Markkinoiden juridinen toimintaympäristö Luento 4 Case 3 Matti Rudanko

Case 3: yritysvastuu (CSR), Corporate Governance ja riskienhallinta osakeyhtiöissä Tehtävät: -Sääntelyjärjestelmien vuorovaikutus (esim. yhtiöoikeus ja arvopaperimarkkinaoikeus) sekä itsesääntely (menettelytapanormistot ja liiketoimninnan standardit) - Compliance –sääntely - Soft law –tyyppinen sääntely CSR, CG ja riskienhallinta Matti Rudanko

Slide sets: 6,7, 7b (Others to be added) Lecture 6: Slides Markkinoiden juridinen toimintaympäristö Luento 6

Search of Regulation Material Osakeyhtiölaki: https://www.edilex.fi/lainsaadanto/20060624 Finnish Companies Act: http://www.finlex.fi/fi/laki/kaannokset/2006/en20060624.pdf Finnish Corporate Governance Code 2010: http://www.nasdaqomx.com/digitalAssets/71/71589_finnish_cg_code_2010.pdf Links to Finnish legislation translations : http://www.finlex.fi/en/laki/kaannokset/haku/?search%5Btype%5D=pika&search%5Bpika%5D=Act+on+Investment+Firms&submit=Search Links to EU legislation: http://eur-lex.europa.eu/collection/eu-law/legislation/recent.html (by indicated search keys, e.g. document number) Markkinoiden juridinen toimintaympäristö Luento 6

Other Material and Further Reading Peter Fleming (Queen Mary's University) - Marc T Jones (Ashridge Business School): The End of Corporate Social Responsibility. Crisis and Critique (SAGE Publications Ltd 2013, 144 pages) http://www.uk.sagepub.com/books/Book234489 Exam textbook: Bagley, Constance E., Dauchy Craig E. (2012) The Entrepreneur's Guide to Business Law (4th ed., Cengage Learning) On CSR, corporate governance, risk management etc.: https://noppa.aalto.fi/noppa/kurssi/32e28000/materiaali?state:CourseDynamic=BrO0ABXcgAAAAAgAAGWVkaXRVc2VyV2FudHNUb0NoYW5nZUZpbGVzcgARamF2YS5sYW5nLkJvb2xlYW7NIHKA1Zz67gIAAVoABXZhbHVleHAAdxoAABdhZGRNYXRlcmlhbERpYWxvZ0hpZGRlbnNxAH4AAAE%3D Please make use of your knowledge of IB, Accounting, Finance, Logistics, and other business economic or legal know how Markkinoiden juridinen toimintaympäristö Luento 6

Possible Tasks and Questions Please account for the: 1.Interaction between legal rules (e.g. company law and securities markets law) and self regulation (codes of conduct, standards of business activities) 2. Soft law vs. mandatory law 3. Compliance regulation 4. CSR, CG and Risk Management Markkinoiden juridinen toimintaympäristö Luento 6

Topics and Issues Interaction of Various Types and Fields of Regulation Official rules / self regulation Soft law / mandatory law Company law and securities (markets) law Other fields of law regulating the topic Compliance Regulation Compatibility with Finnish regulation traditions and framework Practicality CRS, CG and Risk Management CSR and company law Profit generating purpose Liability of management Corporate Governance Risk management in companies Legal and other risks Markkinoiden juridinen toimintaympäristö Luento 6