Factors which influence sustainable implementation of corporate governance systems in an institution of higher learning
AbstractAs the demand for higher education continues to grow and as governments acknowledge their role in promoting economic development, it becomes increasingly important to ensure that higher education systems are managed in an effective way. The study examined the factors which influence effective and sustainable corporate governance in a merged University. The study was intended to create awareness of the challenges and opportunities regarding perceived conflicts in a new institution of Higher Learning with respect to management of transformation in higher education A mixed method approach was used and, as a result, data were collected using a questionnaire and interview instruments. The sample was made up of 120 randomly selected staff and students. The research established that issues of language and culture, effective communication as well as stakeholdersâ€™ consultations among others are factors which influence effective corporate governance. The study recommended that more should be done to improve the culture, ethos and the practices that would enhance a sustainable corporate governance system.
Adams, Donald K. 2002. Education and national development: Priorities, policies, and planning. Manila Philippine: Asian Development Bank.
Asiedu, Michael Amoh, Emma Yalley, Kwame Owusu Boakye, Richard Oduro, and Isaac Nyarko Adu. 2020. â€œCorporate social responsibility and financial performance amongst rural and community banks in Ghana.â€ Journal of Economics and Business 3(3).
Baird, Kevin. 2007. â€œAdoption of activity management practices in public sector organizations.â€ Accounting & Finance 47(4): 551â€’569.
Berle, A. A., and G. C. Means. 1932. The modern corporation and private property. New York, World.
Birnbaum, Robert. 1992. How academic leadership works: Understanding success and failure in the college presidency. Jossey-Bass Inc., 350 Sansome Street, San Francisco, CA 94104.
Bricall, Josep, and Fabio Roversi-Monaco. 2008. From the origins of the university in Europe to the universities of the globalisation. In Past, present and future of the Magna Charta Universitatum: Celebrations of the XX Anniversary of the Magna Charta Universitatum. Proceeding of the Conference of the Magna Charta Observatory, 18â€’20.
Cheng, Ming. 2016. Quality in higher education: Developing a virtue of professional practice. Springer.
Chinamal Anjeelee. 2019. â€œCorporate governance: Driving growth in Africa.â€ https://www.ocorian. com/article/corporate-governance-driving-growth-africa. April 17. (Accessed 17 July 2020).
Coase, Ronald Harry. 1995. â€œThe nature of the firm.â€ In Essential readings in economics, 37â€’54. Palgrave, London,
Creswell, John W. 2011. â€œControversies in mixed methods research.â€ The Sage handbook of qualitative research 4: 269â€’284.
DBET see Department of Basic Education and Higher Education and Training.
Department of Basic Education and Higher Education and Training. 2011. Integrated strategic planning framework for teacher education and development in South Africa: 2011â€’2025.
Dugan, Michael T., and Gary Taylor. 2016 â€œEthical issues related to earnings management: An instructional case.â€ Journal of the International Academy for Case Studies 22(3): 84â€’89.
Du Toit, AndrÃ©. 2014. Revisiting co-operative governance in higher education. A discussion document. Pretoria: HESA.
Elahi, Khandakar Qudratâ€I. 2009. â€œUNDP on good governance.â€ International Journal of Social Economics 36(12): 1167â€’1180.
Fourie, Magda. 1999. â€œInstitutional transformation at South African universities: Implications for academic staff.â€ Higher Education 38(3): 275â€’290.
Fraenkel, Jack R., and Norman E. Wallen. 2012. How to design and evaluate research in education. Highstown, NJ: McGraw Hill Publishing Co.
Hall, Martin, Ashley Symes, and Thierry M. Luescher 2002. Governance in South African Higher Education. Research Report. http://www.che.org.za/documents/d000006/Governance_ Research_Report.pdf.
Hasan, Md Nazmul. 2016. Positivism: To what extent does it aid our understanding of the contemporary social world? Quality & Quantity 50(1): 317â€’325.
Hodes, Rebecca. 2017. â€œQuestioning â€˜fees must fallâ€™.â€ African Affairs 116(462): 140â€’150.
Jarrar, Yasar, and Giovanni Schiuma. 2007. â€œMeasuring performance in the public sector: Challenges and trends.â€ Measuring Business Excellence 11(4): 4â€’8.
Kogan, Maurice. 2005. Governing knowledge: A study of continuity and change in higher education â€’ A Festschrift in honour of Maurice Kogan. Vol. 9. Springer Science & Business Media.
Langa, Malose, Sandile Ndelu, Yingi Edwin, and Marcia Vilakazi. 2017. #Hashtag: An analysis of the #FeesMustFall movement at South African universities. Centre for the Study of Violence and Reconciliation (CSVR), Johannesburg, South Africa.
Lukyanova, Natalya, Yury Daneykin, and Natalia Daneikina. 2015. Communicative competence management approaches in higher education. Procedia-Social and Behavioral Sciences 214: 565â€’570.
Melese, Francois, James Blandin, and Sean OKeefe. 2004. A new management model for government: Integrating activity-based costing, the balanced scorecard, and total quality management with the planning, programming and budgeting system. International Public Management Review 5(2): 103â€’131.
Mohamed, N., and N. Cloete. 1996. â€œTransformation forums as revolutionary councils, midwives to democracy or forums for reconstruction and innovation.â€ Unpublished research report.
Neuman, Susan B. 2006. â€œHow we neglect knowledge-and why.â€ American Educator 30(1): 24.
Okeahalam, Charles C. 2004. Corporate governance and disclosure in Africa: Issues and challenges. Journal of Financial Regulation and compliance 12(4): 359â€’370.
Oâ€™Reilly, Michelle, and Nikki Kiyimba. 2015. Advanced qualitative research: A guide to using theory. Sage.
Ramsden, Paul. 1998. â€œManaging the effective university.â€ Higher Education Research and Development 17(3): 347â€’370.
Republic of South Africa. 1997. The Higher Education Act. Act 101 of 1997.
Republic of South Africa. 2012. Act no 23 of 2012. Higher Education and Training Laws Amendment Act 2012. Gazette no. 36022. CAPE TOWN.
Roberts, Des. 2006. Governance in Higher Education in South Africa: A transformation and development perspective. http://pcf4.dec.uwi.edu/viewpaper.php?id=74. (Accessed 20 September 2020).
Rodriguez-Fernandez, Mercedes. 2016. â€œSocial responsibility and financial performance: The role of good corporate governance.â€ BRQ Business Research Quarterly 19(2): 137â€’151.
Rwegasira, Kami. 2000. â€œCorporate governance in emerging capital markets: Whither Africa?â€ Corporate Governance: An International Review 8(3): 258â€’267.
Shi, Wei, Brian L. Connelly, and Robert E. Hoskisson. 2017. â€œExternal corporate governance and financial fraud: Cognitive evaluation theory insights on agency theory prescriptions.â€ Strategic Management Journal 38(6): 1268â€’1286.
Solomon, J. F., and A. Solomon. 2006. â€œPrivate social, ethical and environmental disclosure.â€ Accounting, Auditing & Accountability Journal 19(4): 564â€’591.
Tricker, R. I. Bob, and Robert Ian Tricker. 2015. â€œCorporate governance: Principles, policies, and practices.â€ Oxford University Press, USA.
Tsamenyi, Mathew, Elsie Enninfulâ€Adu, and Joseph Onumah. 2007. â€œDisclosure and corporate governance in developing countries: Evidence from Ghana.â€ Managerial Auditing Journal 22(3): 319â€’334. https://doi.org/10.1108/02686900710733170.
Tshipa, Jonty, Leon BrÃ¼mmer, Hendrik Wolmarans, and Elda du Toit. 2018. â€œCorporate governance and financial performance in the midst of exogenous shocks: A study of companies listed on the Johannesburg Stock Exchange.â€ Management Dynamics: Journal of the Southern African Institute for Management Scientists 27(1): 20â€’38.
Van Den Bor, Wout, and James C. M. Shute. 1991. â€œHigher education in the third world: Status symbol or instrument for development?â€ Higher Education 22(1): 1â€’15.
Yakasai, Alhaji G. A. 2001. â€œCorporate governance in a third world country with particular reference to Nigeria.â€ Corporate Governance: An International Review 9(3): 238â€’253.
This journal is an open access journal, and the authorsÂ and journal should be properly acknowledged, when works are cited.
Authors, copyright holders, may use the publishers version for teaching purposes, in books, theses, dissertations, conferences and conference papers.Â
A copy of the authorsâ€™ publishers version may also be hosted on the following websites:
- Non-commercial personal homepage or blog.
- Institutional webpage.
- Authors Institutional Repository.
The following notice should accompany such a posting on the website: â€œThis is an electronic version of an article published in SAJHE, Volume XXX, number XXX, pages XXXâ€“XXXâ€, DOI.Â Authors should also supply a hyperlink to the original paper or indicate where the original paper (http://www.journals.ac.za/index.php/SAJHE) may be found.
Authors publishers version, affiliated with the Stellenbosch University will be automatically deposited in the University Institutional Repository SUNScholar.
Articles as a whole, may not be re-published with another journal.
The following license applies:
Attribution CC BY-NC-ND 4.0