Minerals companies’ attributes and corporate governance in South Africa

Raputsoane, Leroi (2024): Minerals companies’ attributes and corporate governance in South Africa.

Abstract

This study analyses the relationship between the attributes of a selected set of the minerals companies and corporate governance in South Africa. This is achieved by comparing the corporate governance rating of companies in the minerals sector to that of the companies in the other sectors of the economy against a set of attributes that comprise the sampled companies’ economic activity, size, market performance, financial performance and transparency. The empirical results have shown that autonomous corporate governance as well as the measures of transparency, required disclosure and additional disclosure, of the sampled companies have a statistically significant positive relationship with corporate governance, while the companies’ attributes that include the companies’ economic activity, size as well as market and financial performance do not have a statistically significant relationship with corporate governance. Consequently, the conclusion is no discernible difference in corporate governance of companies in the minerals sector compared to companies in the other sectors of the economy.

• Item Type: MPRA Paper
• Language: English
• Keywords: Corporate governance, Minerals companies, Companies’ attributes
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General; D - Microeconomics > D2 - Production and Organizations > D22 - Firm Behavior: Empirical Analysis; G - Financial Economics > G3 - Corporate Finance and Governance

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