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SYLLABUS 2016
Estd. 1951
SYLLABUS 2016
Estd. 1951
SYLLABUS 2016
Estd. 1951
6. Balance of Power l The role of the Board and Corporate Governance Issues U
on the Board l Board Operation U
l Details of Patterns of Roles and Responsibility A
l Suitability U
l Character and Qualities U
l Size and balance of the Board A
l The Board and Decision making U
l The roles of chairman and chief Executive Officer U
l Non- Executive Directors U
l Roles and duties of non executive directors U
l Regulatory framework for role of directors in boards U
l Board appointments U
l Induction and Training U
l Re-election of Directors U
l Succession Planning U
l Performance Evaluation U
l Two-tier Boards U
l Diversity on board meaning and issues faced due U
to diversity on boards
7. Board Committees l Role, responsibilities and importance of different board U
and their Role in committees:
Corporate Remuneration committees
Governance Nominations committee
Risk committees
Audit committees
l Evaluation of board own performance A
8. Remuneration l Remuneration of Directors D
System l Principles of remuneration D
l Purposes of remuneration and its components D
l Link of remuneration to strategy and market conditions D
l Impact on directors' behaviour for various components A
of remuneration i.e. basic salary, performance related
rewards, shares and share options, loyalty bonuses,
fringe benefits, retirement benefits
l Legal, ethical, competitive and regulatory issues A
linked with directors' remuneration
9. Approaches to l Different approaches to corporate governance U
Corporate based upon 'rules' and 'principles'
Governance l Different models of business ownership A
(Family ownership joint stock company)
l Reasons for the development of codes of A&D
corporate governance
l Development of corporate governance codes D
l Major corporate governance codes D
l Objectives and limitations of, corporate governance D
codes
l Organization for economic cooperation and D
development (OECD) Report (2004)
l OECD Principles of Corporate Governance: U
The rights of share holders
The equitable treatment of shareholders
The role of stakeholders in Corporate Governance
Disclosure and Transparency
The responsibilities of the Board
l International corporate governance network (ICGN) U
Report (2005)
l Code of Corporate Governance in Pakistan A&D
Issued by SECP
SYLLABUS 2016
Estd. 1951
SYLLABUS 2016
Estd. 1951
NOTE:-
U = Understanding
A = Application
D = Decision