Corporte Governance
ESAMI BUSINESS SCHOOL
EXECUTIVE MBA PROGRAMME
INTAKE 22 GEITA GOLD MINE
COURSE: CORPORATE GOVERNANCE
(CG 601)
LECTURER NAME; MR G.A.W KACHALI
CANDIDATE REGISTRATION NUMBER: 22 GGM 10895
Student Name; GEOFREY SHUMA
TABLE OF CONTENTS
1. Introduction 2 2. Overview 2 3. Corporate Governance definition 2 4. Good Corporate Governance 3 5. Historical Background of Corporate Governance 4 6. Impact of Corporate Governance 5 7. Parties to Corporate Governance 5 8. Principles of Good Corporate Governance 5 a) Rights and equitable treatment of shareholder 5 b) Interest of other stake holders 6 c) Role and Responsibilities of the boards 6 9. Issues involving corporate Governance Principles 6 10. Corporate Governance Mechanisms and Control 6 11. Internal Corporate Governance Controls 7 12. External Corporate Governance Controls 7 13. Fraud 7 14. Prevention of Corporate Fraud 7 15. Fraud Deterrence (prevention of fraud) 8 16. Fraud Deterrence VS Fraud Detection 8 17. Deterrence Correlation 8 18. Deterrence VS Prevention 9 19. Fraud Triangle 9 20. Breaking the Fraud Triangle 9 21. Statement on Auditing Standard No. 99 (SAS 99) 9 22. The Coso Model 10 i. Control Environment 11 ii. Risk Assessment 11 iii. Control Activities 11 iv. Information and Communication 12 v. Monitoring 12 23. Conclusion 13 24. References ………………………………………………………………….… 14
INTRODUCTION
Corporate Governance is the set of processes, customs policies, laws and Institutions affecting the way the corporation (Company) is directed, administered or controlled. Corporate Governance also includes the relationships among the many stakeholders involved in the goals for which the corporation is
EXECUTIVE MBA PROGRAMME
INTAKE 22 GEITA GOLD MINE
COURSE: CORPORATE GOVERNANCE
(CG 601)
LECTURER NAME; MR G.A.W KACHALI
CANDIDATE REGISTRATION NUMBER: 22 GGM 10895
Student Name; GEOFREY SHUMA
TABLE OF CONTENTS
1. Introduction 2 2. Overview 2 3. Corporate Governance definition 2 4. Good Corporate Governance 3 5. Historical Background of Corporate Governance 4 6. Impact of Corporate Governance 5 7. Parties to Corporate Governance 5 8. Principles of Good Corporate Governance 5 a) Rights and equitable treatment of shareholder 5 b) Interest of other stake holders 6 c) Role and Responsibilities of the boards 6 9. Issues involving corporate Governance Principles 6 10. Corporate Governance Mechanisms and Control 6 11. Internal Corporate Governance Controls 7 12. External Corporate Governance Controls 7 13. Fraud 7 14. Prevention of Corporate Fraud 7 15. Fraud Deterrence (prevention of fraud) 8 16. Fraud Deterrence VS Fraud Detection 8 17. Deterrence Correlation 8 18. Deterrence VS Prevention 9 19. Fraud Triangle 9 20. Breaking the Fraud Triangle 9 21. Statement on Auditing Standard No. 99 (SAS 99) 9 22. The Coso Model 10 i. Control Environment 11 ii. Risk Assessment 11 iii. Control Activities 11 iv. Information and Communication 12 v. Monitoring 12 23. Conclusion 13 24. References ………………………………………………………………….… 14
INTRODUCTION
Corporate Governance is the set of processes, customs policies, laws and Institutions affecting the way the corporation (Company) is directed, administered or controlled. Corporate Governance also includes the relationships among the many stakeholders involved in the goals for which the corporation is