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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The Role of the Internal Audit Function in Corporate Governance
“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It
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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
DIRECTORS AS SHAREHOLDERS Read Post »
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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Preventing Ethical Misconduct
Executives inevitably see themselves as responsible for the success of their organizations – and perhaps blame the microeconomic environment and
Preventing Ethical Misconduct Read Post »
THE ROLE OF THE LOCAL BOARD IN MULTINATIONAL FIRMS
In an effort to maintain standards that form the basis of their competitive advantage, multinational firms have a set of
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