Republic of the Philippines

Tarlac City, Tarlac

Tarlac State University
College of Business and Accountancy

Corporation and Corporate Governance

Topic Outline:

I. Definition and Fundamental Concept

1. Corporate
2. Governance
3. Corporate Body
4. Corporate Governance
II. Company (Corporation)
1. Characteristics of a Company
2. Types of Companies
3. Hierarchy of a Company
4. Top Players in a Company
III. Stakeholders, Governance, and Management
1. Classification of Stakeholders
2. Need for Corporate Governance
3. Governance & Management
IV. Approaches to Corporate Governance
1. Shareholders Approach
2. Stakeholders Approach
3. Enlightened Shareholders Approach
4. Which approach is best?
V. Agency Theory and Importance of Corporate Governance
1. Key Issues
a. Financial Reporting
b. Directors Related Issues
c. Risk Management
d. Communication
e. Corporate Social Responsibility
2. Why is Corporate Governance Important?