Course Introduction:
Corporate governance deals with the complex set of relationships between the corporation and its board of directors, management, shareholders, and other stakeholders. In the recent years, the regulators and legislators have intensified their focus on how businesses are being run. They are endeavoring to create a template for new corporate governance and disclosure measures, which is beneficial for both the stakeholders and controllers.
Who Should Attend?
Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from Rotnik.
Supervisory Agencies
Central Banks
Financial Institutions
Commercial Banks
Investment Banks
Housing Societies/Thrifts
Mutual Funds
Brokerage Houses
Stock Exchanges
Derivatives Exchanges
Insurance Companies
Multinational Corporations
Accountancy Firms
Consultancy Firms
Law Firms
Rating Agencies
Multi-lateral Financial Institutions
Others
After completing this course, participants will be able to:
Adopt the appropriate mechanism for effective governance
Value the shareholder and stakeholder rights and responsibilities
Adhere to sound principles of direction and management
Understand the significance of audit committee, its composition and responsibilities
Implement best practices on corporate management
Course Content:
1. Overview
Objectives
Introduction
What is Corporate Governance
Definitions and Importance of Corporate Governance
Reputation, Competition and Corporate Governance
Corporate Ethics
Corporate Governance and Corporate Responsibility
Globalization and Corporate Governance
2. Models and Mechanisms
Objectives
Introduction
Models of Corporate Governance
Mechanisms of Corporate Governance
3. Shareholders and Stakeholders
Objectives
Introduction
Shareholder Rights
Equitable Treatment
Responsibilities of Shareholders
Minority Shareholders’ Protection
Stakeholder Protection
4. Board of Directors
Objectives
Introduction
Structure and Independence of the Board
Responsibilities and Duties of the Board
Selection, Remuneration and Evaluation of the Board
Board Committees
The Board and the Management
5. Audit Committee
Objectives
Introduction
Organization of Audit Committee
Responsibilities of the Audit Committee
Working with Auditors and Management
Blue Ribbon Committee
6. Banking Corporate Governance
Objectives
Introduction
Sound Corporate Governance Practices in Banking
The Role of Public Disclosure
Supervisors and Transparency
Recommendations for Enhancing Bank Transparency
Supportive Environment to Corporate Governance
7. Corporate Scandals
Objectives
Introduction
General Motors
American Express
Enron
WorldCom
Bad Corporate Practices
8. Best Practices
Objectives
Introduction
Infosys Technologies
Sony
9. Corporate Responsibility
Objectives
Introduction
The US Sarbanes-Oxley Act of 2002
The UK Corporate Responsibility Act 2002
JOB AIDS
Corporate Governance Principles and Recommendations
Legislations and Regulations