The interest in good governance has grown tremendously in the past decade. Corporate scandals, environmental awareness and globalisation have all played their part in raising shareholder and public awareness in how companies should be governed. King provides a history and clear definition of corporate governance. This is followed by essential reading on the duties of directors and the chairman; the five 'corporate sins'; a framework of corporate governance; the relationship between the company and its directors; risk and governance; asking the 'dumb questions'; a code of conduct; and self-evaluation. This book is an essential reading for directors and managers, shareholders and stakeholders, and business students. In addition, the principles set forth are equally applicable to non-business entities such as school governing bodies, sports and cultural organisations, non-governmental organisations and government departments.
Mervyn King is a Senior Counsel and former Judge of the Supreme Court of South Africa. He has chaired and been a director of several companies listed on the Johannesburg Stock Exchange. He is the Chairman of the King Committee on Corporate Governance, President of the Advertising Standards Authority and a member of the Securities Regulation Panel.