scholarly journals Railway corporate governance in a free-functioning freight transport market: a South African position

2010 ◽  
Vol 7 (3) ◽  
pp. 448-453 ◽  
Author(s):  
Wessel Pienaar
Keyword(s):  
Board Of Directors ◽  
South African ◽  
Performance Indicators ◽  
Governance Structure ◽  
Freight Transport ◽  
Economic Role ◽  
Effective Competition ◽  
Management Objectives ◽  
Public Corporation

Defining the economic role of rail freight transport in the national transport system of South Africa should be one of the basic ingredients of both an economically rational transport policy and the effective functioning of Transnet Freight Rail. In the interest of the national economy and in its own commercial interest, Transnet Freight Rail must only specialise in those fields where it can provide services tailored to the needs of customers at prices which are competitive and defensible in terms of economic principles. The institutional framework governing Transnet Freight Rail’s operations should create an environment conducive to the management of its operations as a fully competitive and profit-oriented business by: fostering a competitive freight transport market; providing any required socio-economic rail services under special agreements; Transnet’s board of directors defining management objectives and granting real management autonomy to Transnet Freight Rail; and Transnet Freight Rail defining clear and adequate performance indicators for itself. On the basis of these conditions, this paper outlines a governance structure under which Transnet Freight Rail as a public corporation can operate within a climate of free and effective competition.

scholarly journals The Role of Supervisory Board in Corporate Governance in Vietnam: From Legal Regulations to Practice

2021 ◽  
Vol 11 (4) ◽  
pp. 2546-2563
Author(s):  
Dr. Phan Thi Thanh Thuy
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Internal Control ◽  
Supervisory Board ◽  
Governance Structure ◽  
Company Law ◽  
The Board Of Directors ◽  
Supervisory Boards ◽  
Control Body

Good corporate governance is always associated with an effective internal control system, which is expected to quickly forecast and detect the infringements of laws and the company's charters committed by the main corporate governance bodies like the board of directors, the general director, and provide timely advice on remedial solutions. Following this theory, since the adoption of the first Vietnamese company law in 1990, the supervisory board, a special body of Vietnamese corporate governance structure, has formed and become a traditionally internal control body in joint-stock companies (JSCs). However, supervisory boards seem not to promote their effectiveness as expected. Many major violations conducted by the board of directors and the CEO took place in large companies, where the supervisory boards did not detect or were complicit in these violations. Most recently, the trend of replacing supervisory boards with independent directors and audit committees has occurred in many public companies in Vietnam. This paradox raises questions about the ineffectiveness of supervisory boards and the reasons causing the situation. To find the answers, the article will focus on analyzing the role of the supervisory board in Vietnamese JSCs compared with international practices. Thereby, to find out the reasons for the limitations of supervisory boards in both legal provision and practice. To conclude the research, the article will make some suggestions for reforming the supervisory board so that this internal control body could bring its effectiveness.

scholarly journals Government And The Economy: Student Perspectives From South Africa

2012 ◽  
Vol 11 (4) ◽  
pp. 443
Author(s):  
Kudayja Parker
Keyword(s):  
South Africa ◽  
South African ◽  
State Intervention ◽  
Student Opinions ◽  
Economic Role ◽  
Student Gender ◽  
Government Deficits ◽  
Role Of The State ◽  
Political Interference

The economic role of the state is in the forefront of international news, following the collapse of major financial groups in some countries, and ballooning government deficits and debt in others. While the extent of government intervention, such as bailouts and takeovers, has been unprecedented elsewhere, political interference in the economy is nothing new in South Africa. This research investigates student opinions about state intervention vis vis individual freedom and the operation of market forces in the South African economy. A fourteen-item Likert scale measuring student opinion was developed based on the Economic Attitudes Survey (Soper & Walstad, 1983). Interrelationships between economic opinion and student gender, prior economics knowledge, field of study and socio-economic background are explored.

scholarly journals Substitute governance structure and the effect of monitoring: Evidence from Bangladesh

2010 ◽  
Vol 8 (1) ◽  
pp. 9-23
Author(s):  
Mohammad Istiaq Azim
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Board Of Directors ◽  
Empirical Evidence ◽  
Governance Structure ◽  
Policy Implications ◽  
Corporate Governance Structure ◽  
External Auditors

This paper investigates the role of monitoring mechanisms in a corporate governance structure, focusing on listed companies in a developing country, Bangladesh. Specifically, it examines whether different interrelated monitoring mechanisms - board of directors and committee, management and external auditors - affect firm performance. This research found the possibility of having a substitution or complementary links in monitoring mechanisms that explain why there is no consistent empirical evidence between individual monitoring mechanisms and firm performance. This study has policy implications for the Bangladeshi corporate environment. Progress of implementation of the guidelines appears to be reasonable. However, credibility of the reported figures and quality of implementation remain open to discussion. To what extent these status reports reflect improved governance or are largely a form of paper compliance is a debatable issue. This research also suggests that when considering any change in corporate monitoring, the Bangladeshi government should take into account the nation‟s business, social structure, culture and legal practices.

scholarly journals Statistical survey of road freight transport performance indicators

2017 ◽  
Vol 5 (2) ◽  
pp. 33-36
Author(s):  
Pavol Varjan ◽  
◽  
Jozef Gnap ◽  
Štefánia Semanová ◽  
Ondrej Stopka
Keyword(s):  
Survey Data ◽  
Performance Indicators ◽  
Statistical Data ◽  
Slovak Republic ◽  
Freight Transport ◽  
Middle Part ◽  
Road Freight ◽  
Statistical Survey

This paper deals with the statistical survey of road freight transport performance indicators in the Slovak Republic and Europe. The aim is to point out disagreements in statistical data. The data will be compared in the databases of the Statistical Office of the Slovak Republic and Eurostat databases. These disagreements concern performance indicators for road freight and transport of passengers. The first part of the article describes the role of the Statistical Office of the Slovak Republic and Eurostat. Further, the survey data is shown. In the middle part there are disagreements in the statistics. At the end of the article are explained problems with collecting data from road freight transport companies.

The Role of Non-Coordinated Effects in the Assessment of Minority Shareholdings

2016 ◽  
Vol 14 (3) ◽  
Author(s):  
Frank Maier-Rigaud ◽  
Ulrich Schwalbe ◽  
Felix Forster
Keyword(s):  
Differentiated Products ◽  
Effective Competition ◽  
Oligopolistic Markets ◽  
Minority Shareholdings ◽  
Coordinated Effects

AbstractThis article focusses on the non-coordinated effects of minority shareholdings in oligopolistic markets. It is demonstrated that minority shareholdings even when they fall below the usual thresholds can lead to a significant impediment of effective competition (SIEC) on a purely non-coordinated basis. This is particularly likely in a market with differentiated products, when a firm partially acquires shareholdings in its closest competitor and when the next best alternative products are only weak substitutes.

Learning Zulu

2016 ◽  
Author(s):  
Mark Sanders
Keyword(s):  
Language Learning ◽  
Cultural History ◽  
South African ◽  
Press Coverage ◽  
African History ◽  
African Culture ◽  
The Past ◽  
Correct Form ◽  
Linguistic Purism

When this book's author began studying Zulu, he was often questioned why he was learning it. This book places the author's endeavors within a wider context to uncover how, in the past 150 years of South African history, Zulu became a battleground for issues of property, possession, and deprivation. The book combines elements of analysis and memoir to explore a complex cultural history. Perceiving that colonial learners of Zulu saw themselves as repairing harm done to Africans by Europeans, the book reveals deeper motives at work in the development of Zulu-language learning—from the emergence of the pidgin Fanagalo among missionaries and traders in the nineteenth century to widespread efforts, in the twentieth and twenty-first centuries, to teach a correct form of Zulu. The book looks at the white appropriation of Zulu language, music, and dance in South African culture, and at the association of Zulu with a martial masculinity. In exploring how Zulu has come to represent what is most properly and powerfully African, the book examines differences in English- and Zulu-language press coverage of an important trial, as well as the role of linguistic purism in xenophobic violence in South Africa. Through one person's efforts to learn the Zulu language, the book explores how a language's history and politics influence all individuals in a multilingual society.

ROLE OF LIBRARIANS IN TEACHING INFORMATION LITERACY IN ZIMBABWEAN AND SOUTH AFRICAN UNIVERSITIES: A COMPARATIVE STUDY

Mousaion ◽  
2016 ◽  
Vol 33 (1) ◽  
pp. 23-42 ◽  
Author(s):  
Tinashe Mugwisi
Keyword(s):  
South Africa ◽  
South African ◽  
Information Literacy ◽  
Ethical Issues ◽  
University Libraries ◽  
Information And Communications Technologies ◽  
Communications Technologies ◽  
Information Skills ◽  
The University

Information and communications technologies (ICTs) and the Internet have to a large extent influenced the way information is made available, published and accessed. More information is being produced too frequently and information users now require certain skills to sift through this multitude in order to identify what is appropriate for their purposes. Computer and information skills have become a necessity for all academic programmes. As libraries subscribe to databases and other peer-reviewed content (print and electronic), it is important that users are also made aware of such sources and their importance. The purpose of this study was to examine the teaching of information literacy (IL) in universities in Zimbabwe and South Africa, and the role played by librarians in creating information literate graduates. This was done by examining whether such IL programmes were prioritised, their content and how frequently they were reviewed. An electronic questionnaire was distributed to 12 university libraries in Zimbabwe and 21 in South Africa. A total of 25 questionnaires were returned. The findings revealed that IL was being taught in universities library and non-library staff, was compulsory and contributed to the term mark in some institutions. The study also revealed that 44 per cent of the total respondents indicated that the libraries were collaborating with departments and faculty in implementing IL programmes in universities. The study recommends that IL should be an integral part of the university programmes in order to promote the use of databases and to guide students on ethical issues of information use.

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