A PERCEPTUAL STUDY REGARDING THE GOVERNANCE AND SUSTAINABILITY OF ORGANISATIONS IN SOUTH AFRICA
Journal Title: European Journal of Business and Social Sciences - Year 2013, Vol 2, Issue 3
Abstract
This article sets out to examine the perceptions of managers regarding the governance and sustainability of organizations within the Nelson Mandela Bay region in South Africa, involved in aspects of corporate governance and sustainability issues. A comprehensive literature study was conducted which formed the theoretical framework for collecting the primary data. During the empirical investigation, a survey was conducted by means of 200 selfâ€administered questionnaires being distributed to the designated population. A total of 20 nullâ€hypotheses were formulated and tested as to investigate the relationship between the two dependent variables (perceptions regarding governance and sustainability) and 10 independent variables (demographical data). Some significant relationships were found between these variables. The integration of economic, social and environmental performance seem to be an obstacle to many organizations, hence more effective governance systems are needed. Governance for sustainability needs to be embedded in the strategic plans of organizations and resides on the board to ensure good governance principles. Practical guidelines are provided to assist organizations in dealing with governance and sustainability issues.
Authors and Affiliations
Elroy Eugene Smith| Department of Business Management, Nelson Mandela Metropolitan University, PO Box 77 000, Port Elizabeth, South Africa, 6031. Tel: +27 41‐5042033. E‐mail: Elroy.Smith@nmmu.ac.za
Keywords
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