Which one of the following is NOT included in the KING IV Report on good corporate governance practices? a. Corporate citizenship. b. Traditional bottom line. c. Sustainability reporting. d. Social responsibility.
The correct answer is **b. Traditional bottom line.**
The KING IV Report emphasizes broader governance issues, including corporate citizenship, sustainability reporting, and social responsibility, but it does not focus on the traditional bottom line in a narrow financial sense, instead advocating for a more integrated approach to value creation.
Update (2024-11-07):
The KING IV Report on good corporate governance practices encompasses a range of principles related to corporate governance. Among the options listed, the one that is NOT included in the KING IV Report is:
b. Traditional bottom line.
The KING IV Report focuses on broader concepts, including corporate citizenship, sustainability, and social responsibility, rather than just the traditional bottom line, which primarily refers to financial profits.