Corporate Governace

Plus de détails

Central topic

par Emily Renner

Leadership Journey

par Dipak Chudasama

GMOs

par Joanne Wan

Cyberbullying: 1. Social aggression towards a victim using a digital device 2. Intent to cause harm to the victim 3. Involves a real or perceived imbalance of power between the victim and perpetrator (Redmond et al., 2018)

par Nadine Dunstone

Corporate Governace

Main topic

Organizational Ethics

Code Of Conduct and Ethics

Advice to employees on ethics, norms and moral

Risk Governance

Directors and Officers are well remunerated.

Audit,risk and compliance independence

External Audit unrestricted access to CEO and Shareholders

Remuneration

Remuneration Commitee to decide on fair remuneration for executives and directors

Appropriate Company Structure.PRASA CEO raised his own salary by over 350%. https://www.ru.ac.za/perspective/2017archives/howgovernancefailuresmessedupprasa.html

King IV, ethics and corporate governance relationship

Ethics

responsible and sustainable conduct by all stake holders involved

Guidelines for companies to implement good governance through soft law(ethics)

Corporate governance encourages stakeholders to exercise good morals for sustainability and benefit to everyone through a set of guidelines in the King 1V

Changes and new issues adressed

Remuneration Governance

Business rescue

Diversification

Stakeholder inclusivity

Information Governance

ESG

State owned enterprises should be independent

Leadership

Co conflict of interest.Old mutual CEO Dividend paid by an investment company he partially owned .https://theconversation.com/when-a-company-falls-out-with-its-ceo-lessons-from-south-africas-old-mutual-130135

Accountable

Responsible

Corporate Citizen

health and safety

Equal Opportunity

Social Responsibility. South African Airways failed to observe the B-BBEE on its procurement process.https://www.saflii.org/za/cases/ZASCA/recent.html

Reporting

Social Responsibility

Client referral system

Transparency. The Steinhoff case in which they were accounting irregularities.https://www.studocu.com/en-za/document/middelburg-combined-school/business-studies/steinhoff-corporate-governance-failure/103811980

Tech and Information Governance

Code of Conduct

PAIA

POPI.Applicants mobile number was made public and they were sued https://www.cliffedekkerhofmeyr.com/news/publications/2024/Sector/Technology/technology-and-communications-alert-18-september-summary-of-the-popia-case-of-munetsi-v-madhuyu-and-another#:~:text=The%20court%20found%20that%20by,are%20damages%20or%20an%20interdict.

Stakeholders

Fighting unethical practices

Effective communication and transparency

Protect the environment

Good relationship with clients

Comparison and contrast of King III and King IV

King 1V

Sustainable practise

Apply and explain the process to achieve the goals

Acknowledges a global community approach of inclusivity

King 111

Subtopic

Apply and Explain

transparency, accountabilty and fairness

Sustainable practices