n Management Today - Corporate governance in Africa : the impact of non-executive directors

Volume 21, Issue 9
  • ISSN : 1027-4324



Extracted from text ... New legislation, higher levels of compliance across country borders and the demand for greater degrees of independence has created a shortage of truly independent non-executive directors. At a recent conference hosted by Spencer Stuart, the international executive search firm, partner Chris van Melle Kamp spoke about the challenges facing companies in Africa with regard to corporate governance and regulatory pressure which have had an impact on non-executive directors and their availability. According to Van Melle Kamp, there are various reasons for this. "Most capitalist countries have developed new legislation or published a code of best practice such as King ..

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