Corporate Governance

The basic objective of this module is for you to understand the theory and practice of corporate governance and its role in the strategic management of the modern corporation. You will focus on developing an understanding of what is good corporate governance, and what the impact is of regulations and codes of practice.

You will gain a strong and robust skill set for understanding what is needed in today's business environment, and what can be done to ensure better corporate reporting and better behaviour for the benefit of shareholders and other stakeholders.

Topics usually covered include:

Governance and strategy
Stakeholders
UK corporate governance
The role of the board
Risk, risk management and corporate governance
The role of independent non-executive directors
The role of institutional investors
International corporate governance
Corporate social responsibilities.

By the end of the module you will be able to:

Apply theories and frameworks relating to corporate governance to various corporate governance structures
Understand the role of the Board of Directors in shaping the strategy of a company and protecting the interests of stakeholders
Understand the relationship between the management of a company and the objectives of the relevant stakeholders
Identify the key factors in the development of corporate governance regulations and codes
Appreciate the difficulties facing companies required to apply their national corporate governance regulations in foreign subsidiaries and joint ventures
Appreciate the growing importance of corporate responsibility and how it relates to corporate strategy.

There are other elective modules available in this field.