Browsing by Author "Nghihepa, Josea Mufeti"
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Item Investigating corporate governance practices and challenges in Namibia: A case study of NamPower(University of Namibia, 2020) Nghihepa, Josea Mufeti; Heino, HeikkiThe aim of the study was to investigate corporate governance practices and challenges at NamPower, Namibia. The main and specific objectives of the study were: to have an in depth investiga.tion into the corporate governance practices and challenges at NamPower; to determine the relationship between corporate governance practices used and performance level at NamPower; to determine successes and challenges facing the current corporate governance practices at NamPower; and to determine the determinant factors for implementing good corporate governance at NamPower. · The study adopted a mixed method approach for the collection of data on the investigation of corporate governance practices and challenges in Namibia. The finding of the study indicated a significant negative relationship between corporate governance practices used and performance level at NamPower (beta = -1.63, p < 0.00 I). The findings imply that a 1% increase in the current corporate governance practices would result in a 1.63% reduction in the firm performance ofNamPower. This study recommends that NamPower should consider finding the best model of corporate governance to induce positive level of performance. The study also recommends that NamPower should invest on corporate governance awareness which is critically important to the successful implementation of corporate governance practices at NamPower, this would induce enhancement of firm performance, corporate governance practices and corporate governance outcomes. Since NamPower's implementation of a successful corporate governance depends on external factors, it is also recommended that it should monitor external influences from politics and the environment from time to time. It is further recommended that a study be conducted, to investigate the relationship between corporate governance and performance level on NamPower in the energy sector