What is corporate governance in human resource management?

Corporate governance systems are the systems through which a company is controlled and directed. Public corporations will have boards of directors responsible for ensuring that management is acting in the best interests of the company.

What is governance in human resource management?

At its core, HR Governance refers to the set of policies, practices, and structures that guide and oversee the management of an organisation's human resources.

Why is HR governance important?

Effective HR governance ensures that an organisation's people are managed efficiently and effectively and comply with legal and ethical standards. Good governance in HR helps promote transparency, accountability, and fairness in an organisation's human resource management practices, making its significance undeniable.

What is the importance of HRM corporate?

Human resources management is a very important function in every organization. Without human resources management, companies would not be able to effectively recruit and retain employees, improve and enhance the organization, and they wouldn't be able to maintain a healthy, accepting workplace culture and environment.

Who should attend this course?

This course is ideal for HR managers, HR directors, senior HR professionals, and anyone involved in strategic decision-making within the HR function.

What topics are covered in the course?

Key topics include the fundamentals of corporate governance, the role of HR in governance, ethical decision-making, compliance and risk management, stakeholder engagement, and best practices in governance.

What are the key learning outcomes?

Participants will gain a solid understanding of corporate governance principles, learn how to apply them within their HR functions, and develop skills to enhance ethical standards and compliance in their organizations.

What is the Corporate Governance for HR Managers course about?

The course provides HR managers with a comprehensive understanding of corporate governance principles, practices, and regulations. It covers the role of HR in promoting ethical standards and compliance within an organization.

Corporate Governance for HR Managers Course

Q: Why is HR governance important?

Effective HR governance ensures that an organisation&#39;s people are managed efficiently and effectively and comply with legal and ethical standards. Good governance in HR helps promote transparency, accountability, and fairness in an organisation&#39;s human resource management practices, making its significance undeniable.

Module 1: Concept and Framework of Corporate Governance
- Meaning & Concept of Corporate Governance
- Elements of Corporate Governance
- How is Management different from Ownership
- How to implement corporate governance in a startup
- Board Effectiveness, Ethics and Governance
- Business Organisation Structure
- Code of Conduct & Code of Ethics
- Governance and Board of Directors
- Board meetings - legal aspects
- Board meetings - best practices
- Checklists for Board meetings by video conferencing
- India Inc needs a two-tier board structure for effective corporate governance
- Shareholders meetings - legal and governance aspects
- Checklist for holding an annual general meeting
- Chairman’s scripts for Board and General Meetings
- Convening of meetings by video conferencing and postal ballot
- Dealing with a company - guide for third parties
- Board calendar
- Corporate governance and internal policies
- Internal reporting and escalation mechanisms
- Committee formation and governance
- Audit Committee
- Nomination and remuneration committee
- Stakeholders relationship committee
- How to manage contracts
- Managing litigations for and against a company
- Governance of foreign companies doing business in India
- Governance norms for government companies
- Governance of non-profit companies
- How to obtain information about a company
- Securing information about a company from MCA website
- How to find out directors and registered office
- How to find out other directorships of directors
- How to extract MOA and AOA
- How to extract special resolutions
- How to extract return of share allotment post investment
- Charge-related filings and their relevance
- Annual financial statements
- How to convert XBRL statements into readable form
Module 2: Directors and Key Managerial Personnel & their liability
- Appointment of directors
- Different types of directors - Executive, Non executive, Nominees, Independent directors
- Role and responsibilities of a Chairman
- Role and responsibilities of CEO. COO, CFO
- Independent directors
- Code for appointment of independent directors
- Role and responsibilities of Company Secretary
- Registers and records required to be maintained by Companies
- Managerial remuneration
- Drafting employment agreements for CXOs
- Draft minutes: First board meeting,
- Draft minutes: Accounts approval meeting
- Draft resolutions
- Board and committee terms of reference
- Draft internal policies
- Registers
Module 3: Liability of Directors
- Liabilities of Directors and officers in default
- Directors and officers liability insurance
- Strategic insights from Cyrus Mistry’s exit
- Fraud and white collar crime: Criminal and other risks for directors
- Criminal Provisions and Directors' Liability Under Regulatory Statutes
- MLM Business Structure and Direct Selling Guidelines
- Inter-corporate transactions and RPTs
- Related party transactions
- How to deal with conflicts of interest
- Holding and Subsidiary companies - Introduction
- Holding and Subsidiary Companies- Advanced Reading
- Transactions between holding and subsidiary entities
- Governance of joint ventures
- Inter-corporate transactions
- Issues related to related cross-border entities
- How to draft subsidiary governance manuals
- Checklist for entering into a related party transaction
- Draft resolutions for approval of related party transactions
- Noting of disclosure of interest in the minutes
- Draft subsidiary governance manual
- Draft legal entity management policy
- Capital Markets and Share related dealings
- Capital Markets in India
- Sources of Finance
- Rights Issue
- Creating incentives for employees
- Issue of depositary receipts
- Insider Trading
- Dividend payout norms
- Bonus issues
Module 4: SEBI regulations applicable to listed entities
- Governance in listed companies
- IPOs and regulation of listed companies
- How and When You Can List: Performance Criteria; Issue Size; Pricing; Securities that can be issued; Treatment of outstanding convertibles and warrants before issue
Module 5: Agreements to be executed for listing
- Minimum Public Shareholding Norms
- Listing Obligations and Disclosure Requirements (LODR) Regulations
- Independent Directors and Clause 49 of Listing Agreement
- Continuous Listing Requirements & Listing Agreement
- How to comply with Insider Trading Regulations
- Unfair Trade Practice Regulations
- Introduction to Takeover Code
Module 6: How do employees gain from listing?
- Delisting regulations
- Role of Auditors and Corporate Fraud
- Why should HR Managers know about accounts and financial statements?
- Accounting and the law
- Corporate fraud: Punishment, detection and reporting
- Auditors: Appointment, role and removal
- Auditor independence
- Interface of the accounting standards with the Companies Act
- Specific sections of an annual report
- How to compound violations of Companies Act, SEBI Act and Regulations
- Powers of ROC, RD, SFIO, ED
- Important notifications and circulars
- Draft directors report
- Draft resolutions and forms for appointment of auditors