AGSM9151 Law, Regulation & Ethics - 2023

Subject Code
Study Level
Commencing Term
Term 1
Total Units of Credit (UOC)
Delivery Mode
Online Weekly
This course outline is provided in advance of offering to guide student course selection. Please note that while accurate at time of publication, changes may be required prior to the start of the teaching session. To view other versions, visit the archives .

1. Course Details

Summary of Course

AGSM's innovative course Law, Regulation and Ethics (LRE) is now in its fourth year. The subject expresses, in concrete terms, the AGSM's commitment to global principles of responsible business practice. LRE fills an important gap in management education. It helps business leaders recognise and understand that effective management of non-financial risk is not (just) a technocratic exercise. It requires deep and considered engagement with the broader themes of law, regulation and ethics.

LRE is not about what the law says or requires. It is about how law, regulation and ethics work together to shape behaviour and inform management decision-making. It helps non-lawyers to see around corners, to anticipate and respond to non-financial risks that can inflict serious harm on businesses and the community if they are mismanaged. 

The course gives students the confidence, tools and knowledge to engage with lawyers, regulators and the risk function, and ask the right questions.

Evolving expectations and enhanced reporting frameworks mean that all organisations must track their environmental, social and governance (ESG) impact. Sustainability in the broadest sense is not just a question of values, it is a business imperative. This means leaders need to ask both "is it legal?" and "is it right?".

The course uses eight contemporary case studies to illustrate and model how major businesses and sectors can get it wrong, and to benefit from the hard lessons learned. In a fast-paced, small-group learning environment, students have the chance to apply key principles to problems pulled straight from the headlines.

The situations examined in the case studies involve entities that are not fringe or rogue businesses. These are living, breathing examples of how difficult it is to manage conduct and compliance risks in complex organisations. They provide an opportunity to reflect critically on how a more sophisticated understanding of law, regulation and ethics can build better business outcomes.

Teaching Times and Locations

Please note that teaching times and locations are subject to change. Students are strongly advised to refer to the Class Timetable website for the most up-to-date teaching times and locations.

View course timetable

Course Policies & Support

Course Aims and Relationship to Other Courses

Additional Course Details

3. Staff Contact Details

Position Name Email Location Phone Consultation Times
Facilitator in ChargeJennie Granger

Facilitator in Charge 

Each course has a Facilitator in Charge who is responsible for the academic leadership and overall academic integrity of the course. The Facilitator in Charge selects content and designs assessment tasks, and takes responsibility for specific academic and administrative issues related to the course. Facilitators in Charge oversee Facilitators and ensure that the ongoing standard of facilitation in the course is consistent with the quality requirements of the program. 


The role of your Facilitator is to support and enhance the learning process by encouraging interaction among participants, providing direction in understanding the course content, assessing participant progress through the course and providing feedback on work submitted. Facilitators comprise academics and industry practitioners with relevant backgrounds. 

4. Learning and Teaching Activities

Approach to Learning and Teaching in the Course

This subject is taught through an in-depth examination of case studies that raise issues related to law, regulation and ethics. There are eight cases. All students must read and view the course materials for the relevant cases in accordance with the Course Schedule.

Please see your Course Schedule and your Moodle class site for further details.

Learning Activities and Teaching Strategies

This course is conducted with the aim of promoting student-centred learning. This aim will be achieved by encouraging students to engage with the topics presented in the course through independent research as part of the Case Presentations and contribution to discussions. The assessment in this course is designed to promote students' understanding of contemporary business challenges and the various paradigms for resolving them.

Course Structure

Unit 1: Globalisation and the limits of the law
This Unit explores the nature of law and its limitations particularly in trans-national settings and the source of authoritative norms outside domestic legal systems. The regulatory approach to reducing modern slavery in supply chains is also considered.

Unit 2: Regulating and stakeholder relationships
This Unit explores what regulation is and considers the challenges of managing compliance risk in complex situations involving a range of regulations and regulators. It considers stakeholder interests and their relationship to the legal duties of officers to act in the best interests of the company. It looks at the different ways in which standards of acceptable business behaviour and ethics are translated into hard and soft rules that govern corporations and individuals.

Unit 3: Regulating for consumer protection
This Unit explores the extent to which the law can intervene to correct market failures and protect systems and individuals from dangerous or exploitative practices by business. What are the key legal mechanisms for consumer protection in goods and services, including disclosure, product safety rules, nudges etc.?

Unit 4: Ethics
This Unit considers why ethics matter and how personal, professional and institutional ethics are engaged in decision-making, and how to frame ethical decision-making systems and structures. It explores concepts of business ethics, their relationship to sustainability and corporate social responsibility, and the ethical responsibilities of individual managers in challenging situations (including whistleblowing).

Unit 5: Accountability
This Unit explores corporate accountability and what makes a corporation 'socially responsible' - who decides? How does limited liability play into this? Is it enough that a corporation obeys the letter of the law? It considers who is to blame when things go wrong, including the way in which fault is attributed to corporate entities and the legal responsibility of individual officers and managers for corporate wrongdoing.

Unit 6: Self-regulation
This Unit explores how self-regulation works. Is it effective? What makes it more (or less) effective? It considers codes of conduct and other forms of business self-regulation, including how they have fared during the COVID-19 pandemic. It reflects on the accountability of individual executives and managers outside the corporation sector, including in not-for-profits and government departments.

Unit 7: Corrupt practices
This Unit considers domestic and foreign corrupt practices. What is corruption? What is bribery? What laws apply? What about the ethics of lobbying and political influence?

Unit 8: Governance of non-financial risks
This Unit considers how good governance contributes to the effective management of non-financial risks. It  brings together and considers the key themes examined in the course such as the 'corporate helix' of purpose, governance and culture and explores how corporations can strive to ensure they operate lawfully and in accordance with community standards.

6. Course Resources

You have three major resources to help you learn:

  1. The course materials, which you will access via your Moodle class. You will do much of your learning outside the classroom by working through the course materials, and by completing the activities as they arise.
  2. Your interaction with your Facilitator. The Facilitator's job is to guide your learning by conducting the online discussion, answering questions that might arise after you have done the week's work, providing insights from their practical experience and understanding of theory, providing you with feedback on your assessments, and directing discussions and debates that will occur between you and your co-participants in the course.
  3. Your co-participants. Your class colleagues are an invaluable potential source of learning for you. Their work and life, and their willingness to question and argue with the course materials, the Facilitator and your views, represent a great learning opportunity. They bring much valuable insight to the learning experience.

7. Course Evaluation & Development

Continual Course Improvement

AGSM courses are reviewed each time they run, with updated course outlines and assessment tasks developed. 

Additionally, the data collected in the myExperience survey provides anonymous feedback from students on the quality of course content and materials, class facilitation, student support services and the program in general. This student feedback is considered during all course revisions.

Student Response

At the time of publishing this Course Outline, the myExperience feedback from students in Term 3 2022 was not available. However, the course is adjusted each time we run it based on a combination of the latest myExperience feedback (Term 2 2022) and the ongoing feedback from students during term (Term 3 2022).

Response to Student Feedback

In response to student feedback:

  1. We have again included contemporary case studies. 
  2. We have streamlined the assessment schedule to reduce the number of assessment tasks.
  3. We have reduced the word limits for Assessment 2 and extended the period in which students can contribute to each Discussion Forum to Sunday at 3pm.
  4. We will provide tips on assessment items in the relevant assessment sections in Moodle so it is easier for students to find them.
  5. We will pilot providing an optional brief recorded introduction for each unit to complement the overview in the course material. This is in response to some feedback that some overviews in the materials could provide a stronger narrative linking the readings. We will seek feedback during the course on whether this is adding useful context or unnecessarily adding to the workload.

8. Course Schedule

Week Activity Topic Detail/Engagement Assessment Task
Week 1 Complete Unit 1Globalisation and the limits of the law
Assessment 2 : Discussion Forum Participation
Week 2 Group case preparation and Optional tips workshop

Videoconference: Optional tips workshop (recorded for students who are unable to attend)

Working in assigned groups on case presentations

Week 3 Complete Unit 2Regulating and stakeholder relationships

Assessment 1 Video Presentation from Group A (upload by 26 February)

Assessment 2 : Discussion Forum Participation
Week 4 Complete Unit 3Regulating for consumer protection

Assessment 1 Video Presentation from Group B (upload by 5 March)

Assessment 2 : Discussion Forum Participation
Week 5 Complete Unit 4Ethics

Assessment 1 Video Presentation from Group C (upload by 12 March)

Assessment 2 : Discussion Forum Participation
Week 6 Complete Unit 5Accountability

Assessment 1 Video Presentation from Group D (upload by 19 March)

Assessment 2 : Discussion Forum Participation
Week 7 Complete Unit 6Self-regulation

Assessment 1 Video Presentation from Group E (upload by 26 March)

Assessment 2 : Discussion Forum Participation
Week 8 Complete Unit 7Corrupt practices

Assessment 1 Video Presentation from Group F (upload by 2 April)

Assessment 2 : Discussion Forum Participation
Week 9 Complete Unit 8Governance of non-financial risks

Assessment 1 Video Presentation from Group G (upload by 9 April)

Assessment 2 : Discussion Forum Participation
Week 10 -Review
Week 11 Complete Assessment 3 Case Analysis Report-
Assessment 3 : Case Analysis Report

9. Policies and Support

Information about UNSW Business School protocols, University policies, student responsibilities and education quality and support.

Program Learning Outcomes

The Business School places knowledge and capabilities at the core of its curriculum via seven Program Learning Outcomes (PLOs). These PLOs are systematically embedded and developed across the duration of all coursework programs in the Business School.

PLOs embody the knowledge, skills and capabilities that are taught, practised and assessed within each Business School program. They articulate what you should know and be able to do upon successful completion of your degree.

Upon graduation, you should have a high level of specialised business knowledge and capacity for responsible business thinking, underpinned by ethical professional practice. You should be able to harness, manage and communicate business information effectively and work collaboratively with others. You should be an experienced problem-solver and critical thinker, with a global perspective, cultural competence and the potential for innovative leadership.

All UNSW programs and courses are designed to assess the attainment of program and/or course level learning outcomes, as required by the UNSW Assessment Design Procedure. It is important that you become familiar with the Business School PLOs, as they constitute the framework which informs and shapes the components and assessments of the courses within your program of study.

PLO 1: Business knowledge

Students will make informed and effective selection and application of knowledge in a discipline or profession, in the contexts of local and global business.

PLO 2: Problem solving

Students will define and address business problems, and propose effective evidence-based solutions, through the application of rigorous analysis and critical thinking.

PLO 3: Business communication

Students will harness, manage and communicate business information effectively using multiple forms of communication across different channels.

PLO 4: Teamwork

Students will interact and collaborate effectively with others to achieve a common business purpose or fulfil a common business project, and reflect critically on the process and the outcomes.

PLO 5: Responsible business practice

Students will develop and be committed to responsible business thinking and approaches, which are underpinned by ethical professional practice and sustainability considerations.

PLO 6: Global and cultural competence

Students will be aware of business systems in the wider world and actively committed to recognise and respect the cultural norms, beliefs and values of others, and will apply this knowledge to interact, communicate and work effectively in diverse environments.

PLO 7: Leadership development

Students will develop the capacity to take initiative, encourage forward thinking and bring about innovation, while effectively influencing others to achieve desired results.

These PLOs relate to undergraduate and postgraduate coursework programs.  Separate PLOs for honours and postgraduate research programs are included under 'Related Documents'.

Business School course outlines provide detailed information for students on how the course learning outcomes, learning activities, and assessment/s contribute to the development of Program Learning Outcomes.



UNSW Graduate Capabilities

The Business School PLOs also incorporate UNSW graduate capabilities, a set of generic abilities and skills that all students are expected to achieve by graduation. These capabilities articulate the University’s institutional values, as well as future employer expectations.

UNSW Graduate CapabilitiesBusiness School PLOs
Scholars capable of independent and collaborative enquiry, rigorous in their analysis, critique and reflection, and able to innovate by applying their knowledge and skills to the solution of novel as well as routine problems.
  • PLO 1: Business knowledge
  • PLO 2: Problem solving
  • PLO 3: Business communication
  • PLO 4: Teamwork
  • PLO 7: Leadership development

Entrepreneurial leaders capable of initiating and embracing innovation and change, as well as engaging and enabling others to contribute to change
  • PLO 1: Business knowledge
  • PLO 2: Problem solving
  • PLO 3: Business communication
  • PLO 4: Teamwork
  • PLO 6: Global and cultural competence
  • PLO 7: Leadership development

Professionals capable of ethical, self-directed practice and independent lifelong learning
  • PLO 1: Business knowledge
  • PLO 2: Problem solving
  • PLO 3: Business communication
  • PLO 5: Responsible business practice

Global citizens who are culturally adept and capable of respecting diversity and acting in a socially just and responsible way.
  • PLO 1: Business knowledge
  • PLO 2: Problem solving
  • PLO 3: Business communication
  • PLO 4: Teamwork
  • PLO 5: Responsible business practice
  • PLO 6: Global and cultural competence

While our programs are designed to provide coverage of all PLOs and graduate capabilities, they also provide you with a great deal of choice and flexibility.  The Business School strongly advises you to choose a range of courses that assist your development against the seven PLOs and four graduate capabilities, and to keep a record of your achievements as part of your portfolio. You can use a portfolio as evidence in employment applications as well as a reference for work or further study. For support with selecting your courses contact the UNSW Business School Student Centre.

Academic Integrity and Plagiarism

Academic Integrity is honest and responsible scholarship. This form of ethical scholarship is highly valued at UNSW. Terms like Academic Integrity, misconduct, referencing, conventions, plagiarism, academic practices, citations and evidence based learning are all considered basic concepts that successful university students understand. Learning how to communicate original ideas, refer sources, work independently, and report results accurately and honestly are skills that you will be able to carry beyond your studies.

The definition of academic misconduct is broad. It covers practices such as cheating, copying and using another person’s work without appropriate acknowledgement. Incidents of academic misconduct may have serious consequences for students.


UNSW regards plagiarism as a form of academic misconduct. UNSW has very strict rules regarding plagiarism. Plagiarism at UNSW is using the words or ideas of others and passing them off as your own. All Schools in the Business School have a Student Ethics Officer who will investigate incidents of plagiarism and may result in a student’s name being placed on the Plagiarism and Student Misconduct Registers.

Below are examples of plagiarism including self-plagiarism:

Copying: Using the same or very similar words to the original text or idea without acknowledging the source or using quotation marks. This includes copying materials, ideas or concepts from a book, article, report or other written document, presentation, composition, artwork, design, drawing, circuitry, computer program or software, website, internet, other electronic resource, or another person's assignment, without appropriate acknowledgement of authorship.

Inappropriate Paraphrasing: Changing a few words and phrases while mostly retaining the original structure and/or progression of ideas of the original, and information without acknowledgement. This also applies in presentations where someone paraphrases another’s ideas or words without credit and to piecing together quotes and paraphrases into a new whole, without appropriate referencing.

Collusion: Presenting work as independent work when it has been produced in whole or part in collusion with other people. Collusion includes:

  • Students providing their work to another student before the due date, or for the purpose of them plagiarising at any time
  • Paying another person to perform an academic task and passing it off as your own
  • Stealing or acquiring another person’s academic work and copying it
  • Offering to complete another person’s work or seeking payment for completing academic work

Collusion should not be confused with academic collaboration (i.e., shared contribution towards a group task).

Inappropriate Citation: Citing sources which have not been read, without acknowledging the 'secondary' source from which knowledge of them has been obtained.

Self-Plagiarism: ‘Self-plagiarism’ occurs where an author republishes their own previously written work and presents it as new findings without referencing the earlier work, either in its entirety or partially. Self-plagiarism is also referred to as 'recycling', 'duplication', or 'multiple submissions of research findings' without disclosure. In the student context, self-plagiarism includes re-using parts of, or all of, a body of work that has already been submitted for assessment without proper citation.

To see if you understand plagiarism, do this short quiz:


The University also regards cheating as a form of academic misconduct. Cheating is knowingly submitting the work of others as their own and includes contract cheating (work produced by an external agent or third party that is submitted under the pretences of being a student’s original piece of work). Cheating is not acceptable at UNSW.

If you need to revise or clarify any terms associated with academic integrity you should explore the 'Working with Academic Integrity' self-paced lessons available at:

For UNSW policies, penalties, and information to help you avoid plagiarism see: as well as the guidelines in the online ELISE tutorials for all new UNSW students: For information on student conduct see:

For information on how to acknowledge your sources and reference correctly, see: If you are unsure what referencing style to use in this course, you should ask the lecturer in charge.

Student Responsibilities and Conduct

​Students are expected to be familiar with and adhere to university policies in relation to class attendance and general conduct and behaviour, including maintaining a safe, respectful environment; and to understand their obligations in relation to workload, assessment and keeping informed.

Information and policies on these topics can be found on the 'Managing your Program' website.


It is expected that you will spend at least ten to twelve hours per week studying for a course except for Summer Term courses which have a minimum weekly workload of twenty to twenty four hours. This time should be made up of reading, research, working on exercises and problems, online activities and attending classes. In periods where you need to complete assignments or prepare for examinations, the workload may be greater. Over-commitment has been a cause of failure for many students. You should take the required workload into account when planning how to balance study with employment and other activities.

We strongly encourage you to connect with your Moodle course websites in the first week of semester. Local and international research indicates that students who engage early and often with their course website are more likely to pass their course.

View more information on expected workload


Your regular and punctual attendance at lectures and seminars or in online learning activities is expected in this course. The Business School reserves the right to refuse final assessment to those students who attend less than 80% of scheduled classes where attendance and participation is required as part of the learning process (e.g., tutorials, flipped classroom sessions, seminars, labs, etc.).

View more information on attendance

General Conduct and Behaviour

You are expected to conduct yourself with consideration and respect for the needs of your fellow students and teaching staff. Conduct which unduly disrupts or interferes with a class, such as ringing or talking on mobile phones, is not acceptable and students may be asked to leave the class.

View more information on student conduct

Health and Safety

UNSW Policy requires each person to work safely and responsibly, in order to avoid personal injury and to protect the safety of others.

View more information on Health and Safety

Keeping Informed

You should take note of all announcements made in lectures, tutorials or on the course web site. From time to time, the University will send important announcements to your university e-mail address without providing you with a paper copy. You will be deemed to have received this information. It is also your responsibility to keep the University informed of all changes to your contact details.

Student Support and Resources

​The University and the Business School provide a wide range of support services and resources for students, including:

Business School EQS Consultation Program
The Consultation Program offers academic writing, literacy and numeracy consultations, study skills, exam preparation for Business students. Services include workshops, online resources, individual and group consultations. 
Level 1, Room 1035, Quadrangle Building.
02 9385 4508

Communication Resources
The Business School Communication and Academic Support programs provide online modules, communication workshops and additional online resources to assist you in developing your academic writing.

Business School Student Centre
The Business School Student Centre provides advice and direction on all aspects of admission, enrolment and graduation.
Level 1, Room 1028 in the Quadrangle Building
02 9385 3189

UNSW Learning & Careers Hub
The UNSW Learning & Careers Hub provides academic skills and careers support services—including workshops, individual consultations and a range of online resources—for all UNSW students. See their website for details.
Lower Ground Floor, North Wing Chancellery Building.
02 9385 2060

Student Support Advisors
Student Support Advisors work with all students to promote the development of skills needed to succeed at university, whilst also providing personal support throughout the process.
John Goodsell Building, Ground Floor.
02 9385 4734

International Student Support
The International Student Experience Unit (ISEU) is the first point of contact for international students. ISEU staff are always here to help with personalised advice and information about all aspects of university life and life in Australia.
Advisors can support you with your student visa, health and wellbeing, making friends, accommodation and academic performance.
02 9385 4734

Equitable Learning Services
Equitable Learning Services (formerly Disability Support Services) is a free and confidential service that provides practical support to ensure that your health condition doesn't adversely affect your studies. Register with the service to receive educational adjustments.
Ground Floor, John Goodsell Building.
02 9385 4734

UNSW Counselling and Psychological Services
Provides support and services if you need help with your personal life, getting your academic life back on track or just want to know how to stay safe, including free, confidential counselling.
Level 2, East Wing, Quadrangle Building.
02 9385 5418

Library services and facilities for students
The UNSW Library offers a range of collections, services and facilities both on-campus and online.
Main Library, F21.
02 9385 2650

Moodle eLearning Support
Moodle is the University’s learning management system. You should ensure that you log into Moodle regularly.
02 9385 3331

UNSW IT provides support and services for students such as password access, email services, wireless services and technical support.
UNSW Library Annexe (Ground floor).
02 9385 1333