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Critically discuss the value of independent directors, as well as the King IV approach to the assessment of the independence of directors. Elaborate specifically on

Critically discuss the value of independent directors, as well as the King IV approach to the assessment of the independence of directors.

Elaborate specifically on the following:

Background and contextualisation of codes of conduct

The value of independent directors

Practical implications of assessing independence

Comparing independence requirements: The Companies Act, King III and King IV.

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