Governance is a critical topic that has been attracting serious attention for two decades in business schools and among legislatures, with this trend only increasing. While there are different types of regulators, they all aim to govern and deal with stakeholders. This course covers regulators' independence, decision-making, accountability, inspection and audit, and monitoring and enforcing regulations. It also explains the different types of regulators and different regulators' structures and authorities. Other topics discussed are the role of regulators and the required transparency.
Course Methodology
The course is built on presentations by the instructor and the participants and includes exercises and case studies to be discussed during the course.
Course Objectives
By the end of the course, participants will be able to:
Explain the different types of regulators and the regulators’ principles
Examine the independence of different regulators
Appraise decision-making and accountability practices by regulators
Evaluate transparency and efficiency of regulators
Support monitoring and enforcement of regulations
Target Audience
Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting and finance personnel, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads. All employees and managers of regulators like capital market authorities, central banks and other governmental and non-governmental authorities and agencies.
Target Competencies
Structuring of regulators
Analyzing regulator efficiency
Assessing decision-making
Defending the regulator's point of view
Explaining the role of regulator
Evaluating regulator independence
Identifying stakeholders' rights
Course Outline
Regulators’ Types and Principles
Regulators’ types
International bodies
Ministries
Authorities and agencies
Self-regulatory organizations
Regulators’ principles
Independence
Accountability
Transparency
Regulators’ Independence
Regulators’ funding
Regulators’ independence
Special interest groups
Semi-governmental regulator
Self-regulatory organizations
Decreasing the influence of special interest groups