Course Detail

COURSE OUTLINE

DAY 1: INTRODCTION TO CORPORATE GOVERNANCE

1. The early days: Merchants & Monopolists.
2. Definition & Scope of Corporate Governance.
3. Corporate VERSUS Management.
4. Performance & Conformance aspects of Governance.
5. Alternative Board S[]’#tructures.

DAY 2: THEORIES & PHILOSOPHIES OF CORPORATE GOVERNANCE

1. Agency Theory.
2. Stewardship Theory.
3. Resource Dependency Theory.
4. Enlightened Shareholder Theory.
5. Differing Boundaries & Levels: Systems Theory.

DAY 3: THE GOVERNANCE PARTNERSHIP: Investors, Companies & Directors

1. Shareholder Rights, Stewardship & Activism.
2. Different types of Directors.
3. Directors’ Legal Duties & Rights.
4. The Board Leadership Role of the Chairman.
5. The Corporate Officers.

DAY 4: THE REGULATORY FRAMEWORK

1. Legislation, Regulation & Corporate Governance Codes.
2. Corporate Regulation in the US.
3. Corporate Regulation in the UK.
4. Corporate Regulation in other countries.
5. Principles of Prescription: The Governance Debate.

DAY 5: MODELS OF CORPORATE GOVERNANCE

1. How Context & Culture affect Corporate Governance.
2. The American Rules-Based Model.
3. The UK/Commonwealth Principles-Based Model.
4. The Continental European Two-Tier Model.
5. The Japanese Business Network Model.
6. The Asian Family-Based Model.

DAY 6: FUNCTIONS OF THE BOARD

1. What the board does?
2. Balancing the Board’s Performance & Conformance Rules.
3. Board Committees’ Functions & Authority.
4. Delegating Board Functions to Management.
5. Corporate Transparency.

DAY 7: THE GOVERNANCE OF CORPORATE RISK

1. The Global Financial Risks: A new emphasise on Corporate Risk.
2. Levels of Risk: the concept of Enterprise Risk Management.
3. Responsibility for Risk Profiling, Risk  Strategy, Risk Policy & Risk Supervision.
4. Identifying types of risks.
5. Risk Management Information Systems.

DAY 8: CORPORATE SOCIAL RESPONSIBILITY (CSR) & SUSTAINABILITY

1. The concept of CSR.
2. Changing expectations in the governance of organisations.
3. Sustainability & the Triple-Bottom Line.
4. Communication with Stakeholders: Integrated Reporting.
5. The United Nations Global Reporting Initiative.

DAY 9: COMPLIANCE OF LISTED COMPANIES

1. Ownership of Listed Companies.
2. Shareholders Rights & Relations.
3. The Governance of Complex Corporate Structures.
4. Block-Holders & Universal Ownership.
5. CASE-STUDY 1.

DAY 10: THE FUTURE OF CORPORATE GOVERNANCE

1. The frontiers of Corporate Governance.
2. Beyond the frontiers of Corporate Governance.
3. New Corporate Governance Policies & Practices.
4. Society’s changing expectations.
5. CASE-STUDY 2.