Ensuring alignment with governance better practice is essential to managing risk and increasing shareholder value. The King III Code on Corporate Governance calls for increased management accountability in the form of the principles of corporate citizenship, sustainability and responsible leadership.
Good governance is not something that exists separately from the law. Directors and management have a duty to the organisation they run to discharge their legal duties – those of care, skill and diligence, as well as their fiduciary duties. Corporate governance largely concerns itself with the creation of structures and processes, accompanied by the checks and balances required to enable directors to discharge their legal responsibilities.
How we can help
Our Risk Advisory Services (RAS) team can assist you with the following:
- Developing and implementing governance frameworks and charters
- Performing assessments of boards, committees and directors
- Conducting governance training
- Developing, implementing and monitoring an ethics policy or code of conduct
- PFMA/MFMA compliance
Find out more about our:
Risk Advisory and Corporate Governance Services
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