King IV | Remuneration governance
How to achieve greater transparency and accountability
A closer look at recommendations for the remuneration policy, approval and disclosures in terms of King IV and practices from an international perspective.
Remuneration of directors is one of the most debated topics in the corporate governance arena, due to the tension between stakeholders demanding to understand directors’ remuneration and the directors’ desire for the privacy of their financial affairs. In line with international developments, remuneration is receiving far greater prominence in King IV.
We elaborate on the following components of King IV in this article:
- Remuneration policy and structuring
- Approval of remuneration
- Stakeholder activism
- Perceptions and the pay gap
- Remuneration disclosure