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An Expert Evaluated Nomination Process for the Board of Directors in South Africa’s State-Owned Companies

In: Impacting Society Positively Through Technology in Accounting and Business Processes

Author

Listed:
  • Hlobo Modi

    (University of Johannesburg)

  • Moloi Tankiso

    (University of Johannesburg)

  • Marx Ben

    (University of Johannesburg)

Abstract

The primary challenge facing most of the South Africa’s State-Owned Companies (SOCs) is the implementation of an ineffective nomination process used to appoint directors, which often results in the appointment of incompetent executives and boards of directors. As a result, this chapter provides an effective process that can be used by SOCs when appointing directors. This research paper aims to identify an effective nomination process for non-executive directors overseeing SOCs. This study conducted a systematic literature review as well as a two-round Delphi process where experts provided their input on the most effective nomination process for non-executive directors serving on SOCs. The research study has identified the most effective nomination process that can be used when appointing non-executive directors in SOC. The research study’s findings suggest an effective nomination process that SOCs can use to select non-executive directors for SOCs. This study contributes to the scant research on corporate governance in SOC, especially on research focusing on the nomination process of non-executive directors, as the majority of research has been concentrated on listed companies.

Suggested Citation

  • Hlobo Modi & Moloi Tankiso & Marx Ben, 2025. "An Expert Evaluated Nomination Process for the Board of Directors in South Africa’s State-Owned Companies," Springer Proceedings in Business and Economics, in: Tankiso Moloi (ed.), Impacting Society Positively Through Technology in Accounting and Business Processes, pages 1-18, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-84885-8_1
    DOI: 10.1007/978-3-031-84885-8_1
    as

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