Overview

This eCourse consists of two modules on corporate governance. Corporate governance – the system by which organisations are directed and controlled – lies at the heart of the successful running of any business. Some of the gravest corporate failures and scandals have their origins in poor corporate governance.

Module 1 describes why sound governance practices are in the interests of all stakeholders and looks at the measures in place to ensure that standards remain high.

Module 2 sets out the practical measures that companies implement in their pursuit of good corporate governance, specifically for key areas such as board responsibilities, risk governance and control, audit, compliance, remuneration, and disclosure.

Objective

On completion of this course, you will be able to:
- Define corporate governance and recognize the benefits of “good” governance
- Distinguish between different theories of corporate governance and how they explain why companies might fail
- Recognize the key principles, guidelines, and regulations that influence corporate governance today
- Identify why the concept of individual accountability has gained greater prominence in a corporate governance context in recent times
- List the key components of an effective corporate governance structure
- Recognise the structure and role of a typical board of directors, as well as its various committees
- Identify the role of risk, audit, and compliance
- List the reasons why an appropriate remuneration structure is necessary for sound corporate governance
- Recognise why a strong disclosure regime can be a powerful tool for influencing corporate behavior and protecting investors
- Identify how shareholders and investors, especially institutional investors, can influence corporate governance
- Recognise the role of industry regulators/supervisors in overseeing and guiding corporate governance

Content

Module 1: Corporate Governance – An Introduction
Topic 1: Overview of CG
Topic 2: CG Failures
Topic 3: Guidelines & Regulation
Topic 4: Individual Accountability

Module 2: Corporate Governance in Practice
Topic 1: Corporate Governance Structures
Topic 2: Board of Directors
Topic 3: Risk Management
Topic 4: Audit
Topic 5: Compliance
Topic 6: Remuneration
Topic 7: Transparency & Disclosure
Topic 8: Shareholder Influence
Topic 9: Role of Regulators