Corporate Governance Principles, Policies, and Best Practices

Corporate Governance: Principles, Policies and Best Practices

Corporate Governance Training: Principles, Policies, Best Practices, Stakeholder Engagement, Board Structures, and Transparency/Disclosure

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Platform:
Online
In-class
Date Venue Duration
14 - 18 September 2026 Nairobi, Kenya 5 Days
30 November - 04 December 2026 Sandton, Gauteng 5 Days
15 - 19 February 2027 Sandton, Gauteng 5 Days
12 - 16 April 2027 Sandton, Gauteng 5 Days
07 - 11 June 2027 Sandton, Gauteng 5 Days

Course Introduction

Corporate governance has emerged as a pivotal area within business management and regulatory environments, gaining traction in business schools and among legislators globally. It serves as a framework that defines the relationship between a company and its stakeholders, aiming to foster accountability, transparency, and sustainable growth. Various models of corporate governance exist, each with unique approaches to balancing the interests of shareholders, board members, employees, and other stakeholders.

 

This course delves into these governance models, exploring both traditional frameworks focused on shareholder interests and more inclusive models that consider a broader set of stakeholders — including South Africa’s King V Code, effective from 1 January 2026, which consolidates King IV’s 17 principles into 13 outcome-based principles and introduces explicit AI governance requirements for the first time. Participants will explore board structures, including single-tier and two-tier models, and gain insights into the roles and responsibilities of committees such as audit, nomination, and remuneration committees. Through this exploration, the course addresses the practical aspects of building effective governance systems, emphasising the role of leadership, ethical conduct, and institutional investors in reinforcing corporate governance principles.

 

This comprehensive course equips participants with the knowledge to understand governance complexities and implement best practices that enhance corporate integrity, support organisational goals, and build stakeholder trust.

Course Objectives

By the end of this Corporate Governance: Principles, Policies and Best Practices course, participants will be able to:
  • Identify the core principles and importance of corporate governance, including King V's 13 consolidated principles and four governance outcomes
  • Evaluate corporate governance structures and risk management policies
  • Examine ethical and policy considerations affecting stakeholders, including shareholders, board members, auditors, and senior management
  • Implement strategies to enhance corporate performance through improved governance practices
  • Apply and adapt best practices in corporate governance to local and international standards
  • Understand King V's Disclosure Framework and its new AI governance requirements

Who should attend?

  • Board Members, Executives, and Senior Management
  • Chief Financial Officers (CFOs), Finance Managers, and Controllers
  • Legal Counsel, Corporate Legal Advisors, and Corporate Secretaries
  • Internal and External Auditors
  • HR Managers and Department Heads Responsible for Governance Oversight
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Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Module 1: Overview of Corporate Governance
  • The governance framework and King V's 13 consolidated principles (reduced from King IV's 17), organised around four governance outcomes: Ethical Culture, Performance and Value Creation, Conformance and Prudent Control, and Legitimacy
  • Shareholder Wealth Maximisation (SWM) and Corporate Wealth Maximisation (CWM) models
  • Global and African board governance standards
  • Roles and responsibilities of the board of directors and audit committee
  • The corporate control environment in Africa
Module 2: Stakeholders in Corporate Governance
  • Key stakeholders in corporate governance
  • Rights and responsibilities of shareholders
  • Types of directors and their duties
  • The role of the chairperson and corporate officers
  • Internal and external audit functions in African companies
  • Engagement of institutional investors and minority stakeholders, now integrated within King V's broader stakeholder principles rather than treated as a standalone principle as under King IV
  • An overview of stakeholder-centric views from the OECD and King V guidelines
Module 3: Structures and Functions of Corporate Governance
  • Effective board structures, including unitary and two-tier boards
  • Board independence and criteria for evaluating board effectiveness
  • Selection, remuneration, and performance evaluation of board members
  • Assessing current corporate governance practices in Africa
  • Planning and implementing corporate governance objectives against King V's four cyclical governance functions: steering and direction, policy and planning, oversight and monitoring, and accountability
Module 4: Best Practices in Corporate Governance
  • Best practices and international standards, including King V, OECD, and ICGN principles
  • Case studies and real-world applications in African companies
  • Building a governance culture and ensuring compliance
  • Understanding King V's new AI governance requirements: algorithmic transparency, AI ethics, and digital risk management
Module 5: Transparency and Disclosure
  • Principles of transparency and disclosure under King V's new Disclosure Framework
  • Financial and operational disclosures aligned with company objectives
  • Policies on remuneration for board members and key executives
  • Handling related party transactions in the African context
  • Ensuring timely, accurate, and efficient access to information for stakeholders

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Discover how our courses enhance professionals’ effectiveness in their workplaces.

Central Bank of Lesotho

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The Fraud Risk Management training was clear, practical, and very relevant to day-to-day work. Content was well structured and the real world case studies made concepts easy to apply. Presenter knowledge and engagement kept the session interactive. Overall a valuable program that strengthened my understanding of fraud detection, prevention, and regulatory requirements.

Central Bank of Lesotho

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The facilitator was exceptionally good, approachable eloquent and was able to structure the course content to relate to our specific work designations, it was just perfect service delivery

Central Bank of Lesotho

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Keep up the good work which I experienced during my training being training materials offered and great hospitality we received from all the staff members

Centenary Rural Development Group Ltd

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Very informative course with good content and benchmarks of key players in South Africa. We are able to agree a plan on how to build an enterprise risk management framework for a developing group of companies. Several references to guide us and experienced Facilitators

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The course was eye opening and exceeded my expectations.

FAQs – Corporate Governance: Principles, Policies and Best Practices

Master board oversight, compliance frameworks, risk management, and ethics. This corporate governance principles, policies and best practices training equips leaders to align operational strategies.

What topics are covered in the Corporate Governance Principles, Policies, and Best Practices course?
The course covers core governance frameworks, board roles and duties, corporate governance policy formulation, regulatory compliance, board committee structures, stakeholder engagement strategies, ethical leadership, and risk oversight best practices.
Who should attend the Corporate Governance Principles, Policies, and Best Practices course?
This course is designed for board members, executive directors, company secretaries, compliance officers, risk managers, legal advisors, and senior managers responsible for establishing or overseeing governance standards.
What are the key learning objectives of this corporate governance course?
Delegates learn to apply global governance standards, draft comprehensive governance policies, strengthen board oversight, foster an ethical culture, and align governance practices with corporate strategic goals.
How long is the Corporate Governance Principles, Policies, and Best Practices course?
The programme is delivered as an intensive 5-day training masterclass designed to provide deep structural insights and practical tools for governance implementation.
What practical skills will delegates gain from this training?
Participants will gain hands-on skills in auditing governance structures, drafting robust corporate policies, conducting board evaluations, managing stakeholder expectations, and mitigating compliance risks.
Can Prospen Africa deliver this course as customized in-house training?
Yes. Prospen Africa can tailor the training to reflect your organization's specific sector requirements, board charter, statutory obligations, and internal policy frameworks.

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