Page 8 - PowerPoint Presentation
P. 8
STRATEGY AND GOVERNANCE
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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