Corporate Governance Best Practices Dubai

Course details

Day 1
Overview of Corporate Governance (CG)
· Definition of corporate governance
· The scope of corporate governance
· Essential corporate governance principles
· The macro governance picture
· Philosophies affecting corporate governance
· CG code of conduct and global principles
 
Day 2
Models and mechanism of CG
· Shareholder Wealth Maximization model (SWM)
· Corporate Wealth Maximization model (CWM)
· International models of corporate governance
· The board of directors
· Audit committee
· Environment for corporate control
 
Day 3
Stakeholders in corporate governance
· Stakeholders
· Shareholders rights
· Different types of directors
· Directors' duties and rights
· Role of chairman and corporate officers
· Internal auditors and external auditors
· Institutional investors and minority stakeholders
· Organization for Economic Cooperation and Development (OECD) view on stakeholders
· Deloitte governance framework
· KPMG professional judgment process
· Risk based decision making
· CG failure effects
· The efficient board
 
Day 4
Functions and structures of corporate governance
· Starting from board of directors
· Alternative board structures
· Unitary and two tier board models
· Independence of the board
· Selection, remuneration and evaluation of the board
· Analyzing current company's CG system
· Planning and organizing CG objectives and resources
· Communicating and implementing CG principles
 
Day 5
Practical corporate governance best practices
· International Corporate Governance Network (ICGN)
· OECD corporate governance principles
Disclosure and transparency
· Financial and operating results versus company objectives
· Remuneration policy for board members and key executives
· Related party transactions
· Timely, accurate and cost efficient access to information by users Updated on 16 May, 2024