Law College

Q7 - Which of the following is NOT an aspect of integrated thinking as interpreted by King IV?
A: Stakeholder inclusivity
B: Corporate citizenship
C: Shareholder primacy
D: The organisation being an integral part of society

Answers

Answer 1

The correct answer is C: Shareholder primacy  is NOT an aspect of integrated thinking as interpreted by King IV .

The King IV report emphasizes integrated thinking as a key aspect of corporate governance. Integrated thinking encourages organizations to consider their impact on various stakeholders and to view themselves as integral parts of society. It promotes a holistic approach that goes beyond financial considerations and emphasizes long-term sustainability.Among the given options, "Shareholder primacy" is NOT an aspect of integrated thinking as interpreted by King IV. Shareholder primacy refers to the belief that the primary responsibility of a company is to maximize shareholder value. While shareholders are important stakeholders, integrated thinking recognizes the significance of other stakeholders as well, including employees, customers, communities, and the environment.King IV emphasizes stakeholder inclusivity, corporate citizenship, and the organization's integration into society as essential aspects of integrated thinking. These principles reflect a broader perspective that goes beyond focusing solely on shareholder interests. By considering the interests of multiple stakeholders and contributing positively to society, organizations can achieve sustainable success.In summary, the correct answer is C: Shareholder primacy.

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Related Questions

What is the environmental impact assessment act, and its
benefits? (please answer in a detailed non- plagiarized answer
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The Environmental Impact Assessment Act evaluates and manages the environmental impacts of proposed projects, promoting sustainable development and environmental protection.

A framework for assessing and managing the potential environmental effects of proposed projects or activities is established by the Environmental Impact Assessment Act. Its main advantages include promoting sustainable development by taking into account social, economic and environmental factors, protecting the environment by identifying and mitigating negative effects and facilitating public participation in decision making processes.

The act promotes project enhancements and modifications, ensures adherence to environmental regulations and provides comprehensive information on environmental impacts to enable informed decision making. The EIA Act promotes more environmentally conscious and sustainable development, ecosystem protection and a balance between development and conservation by incorporating environmental factors into project planning.

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What does the proverb, "Motse go swa mabapi" mean? a. People help each other. O b. Harmony in love. O c. Together we stand, divided we fall.​

Answers

Answer:

The answer is a.

People help each other.

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