Corporate collapses, near-collapses and ‘scandals’ continue to highlight the crucial role of the board in governance and risk management. The focus of governments, regulators and security exchanges has been to improve the regulatory, compliance and risk management processes that underpin how a corporation conducts its business.
Corporations are a major contributor to employment and tax revenue within the economy and generate much of the personal wealth and retirement savings of significant numbers of individuals, via managed funds, pension funds and share portfolios. Whether a corporation is publicly-listed, privately owned, state-owned, a multinational or a local entity—how it conducts its business in the short and long term has a direct impact on its stakeholders—including owners, managers, shareholders, employees, creditors, suppliers, customers, regulators and the community. Therefore, a robust and accountable corporate governance framework must be in place to protect and balance the interests of its many stakeholders.
This practical corporate governance training course examines current best practice in all aspects of corporate governance, from the new role of board committees and directors’ responsibilities and powers, to best implementation of governance in day-to-day activities.
The costs and benefits of best practice governance will be examined and practical guidance will be given on such issues as the relationship with shareholders and other stakeholders, managing and meeting the expectations of the market, international investors and local government and regulatory authorities.
The course will also discuss the challenges of implementing best-practice corporate governance in emerging markets and will include the specific requirements of banks and financial institutions.
The course is designed for:
The aim of this course is to provide an understanding of effective governance, including the function of risk management, and how both contribute to improved corporate performance. The course objectives include:
Theoretical Aspects of Corporate Governance
The Role of the Board
Directors and Board Structure
Directors’ Performance and Remuneration
Shareholders and Stakeholders
The Role of Institutional Investors in Corporate Governance
Socially Responsible Investment (SRI)