King Report definition

King Report means the King Report on Corporate Governance for South Africa 2002 by the King Committee on Corporate Governance of the Institute of Directors in Southern Africa.
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King Report means the King Report on Corporate Governance.
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King Report means the King Report on Corporate Governance for South Africa, 2009, as amended or replaced from time to time;
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Examples of King Report in a sentence

  • Their main functions are to govern the enterprise as defined in the King Report; formulate and implement policy; undertake strategic planning; and plan, direct and co-ordinate the activities of the enterprise.3.8.2 Board participation refers to the level of control exercised by a person over the decisions of the board.3.8.3 Measured entities that do not have a board of directors may apply to the Council for dispensation to deem their executive committee to be a board.

  • The municipality confirms and acknowledges its responsibility to total compliance with the Code of Corporate Practices and Conduct ("the Code") laid out in the King Report on Corporate Governance for South Africa 2002.

  • ACTIAM supports the 2016 amended South African King Report on corporate governance (King IV Report).

  • In addition to legislative requirements based on a public entity’s enabling legislation, and the Companies Act, corporate governance with regard to public entities is applied through the precepts of the Public Finance Management Act (PFMA) and run in tandem with the principles contained in the King Report on Corporate Governance.

  • In addition to legislative requirements based on a public entity’s enabling legislation, corporate governance with regard to public entities is applied through the precepts of the Public Finance Management Act (PFMA) in tandem with the principles contained in the King Report on Corporate Governance, 2009 (King III).Parliament, the Executive and the Accounting Authority of the public entity are responsible for corporate governance.

  • According to the King Report on Corporate Governance, risks are “uncertain future events that could influence the achievement of a company’s objectives” (King Report on Cor- porate Governance for South Africa 2002: Section 2, Chapter 1).

  • Armstrong (1997) notes that the subject of corporate governance reverberated around developed and developing countries; this according to him was evidenced in King Report in South Africa, Dey Report in Canada and Bosch Report in Australia.

  • King Report II (2002), for Bondamakara (2010) and Young (2010), presents the following seven governance principles: Discipline, transparency, independence, accountability, responsibility, fairness and social responsibility.

  • In line with the reporting recom- mendations of the King Report on Governance for South Africa 2009 (King III), which comes into effect for JSE-listed companies for financial years ending after 1 March 2011, we will seek to become progressively more integrated in our approach going forward.

  • The King Report on Corporate Govern- ance states that IT brought with it “increased risks and challenges that need to be addressed” by management, and that e-business initiatives have “implications for internal control systems” (King Report on Corporate Governance for South Africa 2002: Section 5, Chapter 4).


More Definitions of King Report

King Report means the King Report on Corporate Governance for South Africa – 2002.
Sample 1
King Report means the King Report on corporate Governance for South Africa 2002 authored by the King Committee ion Corporate Governance of the Institute of Directors in Southern Africa. D2. Employment Equity Structure of the Enterprise: State the number of staff (employees) in your organization by completing the table below. Employee bears the same definition as stipulated in the Employment Equity Act No. 55 of 1998 being;
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Related to King Report

  • Receiving report means the data required by the clause at 252.246-7000, Material Inspection and Receiving Report.

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • Engineering Report means either an Independent Engineering Report or an Internal Engineering Report.

  • ESDM Report means the Emission Summary and Dispersion Modelling Report prepared in accordance with the Procedure Document by Envision Compliance and dated July 3, 2007 submitted in support of the application, and includes any amendments to the ESDM Report listed in Schedule A and all up-dated ESDM Reports prepared as required by the Documentation Requirements conditions of this Certificate.

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Engineering Reports has the meaning assigned such term in Section 2.07(c)(i).

  • Assessment Report : means the assessment report referred to in Articles 32(2) and 33(3) of Regulation (EC) No 834/2007 drawn up by an independent third party fulfilling the requirements of ISO Standard 17011 or by a relevant competent authority, which includes information on document reviews, including the descriptions referred to in Articles 4(3)(b) and 11(3)(b) of this Regulation, on office audits, including critical locations and on risk-oriented witness audits conducted in representative third countries.

  • Independent Engineering Report means a report, in form and substance satisfactory to the Administrative Agent and each of the Lenders, prepared by an Independent Engineer, addressed to the Administrative Agent and the Lenders with respect to the Oil and Gas Properties owned by the Borrower or its Subsidiaries (or to be acquired by the Borrower or any of its Subsidiaries, as applicable) which are or are to be included in the Borrowing Base, which report shall (a) specify the location, quantity, and type of the estimated Proven Reserves attributable to such Oil and Gas Properties, (b) contain a projection of the rate of production of such Oil and Gas Properties, (c) contain an estimate of the net operating revenues to be derived from the production and sale of Hydrocarbons from such Proven Reserves based on product price and cost escalation assumptions specified by the Administrative Agent and the Lenders, and (d) contain such other information as is customarily obtained from and provided in such reports or is otherwise reasonably requested by the Administrative Agent or any Lender.

  • Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Standard Time.

  • SOS Reports means the official reports from the Secretaries of State of each Collateral State, Chief Executive Office State and the Borrower State and other applicable federal, state or local government offices identifying all current security interests filed in the Collateral and Liens of record as of the date of such report.

  • Progress Report means the report similar in form and content to that attached hereto as Appendix III.

  • Weekly Report means a report, in substantially the form of Exhibit IX hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to clause (i) of Section 8.5.

  • Accountants’ Report means the report of a firm of nationally recognized Independent Accountants described in Section 4.11.

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • Payment Date Report has the meaning assigned to such term in Section 8.07(b).

  • Servicing Report has the meaning assigned to that term in Section 6.08(b).

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Final Report means the report described as a final report in 14 RCW 42.17.080(2).

  • Interim Report means a report identifying the contributions received and

  • Verified Report means the report submitted by the Purchaser to the Head of the Purchaser setting forth its findings as to the existence of grounds or causes for termination and explicitly stating its recommendation for the issuance of a Notice to Terminate.

  • Operating Statement Analysis Report format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Monthly Report means a report, in substantially the form of Exhibit X hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to Section 8.5.

  • Acoustic Assessment Report means the report, prepared in accordance with Publication NPC-233 and Appendix A of the Basic Comprehensive User Guide,by HGC Engineering and dated August 22, 2008 submitted in support of the application, that documents all sources of noise emissions and Noise Control Measures present at the Facility and includes all up-dated Acoustic Assessment Reports as required by the Documentation Requirements conditions of this Certificate to demonstrate continued compliance with the Performance Limits following the implementation of any Modification.

  • Annual Statement of Compliance As defined in Section 3.13.