Learn more about the internal and external factors of an organization's corporate governance, with this online course.
Take this certificate on your own.
Start now and learn at your own pace.
CertificationView course modules
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.
Module 1: Internal Governance
Internal Governance - Learning Outcomes
About Internal Governance
Owners and Managers
Internal Governance - Lesson Summary
Module 2: External Governance
External Governance - Learning Outcomes
About External Governance
External Governance - Lesson Summary
Module 3: Market Forces
Market Forces - Learning Outcomes
Professional & Trade Organizations
Market Forces - Lesson Summary
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 an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certificates for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping
All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.