Corporate Governance

Course Facilitator:
Dr. Syed Hasnain Alam Kazmi
Course Description

This course will teach the fundamental theories and practice of corporate
governance. This course covers the history of the corporation, boards of
directors, the division of profit sharing and various forms of employee
ownership and equity ownership among regulation, shareholder, the impact of
takeovers and mergers and acquisitions on governance, ethical issues such as
conflicts of interest and insider trading, international corporate governance,
and policy developments likely to impact the corporation.

Course Objectives
Knowledge: To get inside of the fundamental
theories and practice of corporate governance.
Skills: To analyze the business problems on
corporate level and getting skills of developing top
management strategies.
Cognitive Skill: To understand Corporate
Governance problems in Pakistani industry focus.
To provide insights into strategies of Pakistani
companies through cases, speakers and in-class
examples.

Learning Outcomes
Knowledge: Students will be able to get inside
of the fundamental theories and practice of
corporate governance.
Skills: Students will be able to analyze the
business problems on corporate level and getting
skills of developing top management strategies.
Cognitive Skill. Students will be able to resolve
the Corporate Governance problems in Pakistani
industry focus. To provide insights into
strategies of Pakistani companies through cases,
speakers and in-class examples.

Student Assessment and Marks Distribution

S. No.
1
2
4

Assessments
Midterm Examination
Assignments, Quizzes, Presentations
Final Exam

1
7-10
1

No. of Assessment
20 marks
40 marks
40 marks

Teaching Methods

Lecture
Debate
Small Groups
Research Activities
Case Studies
Presentations

 Corporate governancebroadly refers to the

mechanisms, processes and relations by
whichcorporationsare controlled and directed.
Governance structures and principles identify
the distribution of rights and responsibilities
among different participants in the corporation
(such as the board of directors, managers,
shareholders, creditors, auditors, regulators,
and otherstakeholders) and includes the rules
and procedures for making decisions in
corporate affairs.

 Corporate governance includes the processes

through which corporations' objectives are set
and pursued in the context of the social,
regulatory and market environment.
Governance mechanisms include monitoring the
actions, policies, practices, and decisions of
corporations, their agents, and affected
stakeholders. Corporate governance practices are
affected by attempts to align the interests of
stakeholders.

Organization for Economic Co-operation

and Development principles

One of the most influential guidelines on corporate

governance are theG20/OECDPrinciples of Corporate
Governance, first published as the OECD Principles in 1999,
revised in 2004 and revised again and endorsed by the G20
in 2015. The Principles often referenced by countries
developing local codes or guidelines.

Building on the work of the OECD, other international

organizations, private sector associations and more than 20
national corporate governance codes formed theUnited
NationsIntergovernmental Working Group of Experts on
International Standards of Accounting and Reporting(ISAR)
to produce their Guidance on Good Practices in Corporate
Governance Disclosure.

This internationally agreed benchmark consists of

more than fifty distinct disclosure items across
five broad categories:
Auditing
Board and management structure and process
Corporate responsibility and compliance in
organization
Financial transparency and information
disclosure
Ownership structure and exercise of control
rights