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Euromoney Learning Solutions

African Corporate Governance

Next dates

Sep 16—20
5 days
Nairobi, Kenya
GBP 3695 ≈USD 4703
GBP 739 per day

Description

Understand current best practice in all aspects of corporate governance

Agenda

The Significance of Corporate Governance

  • Why is Corporate Governance So Important?
    • The definition of corporate governance
    • Why should we be concerned? A brief look at the business case
    • Corporate governance scandals
    • What are the principle issues of corporate governance?
    • Putting corporate governance into its CSR/Sustainable Development context

Case Study: The Enron Scandal

  • The Business Case for Corporate Governance
    • Assessing the evidence
    • Opinion-based research
    • Focus list research
    • Governance-ranking research
    • The Deutsche Bank studies
  • The World Bank Group

  • The Development of a Corporate Governance Consciousness: Codes of Conduct

    • The growth of corporate governance consciousness
    • Corporate governance thinking in Britain: A leader
    • The OECD Principles
    • A worldwide convergence of corporate governance principles?
    • What is so Special about Corporate Governance in Banking?
    • The role of banks in resource allocation
    • The claimed special circumstances
    • Opaqueness: information asymmetries
    • The regulatory environment

Influencing Executive Management Thinking

  • The Role of the Board of Directors
    • The Board as watchdog: monitoring risk
    • The Board as strategist
    • The Board as advisor

Case Study: The Collapse of WorldCom

  • Board Dynamics and the Composition of the Board

    • The role of the Chairman
    • Executive vs independent non-executive directors
    • Qualities to look for in independent directors
    • The problem of ‘groupthink’
    • Board diversity
    • The role of the Company Secretary
  • Shareholders

    • Introduction: shareholders ‘own’ the company
    • Ownership vs control: the agency problem
    • The growth of institutional share ownership
    • Shareholder tools of corporate governance
    • Shareholder activism in the future
  • Stakeholders

    • Background
    • Identifying the company’s stakeholders: the contextual problem

Case Studies: Toyota: the recall; Nestle: the problem with Greenpeace over palm oil; BP: the oil spill in the Gulf of Mexico; Proctor & Gamble: a new product launch and the problem with Bboggers; Financial services and the ‘Occupy’ movement

  • Partnerships with stakeholders

    • The New Emphasis on Directors’ Remuneration
    • The debate over directors’ remuneration
    • Key elements of directors’ remuneration
    • Performance measures
    • The influence of compensation consultants
  • Family Firms and Corporate Governance

    • Family firms as the dominant form of business
    • The claimed advantages of the family firm
    • Governance challenges of the family firm
    • Developing appropriate governance structures

International Perspectives on Corporate Governance

An Overview of Corporate Governance Systems in the Industrialised

  • World

    • Independence
    • Diversity of experience
    • Availability
    • Remuneration
    • Transparency and disclosure
    • Director evaluation
  • Corporate Governance in Emerging Markets

    • Introductory remarks
    • What have been some of the themes?
    • Russia
    • India, China and Asian countries
    • South Africa and African countries
    • Saudi Arabia and the Gulf countries
  • How are Banks Regulated and Supervised around the World?

    • The rationale for regulation
    • The types of regulation
    • The limitations of regulation

Learning from the Financial Crisis

  • Corporate Governance Lessons from the Financial Crisis
    • Lessons concerning poor risk management
    • Lessons concerning misaligned remuneration systems
    • Lessons concerning regulatory inadequacy

Case Studies: Lehman Brothers; Bear Stearns; Royal Bank of Scotland

  • Assessing Corporate Governance in your Company
    • The World Bank’s template for assessment
    • The responsibilities of the Board
    • The rights of shareholders
    • The equitable treatment of shareholders
    • Disclosure and transparency
    • The role of stakeholders
  • Strategies for change

  • Corporate Social Responsibility (CSR)/Sustainable Development as a Business Driver

    • The broad meaning of CSR/Sustainable Development
    • Labour issues
    • Human rights issues
    • Environmental concerns
    • Corporate philanthropy
    • Ethical business practices such as avoiding corrupt business payments
    • The business benefits of CSR/Sustainable Development
    • Investor relations and access to capital
    • Competitiveness and market positioning
    • Employee relations
    • The minimisation of litigation risk
    • The enhanced ‘license to operate'
    • The relevance of corporate governance to CSR/Sustainable Development
  • Socially Responsible Investment (SRI)

    • Background
    • SRI as a multi-trillion dollar business
    • SRI strategies
    • UN Principles for Responsible Investment
    • International guidelines

Description

This practical corporate governance training course examines current best practice in all aspects of corporate governance, from the new role of board committees and directors' responsibilities and powers, to best implementation of governance in day-to-day activities. The costs and benefits of best practice governance will be examined and practical guidance will be given on such issues as the relationship with shareholders and other stakeholders, managing and meeting the expectations of the market, international investors and local government and regulatory authorities. The course will also discuss the challenges of implementing best-practice corporate governance in emerging markets and will include the specific requirements of banks and financial institutions.

How will this course assist you?

This comprehensive 4-day programme will cover:

  • The current state and direction of best practices in corporate governance
  • Implementing and embedding best practices within your organisation /institution
  • How to structure board committees, institutional policies and procedures to conform to international requirements and expectations
  • How to communicate governance procedures to outside stakeholders including shareholders, governments and communities
  • Implementing governance directives within the management of the institution
  • Analysing the governance of other institutions
  • Governance as a competitive edge
  • Identifying and maximising the financial benefit from improved corporate governance and procedures

Methodology:

  • Practical presentations on formulating and implementing modern international corporate governance principles will be blended with case studies drawn from recent international precedents.
  • Workshop projects that simulate real-life experiences will help to reinforce key principles.

Who should attend

  • Directors & Board Members
  • Audit Committee members
  • Company secretaries and governance professionals
  • Corporate counsel
  • Senior company management
  • Investors and fund managers
  • Analysts
  • Regulators
  • Securities exchange officials
  • Lawyers & legislators

Experts

Dennis Driscoll is an international lawyer. He is the former Dean of the Law School at the National University of Ireland (Galway).At Galway, he was the Chairman of an annual workshop, designed for in-house legal counsel, on the legal problems of multinational companies. He has also been a Visiti...

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