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The King Report

The King Report, officially known as the King Report on Corporate Governance, is a crucial framework developed in South Africa to guide companies on ethical leadership and accountability. Released in 1994 and updated in subsequent years, it emphasizes the importance of governance structures that promote transparency, fairness, and responsibility. The report advocates for a system where boards of directors prioritize stakeholder interests and sustainable business practices. It has influenced corporate governance not just in South Africa, but also globally, serving as a model for companies seeking to enhance ethical standards and practices in their operations.