King Code Corporate Governance ⑬

·
King
Code-sustainable reporting
corerate-Referstostem oflespracticesProcessthe D
·
Social Responsibility
-> King Code -> Corporate Social Responsibility
·
Company's positivewillandnegative affecton the
community. that
moral responsibility
· benefits the
community
· How the company sustain positive aspects andeliminate ↳) benefits business
negative aspects. ·

obligation
-> Governance Framework ·
Protect and promote the welfare ofall stakeholders.
complyorelse where companies
.
have to apply
to a one size fits -> Corporate Social Investment
framework sustainable
all approach. * Not Actual resources that investedin these stakeholders.
-
· are
towards decisions Factors ofproduction
Apply explain legal dutyto actin good faith Integrated
·
or
business. Triple Bottom Line reporting
· -

andactions taken by the Bottom Line Reporting

- =

framework
·

↳ Economic= profit
↳ Environment planet
-

social aspects:people
↳)

-> Sustainability
⑭ ·
to start
Enable the community becoming self-sufficient
-> Primary Characteristics
4) Provide Skills
·

Transparency
Putin place to
fraud is avoided
ensure that -
andmeasures are ↳ Long-term
sustainable
avoidthis. No
cheque book approach not
-
·

·
Independance -
avoidance of undue influence
any byinterested ↳ Just giving money.
Stakeholders
↳ No bigs
↳Objective manner
·

Accountability -
to take complete account of
something thathas Ch.3
happened or happening. CSR and
CSR South Africa ⑳
in
↳) clear description Corporate Governance
accountability:lack confidence by stakeholders
↳) lack of -> Factors thatrequire CSR
Fairness. To be treated with equality
and
avoiding bias to wards a Inequalities
·

ofthe past
·

particular group. cycle ofpoverty

is honest
that andtruthful. ·

Integrity-Doing business in amanner

years of apartheid
Enviroment sustainability-D, degradationInnironment!
·

pillar · Culture of crime andviolence

↳ Product, Process, Practices, Premises ·

Technological advancement
-> Poverty
·
Extreme_living under Ras
poverty
D moderatel so me form of
subsistence
meagre income
-

⑤ poverty
-> Benefits ofgood governance
· Maintains investors Raise
confidence
-

capital
minimises wastages, corruption and
-> FTSE/JSE
0
6
Responsible InvestmentIndex
·

risk? mismanagement. from

Aim to move away
Helps brand formation
·

assessing a companyin terms of:

company's
·

what
↳)
itdoes
anddevelopment. ↳ Assessing it it
by asetof standard on what discloses.
Loweringcapital acquisition costs
Investorswillhaveanincreasedopportunityto integrate
·
·

Ensures corporate andeconomic

·
growth
Transparentandconsistent
methodology thatmeasures
·

risk across a variety of

ESG areas.