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Minerals companies attributes and corporate governance

Author

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  • Raputsoane, Leroi

Abstract

This paper analyses the relationship between the attributes of minerals companies and corporate governance in South Africa. This is achieved by augmenting and comparing corporate governance ratings of companies in the minerals sector to that of the companies in the other sectors of the economy. The results show that autonomous corporate governance as well as the measures of transparency, namely required disclosure and additional disclosure, of the sampled companies have a statistically significant positive relationship with corporate governance. The results have also shown that the companies’ attributes that include economic activity, market value, market performance and financial performance do not have a statistically significant relationship with corporate governance. The paper, nevertheless, recommends continued encouragement of good corporate governance to all companies, including companies in the minerals sector, given the devastating consequences of the recently experienced corporate scandals.

Suggested Citation

  • Raputsoane, Leroi, 2024. "Minerals companies attributes and corporate governance," MPRA Paper 122916, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:122916
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    File URL: https://mpra.ub.uni-muenchen.de/122916/1/MPRA_paper_122916.pdf
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    References listed on IDEAS

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    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • G3 - Financial Economics - - Corporate Finance and Governance
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction

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