P.M. Vasudev


P.M. Vasudev
Associate Professor

B.Com (Madras)
LL.B. (Bharathiyar, India)
LL.M. (Western Ontario)
Ph.D. (Osgoode Hall Law School)
Professional Company Secretary (India)

Room: 57 Louis Pasteur St. - Room FTX 356

Work E-mail: p.m.vasudev@uottawa.ca


P.M. Vasudev, who joined the University of Ottawa in January 2011, specializes in business law. With his record as a corporate lawyer of longstanding in Bangalore, India, Vasudev brings rich professional experience to teaching. Prior to joining the University of Ottawa, Vasudev was Senior Lecturer in Commercial Law at The University of Auckland Business School, New Zealand.

P.M. Vasudev's research interests include:

  • Corporate governance, and the business corporation as a socioeconomic institution
  • Securities markets
  • Credit derivatives and financial engineering
  • Law-and-Economics
  • Institutional engineering
  • Regulation, deregulation, and reregulation
  • History including legal history
  • Philosophy, including the philosophy of economic pursuits
  • Business, the state, and public regulation

Expressions of interest for graduate research work in these areas are welcome. 

P.M. Vasudev has presented papers at academic conferences in the U.S., Canada, Australia and New Zealand.  His writings have appeared in leading journals including Journal of Business Law, McGill Law Journal, Banking & Finance Law Review, Journal of Corporation Law and American Journal of Legal History.


  • Business Organizations - Fall 2017
  • Business Organizations course will introduce students to three most common forms of organization used for business – namely, sole proprietorships, partnerships and corporations.  In particular, the course will teach students about the nature of the interests at stake in a business enterprise, including those of owners, managers, employees, creditors and the public, and train them in understanding how the law governing each of them mediates among the interests of the various stakeholders. A large part of the course will be devoted to business corporations and the rights and responsibilities of three groups in them – namely, shareholders, directors and officers.
  • Students completing the Business Organizations course can expect to possess a good understanding of setting up a small corporation and the ability to apply the legal principles developed in case-law as well as statutory rules included in the Canada Business Corporations Act, to find solutions to problems relating to corporate enterprises. Students will acquire analytical tools necessary to determine the liability of corporations in contract, tort and under criminal law, and the liability of directors and officers for breach of fiduciary duties to corporations. The course includes the professional aspect of the role of a lawyer in advising corporate clients.
  • Corporate Finance Law and Practice - Fall 2017

    In the Corporate Finance Law and Practice course, students gain insights into the legal and practical aspects of corporate finance.  The course design is sensitive to the needs of students who might not have a substantive background in finance or accounting. Its focus is on principles, concepts and techniques, rather than numbers, financial analysis or valuations. Students taking the course will acquire tools that help them appreciate the nuances of financial transactions and provide advice on them as legal professionals. The course will help students develop a clear understanding of finance transactions, their structure, how the parties sit at the negotiating table, and the “red flag” issues to which lawyers must be sensitive.

    Students completing the Corporate Finance Law and Practice course can expect to develop an understanding of the principles of the law of corporate finance and the ability to analyze and interpret the corporate financial statements and data, which can help them draw appropriate conclusions for decision-making. Some other learning outcomes in the Corporate Finance course are gaining an understanding of financing decisions including sources of finance - namely, debt and equity, and securitization, case-studies on each module and knowledge of mergers and acquisitions, or takeovers,as instruments of corporate finance.

  • Applied Corporate Governance - Winter 2018
  • Applied Corporate Governance is an active learning course, designed to provide students with acquire “hands-on” knowledge of corporate governance practice in listed Canadian corporations. The course is recommended for students interested in business law and planning to specialize in the area, as they can develop significant professional skills and sound footing in corporate governance practice in Canada. The skills include data-gathering, analysis, and interpretation, and generating appropriate reports. The subjects to be covered will include shareholding patterns, board composition, director elections, insider control and trade in shares, and compliance with securities law requirements.
  • Working in teams, students will review the disclosures and reports of listed companies to collect data and information. This will be followed by analysis and interpretation of the materials, under active faculty supervision. Students will then prepare appropriate reports on the status of corporate governance in listed Canadian corporations.
  • Applied Corporate Governance is a complementary course for Corporate Governance Theory and Principles and the two course are offered in alternate years. Students are encouraged to take both courses to attain more complete knowledge of the subject, preferably Corporate Governance theory before the Applied course.


Innovations in Corporate Governance - Global Perspectives, Susan Watson & P M Vasudev, eds, Edward Elgar 2017 Forthcoming

Global Capital Markets - A Survey of Legal and Regulatory Trends, P M Vasudev & Susan Watson, eds, Edward Elgar 2017 Forthcoming

Corporate Governance After the Financial Crisis, P M Vasudev & Susan Watson, eds, Edward Elgar 2012




Current Research Project

  • The Investor Rights and Corporate Misreporting Project examines the adequacy and effectiveness of the current statutory remedies for investors harmed by misrepresentations. Specifically, the Project explores avenues to strengthen investor rights and enhance access to justice. Drawing on the experience gained over the last 10-plus years, the objective of the Project is to develop appropriate, evidence-based policy recommendations to improve the statutory secondary market civil liability regime.
  • The Investor Rights and Corporate Misreporting Project, supported by The Law Foundation of Ontario, is led by Prof P.M. Vasudev and the team includes Mr. Eric Khan, National Director, Class Action Services, Deloitte LLP, and Mr. Doug Worndl, Partner, Siskinds Securities Class Actions Group.




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