This is a long-awaited book that comprehensively and easily addresses the law of business undertakings in South Africa, and draws a comparative analysis with the English position, where necessary.

This is a long-awaited book that comprehensively and easily addresses the law of business undertakings in South Africa, and draws a comparative analysis with the English position, where necessary. The book is presented in an easy to follow structure and covers most legal aspects concerning major forms of business undertakings (sole proprietorships, partnerships, close corporations and companies) in South Africa without derogating from the dynamism of the substance. Although this long overdue book covers an overview of major forms of business undertakings in South Africa, its emphasis is on legal and entrepreneurial issues affecting companies with a share capital, more especially in view of the recent reforms in the corporate governance area. In dealing with issues affecting companies, the book is conveniently divided into two interrelated parts: Corporate Finance Law and Corporate Governance. The author believes that corporate law must be seen as essentially concerned with providing a corporate entity or organ, in the first place, to facilitate and regulate the process of raising capital (legal principles of Corporate Finance) and, in the second, to impose controls on persons whose power is derived from the finance that the use of the corporate form has placed at their disposal (Corporate Governance). Corporate governance issues covered include the role of directors and shareholders in corporate governance; executive pay and corporate governance; stakeholder concerns; enforcement of corporate governance standards; insider trading; protection of minorities and delinquent directors. The book comprehensively considers the Code of Corporate Practices and Conduct in the King Report (2002). This is the first book of its kind on Corporate Law in South Africa, and probably one of the few, if not the only one, in the entire commonwealth jurisdiction since it deviates from the approach of many books that treat corporate law and corporate governance as if the two were mutually exclusive.

Publisher:

Van Schaik Publishers

ISBN:

9781869280048

Publication date:

December 2003

Length:

260mm

Width:

195mm

Weight:

615g

Edition:

New title

Pages:

321

Readership:

Undergraduate