Magister Legum - LLM / This thesis seeks to unpack the measures and structures that a developing nation can put into place to establish itself as a good investment destination. It discusses the three theories of corporate governance, and how the adoption of the Enlightened Shareholder approach is the ideal theory for developing economies to adopt. It reviews the practices of the Republic of South Africa and the Peoples Republic of China to investigate what developing nations can learn from their legislation. The purpose of this thesis is to identity strong areas of corporate governance to better assist developing nations in their establishment of their corporate governance measures.