You need to understand the difference between King Code III and IV. What does the difference between King Code 3 and King Code 4 mean? King IV is now effective for financial years that start on or after 1 [...]
What do the JSE listing requirements say about the King Code? Is the King Code part of the requirements? Do listed companies have to comply with the King Code principles? Have the JSE listing requirements changed since King III or are [...]
The King IV effective date is 1 April 2017 and is significant for the governance of your organisation. If your next financial year starts on or after 1 April 2017, you must apply King IV and not King III. The financial [...]
IT Governance forms part of Corporate Governance and is dealt with in King III. King III comprises: the King Report on Governance for South Africa (2009); and the King Code of Governance Principles for South Africa (2009). King III applies [...]
The King III Report for Corporate Governance for South Africa and the Code of Governance Principles (King III or King 3) was released on 1 September 2009. A draft of King III was previously published for comment. The comments have [...]
In a previous article we wrote about how the draft King Report recommended that an alternative dispute resolution (ADR) clause be incorporated in all contracts. They recommended a clause, which we then converted into plain language. We were delighted to [...]
It is interesting that IT governance is dealt with in various parts of King III™. IT Governance in the King III Code Under the heading "New Issues in the Report" on page 14. The governance of information technology is dealt [...]
This is an index of some legal resources related to the broad concept of corporate governance, which includes fairness, accountability, responsibility, transparency, and risk management: [Constitutional Court] Sidumo v Rustenburg Platinum Mines Ltd (GF 6778) [Navsa AJ et al, 5.10.2007] [...]
The Draft Report for Corporate Governance for South Africa (King III or King 3) and the Draft Code of Governance Principles were released for comment on 25 February 2009. Comment should be submitted before 25 April 2009. The practice notes [...]
There are many definitions of corporate governance. Simply put, corporate governance is doing what is right, decent, honest and proper in order to hold a balance between, on the one hand, economic and social goals and, on the other hand [...]
