Page 27 - PowerPoint Presentation
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STRATEGY AND GOVERNANCE
Governance
• Promote corporate governance as integral to running an organisation
(delivering governance outcomes such as ethical culture, good
performance, effective control & legitimacy)
• Making the code accessible for a variety of sectors and organisations
• Corporate governance as holistic and interrelated and implemented
in an integrated manner
• Encourage transparent and meaningful reporting
• Present corporate governance with ethical consciousness and
conduct
• King IV as in previous codes has a foundation in ethical and
effective leadership.
• In addition supplementary schedules have been incorporated
into the code, with the objective of giving consideration to
the various sector types (i.e. municipalities, no-profit
organisations, retirement funds, SME’s and state owned
entities (IoD, 2016).
• For purposes of this course only sector supplements relating
to SME’s is required to be studied.
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