Corporate Governance and Risk Management
Discover the qualities that effective corporate directors and managers demonstrate. Examine concepts that underpin corporate governance. You’ll define what makes an organisation socially responsible, and understand how to manage risk in an organisational context.
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Established in 1991 after amalgamating four eastern Australian Catholic tertiary institutes, Australian Catholic University now has seven campuses, from Brisbane to Melbourne and welcomes students of all beliefs. Specialising in arts, business, education, health sciences, law, theology and philosophy, ACU encourages its students to think critically and ethically and bring change to their communities and offer this online through Open Universities Australia.
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Our student advisors are here to guide you with:
- Enrolling and eligibility
- Fee and loan information
- Credit and recognition for prior learning
On completion of this subject students should be able to:
- Examine the concept of corporate governance and the role of managers and directors in creating socially responsible organisations in a local and national context;
- Analyse and appraise the role of corporate governance in risk management when responding to various stakeholders’ needs
- Critically analyse leadership and management processes in organisations with respect to governance and policy compliance taking into account their stewardship role of the organisations
- Evaluate the conceptual, contextual and ethical issues which bear upon corporate decision making with respect to corporate governance and risk management
- Apply contemporary strategic, risk management and compliance process in a workplace to ensure effective stewardship of organisations
- Defining corporate governance, the corporation, managing and governing
- The history of corporate governance including models and theories of governance
- Corporate responsibility, business ethics and organisational stewardship
- Types of legal structures for profit and not-for-profit organiations and their implications (including the Australian Charities and Not-for-profits Commission (ACNC).
- The law and standards as they relate to corporate governance.
- Roles, responsibilities and development of the board and the chair, executive and non-executive directors, CEO, company secretary and board committees.
- Board process, effective board meetings and other governance processes.
- Enterprise risk management
- Risk management concepts and processes
- Strategic versus operational risk management
In order to enrol in this subject, you must be accepted into one of the following degrees:
No additional requirements
Management’s understanding and ability to ensure best practice in corporate governance and risk management are seen as being of critical importance to an organisation. This subject provides an introduction to the theoretical, conceptual and ethical issues which impinge on the way in which corporate directors and managers work, solve problems and interact with their employees, shareholders, clients, government and statutory agencies, and the community at large. The nature of governance will be examined against a background of how ethical perspectives influence decision-making. Risk management will be examined in detail given its vital role in corporate governance.
- Reflective Report (30%)
- Presentation and script (30%)
- Critical Report (40%)