Which of the following is not a committee specifically recommended by the King IV Code?a.Remuneration committeeb.Sustainability committeec.Audit committeed.Risk committeee.Nomination committee
Question
Which of the following is not a committee specifically recommended by the King IV Code?a.Remuneration committeeb.Sustainability committeec.Audit committeed.Risk committeee.Nomination committee
Solution
The King IV Code, which provides governance principles for South Africa, specifically recommends the establishment of the following committees:
a. Remuneration Committee c. Audit Committee d. Risk Committee e. Nomination Committee
Therefore, the committee not specifically recommended by the King IV Code is:
b. Sustainability Committee
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