King Report on Corporate Governance

The King Report on Corporate Governance is a crucial framework designed to promote ethical management and accountability in corporations, particularly in South Africa. It outlines principles for effective governance, emphasizing transparency, fair treatment of stakeholders, and responsible decision-making. The report encourages companies to focus not only on profits but also on social responsibility and environmental sustainability. By establishing these guidelines, the King Report aims to enhance trust and integrity in the corporate sector, ultimately fostering a healthier economy and society. It is often updated to reflect changing business practices and societal expectations.