Introduction to Corporate Directorship

The “Introduction to Corporate Directorship” is a foundation programme for aspiring, prospective and newly appointed directors. It is the first programme in the Directors’ Continuous Professional Development (DCPD) on improving the standards of governance in public listed companies. It is essential for the directors to understand the principles and elements of good corporate governance, the fiduciary duties and liabilities as expected under the law and what it takes to be effective within today’s business environment. The programme is intended to provide invaluable education and practical insights on effective board structures and important perspectives on their decision-making and oversight role. On the regulatory front, participants will learn about the latest development on their roles and responsibilities under the Companies Act 2016 (CA 2016) and have an overview of the Malaysian Code on Corporate Governance (MCCG) and the Corporate Governance Monitor 2019, with focus on its 3 principles and 36 Practices as well as the rationale and how they impact listed issuers.

Learning Outcomes

• Understand the principles and elements of good Corporate Governance
• Explain the role of the Board and its respective components
• Understand the duties and liabilities of being a director
• Know what it takes to be an effective director
• Understand the fiduciary duties of being a director under the CA2016
• Know the expectations of the MCCG in terms of the twelve intended outcomes