Level
Fundamentals.
Course description
This course seeks to provide subsidiary board directors with an understanding of the construct of boards in subsidiary and joint venture companies and the unique governance issues involved. The presenter will explain the principle of separate legal entity and share case studies to highlight practical and legal issues that may arise in boards of subsidiary entities. The roles and responsibilities of subsidiary boards related to corporate governance, best practices and tips on managing sustainability reporting, cross border and political issues are explained in the course.
Course objectives
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Examine the principle of separate legal entity.
- Explain the traditional roles, duties and responsibilities of a director.
- Highlight the corporate structures of subsidiary and joint venture companies.
- Explain the responsibilities and liability risks of subsidiary directors.
- Illustrate with case studies on how conflicts of interest may arise in corporate groups.
- Share best practices to bolster corporate governance in subsidiary and joint venture companies.
Course outline
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Separate legal entity.
- Traditional director’s roles, duties and responsibilities.
- Subsidiary and joint venture structures.
- Subsidiary director’s roles, duties and responsibilities.
- Personal liability risks.
- Conflicts of interest in corporate groups.
- Other issues that may arise in subsidiary and joint venture entities.
Target audience
Aspiring and new directors of subsidiary and joint venture companies, senior management and governance professionals.
Course duration
Half day.
Format
Presentation with case studies, followed by panel discussion and Q&A.
Course Fee
In-person
SID members: $291.60 (incl. 8% GST)
Non-members: $421.20 (incl. 8% GST)
Online
SID members: $280.80 (incl. 8% GST)
Non-members: $399.60 (incl. 8% GST)
CPD hours
2 hours.