Being a Director: Part 1

An introduction to Corporate Governance

Overview

This one day programme is aimed at equipping aspiring and new directors with an overview of the principles and concepts underpinning corporate governance. Discussions are focused on the importance of corporate governance in South African businesses, the frameworks and models that can be used to implement the practices and the duties and responsibilities of directors in executing sound governance practice

The King Code of Governance Principles for South Africa  

• Principle 2.1: The board should act as the focal point for and the custodian of corporate governance
• Principle 2.3: The board should provide effective leadership based on an ethical foundation
• Principle 2.4: The board should ensure that the company is seen to be a responsible corporate citizen
• Principle 2.9: The board should ensure that the company complies with applicable laws and considers adherence to non-binding rules, codes and standards
• Principle 2.14: The board and its directors should act in the best interests of the company
• Principle 2.16: The board should elect a chairman of the board who is an independent non-executive director. The CEO of the company should not also fulfil the role of chairman of the board.
• Principle 2.17: The board should appoint the chief executive officer and establish a framework for the delegation of authority
• Principle 2.18: The board should comprise a balance of power, with a majority of non-executive directors. The majority of non-executive directors should be independent

Key Focus Areas

• Overview and evolution of corporate governance
• The business case for corporate governance
• Governance frameworks and models
• Individual directors duties
• Key corporate governance role players 

Duration

1 Full day - 09h00 - 16h00

Presentation Fees