Browsing by Author "Kalundu, Mariane Grace"

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    An investigation of factors influencing the performance of State Owned Enterprises in Namibia: Comparative cases of Roads Construction Company and Roads Authority
    (University of Namibia, 2019) Kalundu, Mariane Grace; Katoma, Victor
    This study undertook a comparison on the performance of two SOEs in Namibia. The main aim of the study was to find out the factors that contribute to success and failure of SOEs. Thus, the researcher identified the Roads Authority as one of the well performing and successful SOEs with the Roads Construction Company representing the non performing SOEs. These SOEs were selected since they operate in the same industry but have been performing differently. The study chose a case study research design and the qualitative research method was used. A sample of 50 participants from both SOEs was used and it was selected from the middle and senior management. Interviews with semi structured questions in the interview guide were used to gather data. From the data collected it was found that the success behind the Roads Authority was as a result of good management, good corporate governance, effective internal control systems, transparency and accountability. On the contrary the failure of the Roads Construction company was due to these attributes, i.e. mismanagement, lack of transparency, lack of accountability, corruption, nepotism, and poor corporate governance. It was further noted that the management at RCC was not focused on achieving organisational goals but rather to serve self-interests. Malpractices in recruitment were also reported, leading to some of the managers holding senior positions not having the required qualifications and expertise to hold such posts. However, the research found out that the government is very supportive of SOEs and always bails out those non-performing SOEs. Finally, the research recommended the board of directors to take an active role to ensure the success of the SOEs in particular the RCC. The board is the focal point and plays an important role in ensuring adherence to the policy and vision of the company. They are responsible for providing the-vision as well as recruitment of the right staff that can drive the organisation towards the attainment of organisational goals.