Corporate Governance and Ethics

• Sit Corporate Governance and Ethics with a clear exam plan
• Work through recent-style questions with marking schemes
• Download notes and recordings for offline study

Syllabus

1. 1 JAN-APRIL 2026 Lesson
2. 2 SEPT-DEC 2026 Lesson
3. 3 SEPT-DEC 2025 Lesson
4. 4 1. Overview of Corporate Governance and Ethics Lesson
5. 5 1.1 Defining corporate governance Topic
6. 6 1.2 Importance of corporate governance and ethics Topic
7. 7 1.3 Pillars of good corporate governance Topic
8. 8 1.4 Principlesof good corporate governance Topic
9. 9 1.5 Comparative corporate governance system Topic
10. 10 1.6 Evolution of corporate governance Topic
11. 11 1.7 New models for corporate governance and ethics Topic
12. 12 1.8 Ethics and the law Topic
13. 13 1.9 University of ethics Topic
14. 14 2. Theories of Corporate Governance and Ethics Lesson
15. 15 2.1 Agency Theory Topic
16. 16 2.2 Stewardship Theory Topic
17. 17 2.3 Stakeholder Theory Topic
18. 18 2.4 Legitimacy Theory Topic
19. 19 2.5 Resource dependance theory Topic
20. 20 2.6 Political theory Topic
21. 21 2.7 Transaction cost theory Topic
22. 22 2.8 Deontology Theory Topic
23. 23 2.9 Ulititarianism Theory Topic
24. 24 2.10 Rights Theory Topic
25. 25 2.11 Virtue Theory Topic
26. 26 3. Board governance models Lesson
27. 27 3.1 Advisory board Topic
28. 28 3.2 Patron governance model Topic
29. 29 3.3 Cooperative model Topic
30. 30 3.4 Management team model Topic
31. 31 3.5 Policy board model Topic
32. 32 3.6 Fund raising board model Topic
33. 33 3.7 Traditional Model Topic
34. 34 3.8 Carver board model Topic
35. 35 3.9 Cortex Board model Topic
36. 36 3.10 Consensus board model Topic
37. 37 3.11 Competency board model Topic
38. 38 3.12 Governance of family-owned firms Topic
39. 39 3.13 Emerging Board governance models: case study of independent offices and constitutional commissions in Kenya Topic
40. 40 4. The Board of Directors Lesson
41. 41 4.1 Appointments Topic
42. 42 4.1.1 Appointments of directors, composition and size Topic
43. 43 4.1.2 Appointment of the Chair Topic
44. 44 4.1.3 Appointment of the CEO Topic
45. 45 4.1.4 Appointment of Corporate Secretary/Governance Professional Topic
46. 46 4.1.5 Appointment of external auditor Topic
47. 47 4.2 Governance body roles and responsibilities Topic
48. 48 4.2.1 The legal context Topic
49. 49 4.2.2 The role of the Chair Topic
50. 50 4.2.3 Separation of roles of the Chairman, CEO and Corporate Secretary Topic
51. 51 4.2.4 Board induction and continuous skills development Topic
52. 52 4.2.5 The role of the board and management Topic
53. 53 4.2.6 CEO and other executives’ succession planning Topic
54. 54 4.2.7 Strategy performance and reporting Topic
55. 55 4.2.8 Policy Topic
56. 56 4.2.9 Oversight Topic
57. 57 4.2.10 Accountability Topic
58. 58 4.3 Board Performance assessment and effectiveness Topic
59. 59 4.3.1 Board structure and composition Topic
60. 60 4.3.2 Board Procedures Topic
61. 61 4.3.3 Board functions and behaviors Topic
62. 62 4.3.4 Advancing corporate governance from compliance to competitive advantage Topic
63. 63 4.3.5 Assessing performance and renumeration of directors and senior management Topic
64. 64 4.3.6 Board effectiveness Topic
65. 65 5. Internal Corporate Documents Lesson
66. 66 5.1 Constitutive documents including memorandum association, articles of association, Bylaws, Trusteed and constitution Topic
67. 67 5.2 Shareholder agreements Topic
68. 68 5.3 Board manual and charter Topic
69. 69 5.4 Board annual work plan Topic
70. 70 5.5 Internal regulations of the organisation Topic
71. 71 5.6 Codes of Corporate Governance Topic
72. 72 5.7 Codes of Ethics Topic
73. 73 5.8 Performance evaluation tools Topic
74. 74 6. Governance of Risk Lesson
75. 75 6.1 Strategic risk and the board Topic
76. 76 6.2 Risk appetite framework Topic
77. 77 6.3 Different types of risk Topic
78. 78 6.4 Board oversight functions Topic
79. 79 6.5 Internal control framework Topic
80. 80 6.5.1 Internal auditor Topic
81. 81 6.5.2 External auditor Topic
82. 82 6.5.3 Audit Committee Topic
83. 83 6.5.4 Internal audit guidelines and procedures Topic
84. 84 6.6 Compliance risk Topic
85. 85 6.7 Best practices for overseeing risk, assurance and reporting Topic
86. 86 7. Environmental, Social and Corporate Governance (ESG) Framework Lesson
87. 87 7.1 Environmental protection Topic
88. 88 7.2 The triple bottom line Topic
89. 89 7.3 Social audit Topic
90. 90 7.4 Sustainability Topic
91. 91 7.5 Diversity Topic
92. 92 7.6 Corporate reputation and image Topic
93. 93 7.7 Corporate Social Responsibility: Strategies, policies, ethical issues and impact of CSR Topic
94. 94 7.8 Shareholder and stakeholder relations Topic
95. 95 7.9 Stakeholder rights, interests and obligations Topic
96. 96 7.10 Stakeholder dispute resolution Topic
97. 97 7.11 The dynamics of institutional investors Topic
98. 98 8. Ethical Behavior Lesson
99. 99 8.1 Understanding ethics, morality, values and integrity Topic
100. 100 8.2 Ethics versus regulation Topic
101. 101 8.3 Ethics and corporate governance Topic
102. 102 8.4 Roles of the board in promoting ethical conduct Topic
103. 103 8.5 Defining business ethics Topic
104. 104 8.6 Key components of ethical policy Topic
105. 105 8.7 Ethical culture Topic
106. 106 8.8 Resolving ethical dilemmas Topic
107. 107 8.9 Conflict of interest and related party transactions Topic
108. 108 8.10 Insider trading Topic
109. 109 8.11 Standards of conduct and personal integrity Topic
110. 110 8.12 Becoming a transparent organisation Topic
111. 111 8.13 Organisational integrity Topic
112. 112 8.14 Whistle blowing Topic
113. 113 8.15 Ethics and technology Topic
114. 114 8.16 Ethics and globalisation Topic
115. 115 8.17 Transparence and disclosure in promotion of corporate ethical culture Topic
116. 116 9. Compliance with Laws and Regulations Lesson
117. 117 9.1 Overview of legal and regulatory framework on governance and ethics Topic
118. 118 9.2 Constitutional provisions on governance and ethics Topic
119. 119 9.3 Compliance strategy Topic
120. 120 9.4 Legal and compliance audit Topic
121. 121 9.5 Role of professional and regulatory bodies in promoting governance and ethics Topic
122. 122 9.6 International legislative and regulatory frameworks Topic
123. 123 10. Contemporary issues and Case Studies in Corporate Governance and Ethics Lesson
124. 124 Sample reading and reference material Lesson
125. 125 1. Kiambati K, Mwiti E, & Karanja J (2019). Corporate Governance and Ethics. Aura Publishers, Nairobi Topic
126. 126 2. Mwiti E, Kiambati K, & Karanja J (2019). Public Governance, Policy and Administration Aura Publishers, Nairobi. Topic
127. 127 3. Appiah, K.O (2013), Corporate Governance and Corporate Failure: Evidence from UK listed firms. Loughborough University. United Kingdom https://dspace.lboro.ac.uk/2134/13576 Topic
128. 128 4. Bhaduri, S. N., & Selarika, E. (2016). Corporate governance: An overview in corporate governance and corporate social responsibility of Indian companies. The Oxford Handbook of Corporate Social Responsibility. Topic
129. 129 5. Naciri, A. (2008). Corporate governance around the world. Corporate Governance Around the world. https://doi.org/10.4324.9780203930670 Topic
130. 130 6. Keasey, K., Thompson, S., & Wright, M. (2005). Corporate Governance, Economic, Management and Financial Issues982 Corporate Governance, Economic, Management and Financial Issues. Oxford University Press, 1997. pp. 308 Hardback. Managerial Auditing Journal. https://doi.org/10.1108/maj.2005.13.6.390.2 Topic
131. 131 7. Kasneb e-learning resources (link on kasneb website) Topic
132. 132 8. Kasneb approved study packs. Topic