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Corporate Governance for Small and Medium-Sized Businesses in African Economies

Corporate Governance for Small and Medium-Sized Businesses in African Economies PDF Author: Dr. Chinyere Almona
Publisher: AuthorHouse
ISBN: 1728373158
Category : Social Science
Languages : en
Pages : 182

Book Description
SMEs play a vital role in the growth of economies and are often described as the engine of economic development. However, SMEs in emerging markets struggle to survive and grow for a variety of reasons, including a lack of finance and management skills. Most of the growth-constraining factors in small businesses can be traced to weak corporate governance (CG) practices. As a seasoned practitioner in the field of corporate governance, Dr. Almona sees the need to build capacity to enhance sustainability in the SME sector. SMEs need to understand that CG is not a destination but a journey SMEs need to grow and mature into CG practices that are relevant to their stage of business. SME owner-managers need to understand and adapt to the level of formality expected and required by potential employees and providers of funds. This book provides ways and models that will encourage the adoption of sound corporate governance principles and practices for SMEs in Africa, to the benefit of society.

Corporate Governance for Small and Medium-Sized Businesses in African Economies

Corporate Governance for Small and Medium-Sized Businesses in African Economies PDF Author: Dr. Chinyere Almona
Publisher: AuthorHouse
ISBN: 1728373158
Category : Social Science
Languages : en
Pages : 182

Book Description
SMEs play a vital role in the growth of economies and are often described as the engine of economic development. However, SMEs in emerging markets struggle to survive and grow for a variety of reasons, including a lack of finance and management skills. Most of the growth-constraining factors in small businesses can be traced to weak corporate governance (CG) practices. As a seasoned practitioner in the field of corporate governance, Dr. Almona sees the need to build capacity to enhance sustainability in the SME sector. SMEs need to understand that CG is not a destination but a journey SMEs need to grow and mature into CG practices that are relevant to their stage of business. SME owner-managers need to understand and adapt to the level of formality expected and required by potential employees and providers of funds. This book provides ways and models that will encourage the adoption of sound corporate governance principles and practices for SMEs in Africa, to the benefit of society.

Corporate Governance for Small and Medium-sized Businesses in African Economies

Corporate Governance for Small and Medium-sized Businesses in African Economies PDF Author: Chinyere Almona
Publisher:
ISBN: 9781728373164
Category :
Languages : en
Pages : 208

Book Description
SMEs play a vital role in the growth of economies and are often described as the engine of economic development. However, SMEs in emerging markets struggle to survive and grow for a variety of reasons, including a lack of finance and management skills. Most of the growth-constraining factors in small businesses can be traced to weak corporate governance (CG) practices. As a seasoned practitioner in the field of corporate governance, Dr. Almona sees the need to build capacity to enhance sustainability in the SME sector. SMEs need to understand that CG is not a destination but a journeySMEs need to grow and mature into CG practices that are relevant to their stage of business. SME owner-managers need to understand and adapt to the level of formality expected and required by potential employees and providers of funds. This book provides ways and models that will encourage the adoption of sound corporate governance principles and practices for SMEs in Africa, to the benefit of society.

Corporate Citizenship in Africa

Corporate Citizenship in Africa PDF Author: Wayne Visser
Publisher: Routledge
ISBN: 1351281755
Category : Business & Economics
Languages : en
Pages : 264

Book Description
Corporate citizenship is enmeshed in the debate about Africa's future. Africa is the continent where the social needs are greatest and where the benefits of globalisation have been least felt. What makes corporate citizenship in Africa not only fascinating, but also of critical importance, is that the continent embodies many of the most vexing dilemmas that business faces in attempts to be responsible, ethical and sustainable. This unique collection for the first time brings together in one publication the critical debates, perspectives, experiences and success stories in the emerging field of corporate citizenship in Africa. The book addresses a number of key questions: What research has been conducted on corporate citizenship in Africa over the past ten years? How are the concepts and challenges of corporate citizenship in Africa different, compared to other regions of the world? Which industry sectors are leading in the implementation of corporate citizenship in Africa? What are some of the dilemmas facing companies that are striving to be good corporate citizens in Africa? What are some of the best-practice case studies of companies' corporate citizenship programmes in Africa? What can Africa learn from the rest of the world about corporate citizenship, and what can it teach others? The book acts as a bridge in many ways: between academic theory and business practice; between notions of corporate citizenship originating in developed countries and emerging concepts incubated in a developing-country context; between the experiences of multinationals and the perspectives of small and medium-sized enterprises; between different countries and regions within Africa and around the globe. This publication marks a change in the tide – a groundswell towards a more vigorous debate and robust research agenda on corporate citizenship in Africa. It will be essential reading for all those involved in the rapidly growing corporate responsibility movement.

The Adoption of Corporate Governance by Small and Medium Enterprises in City Of Tshwane

The Adoption of Corporate Governance by Small and Medium Enterprises in City Of Tshwane PDF Author: Stephen Andrew Bentz
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 168

Book Description
Small and medium enterprises (SMEs) are increasingly seen as playing an important role in the economies of many countries. Thus, governments throughout the world focus on the development of the SME sector to promote economic growth. However, SMEs suffer from a high failure rate. The adoption of corporate governance is one of the factors that can help to improve the performance and reduce the high failure rate of SMEs in South Africa. The primary objective of this study was to establish the adoption of corporate governance principles by small and medium enterprises (SMEs). In addition, the study investigated the barriers to the adoption of corporate governance by SMEs. Principles adopted from the King 111 report were used to measure the corporate governance of SMEs. Four principles were used by this study to measure the adoption of corporate governance by SMEs. These were (1) Management of risk: this included accounting measures, control system and risk management. (2) Use of information technology. (3) Responsible and ethical leadership and (4) Compliance with applicable laws and rules. The study area was Tshwane Central Business District.

Business for Development Fostering the Private Sector

Business for Development Fostering the Private Sector PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264034226
Category :
Languages : en
Pages : 179

Book Description
This book details the activities of the private sector in developing and emerging economies and demonstrates how these activities are inter-related with government policies.

Corporate Governance in Africa

Corporate Governance in Africa PDF Author: Kerry E. Howell
Publisher: Springer
ISBN: 1137567007
Category : Business & Economics
Languages : en
Pages : 276

Book Description
Using a range of case-studies, this book analyzes corporate governance relationships between several African countries and the international community, providing an ethical assessment of issues surrounding globalization and adherence to external governance mechanisms. Employing a methodological approach, Corporate Governance in Africa critiques occidental perspectives of corporate governance in relation to the needs of separate states, and the contradictions that arise when local cultures are not taken in to consideration. With case studies from Egypt, Ghana, Nigeria, South Africa, Kenya and The Gambia the book presents a comprehensive view of North, East, West and South Africa with contributions from global experts in the field. The authors critique the transformations deemed necessary for governance procedures in order to facilitate confidence and inward investment for these African states.

Ownership and Governance of Companies

Ownership and Governance of Companies PDF Author: Jonathan Michie
Publisher: Routledge
ISBN: 1000404005
Category : Business & Economics
Languages : en
Pages : 277

Book Description
Apartheid South Africa was often thought to run in the interests of the business elite. Yet 27 years after apartheid, those business interests remain largely entrenched. Why? Did the South African business community play a role in engineering this outcome – perhaps recognising the apartheid era was over, and jumping ship in time? Conversely, the mission of the ANC was widely perceived to be to shift wealth and power into the hands of the whole community. Yet despite ‘black empowerment’ measures, corporate ownership remains largely in white hands – and certainly in the hands of an elite few, even though no longer restricted to whites. This picture is replicated across the global south, where corporate ownership tends to be concentrated in the hands of an elite, rather than being more democratically spread. Why have alternative corporate forms not been pursued more vigorously, with ownership in the hands of customers, employees, and local communities? In the case of South Africa, where the majority of customers and employees are black, this could have delivered on the ANC’s mission to replace the apartheid era with a democratic one – in terms of wealth, incomes and power, as well as in terms of voting and civic rights. This edited volume explores all these questions and looks at ways to align corporate forms with economic and social goals. The chapters in this book were originally published as special issues of International Review of Applied Economics.

Corporate Governance in South Africa

Corporate Governance in South Africa PDF Author: Warren Maroun
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110621266
Category : Business & Economics
Languages : en
Pages : 248

Book Description
This book provides an examination of corporate governance in South Africa which includes an overview of the history of corporate governance and summary of the key provisions of South Africa’s codes on corporate governance from 1994 to 2016. The aim is to provide a comprehensive reference for academics and practitioners interested in South African corporate governance and to illustrate how corporate governance practices evolve in a developing African economy. It also includes a review of the research dealing with the drivers and consequences of South African corporate governance. The focus is on South African-specific research which is complemented with international references. This book will be highly relevant to both accounting/governance academics and the broader practitioner community.

Globalization and Firm Competitiveness in the Middle East and North Africa Region

Globalization and Firm Competitiveness in the Middle East and North Africa Region PDF Author: Samiha Fawzy
Publisher: World Bank Publications
ISBN: 9780821349892
Category : Business & Economics
Languages : en
Pages : 300

Book Description
Printed on Demand. Limited stock is held for this title. If you would like to order 30 copies or more please contact [email protected] Contact [email protected], if currently unavailable. Globalization has increased competitive pressures on firms. Together with rapid technological change, it has altered the environment in which firms operate. While globalization offers unprecedented opportunities for firms to act successfully, it simultaneously heightens the risks for firms lagging behind. In an open and liberalized world, increasing firm competitiveness has become a major challenge. This volume provides a thorough analysis of the competitiveness of firms in the Middle East and North Africa Region (MENA). It is organized into four parts which detail the different issues related to firm competitiveness from global rules for business, regional business environment, corporate governance, and the key economic sectors of small/medium size enterprises and tourism. This volume addresses key issues for the future of the region including the real challenges facing firms? operations and efficiency, the ability of MENA firms to compete in global markets, the impact of small and medium size enterprises on the stimulation of growth, and the economic potential of the tourism sector.

Corporate Governance

Corporate Governance PDF Author: Ramani Naidoo
Publisher: Juta and Company Ltd
ISBN: 9781919930084
Category : Business & Economics
Languages : en
Pages : 226

Book Description
provide management and directors of companies, both private and public, with a reference work on the most important principles of corporate governance. It discusses the requirements of the Companies act, the recommendations of the 2002 King Report and recent requirements for directors of public-sector enterprises. Throughout the author makes clear how the relevant principles can be practically and progressively implemented.