Learn more about the internal and external factors of an organization's corporate governance, with this online course.
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Internal governance refers to how policies are established and operations are monitored to ensure that employees and management act reasonably, ethically, and within the law. With this course, you will learn the three ways internal governance can be established in organizations. You will also learn the important topics that should be covered by codes of conduct, policies, and procedures. You will then look into the corporate culture and the role of management in the governance of an organization.
Stakeholders can be viewed as close or expansive. This course will teach you that close stakeholders include groups or individuals on which the organization is dependent for its continued survival while expansive stakeholders are groups or individuals who can affect the achievement of an organization's objectives. You will also look into market failure, laws and regulations, consumer protection, the influence of suppliers, employment law, institutional investors, and financial institutions.
This course clearly discusses the two main aspects of internal and external forms of governance. You will learn the relationships between managers, employees, and the owners of a firm as well as the system of laws, regulations, and market forces that ensure a fair and transparent organization. You will also learn about watchdog organizations which are usually driven by non-profit groups or government agencies whose purpose is to alert the public about the misdeeds of organizations. So why wait? Check out your next course, today.
Having completed this course you will be able to:
- Define internal governance and describe its purpose and significance.
- Show how governance is established in an organization.
- Explain the use and role of policies and procedures.
- Explain how organizational culture is established and how it influences behavior.
- Explain the role of the owners (or its Board representatives) and Management in governance.
- Define external governance and be familiar with the roles of stakeholders in governance of the firm.
- Describe how and why governments regulate business.
- Discuss how stakeholder groups act to shape the behavior of the firm.
- Identify the other significant influences on organizational behavior.
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:
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