Corporate Governance for Board

About the Course

Over the last several years, corporate governance has become one of the cornerstones of any successful business. Corporate governance is the system by which companies are directed and controlled. So, it forms the basis for corporations to make decisions considering many environments, including economic, social, and regulatory & market environments. Boards of directors are responsible for the governance of their companies. Good corporate governance ensures that directors meet regularly, retain control over the business and have clearly defined responsibilities, and it also ensures a robust risk management system. Corporate board directors face the continual challenge of aligning the interests of the board, management, investors, shareholders, and stakeholders. They respond to their duties and responsibilities with full regard to transparency and accountability.

This 5-day unique Corporate Governance for Board training course will provide the delegates with knowledge and skills around corporate governance, regulators, business conduct, principles, models, policies, and best practices to create a solid governance structure that they will deal professionally with all corporate challenges and risks until successful implementation and elaborates on the role of the Leadership on realising this success. Furthermore, it provides a clear understanding of the benefits governance brings to the company and its major stakeholders.

Core Objectives

This training course will cover essential knowledge and skills for the delegates, such as general principles of corporate governance, legal and regulatory aspects of corporate governance, the board of directors/board of governors, application of governance rules and principles, relations with shareholders, reporting to shareholders and external audit, risk management and internal control and corporate social responsibility and sustainability.

The delegates will achieve the following objectives:

• Understand the importance of a compelling corporate governance practice for your organisation
• Recognise the roles of the Board of Directors (BOD), Board Committees, Auditors, Senior Management, and Executives Boards
• Evaluate financial performance using the best tools and techniques
• Develop a strong knowledge of the corporate governance framework
• Assess the policies and procedures for creating good governance
• Deal professionally with shareholders, regulators, and other authorities
• Apply internal control mechanisms in the organisation

Training Approach

This training course will combine presentations with interactive practical exercises, supported by video materials, activities, and case studies to ensure maximum understanding, comprehension and retention of the information presented. The delegates will be encouraged to actively relate the principles of best practices in good corporate governance to the needs of their workplace and explore the opportunities to support their organisation and make the right decisions for all the shareholders.

Pre-& Post course assessments will be used to measure the effectiveness of this training and measure the skill and ability of participants.

The Attendees

This training course is designed specifically for professionals at the board & senior management level of an organisation.

Likewise, it will be valuable to the professionals but not limited to the following:

• Board Members and Senior Executives
• Managers and Leaders
• Governance Managers
• Compliance Managers
• Audit Managers
• Legal Advisors
• Shareholders and other Top Management
• Supervisors who wish to increase their effectiveness
• Managers who want to evaluate and improve their performance

Daily Discussion

DAY ONE: INTRODUCTION TO CORPORATE GOVERNANCE

• Overview of Regulatory Environment
• Definition of Corporate Governance
• Objectives of Corporate Governance
• Different Models of Corporate Governance
• Theories of Corporate Governance
• Pillars of Good Governance
• Code of Ethics and Governance

DAY TWO: STRUCTURE OF CORPORATE GOVERNANCE

• Principles of Corporate Governance
• Creating Governance Compliance Culture
• Roles & Responsibilities of Board and Executive Managers
• Establish Governance Committee Structures
• Board Committees
• Corporate Social Responsibility
• Internal Control System

DAY THREE: PRINCIPLES OF GOOD CORPORATE GOVERNANCE

• Responsibility and Accountability
• Disclosure and Transparency
• Leadership and Stakeholder Management
• Investor Protection
• Shareholder Relationships
• Fairness and Assurance

DAY FOUR: RISK MANAGEMENT AND MEASURING PERFORMANCE

• Risk and Uncertainty in Business
• Risk Management Process
• Risk Assessment Policy
• Fraud Prevention, Detection, and Investigation
• Compliance with the Regulatory Environment
• Strategic Control and Review Mechanisms
• Monitoring and Measuring Progress and Performance

DAY FIVE: BEST PRACTICES FOR CORPORATE GOVERNANCE

• Exiting of Certified Board of Directors
• Committee Structure: Board Committees
• Robust and Clear Roles and Responsibilities
• Principles and Benefits Associated with Governance, Risk and Compliance
• Aligning Strategies with Your Organisation’s Objectives
• Being Accountable, Responsible, and Transparent
• Building an Effective, Holistic GRC Model Across an Organisation