Relationships between corporate governance principles and performance in state entities of a developing country

Albert Tchey Agbenyegah; Bongani Innocent Dlamini; Jey Difference Nyalungu

doi:10.36096/ijbes.v7i4.852

Authors

Albert Tchey Agbenyegah Durban University of Technology, Department of Applied Management. Riverside Campus
Bongani Innocent Dlamini Durban University of Technology, Department of Applied Management. Riverside Campus https://orcid.org/0000-0002-8058-9681
Jey Difference Nyalungu Durban University of Technology, Department of Applied Management. Riverside Campus https://orcid.org/0000-0002-2782-3715

DOI:

https://doi.org/10.36096/ijbes.v7i4.852

Keywords:

Corporate Governance, Performance, State Entities

Abstract

The conception of corporate governance practices remains a challenge across state entities in developing countries including South Africa. Corporate governance principles such as accountability, responsibility, reliability, ethical standards are core elements of effective and quality performance that spurs quality delivery of primary services. Positivism strategy aided by quantitative primary data was applied. Empirical data was collected through the administration of questionnaires to geographically dispersed 106 participants who were randomly and purposively selected. The authors used a structured questionnaires aided by quantitatively analyses through the Statistical Package for Social Sciences (SPSS) version 25.0. Key findings on this paper revealed that all the corporate governance principles contribute to entity’s performance. However, “fairness” largely contributes more to the level of performance. The study recommends policy makers and consultants need to embark on awareness campaigns through educational programmes.

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