CGF ARTICLES, OPINIONS & EDITORIALS
Advertorial issued by CGF Research Institute
What is now crystal clear for directors and prescribed officers -- particularly since the launch of the Companies Act 2008 (‘the Act’) -- is the fact that the personal liability as attached to directors
and prescribed officers
of any type of business operation, is unparalleled to years gone by.
Article by Terrance M. Booysen and reviewed by Andrew Johnston (Altron Limited: Group Company Secretary)
It is interesting to Google the words ‘broken boards’. Unsurprisingly, the search only reveals matters relating to broken skate boards or surf boards, and there is no mention of companies or organisations, where their boards have been ‘broken’ so to speak by its members. Interestingly -- although there was a recent political connotation in this context where a President of a country has been accused of ‘breaking’ a Parliament -- one need not have much imagination to liken such an accusation in a similar context of a Chairman and/or the members of a board being accused of ‘breaking’ their board.
Advertorial by Terrance M. Booysen
As the world witnesses increasing threats upon our environment with greater imbalances placed upon our planet’s bio-diversity, there is -- with good reason -- heightened concern amongst governments, business corporations and civil society in an attempt to slow down the environmental destruction caused by humans.
Article by Terrance M. Booysen and reviewed by reviewed by Tom Davel (I-Pam: Principle Consultant)
Being a director of a board requires the individual to not only understand their fiduciary duties owed to the organisation, it also demands a thorough understanding of the organisation’s business, assets and operations.
Advertorial by Aon South Africa and CGF Research Institute (Pty) Ltd
Are you prepared for rolling power outages?
The growing constraints on South Africa’s power grid makes load shedding an unwelcome reality that many households and businesses will have to contend with during 2015.
Advertorial by CGF Research Institute (Pty) Ltd
We should all have an interest in helping to secure better governance in Africa. It is the most effective means of preventing failed states and for building democracy that is lasting.
Advertorial by Kirsty Ridley (Head: CGF Governance Researcher)
Worldwide, and particularly in South Africa, reports of governance failures occurring in organisations are common. There have been many instances where poor governance has contributed to the collapse of an organisation and most often, many people are negatively affected for the enrichment of a few greedy individuals.
Article by Terrance M. Booysen
There has hardly been a day that goes by where the media headlines grip the attention of citizens, announcing yet another case of poor governance practices, or a director engaging in reckless business conduct.
Article by Dawn Pretorius (Lead Independent Consultant)
NOTE: When republishing this article, please acknowledge that it first appeared in the South African Financial Markets Journal (20th edition - November 2014).
Article by CGF Research Institute (Pty) Ltd
As more organisations across the world are being placed under the corporate governance spotlight, it is not surprising that more institutional stakeholders are demanding superior performance from boards and their directors.