Corporate Governance Essentials: Principles, Practices and Challenges

Introduction:

Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. It involves balancing the interests of shareholders, management, and other stakeholders, such as customers, employees, suppliers, regulators and the community. Corporate governance ensures that businesses have appropriate decision-making processes and controls in place, so that they can achieve their objectives, comply with laws and regulations, and create value for their stakeholders in a sustainable and ethical way.

This course will provide you with a comprehensive overview of the principles, frameworks and best practices of corporate governance across different sectors and jurisdictions. You will learn about the roles and responsibilities of the board of directors, the company secretary, the shareholders and the regulators, and how they interact and collaborate to ensure good governance. You will also explore the current and emerging challenges and trends in corporate governance, such as diversity, sustainability, digitalisation, stakeholder engagement and corporate culture.

  • Explain the concept, purpose and benefits of corporate governance
  • Identify and apply the relevant codes, standards and guidelines of corporate governance in different contexts
  • Analyse the governance structure, processes and performance of various organisations
  • Evaluate the effectiveness and accountability of the board of directors and its committees
  • Advise on the best practices and strategies for managing risk, compliance and ethics in corporate governance
  • Recognise and address the key issues and challenges facing corporate governance in the 21st century
  • Enhance your knowledge and skills in corporate governance and related disciplines
  • Develop your critical thinking and problem-solving abilities in governance-related matters
  • Boost your confidence and credibility as a governance professional or aspiring leader
  • Expand your network and opportunities with other participants and experts in the field
  • Earn a certificate of completion from a reputable institution

Five days course outline:

Day 1: Introduction to Corporate Governance

  • What is corporate governance and why is it important?
  • The history and evolution of corporate governance
  • The main theories and models of corporate governance
  • The key principles and components of corporate governance
  • The sources and types of corporate governance regulation
  • The role and impact of corporate governance on business performance and society

Day 2: The Board of Directors and the Company Secretary

  • The role, composition and structure of the board of directors
  • The duties, responsibilities and liabilities of directors
  • The role, functions and skills of the company secretary
  • The board’s relationship with management, shareholders and other stakeholders
  • The board’s role in strategy, oversight and decision-making
  • The board’s evaluation, development and succession planning

Day 3: Board Committees and Shareholders

  • The role, composition and functions of the audit, remuneration and nomination committees
  • The best practices and challenges of board committees
  • The role, rights and responsibilities of shareholders
  • The types and methods of shareholder engagement and activism
  • The role and influence of proxy advisors and institutional investors
  • The best practices and challenges of shareholder communication and voting

Day 4: Risk, Compliance and Ethics in Corporate Governance

  • The role and importance of risk management and internal control in corporate governance
  • The types and sources of risk and how to identify, assess and mitigate them
  • The role and importance of compliance and internal audit in corporate governance
  • The types and sources of compliance and how to monitor, report and enforce them
  • The role and importance of ethics and corporate culture in corporate governance
  • The types and sources of ethical dilemmas and how to prevent, detect and resolve them

Day 5: Current and Emerging Issues in Corporate Governance

  • The role and importance of diversity and inclusion in corporate governance
  • The types and benefits of diversity and how to promote and measure it
  • The role and importance of sustainability and corporate social responsibility in corporate governance
  • The types and impacts of sustainability and how to integrate and report it
  • The role and importance of digitalisation and innovation in corporate governance
  • The types and opportunities of digitalisation and how to leverage and govern it

To enhance learning and practical application of concepts, the training course will use a combination of interactive lectures, case studies, group discussions, practical exercises, and real-world examples. Participants will also get the chance to collaborate on group projects and create action plans adapted to the needs of their respective organizations.

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