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. You 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.
Key Features
- Intensive and interactive classroom training
- Learn all aspects of corporate governance and decision making
- Be a better leader by understanding the responsibilities of different positions
- Be more impactful in your decisions
- Learn through case studies, examples and exercises
- Get Knowledge Hut issued participation certificates
Overview
Internal governance refers to how policies are established and operations are monitored to ensure that employees and management act reasonably, ethically, and within the law. With this course, you will learn the three ways internal governance can be established in organizations. You will also learn the important topics that should be covered by codes of conduct, policies, and procedures. You will then look into the corporate culture and the role of management in the governance of an organization.
Stakeholders can be viewed as close or expansive. This course will teach you that close stakeholders include groups or individuals on which the organization is dependent for its continued survival while expansive stakeholders are groups or individuals who can affect the achievement of an organization’s objectives. You will also look into market failure, laws and regulations, consumer protection, the influence of suppliers, employment law, institutional investors, and financial institutions.
This course clearly discusses the two main aspects of internal and external forms of governance. You will learn the relationships between managers, employees, and the owners of a firm as well as the system of laws, regulations, and market forces that ensure a fair and transparent organization. You will also learn about watchdog organizations which are usually driven by non-profit groups or government agencies whose purpose is to alert the public about the misdeeds of organizations. So why wait? Check out your next course, today.
Outline
Modules
Module 1: Internal Governance
- Internal Governance – Learning Outcomes
- About Internal Governance
- Establishing Governance
- Owners and Managers
- Internal Governance – Lesson Summary
Module 2: External Governance
- External Governance – Learning Outcomes
- About External Governance
- Government Regulations
- Close Stakeholders
- External Governance – Lesson Summary
Module 3: Market Forces
- Market Forces – Learning Outcomes
- Organizational Resemblance
- Professional & Trade Organizations
- Watchdog Organizations
- Public Scrutiny
- Market Forces – Lesson Summary
Course assessment
- Corporate Governance: End of Course Assessment
Benefits
Having completed this course you will be able to:
- Define internal governance and describe its purpose and significance
- Show how governance is established in an organization
- Explain the use and role of policies and procedures
- Explain how organizational culture is established and how it influences behavior
- Explain the role of the owners (or its Board representatives) and Management in governance
- Define external governance and be familiar with the roles of stakeholders in governance of the firm
- Describe how and why governments regulate business
- Discuss how stakeholder groups act to shape the behavior of the firm
- Identify the other significant influences on organizational behavior
Who should attend
- Directors & Board Members
- Audit Committee members
- Company secretaries and governance professionals
- Corporate counsel
- Senior company management
- Investors and fund managers
- Analysts
- Regulators
- Securities exchange officials
- Lawyers & legislators
