Corporate Governance is the interaction between various participants in shaping an institution’s performance and the way it advances. The relationship between the owners and the managers in an institution must be healthy and there should be no conflict between the two. The owners must see that individuals’ actual performance accords with the standard performance.
Corporate Governance has a broad scope. It includes both social and institutional aspects. Corporate Governance encourages a trustworthy, moral, as well as ethical environment.
Benefits of Corporate Governance:
- Good corporate governance ensures corporate success and economic growth.
- Strong corporate governance maintains investor’s confidence, as a result of which, the institution can raise capital efficiently and effectively.
- It lowers the capital cost.
- It assists in brand formation and development.
- Good corporate governance minimises wastages, corruption, risks and mismanagement.
- It ensures an institution is managed in a manner that fits the best interest of all.
Mission Statement
To advance professional knowledge &Â improve the practice of civil engineering
In support of SAICE’s mission, SAICE strives:
- to be a learned society for all those associated with civil engineering;
- to enable our members, through consultation and accountability, to provide the community with environmentally and economically sustainable infrastructure;
- to cater for the interests and needs of our members by creating an effective communication channel in a strong, dynamic and stable organisation;
- to provide our members with continuing education in technical, managerial and communication skills;
- to advance and uphold the professional ethics of the civil engineering profession;
- to enhance the recognition of civil engineering as a highly respected profession and a desirable career;
- to encourage our members to strive for excellence in civil engineering.
