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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.
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.
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.
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.
Author: Tom Wixley Publisher: Siber Ink ISBN: 1920025820 Category : Business & Economics Languages : en Pages : 354
Book Description
Corporate Governance (Fourth Edition) continues to inform on all aspects of corporate governance, while keeping readers up to date with the latest developments. It is now established as the leading South African work on the subject. The past five years since publication of the third edition has seen a number of changes in the application of corporate governance in South Africa and beyond. Locally, we have seen the application of the 2008 Companies Act, and in the United Kingdom, a new Corporate Governance Code has been introduced. Significant developments have taken place in the area of corporate reporting, via the appearance of an International Integrated Reporting Framework, widening the scope of the traditional annual report. The Fourth Edition deals with these changes. Key additions are chapters on types of entities, and a comparison of local and international practice. Corporate Governance was first published in 2002 shortly after the publication of the original King Report, to help explain the need for corporate governance in the private and public sectors and to provide South African executives and professionals with a practical framework to establish governance systems and practices in their own organisations.
Author: Tshepo Mongalo Publisher: New Africa Education (Nae) ISBN: 9781869280048 Category : Commercial law Languages : en Pages : 321
Book Description
A global discussion of business undertakings in South Africa and what regulates the operation and dissolution of companies with share capital. Aimed at LLB and LLM students, but also useful to commerce (including business management) students who require some knowledge of commercial law.
Author: Prof.P.Srinivas Subbarao Publisher: ISBN: Category : Languages : en Pages : 10
Book Description
One of the significant characteristics of a prosperous and rising economy is a booming and blooming small and medium enterprises (SMEs) sector; In India SMEs account for almost 45% of industrial output and 40% of India's total exports. However the real picture leaves many challenges faced by Indian SMEs. Corporate governance, as, can be viewed as a mechanism to mobilize and combine resources and competence and inculcates a sense of responsibility among the management, it can possibly have greater role to play in responding to the challenges and would seek better results in the long run. This research paper depicts the various problems faced by SMEs in the sample districts and the extent to which corporate governance is being implemented and the views of various SME entrepreneurs in the sample districts on corporate governance. This paper also throws a light on various reasons which prevent the SMEs in implementing governance practices and some suggestive measures to make the implementation process successful.
Author: Stephen Andrew Bentz
Author: Stephen Andrew Bentz
Author: Dr. Chinyere Almona
Author: Chinyere Almona
Author: 
Author: Tom Wixley
Author: Morten Huse
Author: Reuel J. Khoza
Author: Tshepo Mongalo
Author: Anthony Tapiwa Mazikana
Author: Prof.P.Srinivas Subbarao