Subject Brief

This Subject Brief is a summary document containing formal subject information which is approved
by Academic Board. More detailed subject information is provided to students in the Subject
Learning Portal.

8005CGOV Corporate Governance (AQF 8)

1. Subject Details

Subject Name: Corporate Governance

Subject Code: 8005CGOV
AQF Level: 8
Credit Points: 10

2. Associated Courses

Course Position in Course

Graduate Certificate in Management (40 Credit Points, AQF 8) Elective Subject
Graduate Certificate in Research Methodologies (40 Credit Points, AQF Elective Subject
8)
Graduate Diploma in Management (80 Credit Points, AQF 8) Core Subject
Master of Business Administration (120 Credit Points, AQF 9), also Core Subject
including specialisations:
Master of Business Administration (Finance) Core Subject
Master of Business Administration (Human Resource Management) Core Subject
Master of Business Administration (Marketing Management) Core Subject
Master of Business Administration (Entrepreneurial Management) Core Subject
Master of Business Administration (Logistics and Supply Chain Core Subject
Management)
Master of Management (120 Credit Points, AQF 9) Elective Subject

3. Delivery Modes

Online only

© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 1
4. Student Workload

Aligned with the volume of learning requirements of the Australian Qualifications Framework one
AIB 10 credit point subject nominally involves 150 hours of study per subject. Study-related activities
may include independent study, interaction with staff and peers, reflection, application in the
workplace, assignment work and other.

5. Duration

8 weeks (including reflection/break week)

6. Pre-requisites

None

7. Subject Summary

This subject examines the development, concepts, and significance of the concepts and practice of
Corporate Governance, and organisational governance within the context of organisational capacity
building.

8. Subject Purpose

Managers need to have a good understanding of the key issues and concepts relevant to the practice
of good corporate governance in order to be able to contribute to improving corporate
performance.

9. Subject Learning Outcomes (SLOs)

On completion of this subject, students should be able to meet the Subject Learning Outcomes
outlined below. Each SLO is mapped against the requirements of the AQF Level.

Number Subject Learning Outcomes AQF Level Mapping

1 Demonstrate advanced understanding of contemporary Knowledge
corporate governance theory, frameworks, and practice.
2 Critically evaluate and effectively communicate complex Skills; Application of
concepts to recommend improvements relating to corporate Knowledge and Skills
governance and organisational issues.
3 Apply corporate governance laws, theory, and techniques to Skills; Application of
professional practice in an ethical manner. Knowledge and Skills

© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 2
10. Assessment Type, Weighting and Mapping

If any of the assessment items are not submitted, the final composite mark a student/candidate can
receive for the Subject will be capped at 50% (irrespective of their final assessment mark and grade).
For further guidelines on assessments, refer to the Assessment Policy and Procedure.

Assessment Assessment Type Assessment Weighting Subject

Number and length/size Due Date (must total Learning
100%) Outcomes
Assessment 1: Report Tuesday 40% 1,2, 3
e.g. critical review (2,000 words) Week 4
of the board
structure
Assessment 2: Report Thursday 60% 1,2,3
e.g. critical (2,500 words) Week 7
evaluation of a
corporate
governance issue

11. Academic Integrity and Verbal Submissions

To support the academic integrity of AIB’s assessment, a random selection of submitted final
assignments in each Term require students to present a verbal summary and respond to several
questions. The student must verbally demonstrate sufficient knowledge to validate that the work is
their own. Students selected must attend the meeting with the Subject Coordinator (or nominee)
and those who do not attend will be awarded a zero for the assignment.

12. Key Subject Topics

• Governance and Management

• The Governance Partnership: Investors, Companies and Directors
• The Regulatory Framework
• Theories and Philosophies of Corporate Governance
• Functions of the Board
• Corporate Risk Assessment
• Corporate Social Responsibility and Sustainability
• Director’s Capabilities and Responsibilities
• The Reality of the Boardroom
• Corporate Governance in Practice
• Assessment of Directors, Boards, and Companies
• Corporate Governance and the Future: The Next Thirty Years

More detailed content of the modules covered is included on the Student Learning Portal.

13. Textbook

The prescribed textbook for this subject is:

Tricker, B 2019, Corporate governance: Principles, policies and practice, 4th edn, Oxford University
Press, London (ISBN: 9780198809869 or 9780192559197).
© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 3
 For further information on the prescribed edition and where to purchase textbooks please refer to
the textbook list on the Student Learning Portal.

In addition, relevant articles, journals, and other resources are made available to students via the
AIB Online Library.

14. Constructive Alignment

Learning outcomes for each Course are covered by all Subjects, in combination within a Course and
individual Subjects are not designed to cover all Course Learning Outcomes. The Subject Learning
Outcomes (SLO) are as per section 9 of this Subject Brief.

14.1 Graduate Certificate in Management (GCM) alignment

GCM Course Learning Outcomes SLO1 SLO2 SLO3

Demonstrate understanding of contemporary business
x x x
theory and practice.
Apply leadership and team membership skills needed
for designing and coordinating business change and
innovation.
Demonstrate ability to apply innovative approaches,
techniques, and ethical perspectives to the solution of x x
business problems.
Evaluate key management concepts and organisational
x x
issues and make evidence-based decisions.
Present or transfer knowledge, skills, and ideas to
x x
others clearly, persuasively, and credibly.
Evaluate methodologies and synthesise existing
research to enable the planning and execution of
scholarly work.

14.2 Graduate Certificate in Research Methodologies (GCRM) alignment

GCRM Course Learning Outcomes SLO1 SLO2 SLO3

Demonstrate knowledge of the literature in one or
x
more business-related disciplines.
Demonstrate significant knowledge of research
methodologies with a particular focus on the use of
x x
case studies, action research, mixed methods,
quantitative, and/or reflective practice.
Evaluate and communicate new or complex
management issues with creativity, initiative, personal
x x
autonomy, ethical accountability and applying them in
a professional workplace setting.
Generate and communicate ideas and evaluate
complex concepts relating to a specialised research x x
project.

© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 4
 14.3 Graduate Diploma in Management (GDM) alignment

GDM Course Learning Outcomes SLO1 SLO2 SLO3

Demonstrate well informed understanding of
x x x
contemporary business theory and practice.
Apply well developed leadership and team membership
skills needed for designing and coordinating business
change and innovation.
Demonstrate ability to apply innovative approaches,
techniques, and ethical perspectives to the solution of x x
business problems.
Evaluate key management concepts and organisational
x x
issues and make evidence-based decisions.
Present or transfer knowledge, skills, and ideas to
x x
others clearly, persuasively, and credibly.
Evaluate methodologies and existing research to enable
the planning and execution of sound scholarly work.

14.4 Master of Business Administration (MBA) alignment (including specialisations)

MBA Course Learning Outcomes SLO1 SLO2 SLO3

Demonstrate advanced understanding of contemporary
x x x
business theory and practice.
Apply leadership and team membership skills needed
for designing, implementing, and coordinating business
change and innovation.
Demonstrate ability to apply innovative approaches,
techniques, and ethical perspectives to the solution of x x
business problems.
Evaluate complex management concepts and
organisational issues and make evidence-based x x
decisions.
Present or transfer knowledge, skills, and ideas to
x x
others clearly, persuasively, and credibly.
Evaluate methodologies and synthesise existing
research to enable the creative planning and execution
of applied scholarship.

© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 5
 14.5 Master of Management (MMgt) alignment

MMgt Course Learning Outcomes SLO1 SLO2 SLO3

Demonstrate advanced understanding of disciplinary x
and sector concepts, theories, principles, and practices.
Critically analyse, reflect on, and evaluate disciplinary x x
and sector concepts, theories, principles, and complex
management practices in a professional workplace
setting with creativity, initiative, personal autonomy,
and ethical accountability.
Generate and communicate ideas and evaluate complex x x
concepts relating to the management research project.
Develop a proposal and obtain ethics approval for a
systematic investigation in a management related
context in a professional workplace setting.
Design and conduct a substantial research project in a
business or professional workplace setting.

© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 6
 Appendix – AIB Graduate Qualities

Graduate Qualities: This subject is designed to develop Graduate Qualities 1, 5 and 6.

AIB is committed to developing graduates who have the skills to be able to:

1. Commit to ethical practice, professional integrity and principled behaviour.

2. Communicate effectively in all mediums and genuinely listen to the views of others.
3. Critically evaluate information from diverse sources to make informed and timely decisions.
4. Be curious and adaptive; seek out new knowledge and ideas and be receptive to different
approaches and perspectives.
5. Engage respectfully and effectively with others and embrace and welcome diversity.
6. Be strategic, resilient and authentic leaders, mindful of the impact of decisions and
behaviours on others.
7. Be committed to social, cultural, business and environmental sustainability.

Graduate Qualities are as per Graduate Qualities Policy, V6 (29 September 2022)

© Australian Institute of Business V7.2– Academic Board approved 1 February 2023, effective Term 2, 2023 7