Stakeholders and Shareholders Interest: A Balance for Effective Corporate

This study aimed to explore the corporate governance mechanisms and the orientation of corporate governance in Small and Medium Enterprises(SMEs) of South Africa. The core objectives of this study were to analyse the shareholder-stakeholder debate and its relationship with corporate governance in South African companies, understand the factors within shareholders and stakeholder interests that obstruct effective corporate governance and to assess whether these companies are effectively taking into account both the shareholders and stakeholders interests.