n Without Prejudice - King Code and developments in corporate governance : company law

Volume 10, Issue 10
  • ISSN : 1681-178X



The First King Report on Corporate Governance (First Report) was published in 1994 by the Institute of Directors in response to the increasing concern over corporate failures and the perceived need for a formal code of corporate governance. It sought to assist companies and their directors by providing a comprehensive set of principles and guidelines to codify, clarify and, in certain circumstances, expand upon the common law principles of corporate governance.

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