Hellreigel et al. (2017) discuss ethics and corporate social responsibility as key elements of corporate citizenship that contribute to good corporate governance.

Read the following documents with this in mind.

Prescribed readings: Institute of Directors in South Africa. 2016. King IV Report on Corporate Governance for South Africa 2016: Parts 5.1, 5.2 and 6.6. King Committee on Governance. [Online] Available from: https://cdn.ymaws.com/www.iodsa.co.za/resource/collection/684B68A7-B768- 465C-8214-E3A007F15A5A/IoDSA_King_IV_Report_-_WebVersion.pdf

Industrial Development Corporation of South Africa (IDC). 2022. Integrated Report. [Online] Available from: https://idc.co.za/financial-results/ [Accessed: 2022-11-28]

Write a three-page report (of approximately 1 500 words) in which you evaluate how IDC, as part of its corporate governance effort, is ensuring that the company is well-managed and functions with integrity and accountability

Report should be well laid out in short paragraphs.

Bullet points may only be used to support a discussion.

Use the following structure as a guideline when planning and drafting your report:

Introduction

Define corporate governance in the context of the Industrial Development Corporation of South Africa (IDC)

Corporate governance at IDC - elements to consider:

IDCs corporate governance effort

Stakeholder engagement and relationships

Risks and opportunities

Strategy and resource allocation

Performance and outlook

Remuneration

Governance.

Define corporate citizenship in the context of IDC

Consider the following forces that guide and shape ethical conduct at IDC:

Ethics management strategy

Ethics risk assessment