‘Global market forces will sort out those companies that do not have sound corporate governance,’ said the Financial Secretary of the Hong Kong Government in 2009 and it is as true as ever. It is trite that corporate performance can only be as good as the quality of the decisions made by the directors. The recent rise of shareholder activism in Asia shows that activist shareholders such as hedge funds will not hesitate to fight the listed companies with poor corporate governance. We must not forget the wisdom of Warren Buffet when he said, ‘Only when the tide goes out do you discover who’s been swimming naked.’
Increasingly listed companies need their directors and company secretaries to have an exceptional understanding of both business and legal issues to be able to address complex corporate governance challenges such as securities regulation, risk management, and regulatory compliance. Graduates of the MSc in Corporate Governance and Compliance (MScCGC) will be eligible to apply for full exemption from the examination requirements of The Institute of Chartered Secretaries and Administrators (ICSA) and The Hong Kong Institute of Chartered Secretaries (HKICS). Graduates who go on to become members of HKICS are qualified for appointment as company secretaries of listed companies under the Listing Rules of the Stock Exchange of Hong Kong. Membership of HKICS is one of the three professional qualifications recognised by the Stock Exchange of Hong Kong as necessary for fulfilling this position.
Our teaching team comprises of dedicated academics and experienced legal and accounting practitioners with boardroom experience. This programme can also benefit those who work closely with directors and company secretaries such as senior executives, lawyers and accountants.
Dr Davy Wu
MSc in Corporate Governance and Compliance
School of Business
Hong Kong Baptist University