Reviewing State-Owned Entities’ Governance Landscape in South Africa

Modimowabarwa Hendrick Kanyane · Kombi Sausi

47 citations0/0 files storedAfrican Journal of Business Ethics

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Public Administration in Developing Nations Corporate Finance and Governance State Capitalism and Financial Governance

Abstract

The current state-owned entities’ governance landscape ranges from fragmented accountability frameworks to convoluted array of parent entities, subsidiaries and sub-subsidiaries. The article reviews the state-owned entities’ governance landscape to unravel underlying inconsistencies and contradictions and thereby provides a compelling argument for opting to create an overarching state-owned entities’ governance and seamless legislative framework. As the proposed overarching option is not an absolute resolve, the study tests whether the option could assist in arriving at a liberating praxis that would straddle though fulfilling corporate and developmental aspirations of the state. The study perused research reports and literature review applying qualitative methods.

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References

2003Corporate governance, investor protection, and performance in emerging markets 1997The Constitution of the Republic of South Africa, 1993, Act 108 of 1996 2007The Promise and Peril of Corporate Governance Indices 2007The Mythical Benefits of Shareholder Control 1989Public enterprise reform: Privatization and the World Bank 1997Ownership, Regulation, and Managerial Monitoring in the Electric Utility Industry

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2017Corporate governance of the state-owned enterprises in an emerging country: Risk management and related issues 2022Framework for Screening and Evaluating the Competencies and Qualities of the Board of Directors in South Africa’s State-Owned Companies

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