A company director these days is often a skilled professional packing a lot of experience, but these very same factors will count against a director when a court decides a delinquency application.
B Corp certification is the latest status clothing for conscious companies. But without a clear indication of how it improves business practices, what does it really add?
For the first time in South African company law, courts can declare directors delinquent. This new remedy must not be abused by those with the power to use it.
Employee-owned businesses benefit from boosted productivity, profitability, and staff morale. So why are they so rare?
The corporate veil, traditionally friend of directors and foe of outsiders, may have turned double agent.
A primary focus on prosecuting those who have committed illegal phoenix activities has not been successful.