Ethics in the State-Owned Companies in the Public Sector: A Thin Line between Corporate Governance and Ethical Leadership

Nevondwe, Lufuno; Odeku, Kola O.; Raligilia, Konanani

doi:10.5901/mjss.2014.v5n15p661

Cited by 5 publications

(5 citation statements)

References 27 publications

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“…Furthermore, the study of ethical leadership in state-owned companies is essential, especially in the public sector, where abuse of power and unethical conduct can significantly impact public trust and the notion of Ubuntu. The challenges and irregularities often encountered in the awarding of tenders in state-owned companies underscore the need to adhere to ethical leadership principles, as outlined in governance frameworks, such as the King III Report (Nevondwe et al, 2014).…”

Section: Rationale For the Studymentioning

confidence: 99%

“…The significance of chartered secretaries is accentuated by the unique challenges and opportunities in Nigeria, where the interplay between traditional corporate practices and modern approaches to governance necessitates a nuanced understanding and application of governance structures and ethical considerations (Nevondwe et al, 2014). Exploring the role of chartered secretaries in fostering corporate governance and ethical leadership in Nigeria provides insights into the strategies and mechanisms employed to uphold organizational values and legal obligations.…”

Section: Introduction 11 Backgroundmentioning

confidence: 99%

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Corporate Governance and Ethical Leadership in Nigeria: A Review of the Role and Impact of Chartered Secretaries in Fostering Corporate Governance and Ethical Leadership in Nigerian Corporations

Vivian Akagha,

Mhlongo,

Coker

et al. 2023

Socio. econ. pol. stud.

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This study delves into the crucial role of Chartered Secretaries in reinforcing corporate governance and instilling ethical leadership within corporations in Nigeria, a region marked by its unique legal and business landscapes. Through an exhaustive analysis, the study unveils the multifaceted responsibilities of Chartered Secretaries in upholding adherence to prevailing legal frameworks and ethical standards, thereby contributing to enhanced organizational efficacy and integrity. Exploration of the intricate legal and business environment in Nigeria reveals the substantial challenges and opportunities encountered by Chartered Secretaries, highlighting their instrumental influence in shaping and refining governance structures and ethical practices within corporations. The results of this study substantiate the hypothesis that Chartered Secretaries have a significantly positive impact on navigating the complexities of the Nigerian corporate landscape, fostering ethical leadership, and enhancing governance practices, which are pivotal for stakeholders’ organizational sustainability and value creation. The study concludes with recommendations emphasizing the continuous need for Chartered Secretaries to adapt and evolve their roles to meet the dynamic demands of corporate governance and ethical leadership in the ever-evolving business and legal environment of Nigeria, thereby ensuring long-term organizational success and integrity.

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Section: Rationale For the Studymentioning

confidence: 99%

Section: Introduction 11 Backgroundmentioning

confidence: 99%

Corporate Governance and Ethical Leadership in Nigeria: A Review of the Role and Impact of Chartered Secretaries in Fostering Corporate Governance and Ethical Leadership in Nigerian Corporations

Vivian Akagha,

Mhlongo,

Coker

et al. 2023

Socio. econ. pol. stud.

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“…However, in spite of the narrow victory of the 6 th administration and President Ramaphosa incoherent, large cabinet may be recalled sooner rather than later to avoid a further downgrade of South Africa's long-term local currency debt ratings. SOE's, are now governed under the Companies Act 71 of 2008, which superseded the Companies Act 61 of 1973 as the driving force behind strong corporate governance in South Africa (Nevondwe, Nembambula & Mangammbi, 2015). The President signed the Act on April 8, 2009, and it was published in Gazette No.…”

Section: Government Leadership Transitionmentioning

confidence: 99%

“…32121 (Notice No. 421) on May 1, 2011 (Nevondwe et al, 2015). The poor coordination was displayed where certain policies which was made to low by one administration expected to be implemented by another administration.…”

Section: Government Leadership Transitionmentioning

confidence: 99%

Devaluing of state-owned entities: a comparative of SOE status between the 4th, 5th and 6th democratic administration

Kgarose

2023

IJRBS

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The African National Congress (ANC)-led government established a Reconstruction and Development Programme (RDP) policy in 1994, which included the introduction of State-Owned Enterprises (SOEs), with the goal of driving the economy and contributing to service delivery. SOEs are companies that are profit making, yet governments own them. As a result, SOEs are owned by the residents who elect their government and pay taxes to keep them functioning. These citizens are stakeholders in these enterprises through the government's administration. It can be argued that corruption, maladministration, and inadequate leadership accountability are the causes of the devaluation of state-owned enterprises. The 4th and 5th administration were thought to be corrupt, but the corruption appears to be immersed in the current 6th administration, with the SOEs being privatized. Corruption and similar corporate governance violations in state-owned Entities are becoming more common (SOEs). The purpose of this paper is to examine the position of State-Owned Entities and observe instances of incompetence, corruption and political interference in the operation of SOEs throughout the 4th, 5th and current 6th administration. Furthermore, this paper is a conceptual paper and it has relied heavily on secondary data and existing literatures for analysis and interpretation. The paper recommends that SOEs should be transparent to the public or stakeholders on its affairs, and the ANC to stop interfering in the administration and operation of SOEs.

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“…Some research showed that developing countries are facing many challenges and difficulties in order to improve the overall efficiency and effectiveness of their public utility companies (Škafar & Mulej, 2008;Nevondwe et al, 2014;Shulepina et al, 2016). Developing countries have lack of investments in utility services, and on the other hand the price of these services puts a big pressure on budget of households.…”

Section: Literature Reviewmentioning

confidence: 99%

Economic and environmental effects from liberalizing utility service prices in the Republic of Serbia

Radukić¹,

Perović²,

Vučetić³

2018

Industrija

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The aim of research is to determine what kind of effects would price liberalization in public utility sector produce on inflation, standard of living and air quality in the Republic of Serbia. For the purpose of analysis financial reports of public utility companies were used including population number of 14 Serbian cities that were part of research, share of utility prices in consumption price index (CPI) and air quality statistics for analysed cities. The analysis covers period of 2008-2016 when significant changes in the operations of Serbian public utility companies occurred. Since all public utility companies receive the subsides from state and local authorities and most of them achieve loss in their reports, analysis will show economic and environmental effects from possible switch of public utility companies to marketbased surroundings. This will help in determining the role of public utility companies in achieving sustainable development concept, which is important for creating future sustainable activities of public utility companies in the Republic of Serbia.

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Ethics in the State-Owned Companies in the Public Sector: A Thin Line between Corporate Governance and Ethical Leadership

Abstract: Abstract

Cited by 5 publications

References 27 publications

Corporate Governance and Ethical Leadership in Nigeria: A Review of the Role and Impact of Chartered Secretaries in Fostering Corporate Governance and Ethical Leadership in Nigerian Corporations

Corporate Governance and Ethical Leadership in Nigeria: A Review of the Role and Impact of Chartered Secretaries in Fostering Corporate Governance and Ethical Leadership in Nigerian Corporations

Devaluing of state-owned entities: a comparative of SOE status between the 4th, 5th and 6th democratic administration

Economic and environmental effects from liberalizing utility service prices in the Republic of Serbia

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