Corporate Ethical Culture – The Role of the Board
Culture is fundamental to the success or failure of an enterprise. The misconduct of a senior executive – or even […]
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The Board of Directors
WAIVER OF STATUTORY NOTICE FOR BOARD OF DIRECTORS’ MEETINGS
Statutorily, Directors are entitled to receive fourteen days’ notice (except otherwise provided in the Articles of Association). Business exigencies however
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NON-EXECUTIVE DIRECTOR COMPENSATION – A BALANCING ACT
In general, Directors have three main roles – viz- monitor and provide leadership to Management on behalf of Shareholders; provide
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Quorum at Board Meetings – From Beginning to End?
A quorum is the minimum number of members required by law, Articles or the Charter of a group or entity
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Succession Planning and the Role of the Board
A recurrent challenge with many businesses globally is the failure to adequately plan for succession. Whilst the reasons for this
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DIRECTORS AS SHAREHOLDERS
Directors typically – save for Independent Directors – are not precluded from holding shares in companies on whose Boards they
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CORRELATING DIRECTOR INFLUENCE WITH BOARD PERFORMANCE
The concept of ‘Influence’ and its impact on an organization’s performance is a subject that has held interest for quite
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“A DIRECTOR SHALL NOT FETTER HIS DISCRETION TO VOTE IN A PARTICULAR WAY” – SECTION 279(6) OF CAMA
According to Section 279 of the Companies and Allied Matters Act (CAMA), as fiduciaries, Directors are expected to act in
The Effective Director: Personal Attributes
It is acknowledged that the office of a Director is a “high calling”. It is oftentimes challenging and requires of
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DEALING WITH CONFLICTS OF INTEREST IN THE BOARDROOM
A conflict of interest occurs when an individual is involved in multiple interests, one of which could possibly corrupt the
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