introduction
Corporate affect and are affected by public life, as their performance can affect jobs, incomes, savings, pensions, living standards, and other matters in the lives of individuals and institutions in society. Accordingly, corporate must be accountable for their commitment in the broader framework of the welfare and progress of society.
Because of the fundamental importance of corporate governance in the progress of economies and societies, a number of developed and emerging countries have been interested in establishing the rules and good applications for them to stabilize the markets with those economies.
Therefore, corporate governance works on efficient use of resources, maximizing the value of the company, and strengthening its competitive opportunity in the markets, so that it can attract local and global financing sources for expansion and growth, making it able to create new job opportunities while ensuring the stability of financial markets and banking systems, which leads to achieving efficiency and the economic development required.
The importance of corporate governance lies in achieving economic development and avoiding falling into the breach of financial crises, by establishing a number of performance standards in order to support the economic foundations in the markets and uncover cases of fraud, corruption and mismanagement, which leads to gaining the confidence of dealers in these markets and work to stabilize them and reduce severe fluctuations by it to achieve the desired economic progress.
Here it can be said that corporate governance is concerned with finding and organizing proper applications and practices for those in charge of the company`s management in a manner that preserves the rights of shareholders, bondholders, company employees, Stakeholders, and others through investigating the implementation of contractual relationship formulas that link them and using right financial and accounting tools according to the standards of disclosure and transparency
Objectives :
- Learn about the concept and importance of corporate governance to enhance good and effective management and ensure sustainability and institutional development for business organizations.
- Knowing the market rules in the local and international framework, analyzing the Arab business environment and identifying the gap and transformation requirements in the future period.
- Knowledge of principles, content, requirements and guarantees of effective application of corporate governance.
- Knowledge of the regulatory and institutional framework and the state`s role in corporate governance.
- Knowing the legal frameworks of corporate governance in the local and international scope and measuring the gap between them.
Who should attend:
- Members of the administrative councils
- Working Managers
- Executives Managers
- Financial Managers
- Legal workers
Course Outline :
- Corporate governance and its importance for the success of business organizations:
- Definition and framework of international concepts:
- Importance and benefits:
- Who does governance, how does governance work, and how do we benefit from it?
- The role of governance in corporate institutional development:
- Steps in corporate governance and the role of the state in creating a legislative, institutional and organizational framework for governance:
- Transparency in the management of state affairs precedes corporate governance
- The content and requirements of corporate governance.
- Corporate governance guarantees.
- Parties to the corporate governance process and the role of each of these parties.
- Situations that require corporate governance.
- International principles of corporate governance:
- The legal and regulatory framework for corporate governance.
- Corporate governance rules and standards in the Arab environment.
- Evaluating the principles of corporate governance.
- Corporate Governance and Responsibilities Required:
- Role of corporate management boards in encouraging corporate governance and their responsibility for it.
- The role of audit committees in corporate governance.
- Managing risks to serve corporate governance.
- Corporate governance is one of the most important requirements for listing on the stock exchange.