Enhancing the impact of Corporate Governance on financial performance in the Sun International Group of companies

Abstract

The Sun International Group of Companies is a top-notch hospitality operation that has a very diverse portfolio of assets including some of the best five star hotels available in the world, a range of modern and well-located casinos, and some exquisite premier resorts that are second to none in the world. Their destinations offer experiential luxury, continuing quality and incredible adventure, and above all the group espouses policies and has operations which are supported by a dependable dedication to personal service. It is evident on a visit to any operation of the group that the customer comes first. The purpose of the study was to determine the extent to which the board is fulfilling its responsibility and to ascertain perceptions of the profitability of the company. Consequently it was important to find out if there is a relationship between board responsibility and profitability and examine the influence of the biographic variables on board responsibility and profitability respectively. The paper makes recommendations to fellow researchers, academics and stakeholders as to whether effective corporate governance is likely increase the performance of companies or not.