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Framework for good governance in South African state-owned enterprises

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dc.contributor.advisor Moraka, Nthabiseng Violet
dc.contributor.advisor Moraka, Nthabiseng Violet
dc.contributor.author Molaoa, Olebile
dc.date.accessioned 2025-02-03T09:24:46Z
dc.date.available 2025-02-03T09:24:46Z
dc.date.issued 2024-07
dc.identifier.uri https://hdl.handle.net/10500/32076
dc.description Text in English en
dc.description.abstract South African state-owned enterprises (SOEs) have been plagued by corruption, mismanagement and political interference in recent years, through what is called state-capture. State capture is a form of systemic corruption in which private actors influence the state's decision-making processes to their own advantage, often at the expense of public interest and democratic principles. This study adopts a quantitative method approach, using an analysis of annual report documents of SOEs for the period 2011 to 2022 and a review of the literature to examine the manifestations, causes and effects of state capture in South Africa and the existing challenges and measures taken to combat it. The study establishes that state capture in South Africa is a complex and multifaceted phenomenon involving various actors, sectors and levels of government. It has resulted in significant financial losses, poor service delivery, erosion of public trust, and weakening of democratic institutions. The study also identifies several factors that enable state capture, such as weak governance, lack of accountability, political patronage and regulatory capture. Moreover, it reveals that current anti-state capture measures in South Africa are inadequate, ineffective, or poorly implemented owing to various legal, institutional and political constraints. Based on these findings, the study proposes a comprehensive and holistic anti-state capture framework, which comprises board characteristics, financial performance, audits and board assessments to provide an environment for good governance and a possible prevention of state capture. This is the study’s contribution to the body of knowledge. The framework draws from the research results of the SOEs that are under study. It also considers the specific context and challenges facing South Africa and suggests some concrete actions and reforms. It concludes that the framework can serve as a useful tool and guideline for policymakers, practitioners, researchers and stakeholders who are committed to fighting state capture and restoring good governance in South Africa. en
dc.format.extent 1 online resource (316 leaves) : illustration (color) en
dc.language.iso en en
dc.subject State capture en
dc.subject State-owned enterprises en
dc.subject Governance en
dc.subject Corruption en
dc.subject South Africa en
dc.subject Annual report analysis en
dc.subject Anti-state capture framework en
dc.subject Zondo Commission en
dc.subject Public protector en
dc.subject Board characteristics en
dc.subject Financial performance en
dc.subject Audit en
dc.subject Board assessment en
dc.subject SDG 8 Decent Work and Economic Growth en
dc.subject SDG 16 Peace, Justice and Strong Institutions en
dc.subject SDG 17 Partnerships for Goals en
dc.subject Energy (CNA) en
dc.subject.other UCTD en
dc.title Framework for good governance in South African state-owned enterprises en
dc.type Thesis en
dc.description.department Business Management en
dc.description.degree D. Phil. (Management Studies) en


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