Corporate governance is a very important topic that started getting more attention in business schools and among legislatures a few years ago, with this trend only increasing. There are different models for corporate governance but all aim at organizing the relation between company and stakeholders. Governance models start with Shareholder Wealth Maximization (SWM) that stresses owners rights, as applied mainly in the US and UK.
Other methods of governance, applied in Germany or Japan for example, bring other stakeholders strongly into play: mainly the workforce and the bankers. In addition to these models, this course also covers the reasons why board membership may be one tier or two tiers, and includes discussions about board structure, committees and their functions and duties, especially the audit committee and the appointment and remuneration committee. Other topics discussed are the role of the chairman and effect of institutional investors.
Board members, chief financial officers, senior management, directors, finance managers, financial controllers, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads.
- BOD Structure
- Board Committees
- Board Power
- Board Committees
- Shareholder Rights and
- Control Environment
- Shareholder Agreement
- Wealth Maximization
- Stakeholders in a Corporation
The training is built on presentations by the instructor and the participants. It also includes exercise and case studies to be discussed in the training.
By the end of the course, participants will be able to:
- List the essential fundamentals and significance of corporate governance
- Analyze corporate governance structures and risk management policies
- Assess the ethical and policy considerations under pinning shareholders, board of directors, auditors, senior management and executives
- Put into operations new strategies to improve their corporate performance
- Apply and utilize corporate governance best practices