COURSE OUTLINE IN GOOD GOVERNANCE AND SOCIAL
RESPONSIBILITY
( BAC 124 )
1 Introduction to Corporate Governance
Corporate Governance
Definition / Key Principles/ Objectives / Benefits / Key
Components/
Implementation / Challenges
History of Corporate Governance in the Philippines
Spanish Colonial Period/ American Colonial Period/ Post war
Period/Martial law/Modern Era/ Recent developments
Corporate Governance Framework in the Philippines
Definition / Key Regulations/ Standards and Guidelines/
Regulatory Bodies/ Philippine Governance Framework
Corporate Governance Concepts and Theories in the Philippines
Theoretical Foundations - Agency Theory / Stakeholder
Theory / Stewardship Theory / Resource Dependency Theory
Philippine Corporate Governance Models – Anglo-American
Model / Filipino Family-Controlled Model / State-Controlled
Model
2 Organizational Structure in Corporate Governance
Organizational Structure of a Corporation
Board of Directors / Board Committees / Executive
Management/ Senior Management / Internal Controls /
External Stakeholders / Supporting Functions
Board Composition and Diversity
Board Composition
Board Diversity
Benefits of Diverse Boards
Executive Compensation and Accountability
Executive Compensation
Accountability Mechanisms
Role of Board of Directors in corporate governance
Key responsibilities
Governance responsibilities
Financial oversight
PRELIM EXAMINATION
3 Shareholder Rights and Engagement / Transparency and
Disclosure
Shareholder rights
Definition
Types of shareholders
Rights of shareholders
Shareholder engagement
Definition
What are the shareholder engagement
Shareholder engagement strategies
Transparency and Disclosure in corporate governance
Definition
Transparency principles
Disclosure requirements
Stakeholder communication
Board transparency
4 Audit Committee Effectiveness / Risk Management and Internal
Control
Audit Committee Effectiveness
Key responsibilities
Characteristics of effective audit committee
Risk Management
Definition
Types of risks
Risk management framework
Risk management tools
Internal control
Definition
Internal control objectives
Types of internal control
Key Internal control processes
The role of internal control, internal audit and audit committee in
corporate governance
MID-TERM EXAMINATION
5 Introduction to Corporate Social Responsibility
Corporate Social Responsibility
Definition and scope
CSR Pillars
Benefits
CSR Strategies
Environmental Sustainability
Definition
Environmental Sustainability Pillars
CSR Environmental Strategies
Benefits
Human rights and labor practices
Definition
Human rights
Labor practices
Regulatory Frameworks
Community Development and Philanthropy
Community development
Philanthropy
Benefits
6 Role of Stakeholders in CSR and Strategic Importance of CSR
Implementation
Role of stakeholders in CSR
Internal stakeholders
External stakeholders
Stakeholder engagement strategies
Benefits of stakeholder engagement
Strategic importance of CSR implementation
Long-term benefits
Strategic objectives
Implementation strategies
Impact of globalization on CSR implementation
Globalization’s impact on CSR
Communication technology’s impact on CSR
Opportunities
Challenges
FINAL EXAMINATION
