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SMEs’ corporate governance systems: status and effect on continuity
Dissertation (MBA)--University of Pretoria, 2013.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2014
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| _version_ | 1867613673063710720 |
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| access_status_str | Open Access |
| author2 | Swanepoel, Elana |
| author_browse | Swanepoel, Elana |
| author_facet | Swanepoel, Elana |
| collection | Thesis |
| dc_rights_str_mv | © 2014University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2013. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/40571 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:39:52.674Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2014 |
| publishDateRange | 2014 |
| publishDateSort | 2014 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/40571 SMEs’ corporate governance systems: status and effect on continuity Swanepoel, Elana ichelp@gibs.co.za Shezi, Malusi UCTD Small business -- Management Industrial management Corporate governance Dissertation (MBA)--University of Pretoria, 2013. Corporate governance (CG) is recognised as a key driver of company performance, improves the decision-making and strategic vision of the business, thereby making it easier to monitor and manage risks as the business grows and matures (Bradley, 2010; Wellalage & Locke, 2011). Effective governance promotes continuity in small firms, allows for growth, maturity and succession beyond the founder. South Africa is recognised as having world class CG codes; however it has the highest SME failure rate amongst the developing world countries. No data existed on whether SMEs were using CG principles to improve performance, growth and continuity. This study aimed to determine the extent CG principles in King III were implemented by SMEs; to understand the process followed by SMEs in entrenching ethical leadership and culture and to determine the context and content of a simplified code of CG for SMEs. Data was collected using exploratory qualitative method, through in-depth face-to-face interviews. A convenient sample of 11 SMEs was used to determine the state of King III implementation; challenges and benefits experienced by SMEs from adopting King III; and conclusions on ethics and agency problems in the SMEs. A CG expert specialising in SMEs was interviewed following a Delphi technique; on the need for SMEs to have a simplified code of CG. The overall results from the study confirmed that CG in SMEs brought accountability, transparency, improved performance and could be used as a driver of growth. The study also found that agency problems existed in the South African SMEs; and that there was a need for a simplified code of CG for SMEs and the seven key elements of such code were identified. The key words for this study were: corporate governance, King II Report and Code, SMEs and continuity. pagibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-07T07:24:11Z 2014-07-07T07:24:11Z 2014-04-30 2013 Mini Dissertation Shezi, M 2013, SMEs’ corporate governance systems: status and effect on continuity, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40571> http://hdl.handle.net/2263/40571 en © 2014University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Small business -- Management Industrial management Corporate governance SMEs’ corporate governance systems: status and effect on continuity |
| title | SMEs’ corporate governance systems: status and effect on continuity |
| title_full | SMEs’ corporate governance systems: status and effect on continuity |
| title_fullStr | SMEs’ corporate governance systems: status and effect on continuity |
| title_full_unstemmed | SMEs’ corporate governance systems: status and effect on continuity |
| title_short | SMEs’ corporate governance systems: status and effect on continuity |
| title_sort | smes corporate governance systems status and effect on continuity |
| topic | UCTD Small business -- Management Industrial management Corporate governance |
| url | http://hdl.handle.net/2263/40571 |