41 Question 4 [20] Study the case study on the Maxwell Group on page 4 of your textbook (Wiese, T. 2017:4). Also study the seventeen principles as proposed in the King IV Codeas listed on pages 20-21 in your textbook. Now answer the following questions List four (4) principles that were given in King IV that were either not complied with or not adhered to, by the Management and CEO of the Maxwell Group (4 42 For each of these principles (as identified in 4.1), explain how the principle was compromised and what the Company could/should have done to ensure good corporate governance. (8) 4.3 What were the reason's for Coopers and Lybrand to pay 67 million pounds to creditors? (2) According to King IV - what could the Board have done to preventa situation where creditors would have a claim aganst either the company or its auditors? (6) 44 41 Question 4 [20] Study the case study on the Maxwell Group on page 4 of your textbook (Wiese, T. 2017:4). Also study the seventeen principles as proposed in the King IV Codeas listed on pages 20-21 in your textbook. Now answer the following questions List four (4) principles that were given in King IV that were either not complied with or not adhered to, by the Management and CEO of the Maxwell Group (4 42 For each of these principles (as identified in 4.1), explain how the principle was compromised and what the Company could/should have done to ensure good corporate governance. (8) 4.3 What were the reason's for Coopers and Lybrand to pay 67 million pounds to creditors? (2) According to King IV - what could the Board have done to preventa situation where creditors would have a claim aganst either the company or its auditors? (6) 44