KPMG supports good governance as the benefits of ethical leadership and well-run organisations accrues to everyone and is a platinum sponsor of “The King IV Report on Corporate Governance for South Africa 2016, Institute of Directors Southern Africa” also known as King IV™.

Good governance increases stakeholder confidence and lower the cost of capitals. Inclusive and integrated governance that aspires to sustainability is good for society.

The role of the governing body is to lead the organisation through the discharge of its responsibilities in relation to strategic direction, policy approval, oversight and accountability such that the good governance outcomes of an ethical culture, good performance, effective control and legitimacy with stakeholders are achieved by the organisation.

The King IV Code™ provides the 16 principles and 208 recommended practices that should assist the governing body and the organisation attain good governance outcomes.

The King IV Report on Corporate Governance for South Africa 2016, Institute of Directors Southern Africa” is owned by the Institute of Directors in Southern Africa NPC with all rights reserved and is available at http://www.iodsa.co.za/?page=AboutKingIV”