Tag: non-executive director
Internal audit require greater representation on the board
A plethora of corporate governance codes has been written across the world, and in spite of their recommendations which inter alia seek to protect stakeholder interests and shareholder value, many governance failures and organisational collapses continue seemingly unabated.
Attendance at board meetings – a critical director’s responsibility
Recent news reports relating to the withdrawal of a non-executive director up for re-election due to his non-attendance at meetings for four years by Purple, a JSE-listed company, highlight one critical area of a director’s responsibility: the necessity to attend board meetings.
Non-executive directors cautioned to exercise due care
South Africa’s non-executive directors cautioned to exercise due care in discharging their responsibilities in the wake of recent corporate disasters. Boards are under significant pressure to continually transform in the face of disruptive technology, globalisation, political and economic uncertainty, and a volatile marketplace.
