n Transactions of the Centre for Business Law - Pure corporate control in South Africa : chapter 3 : part two : South Africa on corporate control

Abstract

Corporate governance regulates the extent of the power shareholders have in a company. It regulates how the shareholders can exercise their rights and have a productive relationship with the company and the management. The subject of corporate control is therefore, a subject which directly emanates from corporate governance. Corporate governance means the nature of ownership and control of organisations within an economy. The definition further translates into the way companies are owned, the form in which they are controlled and the process by which changes in ownership and control take place.