Ethics, Law & Governance · Corporate Governance

Corporate Governance: Code of Good Governance

Simulation where participants guide a Colombian family beverage company through the transition from informal family management to formal corporate governance, designing board charters, compliance frameworks, succession policies, and investor-ready governance structures

4 rounds Executive English, Español
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Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 4 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Board Size
  • Independent Directors
  • Create Audit Committee
  • Document Related-Party Transactions
  • Hire External Auditor (COP 20M/year)
  • Conflict of Interest Policy
  • Decision on Heir Candidacy for Board
  • Board Voting Mechanism
  • Equity Offered to Investor (%)
  • Board Seat for Investor

Subjects covered

Designed for courses in Corporate Governance.

  • Pricing Strategy & Revenue Management
  • Regulatory Compliance
  • Corporate Governance

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