Corporate governance, structure and accountability as affected by national government infrastructure in developing countries

Mugova, Shame and Sachs, Paul R. (2016) Corporate governance, structure and accountability as affected by national government infrastructure in developing countries. Corporate Ownership and Control, 13 (4). pp. 224-231. ISSN 1727-9232

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Abstract

Businesses in developing countries face different challenges than those in economically developed countries. Markets and supply chains are less well-established. Dissemination of information is uneven. Because governmental infrastructure has limited ability to support business operations, businesses take on responsibilities that elsewhere are handled by a central government. This study reviews key elements of corporate governance. The study then reviews the banking and manufacturing sectors in Zimbabwe with attention to the presence or absence of financial infrastructure, legal infrastructure, market challenges, supply chain and government involvement to support corporate governance structures and systems. Recommendations for policy and practice changes are recommended. The present analysis of Zimbabwe can guide research on and policy recommendations for governance in other developing countries.

Item Type: Article
Identification Number: https://doi.org/10.22495/cocv13i4c1p7
Dates:
DateEvent
1 June 2016Accepted
15 June 2016Published Online
Uncontrolled Keywords: Corporate Governance, Accountability, Developing Countries
Subjects: CAH17 - business and management > CAH17-01 - business and management > CAH17-01-07 - finance
Divisions: Faculty of Business, Law and Social Sciences > College of Accountancy, Finance and Economics
Faculty of Business, Law and Social Sciences > College of Business, Digital Transformation & Entrepreneurship
Depositing User: Gemma Tonks
Date Deposited: 14 Nov 2023 15:46
Last Modified: 20 Jun 2024 12:06
URI: https://www.open-access.bcu.ac.uk/id/eprint/14942

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