ICGN Excellence in Corporate Governance Programme 2024
Overview
About the Course
The course builds an awareness of how institutional investors with globally diversified portfolios analyse corporate governance practices and a company’s approach to generating long-term value.
The ICGN Course provides:
- Global Investor Lens with ICGN Member opinion responsible for AuM of around US$70 trillion, based in over 40 countries
- Best Practices based on ICGN’s Global Governance Principles used by ICGN Members in voting polices and company engagement
- Local Relevance applicable to national standards/regulations and clarity around any differences between local and global standards.
- Practical Experience featuring live case studies from international investors and pre-recorded keynote speeches
Faculty and Format
The ICGN Faculty is a prestigious group of professionals with practical experience from the corporate and investment field. Each 90-minute module will include insights and case studies presented by an international guest and teaching from the lead faculty member. Participants can also view a pre-recorded 15-minute keynote speech from an influential governance practitioner.
To view details about our course next course - click here.
Our Agenda
Session 1: Board roles & responsibilities
- Role of the board and directors’ duties
- What makes an effective board member?
- Board role in setting strategy - Short term vs long term strategy and planning
- Board role in risk / opportunities– setting risk appetite, oversight of internal controls and external auditor
- Board role in setting corporate purpose and culture – incentives, ethics, whistleblowing
- Board role in capital allocation oversight
- Shareholder dialogue: AGMs, voting, other shareholder rights
Session 2: Board effectiveness
- Leadership - Chair, CEO, Lead Independent Director
- Composition – size, skills, independence, diversity, dynamics
- Board appointment, refreshment and retirement, including role of the Nomination Committee
- Succession planning – Chair, CEO and Board Directors
- Board and CEO evaluation
- Operation – board support, access to information
Session 3: Nomination and Remuneration Committees
- Introducing the ‘Action Program for Accelerating Corporate Governance Reforms’
- Benefits of Committees to the organisation - case study examples from around the world and from Japan
- Nominations committee: typical structure and members
- Remunerations Committees: typical structure and members
Session 4: Corporate strategy and efficiency
- Board role in capital allocation oversight (rights issues, dividends, buybacks, incentives)
- Developing a capital allocation policy
- Cost of capital
- Cash flow and company resilience
- Cross-shareholdings
- Conflicts of interest
Session 5: Sustainable value creation
- Definitions of sustainability
- Analysing and valuing sustainability
- Governance of sustainability
- Priorities: climate change, social inequality, technological development
- Stakeholder identification and engagement
- Reporting on financial, human, natural capital