Advanced Course in Improving Corporate Governance & Board Performance in Asia
This course description is indicative, and only for reference purposes. The course is not scheduled unless advertised in our calendar. If you are interested in this course, or require a customized course that is similar to this, please note that fees start from USD 25,000 for a two-week course. This fee is for a customized course for ten or fewer participants. For additional participants, the fee is USD 2500 per participant.
For these fees, the client may customize the course to the precise needs of the client's organization. Scheduling will be in consultation with the client.
Participants: Senior managers, board directors, regulators, majority shareholders, owners of private companies, and aspiring business and regulatory leaders in Asia.
Course Brief: This course is an advanced practitioner’s guide to improving a company’s governance foundations in Asia. These foundations include financial reporting, the independence of auditors, regulatory enforcement, and legal systems. Just as important - and far trickier - is actually getting companies to comply, so the course also focuses implementation.
Six features unique to Asia inhibit the effectiveness of boards in Asia and make the wholesale adoption of Western corporate-governance practices inappropriate: a high concentration of ownership, weak recruitment processes and a shortage of experienced directors, poor focus, inadequate information, complex cultural traditions, and underdeveloped legal regimes. Overcoming these problems and creating a vibrant and constructive board environment pays off in better performance and a lower cost of capital. This course enables participants to apply strategy and best practices in corporate governance to improve growth and performance. Content includes creating an enabling regulatory environment that promotes corporate governance; designing and enforcing corporate governance strategy; corporate governance principles and procedures; and disclosure and financial management in public and private enterprises.