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KnowledgeCity

Understanding Corporate Governance

Navigate the complexities of corporate governance for organizational success
Preview the first lesson free — get full access to all 5 lessons.
Course: On-Demand
Advanced Provider KnowledgeCity  5 Lessons ·  12m  in Arabic, English, Spanish 

Course Description

If you’re the head of a company, it’s important to know the rules, practices, and processes of corporate governance. This will guide you as you make important decisions for your business. In this Understanding Corporate Governance course, you’ll explore the fundamentals of corporate governance like the structure and responsibilities of a board of directors and the ethical standards you need to responsibly lead a business. You’ll review methods for operating a company with transparency and highlight how strong governance practices can build your reputation, attract investors, and keep you compliant with the law.

We’ll also demonstrate how governance impacts business performance and stakeholder trust. You’ll learn about governance worldwide, showing you how your business can contribute to the global gross domestic product (GDP) and influence global markets. By the end of this course, you’ll understand how corporate governance influences company performance, sustainability, and reputation. Equip yourself with the knowledge to implement best practices within your organization.

What You'll Learn

  • Describe the principles of corporate governance and the structure and responsibilities of a board of directors
  • Analyze the role of corporations in global and local economies
  • Assess the impact of corporate governance on business performance and stakeholder trust
  • Identify best practices for ethical and effective corporate governance
  • Apply methods for operating a company with transparency
  • Explain how strong governance practices build reputation, attract investors, and maintain legal compliance

Key Takeaways

  • Corporate governance is the set of rules, practices, and processes that guides leaders in making important business decisions.
  • A board of directors has a defined structure and responsibilities, and ethical standards are needed to responsibly lead a business.
  • Strong governance practices can build reputation, attract investors, and keep a company compliant with the law.
  • Corporate governance influences company performance, sustainability, reputation, and stakeholder trust.
  • Governance operates worldwide, and businesses can contribute to global gross domestic product (GDP) and influence global markets.

Frequently Asked Questions

Who is this course for?

It is aimed at heads of companies and business leaders who need to know the rules, practices, and processes of corporate governance to guide important decisions for their business.

What does the Understanding Corporate Governance course cover?

It covers the fundamentals of corporate governance, including the structure and responsibilities of a board of directors, ethical standards for leading a business, operating with transparency, how governance impacts business performance and stakeholder trust, and governance worldwide.

What skills will I gain from this course?

The course develops skills in Business Ethics, Corporate Governance, and Working With a Board of Directors.

What topics are included in the lessons?

The lessons include an Introduction, The Basics of Corporate Governance, Corporations and the Economy, Ethics and Standards in Corporate Governance, and a Test Your Knowledge assessment.

What will I be able to do by the end of the course?

By the end you will understand how corporate governance influences company performance, sustainability, and reputation, and be equipped with the knowledge to implement best practices within your organization.

Professional Certifications and Continuing Education Units (CEUs)

HR Certification Institute® (HRCI®)

Recertification Credits: 0.25

Certification Program Categories:
HR GeneralBusinessCaliforniaGlobal
Project Management Institute (PMI®)

Professional Development Units (PDUs): 0.25

Certification Program Categories:
Ways of WorkingPower SkillsBusiness Acumen

KnowledgeCity has been reviewed and approved by the PMI® Authorized Training Partner Program. Users can maintain your PMI credentials by earning PDUs from KnowledgeCity qualified courses in Project Management, Business Management, Leadership and many others.

Society for Human Resource Management (SHRM®)

Professional Development Credits (PDCs): 0.25

Certification Program Categories:
Leadership & NavigationBusiness AcumenConsultationGlobal MindsetEthical PracticeRelationship ManagementAnalytical AptitudeCommunicationDiversity, Equity & Inclusion

KnowledgeCity is approved by SHRM as a Recertification General Provider to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). By taking the courses approved by SHRM, KnowledgeCity can award SHRM Professional Development Credits (PDCs) for HR knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™).