/ PFT Online Course on 'FUNDAMENTALS OF CORPORATE
Introduction and Background
governance is one of the most topical and controversial areas of
business and finance. The issues relating to the relationships between
shareholders, management and the board of directors in corporations
go to the heart of the differences in financial systems around the
world. Countries and states have resisted pressures to accept unimpeded
markets in corporate control, and as a consequence there are many
different regulatory models of conduct for corporate entities, and
different traditions have different priorities. Some models focus
on the protection of investors, as has been the Anglo-American tradition,
whereas other models hold job security to be of a more crucial importance,
as has been seen in for example Japan. Despite conscious and persistent
efforts, however, to date no one has succeeded in putting forth
a prescriptive list of recommendations for good corporate governance
with universal relevance. This points to the fact that different
types of corporate governance rules are required for firms in different
industries and stages of development. The size, ownership pattern
and general economic context of a firm also has implications for
how it should best be run.
This UNITAR e-Learning programme in
corporate governance will provide a sound foundation in the fundamental
characteristics of the concept. By giving an overview of the scope,
trends and developments in this area of finance, and looking more
closely at common corporate failures and probable solutions, the
participant will be equipped with the analytical skills and technical
insights required to understand and evaluate different approaches
to structuring the ownership, control and regulation of corporations.
The skills and techniques which are learned are relevant for a wide
range of professionals, and provide useful lessons for experts and
||when slots are full
||November 15 to December
||Minimum of 35 hours
||US $ 400/-
||UNITAR Geneva (Course Administration
and Technical Questions)
The overall objective of this course is to provide professionals and
interested individuals with powerful and structured techniques to
enhance their understanding of corporate governance issues, including
the prevailing recommended models in different parts of the world.
It will look at common and recent corporate failures, the underlying
reasons for these, as well as ways in which such problems can be resolved.
This foundation course is primarily designed for professionals in
the spheres of government, public and private finance sector development,
investment, trade, corporate, treasury, and banking. Professionals
from public, private, civil society and academic circles will all
benefit from this e-Learning course.
Structure / Outline
This online course is divided into three interrelated
modules. Each module presents theoretical and conceptual materials
prepared by UNITAR, and incorporates a mix of guided self study
and online interaction between peers. There will be a compulsory
quiz at the end of each module, as well as a final written assignment,
which must be completed to qualify for a course certificate.
This course will comprise of the following modules, each covering
a one-week period.
Module 1: INRODUCTION
TO CORPORATE GOVERNANCE DISCLOSURE
- Why Corporate Governance?
- Ownership and Control: A Basic
Corporation and Governance Issues
- Corporate Governance Codes: Whose
Interests Are Protected?
- Law and Corporate Governance:
Corporate Failures and Responses
- Different Corporate Governance
- Module Conclusion
CORPORATE GOVERNANCE: PUBLIC AND PRIVATE POLICIES AND REGULATIONS
- International Consensus: Corporate
- Ongoing Regulatory Reform: One-Size-Fits-All
Standards for the Board of-Directors
- Ongoing Regulatory Reform: A Selective
- Ongoing Regulatory Reform: Cross-Border
- Regulatory institutions and enforcement
- Module Conclusion
THEORIES OF CORPORATE GOVERNANCE:
A COMPARATIVE STUDY
- Corporate Governance and Wider
- Different corporate governance
systems and performance
- Beyond Performance: Governance
- Capital Formation and Efficiency:
Banks and Governance
- Promoting Good Governance
- Module Conclusion
This course will be conducted over the internet using UNITAR's e-Learning
infrastructure for a four week period. Participants will require a
minimum of 60 minutes of study each day. The course pedagogy will
allow for three levels of interaction. At the first level, the participants
will interact with the training content and reading material provided.
At the second level, the participants will interact with each other
through the online discussion board facility, sharing experiences,
opinions and views, thereby giving the learning a contextual framework.
At the third level, the participants will interact with a seasoned
expert on corporate governance who will act as the course mentor.
The mentor will not only moderate the course for its entire duration,
but also provide feedback and discussion wrap-ups as well as respond
to participant queries.
UNITAR online courses create a progressive
learning environment in which participants have the flexibility
to structure their own learning process and interact with peers
and experts through the discussion board facility. UNITAR encourages
the participants to network with each other both professionally
and amicably, to establish contacts which further promote the dynamic
nature of the learning experience.
The online course will be conducted
in the English language.
This course is designed as an online course in which participants
will be primarily responsible for their own learning. Each lesson
will consist of the following components:
Reading Materials (Compulsory Reading Materials):
these materials are intended to educate the participants
about the basic concepts and principles applicable to the subject-matter
of the lesson. It will include, where appropriate, sample materials.
These materials will constitute the required reading materials
for the lesson
Reading Materials (Optional Reading Materials): this
will consist of optional reading materials for participants who
wish to learn more about the topic than what is covered in the
Links: This will refer the interested participants
to additional books, articles, documents, and websites that deal
with the issues raised in the lesson.
A glossary of terms tailored to the online course will
be provided to the participants and act as a learning support
during the entire course.
At the end of each lesson there will be a set of quizzes
for participants to answer. These quizzes are designed to test
the participant's understanding of the lesson. Participants are
required to pass each quiz and obtain at least 80% or more passing
grade in order to be eligible for a certificate. All quizzes will
need to be taken online.
Discussion Board: There will be a community discussion
board available on which participants can post questions or comments
that can be seen by the instructor and the other participants.
This discussion board will be moderated by the course director
and UNITAR. Structured discussion strings will be posted on a
All successful participants will be
eligible to a certificate after completion of this online course.