Introduction
Internal governance refers to how policies are established and operations are monitored to ensure that employees and management act reasonably, ethically, and within the law. Corporate Governance will help establish a clear skillset for company directors, allowing them to reconcile external and internal controls, risk management, competitive behavior, and adherence to corporate law. This course clearly discusses the two main aspects of internal and external forms of governance. Stakeholders can be viewed as close or expansive. This course will teach you that close stakeholders include groups or individuals on which the organization is dependent on its continued survival while expansive stakeholders are groups or individuals who can affect the achievement of an organization's objectives. You will also look into market failure, laws and regulations, consumer protection, the influence of suppliers, employment law, institutional investors, and financial institutions.