ECONOMICS LAW FOR TOURISM

Degree course: 
Corso di Second cycle degree in Hospitality for sustainable tourism development
Academic year when starting the degree: 
2022/2023
Year: 
2
Academic year in which the course will be held: 
2023/2024
Course type: 
Supplementary compulsory subjects
Credits: 
8
Period: 
Second semester
Standard lectures hours: 
80
Detail of lecture’s hours: 
Lesson (80 hours)
Requirements: 

The course does not require previous knowledge on the topics covered

Exam for attending students:
The exam is written and comprises 15 multiple choice questions and 2 open questions.
The exam grade is composed as follow:
1. Assignment: 15%
2. Assignment: 15%
3. Assignment: 15%
Multiple choice: 35%
Open questions: 20%
Exam for not-attending students:
The exam is written and comprises 30 multiple choice questions and 2 open questions.
The exam grade is composed as follow:
Multiple choice: 80%
Open questions: 20%

Assessment: 
Voto Finale

The EU’s tourism industry is made up of 2.3 million businesses, primarily small and medium-sized enterprises. Knowledge of basic business and company law is a precondition for understanding how a sustainable tourism enterprise, organized in different forms (sole ownership, partnership, company) functions.
At the end of the course:
1) Students will be able to demonstrate to have acquired a basic knowledge of the fundamental principles of business law and the main institutions of company law.
2) Students will be able to analyze, interpret and apply argumentatively the relevant regulation.
3) Students will be able to think critically, express his / her opinion fluently, argumentatively and logically.
4) Students must demonstrate to have acquired the appropriate terminology to express their knowledge.

The course aims at providing students with a practical understanding of fundamental legal aspects of the life of enterprises. In addition, the course offers an understanding of the legal structure and characteristics of business corporation describing what is a corporation, how it is formed and how it works. The aim of the course is to enable students to understand the legal concept of entrepreneurial activity, it’s connection with company law, the main characteristics of the various types of companies and the governance structure of the corporation. Subsequently, the legal concept of tourism enterprises will be analyzed. The course also aims at examining the legal impact that enterprises have on the environment, community, or society as a whole.

The enterprise
The legal framework governing commercial enterprises
Tourism enterprises
Partnerships
Joint stock companies
Legal Capital: formation and maintenance
Shares and bonds
Shareholders’ meeting
Management of the company and controls: duties and liabilities of directors and supervisors
Financial statements
Dissolution and liquidation
European Union Company Law: TFUE Provisions on Company Law; The Company Law Directives; The Right of Establishment; Formation; Finance and Accounts; Corporate Governance.
Sustainability and Company Law.

Convenzionale

The course is taught through a combination of academic frontal lectures, class readings and discussions, teamwork assignments on specific topics that invite the class to actively participate and debate. In this respect, students should consider reading the assigned materials before class to maximize the level of their participation. In order to allow students to develop critical, analytical and practical skills, actual cases also are analyzed in class. The materials will be indicated in class at the beginning and during the course then they will be uploaded on the e-learning platform. During the course students will be divided into groups and each group will be engaged into three teamwork assignments that will contribute to the final grade (each assignment makes up 15% of the final mark).

Teaching materials for attending students:
Students are responsible only for the topics discussed in the class. In addition to student class notes, students are responsible for all teaching materials delivered through e-learning platform, which include lecture slides, as well as notes and texts on relevant topics.
Taching materials for not attenfing students:
The textbook for this course is:
-N. De Nicola, European Company Law, Cambridge, 2021.

Professors