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 |
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dc.date.issued |
2024-07 |
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dc.identifier.uri |
https://hdl.handle.net/10500/32076 |
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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 |