Stakeholders and corporate governance - part 2
Taught by Ben Wilson · AI tutor support included
In this lesson, you'll learn the core principles and practical elements of corporate governance that underpin how well-run companies operate.
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In this lesson
- 0:00 Corporate governance principles and overview
- 0:28 UK Corporate Governance Code requirements
- 5:02 Workforce values and diversity policies
- 5:58 Example question and common misconceptions
- 7:42 Key learning summary
About this lesson
You'll explore what makes governance effective—from risk management and supervision to accountability and stakeholder engagement—and understand the difference between following the letter of the law and its spirit, using real examples like tax planning strategies. You'll then dive into the specific requirements of the UK Corporate Governance Code, including the composition and role of the board, the importance of setting the right tone from the top, and how policies on remuneration, controls, and workforce values filter through an organisation. By the end, you'll be able to distinguish between corporate governance and corporate social responsibility, and apply these concepts to exam-style questions—essential knowledge for ACCA and CIMA qualifications where governance forms a key part of your understanding of how organisations should be directed and controlled.
Duration: 9m
Transcript
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