Page 29 - PowerPoint Presentation

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.
29