King IV Report on Corporate Governance

The King IV Report on Corporate Governance is a framework developed in South Africa that sets out principles for effective corporate governance. It emphasizes ethical leadership, transparency, and accountability in organizations. The report aims to enhance trust and sustainability by encouraging businesses to consider the interests of all stakeholders, not just shareholders. Key principles include good governance practices, responsible decision-making, and ensuring that companies act in the best interest of society and the environment. Overall, King IV promotes a holistic approach to governance that fosters long-term value creation.