SACOB

Overview

Module 1: Understanding Corporate Governance

Explain the history and significance of corporate governance.
Identify good governance practices and their application in SMEs.
Understand the role of business ethics in governance.

Module 2: The Board of Directors and Committees

Describe the roles and functions of the board of directors.
Outline the selection process for board members.
Identify the types and functions of board committees.
Evaluate board performance.

Module 3: Ownership and Control

Differentiate between private, public, and state ownership.
Explain how ownership structures impact business operations.
Understand shareholder rights and responsibilities.

Module 4: Company Law

Summarise the basics of South African company law.
Identify the legal duties and liabilities of directors.
Explain the role of the Companies and Intellectual Property Commission (CIPC).

Module 5: Promoting Professional Ethics

Define social responsibility and its impact on business.
Understand the importance of ethical behaviour in professional settings.
Apply frameworks for making ethical decisions in business.