Research has shown that weak corporate governance practices have been the result of a company’s performance declining or failing over a period of time and that one of the systematic failures of corporate governance stems from a board’s weak legal and regulatory systems.

Premium Corporate Consulting Services (Pty) Ltd is an independent consulting company that provides systems that serve as a support base to assist directors and company secretaries be informed and guided of their duties and responsibilities in order that they may fully discharge these duties and responsibilities, not only to avoid director liability, but to also assist in adding significant value to their company’s shareholders.

As South Africa’s legal and regulatory framework is increasingly seeking to make directors liable in their personal capacities for the demise and actions of the company, PremCorp provides tools that will not only improve directors and company secretaries’ knowledge, but will highlight areas of compliance required, in their personal and joint capacities, in the public and private sectors.

PremCorp further assists boards by ensuring that their governance practises include all the legal, regulatory and best practice updates. Workshops are provided to inform directors and company secretaries of the latest amendments, which will be relevant to them.