The term governance has recently emerged in management science, and has become one of the most important terms in all companies and organizations, after many crises occurred in previous decades. With the increasing global interest in corruption and its problems, governance was established to raise the efficiency of companies, and set rules that limit fraud and conflicting interests, in addition to the importance of governance in creating a framework that defines the distribution of rights and responsibilities. This course offers a training course on "Corporate Governance" to identify a clear set of skills for company managers that enable them to reconcile external and internal controls, risk management, competitive behavior, and compliance with corporate law.
Course Objectives
By the end of the course, participants will be able to:
Who Should Attend?
Workers in control and inspection departments.
Internal and external control employees of financial systems and operations in public and private institutions.
University students and graduates in the fields of business and governance.
Those wishing to develop their capabilities in this field.
Knowledge and Benefits:
After completing the program, participants will be able to master the following:
Develop, build and implement an action plan to address financial issues.
Identify the value of regulatory frameworks.
Apply the best governance principles to their organization.
Improve capabilities and support structures while reducing administrative burdens.
Monitor, evaluate and improve performance.
Provide services that better meet the needs of stakeholders.
Course Outline
The concept of corporate governance
Definition of corporate governance and its importance in the economic environment.
The difference between good and bad governance and its impact on companies.
Legal and regulatory frameworks
Identify the legal frameworks related to corporate governance.
Basic principles of corporate governance (OECD, IFAC)
Governance objectives
Enhance transparency and accountability.
Improve institutional performance and increase confidence from investors.
Governance structure
Boards of directors
The role of the board of directors in decision-making.
Board structure: independent members, committees, and good practices.
Leadership and management
The relationship between executive management and the board of directors.