King III in Summary
King III can be considered complex, boring, hard to read and even tedious – NOT with Candor!
This page provides information about the code and opportunities to explore further.
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What is King III?
King III is arguably the world’s leading corporate governance standard. Click on the link to find out more…
Chapter 1 ‘- Ethics
King III starts with ethics in Chapter 1. As in life, ethics is interwoven throughout. Click on the link for more…
Chapter 1 ‘- Corporate Citizenship
Corporate citizenship, social responsibility and sustainability. Click on the link to find out more…
Chapter 2 ‘- Boards and directors
Chapter 2 also importantly addresses corporate strategy and business rescue. Click on the link to find out more…
Chapter 3 ‘- Audit Committees
This addresses Audit Committees and the combined assurance model. Click on the link to find out more…
Chapter 4 ‘- Risk Governance
The governance of risk versus the management of risk – who does what? Click on the link to find out more…
Chapter 5 ‘- IT Governance
IT governance is new to South Africa’s code of corporate governance. Click on the link to find out more…
Chapter 6 ‘- Compliance
Companies must comply with pertinent and applicable laws. Click on the link to find out more…
Chapter 7 ‘- Internal Audit
Internal Audit is a key component of the combined assurance model. Click on the link to find out more…
Chapter 8 ‘- Stakeholder Relationships
This chapter could be more aptly named “The governance of reputation”. Click on the link to find out more…
NOTE: The comments in this page are to be read within the context of the candor legal notices which can be found at this web site. The Institute of Directors in Southern Africa’s ownership of the copyright in the publications “King Report on Governance for South Africa 2009” and “King Code of Governance for South Africa 2009” is hereby acknowledged.
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