Purpose
The course aims to develop an understanding of the underlying concepts of Corporate Governance, business ethics and CSR which are relevant to the contemporary business environment. It is designed to foster participants understanding of the ethical influences on economic, financial, managerial, and environmental aspects of business. The course further aims to develop an ability to critically analyses ethical issues in organization. This course reviews different regulatory processes essential to the understanding of the principles of corporate governance.
Course Objective:
- Explain and evaluate corporate governance plays in maintaining the stability of markets and retaining public confidence in public intuitions
- Describe and analyses the primary parts of corporate governance frameworks
- explain and evaluate the role of audit in corporate governance
- compare and contrast approaches to corporate governance internationally
- implications of the nature and scope of social and environmental accountability for corporate governance practice
- Explain and evaluate the roles and responsibilities of executive directors, non-executive directors, auditors and company secretaries in ensuring effective corporate governance
- Explain the external reporting requirements relating to corporate governance
- Essential role of ethical values in business relations and the importance of the ethical treatment of others for individual and organizational success
- concepts and principles of ethical reasoning which have been developed in ethical theory, and to be able to apply these concepts and principles to specific ethical issues
- legal and regulatory structure of business as it bears on ethical issues in business and the ethical basis of that structure
- Assess the ethical basis of corporate organization and governance, including the ethical arguments for and against the concepts of corporate social responsibility and stakeholder
Duration: 5 days
Target Audience
Professionals in private companies, international organizations, NGOs, and governments who would like to learn and apply the concept of governance will find this program helpful.
Program Outline
Topic 1. Introduction to Corporate Governance:
An overview of the principles and practices of corporate governance and the role of boards of directors, management, and stakeholders in overseeing a company’s performance.
Topic 2. Business Ethics:
The study of ethical principles and values in a business context, including topics such as integrity, fairness, and social responsibility.
Topic 3. Corporate Social Responsibility:
The concept of a company’s responsibility to society, including topics such as sustainability, environmental impact, and stakeholder engagement.
Topic 4. Corporate Governance Models:
An examination of different models of corporate governance, including Anglo-American, Continental European, and Asian models.
Topic 5. Corporate Governance and Ethics in Practice:
Case studies and real-world examples of corporate governance and ethical issues, including topics such as insider trading, accounting fraud, and executive compensation.
Topic 6. Stakeholder Management:
Techniques for identifying and engaging with key stakeholders, including shareholders, employees, customers, and communities.
Topic 7. Corporate Social Performance:
An examination of the relationship between a company’s social performance and its financial performance.
Topic 8. Corporate Governance and the Law:
An overview of the legal and regulatory requirements related to corporate governance and business ethics, including topics such as securities law, anti-corruption, and whistleblower protection.
Topic 9. Corporate Governance and Transparency:
How to evaluate and monitor a company’s corporate governance and ethical performance through transparency and accountability.
Topic 10. Corporate Governance and Sustainability:
An examination of how corporate governance practices can support sustainability and environmental, social, and governance (ESG) objectives