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PRACTICAL INSIGHTS INTO CORPORATE GOVERNANCELaw@work, UCT Faculty of Law, is pleased to be offering the following five-day course in Corporate Governance."Corporate governance can be defined as the system by which companies are directed and controlled through relationships between a company's management, its board, its shareholders and other stakeholders." An important element of any good corporate governance system is the clear definition of the role, duties, rights, and expectations of each of these stakeholders operating within a dynamic environment. Since 2001, corporate governance has received renewed interest internationally. This was due to high-profile company collapses. Enron and WorldCom in the US and the Global Financial Crisis in 2008/2009. Saambou and African Bank are further examples of high profile corporate collapses in South Africa and poor corporate governance. Companies are required to act in a responsible manner and in this regard Directors and management must give due to regard to social, environmental and economic factors if sustainable performance is to be maintained. "The proper governance of companies will become as crucial to the world economy as the proper governance of countries." Jim Wolfersohn - President of the World Bank 1998 King III, developed in South Africa, is an example of an internationally regarded highly authoritative corporate governance code as well as the Code for Responsible Investing in South Africa (CRISA). These Codes together with the key applicable legislation set the frameworks within which all organisations should operate. COURSE OUTLINE: REGISTRATION DETAILS Programme and venue information: Award of certificate: Closing date for registration:One week prior to the course. Registration and enquiries: Venue: Cape Town Cost: R10,000 per delegate. Includes parking, teas, lunches, course materials. More info: Instructions regarding the programme and directions to the venue will be sent to you electronically a week prior to the event. |