Investigating corporate governance practices and challenges in Namibia: A case study of NamPower
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Date
2020
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of Namibia
Abstract
The 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.
ยท 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
Description
A research thesis submitted in partial fulfilment of the requirements for the Degree of Master of Business Administration
Keywords
Corporate governance practices, NamPower, Namibia, University of Namibia