CORPORATE GOVERNANCE IN ZIMBABWE: AN OVERVIEW OF ITS CURRENT STATE
Journal Title: Asian Economic and Financial Review - Year 2015, Vol 5, Issue 1
Abstract
This article aims to provide an overview of the current state of corporate governance in Zimbabwe. Corporate governance has gained relevance and prominence in the global society since the big corporate scandals such as Enron and Worldcom. This article is qualitative in nature. Document analysis of relevant literature formulated the discussions. The findings show that Zimbabwe remains amongst a few countries that do not have a national code of corporate governance. However, corporate governance practice in Zimbabwe is regulated by the Companies Act, Zimbabwe Stock Exchange Act as well as rules of various other professional bodies. This article provides an insight into the current practice of corporate governance in Zimbabwe and will help to assist in determining future initiatives.
Authors and Affiliations
Alexander Maune| Post-Doctoral research fellow, CEMS, Department of Business Management, UNISA
ARE ISLAMIC BANKS MORE RESILIENT TO GLOBAL FINANCIAL CRISIS THAN CONVENTIONAL BANKS?
Development of global finance in recent years is marketed with the fastest growth in Islamic finance. The recent global financial crisis is characterized by the failure of a number of conventional banks. This led many re...
AN ANALYSIS FOR CREDIT RATING AND MOMENTUM STRATEGY
In recent years, investors are increasingly concerned about whether the credit risk will affect the return on investment. This paper discusses the credit rating and momentum investment strategy relationship. The research...
An empirical analysis of the excessive volatility-overconfidence relationship: Evidence from the Tunisian Stock Market
The purpose of this paper is to provide that the explanation of excessive volatility can be only done through an attentive description of the psychological aspects of the investors. Our interest is carried in particular...
A DYNAMIC PANEL ANALYSIS OF THE FINANCIAL DETERMINANTS OF CSR IN BANGLADESHI BANKING INDUSTRY
Studies on corporate social responsibility (CSR) across the world mainly focus on the impact of CSR on a firm’s financial performance. However, there are hardly enough empirical evidences on the firm’s financial determin...
GOVERNMENT EXPENDITURE ON EDUCATION AND POVERTY REDUCTION: IMPLICATIONS FOR ACHIEVING THE MDGS IN NIGERIA A COMPUTABLE GENERAL EQUILIBRIUM MICRO-SIMULATION ANALYSIS
This study examines the likely impact of government expenditure policy on education and poverty reduction in Nigeria. The specific objective of the study is to explore or simulate how government expenditure on education...