Corporate governance is the system of rules, practices, and processes by which a firm is directed and controlled and it involves balancing the interests of a company’s many stakeholders, such as shareholders, senior management executives, customers, suppliers, financiers, the government, and the community. It provides the framework for attaining a company’s objectives, it encompasses practically every sphere of management, from action plans and internal controls to performance measurement and corporate disclosure.
This course will provide an overview of the regulation, frameworks, and principles behind good corporate governance policy and practice. The aim is to give an understanding of core governance debates and issues, practical advice on compliance and familiarity with accepted best practice.
By the end of the seminar participants would have gained an understanding of:
- The key concepts and principles of corporate governance
- Who is responsible for governance within a company
- The relationship between governance, corporate values, and ethics
- The role of shareholders and other stakeholders
- Key themes in regulation affecting corporate governance
- The evolving role of the board and the role of directors in setting good corporate behavior
- Current challenges for companies around corporate reporting
- Why boards must engage with issues around diversity, transparency and succession planning