Understanding Corporate Governance Reform in South Africa: Anglo-American Divergence, the King Reports and Hybridization

    Research output: Contribution to journalArticlepeer-review

    42 Citations (Scopus)

    Abstract

    This article investigates corporate governance reform in South Africa in the context of the country’s international links with Anglo-American corporate governance and domestic pursuit of socioeconomic development. Two key questions are evaluated. (a) How has divergence within the Anglo-American model influenced corporate governance reform in South Africa? (b) Can South Africa’s historical closeness to the Anglo-American model be combined with increasing attention to stakeholder issues to produce a hybrid “African model” of corporate governance? Evaluating these questions, the following issues are explored in turn: the contrast between shareholder and stakeholder models, divergence between U.S. and U.K. approaches to corporate governance as exemplified by Sarbanes-Oxley, locating a South African approach in context of the Anglo-American model, the King reports and an emerging “African” model of corporate governance, and the role of international and domestic factors in shaping South Africa’s ongoing reform process.
    Original languageEnglish
    Pages (from-to)647-673
    Number of pages27
    JournalBusiness & Society
    Volume50
    Issue number4
    Early online date18 Feb 2009
    DOIs
    Publication statusPublished - Dec 2011

    ASJC Scopus subject areas

    • Social Sciences (miscellaneous)
    • Business, Management and Accounting (miscellaneous)

    Fingerprint

    Dive into the research topics of 'Understanding Corporate Governance Reform in South Africa: Anglo-American Divergence, the King Reports and Hybridization'. Together they form a unique fingerprint.

    Cite this