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2016 edition of Carrots & Sticks now available

The 2016 edition of the Carrots & Sticks report has just been launched at the 5th GRI Global Conference in Amsterdam, covering sustainability reporting instruments worldwide. The research for this publication has jointly been conducted by KPMG International, the Global Reporting Initiative (GRI), United Nations Environment Programme (UNEP) and USB’s Centre for Corporate Governance in Africa. Carrots & Sticks was first published in 2006 to provide an overview of trends in standards for sustainability reporting. The first edition covered standards in 19 countries. In 2016, the project covered 71 countries and territories, and identified reporting instruments in 64 of those.

Click here for the report​ and here for more details​

Centre joins London-based International Integrated Reporting Council (IIRC)​​

The Centre has joined BSD Consulting in becoming a founding training partner of the London-based International Integrated Reporting Council (IIRC). The IIRC announced on 5 May 2016 that BSD Consulting will be its first Integrated Reporting (IR) Foundation Partner for the delivery of the IR Training Programme for business managers worldwide. The Centre will serve as the content development partner of BSD, a longstanding international certified training provider of the Global Reporting Initiative (GRI). "We look forward to joining the global network of BSD and the IIRC in providing basic and advanced management training in integrated reporting, building on the extensive experience of South African corporates in issuing annual integrated reports as required by the Johannesburg Stock Exchange," said Dr Cornis van der Lugt, Senior Research Fellow of the Centre for Corporate Governance, who leads the development of the training material. "Managers inside leading global corporations are challenged to define how their businesses create value with an integrated and long-term perspective. This includes bridging the gap between financial accounting and sustainability accounting. It also raises the bar in what we expect of directors and executives in deliverin​g quality corporate governance," he added. Read more ​​​

What is the link between the health of a company's bottom line and the health of its employees?
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Dr Daniel Malan, director of USB's Centre for Corporate Governance in Africa, is one of the co-authors of the article titled Corporate Health and Wellness and the Financial Bottom Line: Evidence from South Africa, which was published in the February 2016 edition of the Journal of Occupational and Environmental Medicine (JOEM) in the USA. The other authors are USB's Prof Eon Smit and USB MBA alumnus Christina Conradie. The article is about corporate wellness and the link with financial performance in a South African context. The key finding of the article is that there is a positive correlation between the health and wellness programmes of organisations and their financial performance. The research comprised an assessment of the share price performance of ten listed SA companies included in the Discovery Healthy Company Index. The share price performance of these companies outperformed the JSE All Share Index by at least 5% per annum over a ten-year period. Read JOEM article here​

Enrol now for Africa Directors Programme

Africa Directors P​rogramme


Starts 31 July 2016  |  Lanzerac Wine Estate  |  Stellenbosch, Cape Town, South Africa

This programme is presented by USB Executive Development Ltd (USB-ED), USB's Centre for Corporate Governance in Africa, the INSEAD Corporate Governance Initiative and the Old Mutual Investment Group. It promotes sustainable business development through an integrated sustainability vision for governance and board processes and it contributes to building governance credibility for stakeholder confidence. In doing so, the focus is on the director as person, the governance processes of boards, and board dynamics. 

The content of the Africa Directors Programme (ADP) has been aligned with the IoDSA’s Director Competency Framework™.  It therefore forms part of the CD(SA)® Career Path by contributing to the knowledge and skills required during the CD(SA)®assessment.
 
Candidates must have basic knowledge of being a director as well as experience of being a board member. Candidates are also required to send through a curriculum vitae and a reference with their application. Admission is subject to a selection process, which may include a personal interview. 
 

​USB's Daniel Malan attended UN Private Sector Forum in New York

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From left: Norman Arruda, President: ISAE Fundacao Getulio Vargas; Jonas Haertle, Head: UN PRME secretariat; Julia Christensen Hughes, Dean: College of Business and Economics, University of Guelph; Lourdes Dieck, Dean: EGADE Business School, Tec de Monterrey; and Daniel Malan, Director: Centre for Corporate Governance in Africa, University of Stellenbosch Business School​

At the recent launch of the new Sustainable Development Goals (SDGs) in New York, UN Secretary-General Ban Ki-moon hosted the United Nations Private Sector Forum 2015, which focused on the role of the private sector in implementing the SDGs. Speakers included Angela Merkel (German Chancellor), Mark Zuckerberg (Facebook CEO) and Bono (lead singer of U2 and co-founder of ONE).  The invitation-only event was attended by some 350 representatives from the private sector, public sector and civil society. USB was represented by Daniel Malan, Director: Centre for Corporate Governance in Africa and member of the UN Principles for Responsible Management Education's Anti-Corruption Working Group.  He was asked to be a rapporteur at a small-group discussion on anti-corruption. According to Malan, it was a privilege to attend this historic gathering: "The SDGs have been criticised for over-complicating the sustainable development agenda, and with 17 goals and 169 targets many companies will agree. However, the challenge for companies will be to identify those goals that are relevant in a particular context, and to partner with the public sector and civil society to make a difference at the local level." He was also encouraged by the acknowledgement of the importance of management education to advance the SDGs: "The head of PRME, Jonas Haertle, convened a meeting of the PRME schools who were present at the event, and USB has been invited to participate in these discussions moving forward. At the same time we will continue our involvement with the Anti-Corruption Working Group."​​

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Governance in State Owned Companies

The Centre for Corporate Governance in Africa has identified the need to improve corporate governance standards for State-Owned Companies (SOCs) as a focus area.  This area is managed by our senior research fellow, Lynn McGregor.

Applied research and the application of an SOC Ratings Matrix can help SOC boards to upgrade their performance and to be more effective with government and other shareholders. The Centre can provide high-level specialist knowledge required for each board, as well as government ministers and heads of departments who are interested in more effective corporate governance.

Lynn McGregor has done in-depth research into corporate governance relationships between government, boards and executives. A selection of her research can be found below:

For more information, contact lynn.mcgregor@usb.ac.za​

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2016 edition of Carrots & Sticks now availablehttp://www.usb.ac.za/news-events/news/3732016 edition of Carrots & Sticks now available<p></p><p style="box-sizing:border-box;color:#666666;font-family:verdana, geneva, sans-serif;font-size:11.3333px;background-color:#ffffff;">The 2016 edition of the <em style="box-sizing:border-box;">Carrots & Sticks </em>report has just been launched at the 5th GRI Global Conference in Amsterdam, covering sustainability reporting instruments worldwide. The research for this publication has jointly been conducted by KPMG International, the Global Reporting Initiative (GRI), United Nations Environment Programme (UNEP) and USB’s Centre for Corporate Governance in Africa. <em style="box-sizing:border-box;">Carrots & Sticks</em> was first published in 2006 to provide an overview of trends in standards for sustainability reporting. The first edition covered standards in 19 countries. In 2016, the project covered 71 countries and territories, and identified reporting instruments in 64 of those.</p><p style="box-sizing:border-box;color:#666666;font-family:verdana, geneva, sans-serif;font-size:11.3333px;background-color:#ffffff;"> <a href="http://www.carrotsandsticks.net/wp-content/uploads/2016/05/Carrots-Sticks-2016.pdf" target="_blank" style="box-sizing:border-box;color:#9a283f;">Click here for the report​</a> and <a href="http://www.carrotsandsticks.net/" target="_blank" style="box-sizing:border-box;color:#9a283f;">here for more details​</a>​​</p>
Centre joins London-based International Integrated Reporting Council (IIRC)http://www.usb.ac.za/news-events/news/371Centre joins London-based International Integrated Reporting Council (IIRC)<p>​<span style="font-size:11pt;font-family:calibri, sans-serif;color:#666666;">The Centre has joined BSD Consulting in becoming a founding training partner of the London-based International Integrated Reporting Council (IIRC). The IIRC announced on 5 May 2016 that BSD Consulting will be its first Integrated Reporting (IR) Foundation Partner for the delivery of the <a href="http://integratedreporting.org/resource/ir-training/" target="_blank">IR Training Programme</a> for business managers worldwide. The Centre will serve as the content development partner of BSD, a longstanding international certified training provider of the Global Reporting Initiative (GRI). "We look forward to joining the global network of BSD and the IIRC in providing basic and advanced management training in integrated reporting, building on the extensive experience of South African corporates in issuing annual integrated reports as required by the Johannesburg Stock Exchange," said Dr Cornis van der Lugt, Senior Research Fellow of the Centre for Corporate Governance, who leads the development of the training material. "Managers inside leading global corporations are challenged to define how their businesses create value with an integrated and long-term perspective. This includes bridging the gap between financial accounting and sustainability accounting. It also raises the bar in what we expect of directors and executives in delivering quality corporate governance," he added. <span style="text-decoration:underline;"></span></span><a href="http://www.usb.ac.za/governance/Pages/Centre-joins-London-based-International-Integrated-Reporting-Council-%28IIRC%29.aspx" target="_blank">Read more​​</a></p>
Daniel Malan presents paper at Wharton School, USAhttp://www.usb.ac.za/news-events/news/367Daniel Malan presents paper at Wharton School, USA<p>On 18 October 2014, USB's Daniel Malan presented a paper - Contracts, Compacts and Covenants: Integrative Social Contracts Theory, the United Nations Global Compact and the World Economic Forum's New Social Covenant - at a conference at The Wharton School, University of Pennsylvania, USA. The theme of the conference was Normative business ethics in a global economy: New directions in Donaldsonian themes. <span class="ms-rteForeColor-1"> <strong> <a href="http://www.usb.ac.za/common/pdfs/DanielMalanPresentation20141018.pdf">Click here</a></strong> </span><strong class="ms-rteForeColor-1"> </strong><span class="ms-rteForeColor-1"> </span>to read Daniel Malan's presentation.</p><ul><li><a href="http://www.usb.ac.za/governance/Pages/news-events.aspx" style="box-sizing:border-box;color:#9a283f;text-decoration:none;padding:0px;font-family:verdana,geneva,sans-serif;font-size:11.3333px;font-style:normal;font-variant:normal;font-weight:normal;letter-spacing:normal;line-height:17px;text-align:left;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px;background:#ffffff none repeat scroll 0% 0%;">News & Events</a></li></ul>
Integrated reporting can change the world!http://www.usb.ac.za/news-events/news/366Integrated reporting can change the world!<p>This was the message of two speakers from the Harvard Business School at a lunch hosted by the Centre for Corporate Governance in Africa at the University of Stellenbosch Business School, a participant in the HOPE Project.</p><p>Prof Bob Eccles, co-author of "One Report: Integrated Reporting for a Sustainable Strategy", and Prof George Serafeim, member of the Technical Review Committee of the Global Initiative for Sustainability Ratings shared their views on the current status of integrated reporting and possible future trends. <a href="http://www.usb.ac.za/integrated-reporting-can-change-the-world.aspx"> <span class="ms-rteForeColor-1" style="color:#8a1536;"> Read more</span></a>.</p>
SOE Governance Report launchedhttp://www.usb.ac.za/news-events/news/365SOE Governance Report launched<span><p>A new report entitled "Rating Governance in State-Owned Enterprises" was launched by the Centre for Corporate Governance in Africa on 11 October 2012. The research was sponsored by the Hanns Seidel Foundation. Guest speakers at the launch in Cape Town included Ms Lynn McGregor (senior research fellow: Centre for Corporate Governance in Africa) and Ms Nozizwe Madlala-Routledge (former Deputy Minister of Health and Defence).</p> <p><a target="_blank" href="http://www.usb.ac.za/governance/pdfs/Rating-Corporate-Governance-of-State-Owned-Enterprises.pdf"><span class="ms-rteForeColor-1">Download the report</span></a>.</p></span>

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Meet the Team

 

 

http://www.usb.ac.za/People/academic-staff/professors-extraordinaire/175ProfGarrattBobChairman: Centre for Corporate Governance in AfricaCorporate Governance
http://www.usb.ac.za/People/academic-staff/usb-core-faculty/203DrMalanDanielDirector: Centre for Corporate Governance in Africa+27 (0)21 918 4342 daniel.malan@usb.ac.zaBusiness Ethics, Corporate governance, Business Environment
http://www.usb.ac.za/People/corporate-governance/core-team/253Drvan der LugtCornisSenior Research Fellow
http://www.usb.ac.za/People/support-staff/secretarial/181MsHanekomSunelleAdministrative Officer+27 (0)21 918 4381 sunelle.hanekom@usb.ac.za
http://www.usb.ac.za/People/corporate-governance/core-team/5245MrFOSTERRichard Senior Research Fellow
http://www.usb.ac.za/People/corporate-governance/core-team/323OjwangAchiengSenior Research Fellowojwang.achieng@nbi.org.za
http://www.usb.ac.za/People/corporate-governance/core-team/387MrBothaDeonSenior Research Fellowdeon.botha@usb.ac.za
http://www.usb.ac.za/People/corporate-governance/core-team/388MsSiwenduThinaSenior Research Fellowthina.siwendu@usb.ac.za
http://www.usb.ac.za/People/corporate-governance/core-team/389DrProzeskyVictorSenior Research Fellowvictor.prozesky@usb.ac.za