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Title
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The Impact of Corporate Governance Practices on Performance of Mining Sector in Zimbabwe
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Creator
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Dr Collen Kajongwe (PhD)
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Sithole, Munoneka (Lecturer)
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Terrence Masamba (PhD)Student)
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Abstract
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The study sought to evaluate the efficacy of corporate governance practices on performance of Mining Sector in Zimbabwe focusing on the platinum mines. The study used the descriptive research design. The target population comprised of 330 line, middle and senior management personnel at the three platinum mining companies that are fully operational in Zimbabwe and a sample of 60 respondents. Questionnaires were used to collect data. The data was then analyzed using descriptive statistics and correlations. The findings revealed that
internal control, organization transparency, board independence have a significant effect on corporate management of mining companies. On the other hand, the findings of the study revealed that management skills and ownership structure had no effect on mining
management practices. The findings thus conclude that internal control, organizational transparency and board independence affects the implementation of good corporate governance practices in mining companies in Zimbabwe. Thus, the study recommends that organizations should improve on internal control systems, organization transparency and board independence since these improve management practices of mining sector in Zimbabwe. Key Words: Corporate Governance, Performance, Mining Sector, Zimbabwe
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Date
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2022
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Source
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Journal of African Interdisciplinary Studies (JAIS): ISSN 2523-6725 (online)
