Corporate Governance Code, Principles and Best Practices

Course Overview

Corporate governance is the system by which companies are governed by the Board of Directors. The boards of directors are therefore responsible for the governance of their companies. Corporate governance therefore essentially involves safeguarding the interests of a various stakeholders of the company, such as majority shareholders, minority shareholders,  company management , customers, suppliers, financiers, the government, and the community. The shareholders appoint the directors and the auditors and to ensure that a proper organisational structure is in place. The board, in turn, appoints a Chief Executive and set the company’s strategic vision and mission plan, and provide leadership to put them into effect.

After Enron scandal in the U.S. and introduction of Sarbanes Oxley law, most of the governments have come up with their own Code of Corporate Governance as part of its legal system. Although applicable to only listed companies, non-listed companies are also encouraged to follow to protect the interest of all stakeholders. The code also requires Directors to be more conscious of the company’s affairs and, unlike the past, cannot plead ignorance. In most countries, it is now a mandatory requirement for to attend a training course on corporate governance to be a member of the board of directors.

Course Objectives

This course in Corporate Governance offers an excellent learning experience with a view to set up a high performing board to meet the global business challenges. In this course, you will learn some of the best Board practices, composition of the Board and the roles of various Board Committees.

The programme addresses key governance issues such as transparency, accountability, independence and covers understanding financial reports, particularly for professionals with non-finance background.

After the training course, you will be able to:

• Ensure a sound basis for an effective corporate governance framework.
• Equip the Board with skills required to perform their duties as Directors.
• Apply best practices of the Board for an effective and efficient management.
• Promote transparency, accountability, fair disclosure and equitable treatment for all stakeholders across the organisation.
• Ensure full compliance with the regulatory and reporting requirements

Target Audience

This course is suitable to a wide range of working professionals but will greatly benefit:

• Chairmen and members of the board of directors.
• C-suite executives including CEOs, CFOs and COOs.
• Independent directors.
• External and internal auditors.
• Senior executives and members of management committees.
• Shareholders and business owners eager to learn the fundamentals of financial planning.

Training Methodology

The course is customized to suit the requirements and professional background of the participants. The programme is conducted by highly experienced trainer with the help of power point slides, and  video presentations. Some practical exercises are also included for better understanding of the subject. The course will be highly interactive sharing experiences and the trainees are encouraged to participate in practical exercises and group discussions.