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Relationships between corporate governance principles and performance in state entities of a developing country

Author

Listed:
  • Albert Tchey Agbenyegah

    (Durban University of Technology, Department of Applied Management. Riverside Campus)

  • Bongani Innocent Dlamini

    (Durban University of Technology, Department of Applied Management. Riverside Campus)

  • Jey Difference Nyalungu

    (Durban University of Technology, Department of Applied Management. Riverside Campus)

Abstract

The conception of corporate governance practices remains a challenge across state entities in developing countries including South Africa. Corporate governance principles such as accountability, responsibility, reliability, ethical standards are core elements of effective and quality performance that spurs quality delivery of primary services. Positivism strategy aided by quantitative primary data was applied. Empirical data was collected through the administration of questionnaires to geographically dispersed 106 participants who were randomly and purposively selected. The authors used a structured questionnaires aided by quantitatively analyses through the Statistical Package for Social Sciences (SPSS) version 25.0. Key findings on this paper revealed that all the corporate governance principles contribute to entity’s performance. However, “fairness†largely contributes more to the level of performance. The study recommends policy makers and consultants need to embark on awareness campaigns through educational programmes. Key Words:Corporate Governance, Performance, State Entities

Suggested Citation

  • Albert Tchey Agbenyegah & Bongani Innocent Dlamini & Jey Difference Nyalungu, 2025. "Relationships between corporate governance principles and performance in state entities of a developing country," International Journal of Business Ecosystem & Strategy (2687-2293), Bussecon International Academy, vol. 7(4), pages 57-65, July.
    • Handle: RePEc:adi:ijbess:v:7:y:2025:i:4:p:57-65
    DOI: 10.36096/ijbes.v7i4.852
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    References listed on IDEAS

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    1. Ruxandra-Adriana Mateescu, 2015. "Corporate Governance Transparency and Board Independence: The Case of Four European Emerging Countries," Journal of Accounting and Management Information Systems, Faculty of Accounting and Management Information Systems, The Bucharest University of Economic Studies, vol. 14(4), pages 770-790, December.
    2. Sanda, Ahmadu & Mikailu Aminu S. & Garba Tukur, 2005. "Corporate governance mechanisms and firm financial performance in Nigeria," Working Papers a90dcbf2-6363-4210-a9a2-0, African Economic Research Consortium.
    3. repec:aer:wpaper:0afcf1befbf2 is not listed on IDEAS
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    5. Francis C. Kim & Chung-Ki Min & Christopher Maden, 2004. "Chaebols and Corporate Governance in South Korea," Palgrave Macmillan Books, in: The Governance of East Asian Corporations, chapter 9, pages 177-198, Palgrave Macmillan.
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