Description
This session will provide an overview of the major tenants of corporate board governance, structure, organization, and composition and how each of these relates to an enterprise`s ability to balance risk and opportunities while acting in an ethical and prudential manner which addresses all its stakeholders - investors, employees, customers, suppliers, creditors, regulators, and taxpayers.
Why Should You Attend: The popular perceptions of corporate governance have changed significantly since the global financial crisis.
- Prior to the crisis, during a period of expansion and growth, investors and media had little reason to question corporate governance at the board of director level or rising executive compensation packages.
- The crisis changed perceptions dramatically. Corporate boards were widely blamed for lax oversight, granting overly generous pay packages, and generally for failing to perform in a prudential manner.
- Corporate governance has a direct & significant impact on enterprise risk management, and there are proven approaches to corporate governance that improve risk management