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KING IV REPORT
The governing bodies' primary governance roles,…
KING IV REPORT
The governing bodies' primary governance roles, responsibilities and practices
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Practices
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Ensure remuneration is fair, responsible and transparent to promote achievement of strategic objectives
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Assurance services & functions enable effective control environment to support integrity of information
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Appointment of & delgation to management = role clarity & effective exercise of authority & responsibility
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Oversees and
monitors
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Should comprise appropriate balance of knowledge, skills, experience, diversity and independence
Ensures
accountability
Delegation should promote independent judgement, assist with balance of power and effective discharge of duties
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