The South African wave : a leap of faith
- Authors: Hutcheons, Sean
- Date: 2012-08-15
- Subjects: Management - South Africa , Corporate governance - South Africa
- Type: Thesis
- Identifier: uj:9369 , http://hdl.handle.net/10210/5807
- Description: M.Comm. , The normal pattern of life is birth, childhood, adulthood, old age and death. South Africa can still be seen in its childhood shoes in relation to countries like the USA, Japan and others. However, the playing field in the international arena that South Africa has to operate in when it comes to survival, is not divided between children and adults but instead, we are all competing on equal terms, and South African companies will have to realise that only the strong will survive. It is with this view in mind that this study has been undertaken in the hope that at completion South Africa will have its own management wave. South Africa is a country on its own with a history like no other country and a diversity like no other country. Therefore South Africa needs her own management wave, a wave out of South Africa for South Africa. The international competitive playing field is something new to South Africa and companies will have to adapt, or in years to come only a few of the current companies will have survived. To enable South African management to determine their own management a comparison of South Africa with her main competitors will be done, This will help to determine what is still needed in South Africa on the economical, political and educational fields and to help determine what South Africa need to survive for now and for the future. With this in mind it will be possible to start creating South Africa's own management wave which will enable companies, big and small, to still be part of South Africa in time to come, and to withstand the onslaught of overseas companies . South Africa is young, and has a very turbulent history, but with past happenings like: The Big Trek; The Boer Wars; The years of apartheid; The coming of democracy; it is clear that the South African people has got the will, stamina and strength to survive. South Africans now need to realise "EX UNITATE VIRES". It is with this in mind that the conclusion of this study will show South African companies, big and small, a new and unique management wave to follow. This new management wave will lead South Africa to a brighter future and a better tomorrow.
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A South African perspective on the advantages and disadvantages of codification of directors’ duties.
- Authors: Nkomo, Fanuel
- Date: 2016
- Subjects: Directors of corporations - Legal status, laws, etc. - South Africa , Corporation law - South Africa , Corporate governance - South Africa
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/87789 , uj:19626
- Description: Abstract: Directors play an important role in a company. A company will succeed or collapse through directors depending on how well they carry out their duties. In order to protect companies many jurisdictions have adopted the approach of codification of the director’s duties. Some countries have adopted complete codification of directors’ duties and others have adopted what is said to be partial codification of directors’ duties. The Companies Act has partially codified some of the directors’ duties in South Africa. Codifications have got advantages and disadvantages, this research will provide a brief comparison of United Kingdom approach with the South African approach. It will conclude by exposing that a partial codification approach is suitable to follow in terms of South African company law. , LL.M. (Commercial Law)
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Determining the assumptions underlying Corporate Social Responsibility (CSR) practice in the South African food retail sector
- Authors: Vos, Elrida Louise
- Date: 2018
- Subjects: Social responsibility of business , Corporate governance - South Africa , Food industry and trade
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/294225 , uj:32007
- Description: Abstract: The purpose of this study was to determine the assumptions underlying CSR practice in the South African food retailer industry. To assist with determining the assumptions underlying CSR practice three retailers were selected as case studies. The methodology included a document study and interview with each retailer with specific focus on the food retailers CSR practices, whether CSR practice is aligned with organisational purpose and how CSR practice is measured. A review of available literature emphasised the importance of stakeholder theory with CSR practice. There was therefore emphasis on the relationships each food retailer had with its stakeholders as this also indicates the food retailers’ main approach to CSR practice. As also seen in the literature review, the contextual nature of CSR makes it difficult to define. This was evident in both the interviews and document studies as what is understood under the academic definition of CSR is labelled sustainability in practice. Further findings indicated that the consumer is the most important stakeholder to the food retailer industry. Furthermore, CSR practice is driven by brand and reputation management and the return on investment the perceptions of being a good corporate citizen generates for the food retailers. This leads to a tick-box or compliance-based approach of CSR practice and implementation. Despite these findings, it can be said from the qualitative data collected, that the study shows a textbook example of how corporate purpose frames CSR practice in the South African food retailer sector. The intangible nature of CSR makes it difficult to evaluate and can also influence CSR practice to be compliance-based as this makes it easier to measure. Further studies should be conducted to determine more appropriate ways in which to measure and evaluate CSR, these studies could include specific focus on the use of Social Return on Investment (SROI). Further studies could also help determine a more universally understood definition for CSR in the food retailer sector as well as various other industries. , M.A. (Strategic Communication)
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The relationship between entity related corporate governance factors and the establishment of separate risk management committee in South Africa
- Authors: Sekome, Nkoko Blessy
- Date: 2014-06-10
- Subjects: Auditing - Data processing , Financial risk management - South Africa , Information technology - Risk assessment , Corporate governance - South Africa
- Type: Thesis
- Identifier: uj:11436 , http://hdl.handle.net/10210/11132
- Description: M.Com. (Computer Auditing) , This dissertation aims to explore the entity characteristics associated with the implementation of the board-level stand-alone risk management committee (RMC) in South Africa. We developed a battery of econometric models based on triangulation of corporate governance theories which linked an entity’s decision to set up a separate risk management committee (RMC) in its board structures as a dependent variable and a host of entity-specific factors as independent variables. Data collected from audited annual reports of 181 JSE-listed non-financial entities was analysed using logistics regression estimation procedures. Our results show a strong positive relationship between the likelihood that an entity would establish a separate RMC, on the one hand, and board independence, board size, entity size, and industry type, on the other. Our study fails to find support for the hypothesis that an entity’s characteristics – such as the independence of the board chairman, the use of Big Four audit firms, financial reporting risks, and levels of financial leverage – do influence an entity’s decision to form a separate RMC. Our findings emphasize the role that information asymmetry between executive and non-executive directors, agency cost and potential damage to reputation capital of directors; diversity in background, expertise, and skills of directors; economies of scale in absorbing RMC costs; and industry-specific institutions and norms play in an entity’s decision to form a separate RMC. The implication of our findings is that policy-makers should consider the size and composition of boards and also take cognizance of entity size and industry-specific idiosyncrasies in setting recommended corporate governance practices.
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Perceptions of corporate governance within the South African medical schemes industry
- Authors: Harding, Noelene Vincenticia
- Date: 2014-02-11
- Subjects: Corporate governance - South Africa , Health insurance - South Africa
- Type: Thesis
- Identifier: uj:3849 , http://hdl.handle.net/10210/9218
- Description: M.Com. (Business Management) , Please refer to full text to view abstract
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Ethical corporate tax policy : an application of King IV
- Authors: Pahad, Sumayyah
- Date: 2019
- Subjects: Corporations - Taxation - Moral and ethical aspects - South Africa , Corporate governance - South Africa , King Committee on Corporate Governance
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/414205 , uj:34925
- Description: M.Com. (South African & International Taxation) , Abstract: Tax avoidance costs economies worldwide, including South Africa, millions of dollars. The most recent measure established to curb tax avoidance, is the introduction of tax as a corporate governance consideration. King IV obliges governing bodies to design and implement tax policies that are responsible, transparent and compliant, but does not provide guidance on the understanding or formulation thereof. It is imperative for organisations operating in South Africa to understand tax as a corporate governance consideration as JSE listed companies are required to report on the extent to which they comply with the prevailing King Report. Furthermore, failure to adhere to generally accepted corporate governance principles may in certain instances invoke legal liability. The purpose of this study is to assist organisations in the design and implementation of a responsible, transparent and compliant tax policy by: Acquiring an understanding of responsibility, transparency and compliance in relation to tax. This was achieved through a literature review which included explaining and simplifying these terms as defined King IV; and subsequently applying definitions and concepts found in OECD and UN documentation, academic articles, articles published by experts from leading audit and law firms and online tax forums, to confer meaning to responsibility, transparency and compliance within the realm of tax. Determining elements which organisations may include within its tax policy to demonstrate responsibility, transparency and compliance. These elements were identified using a content analysis method which involved collecting and analysing relevant data. This data, together with the definitions previously outlined, were used to make inferences regarding elements that demonstrate responsibility, transparency and compliance. An organisation which incorporates tax as part of its corporate governance essentially undertakes to act with a duty of care, ethically and compliantly in relation to taxes; such organisation is highly unlikely to engage in harmful tax practices. The introduction of tax as a corporate governance consideration therefore effectively serves to curb tax avoidance.
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Governance disclosures for the banking sector : a case study of African Bank Ltd.
- Authors: Khoza, Mpucuko Armstrong Ezekiel
- Date: 2019
- Subjects: African Bank Ltd. , Bank examination - South Africa , Bank failures - South Africa , Banking law - South Africa , Corporate governance - South Africa , King Committee on Corporate Governance
- Language: English
- Type: Masters (Thesis)
- Identifier: http://hdl.handle.net/10210/421713 , uj:35957
- Description: Abstract: In South Africa, a number of banks have failed since 1990. Governance issues have been cited as possible reasons for these failures. The purpose of this study was to understand governance disclosures with specific reference to the African Bank. This study analysed the disclosures of the governance and regulatory framework that banks must comply with, namely, the King III principles and recommendations in the wake of the financial crises 2007-2008. An empirical study was conducted to examine the extent to which governance was disclosed in African Bank’s last integrated annual report, published in 2014. Data was collected and analysed from published summaries and credible websites. A qualitative methodology was followed, and secondary data was used to establish the background of the research problem. A case study analysis was considered to be most appropriate for this study. A self-developed checklist was formulated based on King III; this was compared to the governance disclosures of African Bank to determine levels of compliance. The results of the study reveal that African Bank did not fully comply with the governance disclosures in terms of King III. Its disclosures, therefore, did not mirror the reality of the bank. , M.Com. (Computer Auditing)
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A conceptual model for effective financial corporate governance for municipalities in South Africa
- Authors: Majam, Tasneem
- Date: 2020
- Subjects: Corporate governance - South Africa , Municipal government - South Africa , Municipal finance - South Africa , Cities and towns - South Africa
- Language: English
- Type: Doctoral (Thesis)
- Identifier: http://hdl.handle.net/10210/451666 , uj:39808
- Description: Abstract: The study focused on financial corporate governance in general and on developing a conceptual model for effective financial corporate governance in municipalities in South Africa (SA) in particular. Scholars from various academic disciplines have researched the complex phenomenon of corporate governance in municipalities as a crucial element in ensuring a productive, sustainable, effective and efficient local government. Although corporate governance has been widely studied, financial corporate governance within municipalities and how to maintain its effectiveness has not yet been explored. The purpose of the study was to determine how effective financial corporate governance in municipalities can be achieved and to determine whether a conceptual model can be developed to help municipalities implement effective financial corporate governance... , D.Litt. et Phil. (Public Management and Governance)
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