Advancing and protecting the interests of creditors and employees under the Companies Act 71 of 2008
Master Thesis
2012
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University of Cape Town
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Abstract
This dissertation seeks to assess the impact the new Companies Act will have on the socio-economic transformation of the South African society and point out areas where corporate law can do more to help bring about this transformation. It focuses on creditors and employees as key corporate constituencies whose interests the board of directors have to constantly consider in making decisions. It argues that an expansive approach to corporate governance that includes other corporate constituencies, not only the shareholders, is the best way to harness the impressive wealth generating capacity of the corporate form to bring about socio-economic transformation in South Africa.
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Includes bibliographical references.
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Chokuda, B. 2012. Advancing and protecting the interests of creditors and employees under the Companies Act 71 of 2008. University of Cape Town.