The University of Cape Town
invites you to an Inaugural Lecture
by Professor Jacqueline Yeats
In-person attendance is fully subscribed, but please do join us online on MS Teams at the link below.
Topic: Value(s), Vices and Voice – how the evolution of modern company law reflects shifting societal values in a changing world.
The commercial, social and environmental landscape within which companies operate has changed dramatically since the turn of the century. The South African company law and corporate governance framework underwent significant changes during this period which ensured that the law remained current and was aligned with international developments. However, in recent years companies across the globe have been confronted with a host of new and complex issues. These include ESG investing, sustainability concerns, corporate social responsibility, focused stakeholder and shareholder activism, increased calls for corporate accountability and transparency and campaigns aimed at the formal recognition of multiple stakeholder interests by directors. The catalyst for these developments has been a shift in societal values and priorities regarding the relationships between people, the planet and profit. This shift has altered and increased the expectations that society has of business and of companies. Company law reform has made some progress in addressing the new developments and challenges, but the process is ongoing and far from complete. This creates legal uncertainty, and it makes the position of company directors - who have a duty to act in the best interests of the company - particularly complex and challenging. In the lecture Prof Yeats will discuss these developments and the challenges this presents for companies. Prof Yeats will also consider the current legal context and propose ways to create more certainty in the present and more clarity in the future for directors, shareholders and stakeholders.
Date: Wednesday, 27 September 2023
Time: 17:30 SAST
Venue: Oliver Tambo Moot Court, Level 5 Kramer Law Building, UCT Middle Campus
This event is hybrid - but the in-person event is booked out. However, this inaugural can also be attended on MS TEAMS. Please note that registration is not required for online attendance - you can simply join at the link above.
We look forward to having you with us at Professor Yeats' inaugural. For queries, please contact the Faculty of Law Marketing Office.