Shareholder activism and responsible investment
Since the first King report in 1994, shareholder activism has been recognised as part of the overall corporate governance ecosystem.
The strong recurring theme in the progression of corporate governance is the need for institutional investors to play a significant and proactive role within the context of the overall corporate governance framework. This two-hour webinar will unpack what shareholder activism is, how it has evolved and, what the expectations and legal rights that flow from it are, as well as what is expected from a best governance practice perspective to support the corporate governance eco system.
Shareholder activism is particularly relevant at present as the Code for Responsible Investing is under review. The working committee is engaging with stakeholders to understand concerns, challenges and opportunities in order to make the code more effective, and to bring the code into better alignment with King IV to drive improving governance in investee companies.
This course has not been scheduled for this year.
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Who will benefit from this course?
Investors, business owners, CEOs, corporate lawyers, investment lawyers, board committee members.
Richard Foster is a corporate governance advisor and professional independent director/chairman. He is a chartered secretary and a chartered director and his qualifications and professional designations include CD(SA), FCIS, HFinstD, HDip Company Law (Wits), HDip Tax Law (RAU); PG Dip Corporate Governance (RAU) with distinction. Richard has held senior management positions in two of the largest Global Groups based in South Africa during his corporate career. Prior to joining Old Mutual in 2001, where he held the position of Group Secretary until July 2013, the bulk of his career was spent with Anglo American, inter alia, occupying the position of Group Secretary of Mondi Limited. He has over the years had responsibility for Corporate Governance Corporate Secretariat, Risk Management, Corporate Insurance and Legal Services functions operating at a national as well as international level. Richard has been extensively involved in various corporate governance initiatives in the broader business environment and has participated as a speaker and panellist in a number of Business seminars and forums over the past years, both locally and overseas has been published as a co-author of various articles in certain leading international academic law journals. Richard served as Non-Executive Chairman of the Institute of Directors in Southern Africa and is a member of the King Committee on Corporate Governance and was a member of the task team responsible for the drafting of King IV. Richard is also a founding and current member of the CRISA Committee, which undertook the drafting of the Code for Responsible Investing in Southern Africa applicable to Institutional Investors.