King IV

King IV™ – A Synopsis of Principle 5: Pertaining to Reporting

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 5 of King Report on Corporate Governance for South Africa™ prescribes that a governing board should ensure that reports issued by the organisation enable stakeholders to make informed assessments of the organisation’s performance, and its short, medium and long-term prospects. King IV™ clearly articulates the [...]

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KING IV™ – A Synopsis of Principle 4: Pertaining to Strategy, Performance and Reporting

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 4 of the King IV Report on Corporate Governance for South Africa™ prescribes that the governing board should appreciate that an organisation’s core purpose, its risks and opportunities, strategy, business model, performance and sustainable development are all inseparable elements of the value creation process. King [...]

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King IV™ — A synopsis of principle 3 of King IV™: corporate citizenship

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 3 of the King IV™ Report on Corporate Governance for South Africa™ prescribes that the governing board should ensure that an organisation be a responsible corporate citizen. Fostering responsible corporate citizenship King IV™ prescribes several recommended practices in order to foster responsible corporate citizenship — [...]

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The importance of performing a King IV™ gap analysis — Implementing a good corporate governance framework

Author: Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services What is corporate governance? The King Report IV on Corporate Governance for South Africa™ (“King IV”) defines corporate governance as the application of ethical and effective leadership by the governing body. Good governance outcomes such as ethical culture, good performance, effective control, and legitimacy help [...]

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King IV™ – A Synopsis of Principles 1 and 2 of King IV™ Pertaining to Leadership and Ethics

Author: Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services The King Report IV on Corporate Governance for South Africa™ (“King IV”) sets out a governing body’s primary governance roles and responsibilities which is to set and steer the strategic direction of an organisation, approve the policies and planning in their organisation, the overseeing and [...]

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The Difference between King III and King IV

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services The King Report III on Corporate Governance for South Africa™ (“King III”) was replaced in its entirety by the King Report IV on Corporate Governance for South Africa™ (“King IV”) on 1 November 2016 and became effective for all financial years commencing from 1 April 2017 [...]

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