The Report for Corporate Governance for South Africa and the Code of Governance Principles (King III or King 3) were released on 1 September 2009.
A draft of King III was previously published for comment. The comments have been considered and any changes that were considered necessary have been made.
King III comprises a Code, a Report and Practice Notes.
- Download the King III Code.
- To view the Report, click here.
- To download the Practice Notes, click here.
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Tags: corporate governance, King 3, king code, King III, king iii report
2 Comments
poliver on October 08, 2009 - 12 pm
What are director’s voting rights in King 3 – what are the changes
John Giles on October 09, 2009 - 4 am
Director’s voting rights are not directly dealt with in King III. The Companies Act will however have a significant impact – it is dealt with in various parts of the Act. See http://www.michalsons.com/companies-act-2008-signed-but-not-in-operation/2254