Page 5 - 5.2 i. Manac Finance ITC Summarised Notes

STRATEGY AND GOVERNANCE

NG
Goal of an entity

• In terms of good governance (King IV) when

formulating strategies the directors of a company

must

• not only consider the financial impacts,

• but also the social, health, ethical and environmental

impacts of the entity and to communicate these

strategic choices to all stakeholders (Integrated

reporting).

• Compliance is a requirement for JSE listed companies

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