Corporate Governance and Ethics

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Syllabus

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