Shi, Yang. / Thesis submitted in: November 2007. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2008. / Includes bibliographical references (leaves 43-45). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgement --- p.iv / Chapter 1 --- Introduction --- p.1 / Chapter 2 --- Background and Literature Review --- p.4 / Chapter 3 --- Data and Methodology --- p.10 / Chapter 3.1 --- Data Description --- p.10 / Chapter 3.2 --- Methodology --- p.13 / Chapter 3.2.1 --- Univariate analysis --- p.14 / Chapter 3.2.2 --- Regression approach --- p.15 / Chapter 4 --- Result --- p.17 / Chapter 4.1 --- Univariate analysis --- p.17 / Chapter 4.1.1 --- Output change --- p.18 / Chapter 4.1.2 --- Profitability change --- p.19 / Chapter 4.1.3 --- Efficiency change --- p.22 / Chapter 4.1.4 --- Leverage change --- p.24 / Chapter 4.2 --- Multivariate analysis --- p.25 / Chapter 5 --- Conclusion --- p.28 / Tables 1-6 --- p.30 / Bibliography --- p.43

University of Macau / Faculty of Business Administration / Department of Management and Marketing

Thesis (MBA)--Stellenbosch University, 2014. / The aim of this research assignment was to analyse and compare the specific governance elements in SOEs in the two government departments. A sample of twenty state-owned entities (SOEs) was selected in total, twelve from the Department of Transport and eight from the Department of Public Enterprises. The literature review on corporate governance in general and in South Africa illustrated the importance of corporate governance in any company. A short summary of the origin of governance is followed by a discussion of corporate governance from an SOE’s perspective. The study highlighted that the board of the entity under discussion was critical in a discussion of corporate governance. The focus, therefore, shifted to the role and responsibilities of boards and the individual members. The size, composition, diversity, remuneration and meeting attendance are the important elements that were analysed as the basis of the research. All the data for the analyses were sourced from the publicly available company annual reports for the 2012/2013 financial year of all the SOEs. Based on the analysis of the research findings carried out in Chapter 4, the following conclusion was reached with regard to governance in SOEs in the DOT and the DPE: - In the opinion of the author, governance elements of independence, ethnic diversity, average age and board meeting attendance compare evenly with each other. - The CEO position on boards from both departments is still male dominated. - There were clear differences with regard to gender diversity and the remuneration of CEOs and chairpersons. In this case, the DPE displayed higher figured in both elements. - There is a strong correlation between CEO remuneration and chairperson fee amongst both departments’ SOEs. CEO remuneration and total assets per SOE also correlate well. This, in the author’s opinion, explains the higher salaries of CEOs and chairpersons at SOEs responsible for import strategic infrastructure like Transport and Energy.

Thesis (MBA)--Stellenbosch University, 2014. / Corporate Governance in Namibia is such a serious challenge, especially in the public sector. The public sector consists of government entities including state-owned enterprises (SOEs). Namibian SOEs are prevalent in the important infrastructural sectors of energy, water, transport, telecommunication, finance, etc., and their performance is of great importance to the entire population, local businesses as well as to foreign investors. The fundamental aim of this study was to evaluate the level of corporate governance in the Namibian SOEs using the adopted Evaluation Matrix that was developed by the Centre for Corporate Governance in Africa of the University of Stellenbosch Business School. This matrix was developed based on King II and King III principles of good corporate governance. Namibian SOEs are governed by the State-owned Enterprises Governance Council (SOEGC), which prescribes the King Code of Governance of South Africa (King Code) as the guidance of governance to Namibian SOEs. The research study employed the data collection method of using secondary data from the companies’ public documents, in this case the annual reports. According to King III, the annual report or integrated report as it is now ideally called is supposed to contain all the company’s governance issues that promote sustainability, accountability and disclosure within the company. Companies that did not disclose information scored poorly in disclosure and transparency. From this research, it has been observed that Namibian SOEs need to improve on disclosure. There are, however, a few companies, such as Namibia Ports Authority (Namport) that are doing relatively well and are close to having an annual report which is almost an integrated report. The study’s focus was also on boards’ sustainability aspects of good corporate governance. These aspects are: racial and gender diversity of boards, attendance at board meetings, and the presence of relevant board committees. On this subject, it was observed that Namibia’s SOEs are relatively on par with both South Africa’s SOEs and private sector, when compared to results of similar research studies in that country. The success of this research also proved that this Evaluation Matrix as developed can be adopted for use on corporate governance in Namibian companies.

published_or_final_version / Social Work / Master / Master of Business Administration

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / abstract / toc / China Area Studies / Master / Master of Arts

published_or_final_version / Business Administration / Master / Master of Business Administration

published_or_final_version / Economics and Finance / Master / Master of Economics