Institutional Integrity Corporate Governance – The Sanral Way

It is now universally accepted that ‘Corporate Governance’ is not a buzzword to impress the audience, but a corner-stone practice within all spheres of the socio-economic arena. The investor populace will pay a premium for the assurance of proper governance. Whether it is building a prestigious freeway or a modest gravel road, proper governance is an imperative. This has been proven time and again at The South African National Roads Agency Limited (SANRAL). With core objectives such as the management of South Africa’s primary road network, ensuring best value for money and the preservation of financial market confidence, it is vital that the organization is a credible custodian of taxpayer and investor funds. Having recognized that good corporate governance practice is crucial, SANRAL has set up a governance framework for its Board of Directors. Enterprise wide risk management translates into the company’s Risk Register. An independently operated toll-free fraud hotline and fraud prevention and response plans are strong deterrents to corruption. The sustained demonstration of integrity and interpersonal respect underpin individual and organizational behavior and form the essence of governance and institutional integrity – these are the values that the SANRAL team strives to develop, nurture and uphold for its stakeholders.

• Corporate Authors:

  World Road Association (PIARC)

  La Grande Arche, Paroi Nord, Niveau 5
  F-92055 La Defense Cedex,   France 
• Authors:
  • Mathew, A
• Conference:
  • Choice for Sustainable Development. Pre-Proceedings of the 23rd PIARRC World Road Congress
  • Location: Paris , France
  • Date: 2007-9-17 to 2007-9-21
• Publication Date: 2007

Language

• English

Media Info

• Media Type: CD-ROM
• Features: Figures; References; Tables;
• Pagination: 14p
• Monograph Title: The Choice for Sustainable Development. Pre-Proceedings of the 23rd PIARC World Road Congress

Subject/Index Terms

• TRT Terms: Capital investments; Financial analysis; Financing; Governance; Risk management; Sustainable development; Taxation
• Uncontrolled Terms: Integrity management; Road networks
• Geographic Terms: South Africa
• Subject Areas: Finance; Highways; I10: Economics and Administration;

Filing Info

• Accession Number: 01080982
• Record Type: Publication
• Files: TRIS
• Created Date: Nov 26 2007 9:54AM