This seminar explores business and legal issues affecting systems by which corporations are directed and controlled both in domestic and foreign settings. Addressing the subject in a comparative manner, students will examine the nature of officer and director liability, the role of regulatory authorities, models of corporate governance, as well as corporate culture, corruption, management and board compensation, conceptions of social responsibility. This course will pay particular attention to multinational enterprises (MNEs) control much of the world's productive assets, but there is no unified body of law that applies to MNEs. This seminar will examine the reasons MNEs exist, whether MNEs have a national identity, and whether MNEs should be regulated separately by each country they do business in, regulated by a single home country, or regulated by harmonized laws of all countries. Each student will select a corporation and examine its regulatory climate in its home country and one of its host countries in Africa, Asia, or Latin America. Students will at least one presentation with a short outline and will write a paper on a selected topic of at least 15 pages. In addition, students may elect to comply with the 3d year writing requirement.