Corporate Governance: Principles, Policies and Best Practices

Corporate governance is a key topic that is attracting more attention in business schools and among legislatures, with this trend only increasing.

Programme Code
TR-1063
Duration
5 Days
Delivery
Classroom - Virtual
Programme Overview

Corporate governance is a key topic that is attracting more attention in business schools and among legislatures, with this trend only increasing. While there are different models for corporate governance, all of them aim at organizing the relation between the company and the stakeholders. Governance starts with regulators and shareholders, but other stakeholders can affect its success. This course covers the reasons why governance fails and how to avoid that and improve it.  It also includes discussions about board structure, committees, their functions and duties, like the audit committee and the nomination and remuneration committees.

Programme Objectives

By the end of the course, participants will be able to:

  • List the principals of corporate governance
  • Analyze corporate governance structure
  • Assess the performance of the board of directors
  • Advise on corporate governance in the organization
  • Apply corporate governance best practices
Target Audience

Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting and finance personnel, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads.

Target Competencies
  • Understanding board of directors’ structure
  • Analyzing board committees
  • Assessing board efficiencies
  • Defending shareholder rights
  • Enhancing the control environment
  • Identifying stakeholders’ rights
Programme Outline

Overview of Corporate Governance (CG)

  • Definition of Corporate Governance 
  • Corporate Governance Principles
  • Corporate governance benefits
  • EthicsCode of Conduct

Stakeholders in corporate governance

  • Stakeholders
  • Shareholders rights
  • Directors’ Duties and Rights
  • Corporate governance failures
  • The efficient board

The board and its committees

  • Independence of the board
  • Selection, Remuneration and Evaluation of the Board
  • Nomination committee
  • Remuneration committee
  • Audit committee
  • Communicating and Implementing Corporate Governance

Corporate governance best practices

  • International Corporate Governance Network (ICGN)
  • OECD corporate governance principles
  • AICPA