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CORPORATE GOVERNANCE AND KING III The Companies Act, apart from other regulatory prescriptions contains numerous governance prescriptions. The Act together with the King III code constitute the premier
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King III refers to the Code of Corporate Governance in South Africa that provides guidelines for ethical and effective leadership in businesses.
All companies listed on the Johannesburg Stock Exchange are required to comply with the King III code.
Companies need to go through the code and ensure they are meeting the necessary requirements for ethical and effective governance.
The purpose of King III is to promote transparency, accountability, and ethical behavior in South African businesses.
Companies need to report on their governance structures, transparency practices, and adherence to ethical standards.
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