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Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika
Thesis (LLM (Mercantile Law))--University of Stellenbosch, 2007.
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| Format: | Thesis |
| Language: | English |
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Stellenbosch : University of Stellenbosch
2007
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| _version_ | 1867613835410538496 |
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| access_status_str | Open Access |
| author | Dippenaar, Annelene |
| author2 | Van Wyk, A. H. |
| author_browse | Dippenaar, Annelene Van Wyk, A. H. |
| author_facet | Van Wyk, A. H. Dippenaar, Annelene |
| author_sort | Dippenaar, Annelene |
| collection | Thesis |
| dc_rights_str_mv | University of Stellenbosch |
| description | Thesis (LLM (Mercantile Law))--University of Stellenbosch, 2007. |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/2259 |
| institution | Stellenbosch University (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:42:26.594Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2007 |
| publishDateRange | 2007 |
| publishDateSort | 2007 |
| publisher | Stellenbosch : University of Stellenbosch |
| publisherStr | Stellenbosch : University of Stellenbosch |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/2259 Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika Dippenaar, Annelene Van Wyk, A. H. University of Stellenbosch. Faculty of Law. Dept. of Mercantile Law. Theses -- Law Dissertations -- Law Directors of corporations -- South Africa Corporate governance -- Law and legislation -- South Africa Organizational effectiveness -- South Africa Diversity in the workplace -- South Africa Mercantile Law Thesis (LLM (Mercantile Law))--University of Stellenbosch, 2007. The collapse of Enron, WorldCom and other companies and the worldwide adoption of codes of good corporate governance have highlighted the poor standard of corporate governance systems and brought about big changes in this field. Corporate scandals in Britain and South Africa have contributed to greater local awareness of the failings of traditional company governance. In the Anglo-Saxon system non-executive directors are important watchdogs over powerful executive directors and other managers who are in a position to abuse their powers to the disadvantage of the shareholders. As independent supervisors non-executive directors are in a position to protect the interests of shareholders and prevent the manipulation of power relationships by executive managers. Independent supervision is of the outmost importance to ensure effective corporate governance. It contributes to the objectivity of the decision-making process and also to the appointment of other efficient non-executive directors. Independence of non-executive directors is influenced by the limited candidates in the pool from which they are appointed. This leads to a limited number of non-executive directors serving on multiple boards of directors, which in turn compromises their independent supervision function. The promotion of diversity on company boards, can expand the “limited gene pool” of non-executive directors. The question arises whether black economic empowerment, as a mechanism to promote greater diversity, has in South Africa contributed to a wider gene pool from which non-executive directors are appointed? In this study it is concluded that, instead of widening the gene pool of non-executive directors, black economic empowerment is creating a second “gene pool” of black directors who serve on multiple boards and with potential implications for their independence. 2007-11-06T05:44:20Z 2010-06-01T08:44:36Z 2007-11-06T05:44:20Z 2010-06-01T08:44:36Z 2007-03 Thesis http://hdl.handle.net/10019.1/2259 en University of Stellenbosch 2290876 bytes application/pdf application/pdf Stellenbosch : University of Stellenbosch |
| spellingShingle | Theses -- Law Dissertations -- Law Directors of corporations -- South Africa Corporate governance -- Law and legislation -- South Africa Organizational effectiveness -- South Africa Diversity in the workplace -- South Africa Mercantile Law Dippenaar, Annelene Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika |
| title | Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika |
| title_full | Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika |
| title_fullStr | Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika |
| title_full_unstemmed | Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika |
| title_short | Korporatiewe bestuur en die demografiese profiel van nie-uitvoerende maatskappydirekteure in Suid-Afrika |
| title_sort | korporatiewe bestuur en die demografiese profiel van nie uitvoerende maatskappydirekteure in suid afrika |
| topic | Theses -- Law Dissertations -- Law Directors of corporations -- South Africa Corporate governance -- Law and legislation -- South Africa Organizational effectiveness -- South Africa Diversity in the workplace -- South Africa Mercantile Law |
| url | http://hdl.handle.net/10019.1/2259 |
| work_keys_str_mv | AT dippenaarannelene korporatiewebestuurendiedemografieseprofielvannieuitvoerendemaatskappydirekteureinsuidafrika |