Corporate Governance

The purpose of corporate governance is to guide the conduct of an organization. Corporate governance is not a role or a position; it’s a system of stewardship that creates policies, protocols, and practices to ensure the alignment of interests between key stakeholders like management, investors, customers, and employees.

Two core purposes of corporate governance are to mitigate risks and to support the development of long-term competitive advantages in the market. Through the deployment of functions like enterprise risk management, strategic planning, accounting and disclosure practices, talent management, and succession planning, directors can have a significant impact on an organization’s longevity.

In this course, we cover the five Ps of corporate governance and how each is applied within an organization. Next, we outline and compare the roles between company management and its board of directors, and between public and private market governance strategies. Finally, we will discuss how to assess and improve corporate governance performance as well as how to create an internal governance structure.

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