Class notes
Lecture notes Companies Act of 2008 Lesson 2 (AIC22A2)
- Course
- Institution
Companies Act of 2008 Lesson 2
[Show more]
Seller
Follow
olebogengprince
Content preview
Faculty of Economic and Financial SciencesUnit 4
Rights and Duties covered by statute
,Department of Commercial
Accounting
Companies Act 2008
Lesson 1
2
,Department of Commercial
Accounting
Why the new Act?
Because of changes in:
•Economic
•Social
•Political landscape
, Department of Commercial
Accounting
The Company law was also needed to promote
competitiveness and development of South African
Economy by:
•Encouraging entrepreneurship and enterprise development,
thereby creating jobs
•Promoting innovation and investments in SA markets, e.g.
predictable and effective regulatory environment
•Promoting efficiency of companies and their management
•Encouraging transparency & high standards of governance
•Harmonising Company Law with international best practice
jurisdictions
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller olebogengprince. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.59. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62555 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now