n Without Prejudice - The role of board committees in the new Companies Act : company law
|Article Title||The role of board committees in the new Companies Act : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Nov 2008|
|Pages||20 - 22|
The board of directors of a company has been described as: "...the focal point of the corporate governance system and it is ultimately accountable and responsible for the performance of a company". It is common practice and, in certain instances, a statutory requirement that a board of directors has to delegate its authority to a board committee.
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