• Read the assigned materials, identify and learn new words, and prepare any questions to submit to the professor
24 hours before the lecture.
• Attend class lectures:o Listen actively, ask questions to professor as soon as idea occurs.
o Take notes in class on paper, not on laptop.
• After each lecture, re-examine the readings and complete your notes from the lecture• Prepare a version of your notes to hand in for homework; may be hand-drawn or typed, so long as submitted on
paper with your name and ID to the professor for marking.
• Once graded, marked, and returned to you, you may use your own submitted homework notes to aid your memory on thefinal exam. You may not bring other reading materials to the exam.
• You may bring non-electronic foreign language dictionaries to the exam.
• Additional details will be announced at the first session regarding class preparation and how class participation
is included in the grading process.
Office hour・Contact information
Contact details will be announced during lectures.
Message for student
Our future depends on both the productivity and profitability of privately held corporations and on the sustainable
health of the worlds ecologies and environments; this course explores the cutting edge of policy options to attainthese dual goals.
Improvemenets in Teaching

Text

ENVIRONMENTAL LAW AND ECONOMICS: THEORY AND PRACTICE / MICHAEL G. FAURE & ROY A. PARTAIN : Cambridge University
Press ,forthcoming 2019 ,ISBN:CARBON CAPTURE AND STORAGE: EFFICIENT LEGAL POLICIES FOR RISK GOVERNANCE AND COMPENSATION / MICHAEL G. FAURE & ROY
A. PARTAIN : MIT Press ,March 2017 ,ISBN:Reference Material• To be further detailed and explained at first classClassroom Language
EnglishKeywords
Green Corporate Governance, Corporate Governance, Corporate Liability, Corporate Social Responsibility, Law &Economics, Coase, Shavell, Calabresi, Arrow Possibility Theorem