Principle 8 of the King IV Code read as follows: The board should ensure that its arrangements for delegation within its own structures promote independent judgement, and assist with the balance of power and with the effective discharge of its duties. (Wiese 2017, pg. 21)

4.1 Briefly discuss how Boards usually structure themselves in order to ensure that they execute their duties effectively? (10)

4.2 Explain how the delegation of responsibilities within a board contribute to independent judgement? (7)

4.3 What do you think the King committee had in mind when they used the term balance of power?