Understanding the impending legislative changes that will impact South African golf clubs is imperative to driving a sustainable approach to business and stakeholder management.
Corporate governance in South Africa is informed by common law, statue soft law and market regulation. These can be difficult to navigate, and it can be often be unclear how they can impact your golf club.
The John Collier Survey walks your golf club through the “16 principles of King IV” that apply to all entities including Golf Clubs in South Africa and guide your process to better align with the required government outcomes, namely:
- Ethical cultures
- Good performance
- Effective control