Corporate Governance Report 2011

HS CGR SouthAfrica Page 1Unlike their European counterparts, South African boards are under constant pressure to increase levels of racial diversity to address historical inequalities and to conform to the requirements of Broad Based Black Economic Empowerment legislation. The impact of these pressures is ever evident and suggests that there has to be earlier investment in mentoring leadership talent.

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The Report on Corporate Governance For Mauritius

1In governance terms, the baird is accountable at common law and by statute to the company. The company, on the other hand, should act responsibly and responsivley towards the stakeholders identified as relevent to the business of the company.

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Quick Guide to Corporate Governance & KING III

Corporate-Governance-King-3 Page 1The object of corporate governance rules is to improve the quality of leadership which boards are giving to their businesses. Corporate governance guidelines seek to assist directors to understand what ood governance requires of them. As discussed in more detail below, King III adopts an ‘apply or explain’approach to corporate governance. This is different from the ‘comply or explain’ approach adopted by King II, but King III continues to follow a voluntary basis for governance compliance.

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