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Corporate Governance in South Africa

In: Corporate Governance, Responsibility and Sustainability

Author

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  • Tirthankar Nag

Abstract

The practice of corporate governance has originated mostly from developed countries. South Africa is perhaps an exception, where concerns for corporate governance issues have kept pace with the developed world over time (Waweru, 2014). A few centuries of colonization by the Dutch and English settlers have left an indelible influence on the initial corporate laws and practices followed in the country. Conflict between the settlers and indigenous populations, and four decades of “Apartheid” led to concentrated ownership in the hands of the minority white population. This has resulted in a division of society on economic and racial lines. However, the story of South Africa’s corporate governance begins with breaking away from the past and looking forward to position the country in the “corporate governance” map globally.

Suggested Citation

  • Tirthankar Nag, 2015. "Corporate Governance in South Africa," Palgrave Macmillan Books, in: Arindam Banik & Ananda Gupta & Pradip K. Bhaumik (ed.), Corporate Governance, Responsibility and Sustainability, chapter 5, pages 78-90, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-36185-1_5
    DOI: 10.1057/9781137361851_5
    as

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