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Corporate Governance Outline
Corporate Governance Outline
Course Specifications
Corporate Governance
BSEF-310
Fall-2022
http://www.bzu.edu.pk/
Course Specifications
Basic Information
Course Title: Corporate Governance
Academic year/level: 4
Revision : 1st
COURSE DESCRIPTION:
Corporate governance is concerned with governing the corporate entities. It provides a
mechanism used to control and direct the affairs of a corporate body in order to serve and
protect the individual and collective interests of all its stakeholders. This course is designed
to give an introduction to the field of corporate governance. It will introduce the students with
governance rules and regulations.
LEARNING OBJECTIVES:
At the end of this course, the students should be able to:
1. Recognize the importance of governance and learn what good directors need to know to
provide good governance.
2. Be effective as directors or advisors to boards by emphasizing many of the ideas and
concepts taught.
3 Understand and implement best practices on corporate governance.
Course Content
1 Introduction to corporate governance. What is it all about? Types and Ch.1, Safdar A. Butt
hierarchy and key players of companies. Stakeholders.
3 A brief history of corporate governance, its evolution, reports on Ch.2, Safdar A. Butt
corporate governance.
5 The conflict between managers and shareholders, Agency Theory: The Ch.2..
implications of the conflict; The Principal - Principal Conflict. A.C Fernando
10 The board of directors, its types, functions, role of chairman and chief Ch.4, Safdar A. Butt
executive officer, types of boards. Cadbury Code for the board of
directors.
12 Committees of a board. The audit committee, nomination and Ch.5; Safdar A.Butt.
remuneration committees.
13 Role of audit committee and its situation in Pakistan. Related article. Ch.5; Safdar A.Butt.
14 The directors, importance of individual directors, types of directors, role Ch.6, Safdar A.Butt.
of independent directors.
Mid-term Exam
18 Financial reporting, types of financial reports, health of financial Ch:7, Safdar A. Butt
statements.
19 Role of audit committee, creative accounting, role of external auditor, its Ch:7, Safdar A. Butt
independence.
20 Risk management, Risk aversion, Risk management process. Ch.8, Safdar A. Butt
21 Risk transfer techniques: hedging, options, insurance and diversification. Ch.8, Safdar A. Butt
22 Internal control, its objective and tools and monitoring. Ch.9, Safdar A. Butt
27 Project Presentations.
28 Project Presentations.
29 Project Presentations.
30 Project Presentations.
Final-term Exam
TEXT/REFERENCE BOOKS:
Corporate Governance: An introductory text for Pakistan by Safdar A. Butt, latest Edition
Corporate Governance by Christine A. Mallin, Oxford University Press
Corporate Governance; Principles, Policies and Practices By A.C Fernando
Corporate Governance by Kesho Prasad, Eastern Economy Edition
Corporate Governance Matters: A Closer Look At Organizational Choices and Their
Consequences by David Larcker and Brain Tayan, Pearson-Prentice-Hall (2011)
Supplementary material in the form of articles, cases and books will be provided in class.
4. 14 15
A 80-100 EXCELLENT
B 65-79.99 GOOD
C 50-64.99 SATISFACTORY
D 40-49.99 PASS
Contact Details:
Date: Date: