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Principle 3 of King IV states that the board should ensure that the company is and is seen to be , a responsible corporate citizen.
Principle of King IV states that the board should ensure that the company is and is seen to be a responsible corporate citizen.
List A below provides examples of factors which a company should consider in relation to being a responsible corporate citizen.
List B provides examples of how a good corporate citizen might act.
List A Factors to be considered:
human rights.
employee well being and development.
holding business associatescontractors to account on their own responsible corporate citizen practices.
the impact on communities in which the company conducts its activities.
List B how a good corporate citizen might act:
i assist in providing basic human needs such as housing and fresh water.
ii provide literary classes and study bursaries for employees.
iii implement a policy of developing emerging small businesses as permanent suppliers.
iv provide solar panels and wifi connectivity to local schools.
Which one of the following alternatives correctly matches the factors described in List A a to d with the examples thereof in List B i to iv
Select one:
a
LIST A LIST B
i
iii
iv
ii
b
LIST A LIST B
i
ii
iii
iv
c
LIST A LIST B
iv
iii
ii
i
d
LIST A LIST B
ii
iv
iii
i
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