dc.contributor.advisor | Rena, R. | en_US |
dc.contributor.author | Sibanyoni, B. | en_US |
dc.date.accessioned | 2021-09-16T05:50:30Z | |
dc.date.available | 2021-09-16T05:50:30Z | |
dc.date.issued | 2021 | en_US |
dc.identifier.uri | https://orcid.org/0000-0003-3411-1318 | en_US |
dc.identifier.uri | http://hdl.handle.net/10394/37461 | |
dc.description | MBA, North-West University, Potchefstroom Campus | |
dc.description.abstract | This research explores the principles of corporate governance and the material losses in business organisations. The concept of corporate governance continues to dominate the business world especially with major business organisations collapsing from non-compliance, dishonesty and unethical behaviors. The objective of this research study is to investigate the non-compliance of corporate governance principles and practices which result in material losses in business organisations. The study will focus on explaining the key concepts and principles of corporate governance, and the material losses incurred. Six business organisations were analyzed to identify gaps in implementing key corporate principles, and determining the impact of material losses. The King Committee led by Dr Mervyn King has developed four King Reports on corporate governance. The suggested principles have been adopted by the public sector and the JSE as part of s the regulation governing the existence of various companies. Corporate governance principles are an essential and significant part of the organisation- detailing how businesses are controlled and managed. The relationship between the lack of application of corporate governance principles and material losses is significant in all business organisations. Many of the corporate scandals which are normally driven by fraud, corruption and bribery could be mitigated if the principles of corporate governance are adhered to. This would preventorganisations suffering material losses financially and due to reputational damages. The research is qualitative in nature using secondary sources. The results from the study confirm the parallel and a complementary relationship between the application of corporate governance best practices and the corporate growth, profitability, and sustainability. The inverse in also true, the non-application of corporate governance best practices results in material losses. The leadership and management should ensure that background checks of those charged with governance are done effectively and efficiently. The Board should develop and implement policies and procedures aimed at maintaining high levels of integrity and ethical standards, in order to simplify the application of corporate governance standards and best practices. Further research should develop a model for regulation that focuses and facilitates the reporting of corporate governance best practices | |
dc.language.iso | en | en_US |
dc.publisher | North-West University (South Africa) | en_US |
dc.subject | Corporate governance | |
dc.subject | Ethics | |
dc.subject | Material losses | |
dc.subject | Principles and practices | |
dc.subject | Governance | |
dc.subject | Leadership | |
dc.subject | Investigation | |
dc.subject | Governing Board | |
dc.subject | King Codes | |
dc.title | Investigating non-compliance with corporate governance principles on material losses in selected business organizations | en_US |
dc.type | Thesis | en_US |
dc.description.thesistype | Masters | en_US |
dc.contributor.researchID | 29642906 - Rena, Ravinder (Supervisor) | en_US |