Course Syllabus

STI VISION: STI INSTITUTIONAL OUTCOMES:

To be the leader in innovative and relevant education that
nurtures individuals to become competent and responsible Character (IO1): An STIer is a person of character. An STIer takes responsibility for his/her actions, treats people
members of society with respect, and lives with integrity.

STI MISSION: Critical thinker (IO2): An STIer is a critical thinker. An STIer challenges and analyses all information through sound
We are an institution committed to provide knowledge through questioning and is unafraid to push for creative ideas.
the development and delivery of superior learning systems.
Communicator (IO3): An STIer communicates to understand and be understood. An STIer discerns the value of
We strive to provide optimum value to all our stakeholders - our information read or heard and effectively expresses his/her own emotions when sharing information, may it be
students, our faculty members, our employees, our partners, our spoken or written.
shareholders, and our community.
Change-adept (IO4): An STIer is change-adept. An STIer can adjust, adapt, and reinvent continuously to changing
We will pursue this mission with utmost integrity, dedication, circumstances. An STIer believes in letting go of the old and embracing the new to achieve his/her fullest potential.
transparency, and creativity.
SERIAL NUMBER: COURSE TITLE: GOVERNANCE, BUSINESS ETHICS, RISK MANAGEMENT AND CREDIT: 3 units (3 hours lecture per week)
INTERNAL CONTROL
COURSE DESCRIPTION: This course is designed to prepare students for a high standard of responsibility as they enter the corporate world which continues to change
in dramatic ways, where demand for competency and professionalism is always present. It aims to prepare them to be future business leaders
who will play a central part in the management and resolution of critical issues involving businesses and people. They will also be equipped
with basic knowledge and skills to thrive in difficult situations like economic volatility and geo-politics, among other timely issues. Topics
covered include leadership as it relates to the professional accountant, the recognition and management of risks concerning an enterprise,
and the
application of internal control concepts and standards so as to contribute to organizational stability and growth.
PREREQUISITE: None
COURSE OUTCOMES: After successful completion of this course, the student should be able to:
CO1. Explain the basic concepts, principles, and practices associated with corporate governance;
CO2. Apply the concepts of risk management and internal control in the context of business case studies; and
CO3. Formulate solutions to business problems in the areas of ethics and sustainability.
MANDATED BOOK: None

PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:

Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL
 REFERENCES: 1. Capaldi, N., Idowu, S., & Schmidpeter, R. (2017). Dimensional corporate governance. Switzerland: Springer Nature
2. Conrad, C. (2018). Business ethics - a philosophical and behavioral approach. Switzerland: Springer International Publishing.

PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:

Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL
 3. Low, C. & Plessis J. (2017). Corporate governance codes for the 21st century. Switzerland: Springer Nature
4. Yilmas A. & Flouris, T. (2017). Corporate risk management for international business. Singapore: Springer Nature.
COURSE REQUIREMENTS:  Lecture Discussion
 Major Examinations
 Case analysis
 Quizzes
 Assignments
 Task Performance
GRADING SYSTEM: The following percentage distribution shall be followed:
Prelims 20%
Midterms 20%
Pre-finals 20%
Finals 40%
100%

The following are the recommended periodical grade components for this course:

Class Participation (Recitation, Quiz, etc.) 20%

Task Performance 50%
Major Examination 30%
100%
We’d be glad to hear from you. For questions or feedback on this course, feel free to email us through [email protected]

PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:

Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL
 Course Outline
LEC Student Teaching and
Learning Objectives (LO) Week TOPICS Slides I-Guide Assessment Tasks
Hours Handouts Learning Activities
1 Explain the importance of 1 3 INTRODUCTION AND OVERVIEW Discussion Short Essay
corporate governance (CO1) What is corporate governance and
why is it important? Seatwork Assignment
Key corporate governance
mechanisms Recitation eLMS Activity
Shareholder versus stakeholder
models
2 Assess the regulatory 2 3 CORPORATE GOVERNANCE REGULATORY Discussion Digital Learning
approaches to corporate APPROACHES, FRAMEWORK, RULES, AND
governance (CO1) ENFORCEMENT Seatwork Assignment
Regulatory approaches to corporate
governance Recitation eLMS Activity
Overview of the corporate governance
regulatory framework and key sources
The “comply or explain” approach
Implementation and enforcement of
corporate governance rules
3 Evaluate the corporate 3 3 OVERVIEW OF CORPORATE Discussion Case study
governance framework of a GOVERNANCE ISSUES IN LISTED
listed company (CO1) COMPANIES
Corporate governance framework of a Seatwork Assignment
listed company and the role of key
players Recitation eLMS Activity
Corporate governance challenges for
different types of companies
Corporate governance issues
4 Identify the board 4 3 BOARD OF DIRECTORS Discussion Task Performance
composition and their roles in Board powers, duties and
corporate governance (CO1) responsibilities
Seatwork Assignment
PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:
Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL
 LEC Student Teaching and
Learning Objectives (LO) Week TOPICS Slides I-Guide Assessment Tasks
Hours Handouts Learning Activities
Board composition – competencies and
independence Recitation eLMS Activity
Board diversity
Board leadership
Board size
Board committees
Other key corporate governance
practices
5 1 PRELIMINARY EXAMINATION Periodical Paper-and-pencil test
Examination
5 Determine the rules and 6 3 EXECUTIVE AND DIRECTOR Discussion Short Essay
guidelines of executive and REMUNERATION
director remuneration (CO1) Overview of rules, principles and Seatwork Assignment
guidelines
Structure of executive remuneration Recitation eLMS Activity
Performance measures
Different types of performance-based
remuneration
Risks associated with pay for
performance
Non-executive director remuneration
6 Demonstrate the board 7 3 RESPONSIBILITY OF THE BOARD OVER Discussion Digital Learning
responsibilities over THE GOVERNANCE OF RISK
governance of risk (CO1) Board responsibility over the
governance of risk Seatwork Assignment
Role of audit and risk committees
Role of internal audit and external audit Recitation eLMS Activity
functions
Integrated assurance
7 Analyze the risk management 8 3 ENTERPRISE RISK MANAGEMENT Discussion Case Study
standards of global businesses Risk management standards
Key categories of risks Seatwork Assignment

PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:

Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL
 LEC Student Teaching and
Learning Objectives (LO) Week TOPICS Slides I-Guide Assessment Tasks
Hours Handouts Learning Activities
in the context of case studies Risk definitions – risk appetite and Recitation eLMS Activity
(CO2) tolerance
Risk management structure in
organizations and the lines of defence
8 Apply the concepts of internal 9 3 INTERNAL CONTROL AND REVIEW Discussion Task Performance
control and review in the Management control systems in
context of business cases corporate governance Seatwork Assignment
(CO2) Internal control, audit and compliance
in corporate governance Recitation eLMS Activity
Internal control and reporting
10 1 MIDTERM EXAMINATION Periodical Paper-and-pencil test
Examination
9 Assess the risks attributed to 11 3 IDENTIFYING AND ASSESSING RISK Discussion Assignment
global businesses in the Risk and the risk management process
context of case studies (CO2) Categories of risk Seatwork eLMS Activity
Identification, assessment and
measurement of risk Recitation
Techniques for identifying risks
10 Formulate risk control 12 3 CONTROLLING RISK Discussion eLMS Activity
measures for global Targeting and monitoring risk
businesses (CO2) Methods of controlling and reducing risk Seatwork
Risk avoidance, retention and modelling
11 Develop a compliance 13 3 COMPLIANCE MANAGEMENT Discussion eLMS Activity
management system for a Essentials of successful compliance
proposed business (CO3) program Seatwork
Significance of Compliance
Devising proper systems to ensure Recitation
compliance
Internal compliance reporting
mechanisms
Use of technology for compliance
management.

PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:

Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL
 LEC Student Teaching and
Learning Objectives (LO) Week TOPICS Slides I-Guide Assessment Tasks
Hours Handouts Learning Activities
14 1 PRE-FINAL EXAMINATION and Periodical Paper-and-pencil test
SUBMISSION OF CASE ANALYSIS Examination
12 Demonstrate the code of 15 3 ETHICS & BUSINESS Discussion Task Performance
ethics, policies, and fair Ethics
business practices (CO3) Business Ethics Seatwork Assignment
Organization Structure and Ethics
Addressing Ethical Dilemmas Recitation eLMS Activity
Code of Ethics
Policies
Fair practices and frameworks
13 Propose sustainability 16 3 SUSTAINABILITY Discussion Assignment
practices in the context of Corporate Social Responsibility
business case studies (CO3) Corporate Sustainability Reporting Seatwork eLMS Activity
Framework
Legal Framework Recitation
Conventions
Treaties on Environmental and Social
Aspects,
Triple Bottom Line
14 Apply the sustainability 17 3 BUSINESS SUSTAINABILITY MODELS Discussion Assignment
models in measuring Risk Adjusted Return on Capital
organizational performance Economic Value Added (EVA) Seatwork eLMS Activity
(CO3) Market Value Added (MVA)
Sustainable Value Added Approach Recitation
18 1 FINAL EXAMINATION and SUBMISSION Periodical Paper-and-pencil test
OF TASK PERFORMANCE Examination

PREPARED BY: VERIFIED BY: REVIEWED BY: APPROVED BY:

Patrick A. Cuyos Alyanna R. Tobias, Ed.M Kristine E. Lu, M.Ed EL Maria Isabel Q. Hipolito, M.Ed EL