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King IV - Coggle Diagram
King IV
Objectives
Promote corporate governance
Broaden the acceptance of King IV
Reinforce corporate governance
Encourage reporting to stakeholders
Present corporate governance
Governing bodys primary governance role and responsibilities
Approves policy and planning
Ensures accountability
Oversees and monitors
Steers and sets strategic direction
Underpinning philosophies
Integrated thinking
Corporate citizinshep
Stakeholder inclusivity
The organisation as integral part of society
Definition
the exercise of ethical and effective leadership by the governing body to achieve the following outcomes
Ethical culture
Good performance
Effective control
Legitimacy