KING IV PANEL DISCUSSION
NEW YEAR, NEW RULES: KING IV™ AND DIRECTORS’ DUTIES AND RESPONSIBILITIES
In a changing world where information is literally at the fingertips of society at large, ethical governance is not just expected but is demanded of everybody who fulfils a leadership position. It matters not whether a governing body is in charge of a small enterprise, a large listed company, a state owned company or even a government body.
In this regard, the King IV Report on Corporate Governance™ (“King IV™”), which was launched on 1 November 2016 and will become effective in respect of financial years commencing on or after 1 April 2017, is an invaluable guide to leaders of organisations on how to govern ethically. It sets out several principles which essentially embody universal ideals which all organisations no matter their size or description should strive to achieve.
Not only is compliance with King IV™ incorporated in the JSE Listing Requirements, but our Courts may also consider it as being relevant when evaluating whether leaders of organisations have fulfilled their duties with the degree of care, skill and diligence that may reasonably be expected of them.
Please join us on 16 February 2017 when our panel of experts will review and discuss the King IV Report on Corporate Governance™.
The panel discussion will be facilitated by Michael Avery, and our panel members will include:
- Lindie Engelbrecht: Executive Director, Members & Global Alliances at SAICA
- Michael Judin: Senior Partner, Goldman Judin Inc. and member of the task team which wrote King IV
- Michael Avery: Anchor, Classic Business show on Classic FM
- Eric Levenstein: Director, Werksmans
- Ahmore Burger-Smidt: Director, Werksmans
- Nastascha Harduth: Director, Werksmans
Note: Ownership of King IV Report on Corporate Governance™, King IV Report™, King IV Code™ and King IV™ is held by the Institute of Directors in Southern Africa NPC and all of its rights are reserved. We are not endorsed by the Institute of Directors in Southern Africa NPC.