let the ‘corporate governance genie’ out of his brass lamp
1. Establish a clear and documented segregation
between the roles and responsibilities of
shareholders, the Board of Directors (Board) and
management …
Chairman to be the Chairman and not an accounting
The large majority of corporations in the region are
family businesses that represent a substantial part of
There are now several institutions and organisations
4. Provide further education for your Board members
do not realise the need to create and document policies
The course discussions inevitably come down to the
5. Address those transparency issues
2. … and Clarify the role of the Chairman
reasonable corporate governance code means the
6. Respect the cultural challenges that lie ahead
3. Implement an Authority Matrix
There are a large number of traditional small to medium
staff’s salaries wait until his return for his signature
struggle and cultural hurdles that these corporations and
31