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The value of corporate governance : a comparison between the perceived value of King III and King II
Dissertation (MCom)--University of Pretoria, 2018.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2018
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| _version_ | 1867613600590331904 |
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| access_status_str | Open Access |
| author2 | De Jongh, Derick |
| author_browse | De Jongh, Derick |
| author_facet | De Jongh, Derick |
| collection | Thesis |
| dc_rights_str_mv | © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MCom)--University of Pretoria, 2018. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/65491 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:38:43.836Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/65491 The value of corporate governance : a comparison between the perceived value of King III and King II De Jongh, Derick phumzile@afropulse.co.za Langeni, Phumzile UCTD Dissertation (MCom)--University of Pretoria, 2018. The corporate governance failures of the 1980s, 1990s and 2000 are a harsh reminder of the importance of codes of practices, ethical conduct and a balance between the profit motive and sustainability that should underpin corporate decisions and conduct. The introduction in 1994 of King I, South Africa’s first corporate governance code, was not only a new milestone in business practice but a recognition of the need to establish and support new practices that were a reflection of the new democracy. Since then, three subsequent King Codes have appeared: King II, IIII and very recently King IV. This dissertation which was based on the findings of a study by Jansen van Vuuren and Schulschenk (2013), and reported that King II was perceived to have added greater value than King III, was undertaken to in more detail investigate factors or circumstances that might explain the perceived decrease in the value of King III compared with that of King II. The study also aimed to explore the participants’ perception of the value of corporate governance. The study employed an exploratory, qualitative, interpretive method using probability sampling and semi-structured interviews. The participants were articulate and knowledgeable non-executive directors of companies with a close working experience of the King Codes. The findings were wide ranging. Participants overwhelmingly endorsed the value of the King Codes to corporate governance in South Africa and elsewhere. There was, however, broad agreement with the findings of the Jansen van Vuuren and Schulschenk (2013) study, which reported that King II was perceived to have added greater value than King III, mainly on the grounds that King II was ground-breaking and game changing, while King III was more of a refinement. Participants furthermore warned against the danger of compliance with future codes becoming onerous, or too much of a tick-box exercise. Business Management MCom Unrestricted 2018-07-13T06:48:21Z 2018-07-13T06:48:21Z 2018/05/04 2018 Dissertation Langeni, P 2018, The value of corporate governance : a comparison between the perceived value of King III and King II, MCom Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/65491> A2018 http://hdl.handle.net/2263/65491 en © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD The value of corporate governance : a comparison between the perceived value of King III and King II |
| title | The value of corporate governance : a comparison between the perceived value of King III and King II |
| title_full | The value of corporate governance : a comparison between the perceived value of King III and King II |
| title_fullStr | The value of corporate governance : a comparison between the perceived value of King III and King II |
| title_full_unstemmed | The value of corporate governance : a comparison between the perceived value of King III and King II |
| title_short | The value of corporate governance : a comparison between the perceived value of King III and King II |
| title_sort | value of corporate governance a comparison between the perceived value of king iii and king ii |
| topic | UCTD |
| url | http://hdl.handle.net/2263/65491 |