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Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries

Thesis (MA)--Stellenbosch University, 2015.

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Bibliographic Details
Main Author: Basson, Shawn
Other Authors: Opperman, Pieter
Format: Thesis
Language:en_ZA
Published: Stellenbosch : Stellenbosch University 2016
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access_status_str Open Access
author Basson, Shawn
author2 Opperman, Pieter
author_browse Basson, Shawn
Opperman, Pieter
author_facet Opperman, Pieter
Basson, Shawn
author_sort Basson, Shawn
collection Thesis
dc_rights_str_mv Stellenbosch University
description Thesis (MA)--Stellenbosch University, 2015.
format Thesis
id oai:scholar.sun.ac.za:10019.1/99391
institution Stellenbosch University (South Africa)
language en_ZA
last_indexed 2026-06-10T12:43:21.794Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2016
publishDateRange 2016
publishDateSort 2016
publisher Stellenbosch : Stellenbosch University
publisherStr Stellenbosch : Stellenbosch University
record_format dspace
source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/99391 Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries Basson, Shawn Opperman, Pieter Stellenbosch University. Faculty of Economic and Management Sciences. Dept. of Finance. Foreign direct investment corporate governance Thesis (MA)--Stellenbosch University, 2015. ENGLISH ABSTRACT: The performance of the Sub-Saharan Africa (SSA) region in attracting foreign direct investment (FDI) relevant to other developing regions has been poor over the last two decades, especially compared to Asian developing countries. FDI inflows are a catalyst for economic growth, employment and poverty reduction. This study examined whether good macro-level corporate governance, which is the way countries are managed and governed, can assist in promoting countries as potential investment locations. The Worldwide Governance Index, which has been developed by Kaufmann et al (1999, 2008, 2011), was used to objectively measure the performance of the SSA region. The region has generally been perceived to be negatively impacted by political risk, lack of government leadership, weak institutions, ineffective implementation of policies and a region susceptible to corruption. This study examined the relationship between macro-level governance performances of the SSA region and sought to determine whether this is a contributing factor which affects FDI inflows. The study used panel data fixed effect estimator for a sample of 45 SSA countries from 2002 to 2011. The findings have revealed that macro-level corporate governance has a positive impact and is statistically significant in attracting FDI inflows. In addition to the other factors which drive FDI inflows for the region, this provides an incentive to host countries to develop polices which can leverage and promote investment to the region, fundamentally addressing pressing social challenges and sustainable economic development and growth. AFRIKAANSE OPSOMMING: Geen opsomming beskikbaar Masters 2016-08-17T07:33:33Z 2016-08-17T07:33:33Z 2015-12 Thesis http://hdl.handle.net/10019.1/99391 en_ZA Stellenbosch University ix, 48 pages application/pdf Stellenbosch : Stellenbosch University
spellingShingle Foreign direct investment
corporate governance
Basson, Shawn
Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries
title Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries
title_full Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries
title_fullStr Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries
title_full_unstemmed Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries
title_short Does macro-level corporate governance attract foreign direct investment (FDI)? a review of Sub-Saharan African Countries
title_sort does macro level corporate governance attract foreign direct investment fdi a review of sub saharan african countries
topic Foreign direct investment
corporate governance
url http://hdl.handle.net/10019.1/99391
work_keys_str_mv AT bassonshawn doesmacrolevelcorporategovernanceattractforeigndirectinvestmentfdiareviewofsubsaharanafricancountries