Assessing the impact of corporate governance on the performance of the Namibia Institute of Pathology
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Date
2023
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Publisher
University of Namibia
Abstract
The study investigated the impact of corporate governance on the Namibia Institute of
Pathology’s performance. The research was descriptive in nature, taking a mixed methods approach, consisting of qualitative and quantitative approaches. Primary data
was gathered using both structured and non-structured questionnaires distributed to
the persons who make up the governance of Namibia Institute of Pathology (NIP),
namely: members of the board of directors and the Chief Executive Officer of NIP.
Secondary data was acquired from NIP's annual reports covering a period of 5 years
(2017-2021). Seven out of eight respondents completed the questionnaire, which is
87.5% of the sample. Quantitative information was displayed as percentages,
frequency distributions, means, and standard deviations based on the total replies.
Whereas quantitative data was analysed using both correlation and regression. The
findings of this study established that larger board sizes are prone to conflicts, making
it difficult to reach a consensus. Conversely, a larger board is most likely to possess
variable skills and experience to make informed decisions. The study established that
board members are appointed by all stakeholders with no direct political influence.
Moreover, it was revealed that NIP board members were comprised only of non executive members. With regards to board committees, it was found that the NIP board
operates primarily through committees. However, it was noted that there is no
committee for auditing the board of the NIP. The study also establishes that board
meetings had a high turnout and that all board members possess the necessary
qualifications. Multiple regression analysis revealed that all components of corporate
governance had no significant effect on NIP's performance. Finally, the study
recommends that the shareholders form an independent audit committee to audit the
board committees for accountability
Description
A thesis submitted in partial fulfilment of the requirements for the degree of master in business administration management strategy
Keywords
Corporate governance, Namibia Institute of Pathology, Performance