Corporate Governance: Effectiveness and Accountability in the Boardroom
OVERVIEW
The role of a board member calls for a distinct set of skills and capabilities that cannot necessarily be drawn from the skill set one develops from prior management experience. Effective board membership requires a reorientation to shareholders and an understanding of the interests of multiple constituencies. In this ISS-RiskMetrics accredited program, you will improve your understanding of the responsibilities of board membership and develop the skills and strategic insight needed to become a more effective director. With top faculty from the Kellogg School of Management in collaboration with Ernst & Young, you will learn frameworks that can move the board beyond compliance to the creation of opportunities for long-term value.
KEY TOPICS
- Accounting and the Audit Function
- Corporate Finance and Capital Budgeting
- Responding to Crises (Crisis Simulation Exercise)
- Group Interaction and Negotiation
- Roles and Responsibilities of the Compensation Committee
- Legal Liabilities and Corporate Law
PROGRAM OBJECTIVES
- Use case analysis to understand board operations, functions, and organizations
- Master the ability to strategically respond to boardroom dynamics
- Analyze the role of the board vis-à-vis management, internal auditors, and external auditors
- Understand current practices in top executive compensation
- Examine board duties in mergers and acquisitions
PROGRAM FACULTY
- Donald P. Jacobs, Co-Academic Director; Dean Emeritus, Kellogg School of Management; Gaylord Freeman Distinguished Professor of Banking; Kellogg School of Management
- Thomas Z. Lys, Co-Academic Director; Eric L. Kohler Chair in Accounting and Professor of Accounting Information and Management, Kellogg School of Management; Professor of Law, Northwestern University School of Law
- Stephen E. Almassy, Partner, Americas Assurance Leader, Ernst & Young LLP
- Leslie J. Brorsen, Americas Director Office of Public Policy, Ernst & Young LLP
- Dennis H. Chookaszian, Chairman, Financial Accounting Standards Advisory Council; Retired Chairman & CEO, CNA Insurance Companies
- Daniel Diermeier, IBM Distinguished Professor of Regulation and Competitive Practice; Director of the Ford Motor Company Center for Global Citizenship, Kellogg School of Management
- Michael E. Lavin, Former Midwest Area Managing Partner of KPMG LLP; Director of Integrys Energy Group, Inc., SPSS Inc., and Tellabs, Inc.
- Charles W. Mulaney Jr., Corporate partner with Skadden, Arps, Slate, Meagher & Flom; Expert in director liability
- Margaret A. Neale, John G. McCoy-Banc One Corporation Professor of Organizations and Dispute Resolution and former Academic Associate Dean of the Graduate School of Business at Stanford University
- David S. Ruder, Former Chairman of the U.S. Securities and Exchange Commission (1987-1989); William W. Gurley Memorial Professor of Law; Former dean of the School of Law, Northwestern University
PROGRAM FEE
$8,950
CONTACT INFORMATION
Mail:
Kellogg School of Management
Executive Education
James L. Allen Center
2169 Campus Drive
Evanston, IL 60208-2800
Telephone: 847-467-7000
E-mail: ExecEd@kellogg.northwestern.edu
Website: www.kellogg.northwestern.edu/execed
