Page 7 - Microsoft Word - 00 P1 IW Prelims.docx

Chapter 1

The theory of governance

Outcome

By the end of this session you should be able to:

 define and explain the meaning of corporate governance

 analyse the purposes and objectives of corporate governance

 explain, and apply in the context of corporate governance, the key underpinning
concepts

 explain and evaluate the roles, interests and claims of the internal parties
involved in corporate governance

 explain and evaluate the roles, interests and claims of the external parties
involved in corporate governance

 define and explain the key concepts in agency theory

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Integrated Workbook can be
found in Chapter 1 of your Study Text

1