What does Corporate Governance mean in the post-Steinhoff-collapse era in South Africa? It has become more important than ever. Companies, whether public, private or state-owned, their directors and officers, their shareholders and the public are all affected by new and sweeping changes to corporate governance codes, company legislation and regulations.  

Since the publication of the fourth edition in 2015 we have seen the issue of the King IV Report, and a rash of failures of corporate governance in both the private and public sectors, in many instances striking at the credibility of the assertions of those charged with governance. Any complacency which may have crept into corporate governance practices has been swept away and directors need to be more alert than ever as to their responsibilities and their exposure, both reputationally and in law.   

This fifth – and significantly expanded – edition of Corporate Governance, now established as the leading independent South African work on the subject, continues to inform readers comprehensively on a subject that is assuming ever-growing importance in both the private and public sectors. It incorporates a new and comprehensive summary of the King IV code, as well as updated examples and current thinking on an increasingly important sphere.