The results show that the King Codes of Governance Principles have stood South Africa and South African companies in good stead, but that there is still work to be done for companies to internalise the progressive principles embodied through the King Codes, especially as it relates to embedding an ethical mindset within firms.

The engagement and dialogue on these issues are, however, encouraging and speaks to the strong active corporate citizenry that led to the release of the first King Report in 1994.

Visit www.up.ac.za/crl for the electronic versions of the three research reports.