Corporate Governance

Course Objectives

At the end of the course the student will have the ability to:

Undertake a comprehensive review of the organisation's corporate governance practices and policies
Set down for the organisation policies on effective corporate governance
Develop policies of audit and financial standards
Train members of the organisation in terms of good corporate governance
Develop systems to monitor effective Corporate Governance for their organisation.

Course Content

The Structure of Corporations
Forms of Business Ownership
People in Business
Separation of Ownership and Control
Can Investors Influence Managers
Are Investors Helpless?
An Integrated System of Governance
International Monitoring

Executive Incentives
Types of Executive Compensation
Other Compensation
CEO Compensation Around The World

Accounting and Audits
Accounting Functions
Auditing
The Changing Role of Accounting
Consultants
An International Perspective

The Board of Directors
Historical Perspective
More Attention on Directors
Board Regulations
Who Are Directors?
Problems with Boards

Investment Banks
Some Historical Perspective
Investment Banking Activities
Investment Bank Criticism

Financial Analysts
The Traditional Role of the Analyst
Quality of Recommendations
Analyst Compensation
Potential Conflict of Interest

Credit Rating Agencies
A Brief Historical Perspective
The Ratings
Criticisms

The Securities and Exchange Commission
The Securities Acts
Organizational Structure of the SEC
Need for the Acts and the SEC
SEC Problem Areas

Shareholder Activism
What is Shareholder Activism?
Does Institutional Shareholder Activism Work?
Potential Roadblocks to Effective Shareholder Activism

Recommended Text:
Corporate Governance International Edition
Kenneth A. Kim. John R. Nofsinger Pearson ISBN No:- 0-13-128732-X