Transcription of CORPORATE GOVERNANCE IN ZIMBABWE: THE ZIMCODE …
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CORPORATE GOVERNANCE IN ZIMBABWE: THE ZIMCODE …
International Journal of Economics, Commerce and Management United Kingdom Vol. III, Issue 11, November 2015 Licensed under Creative Common Page 651 ISSN 2348 0386 CORPORATE GOVERNANCE IN ZIMBABWE: THE ZIMCODE AND STATE OWNED ENTERPRISES CONNECTION Chavunduka Muchineripi Desderio Chinhoyi University of Technology, Zimbabwe Sikwila Nyamazana Mike Chinhoyi University of Technology, Zimbabwe Abstract The Zimbabwe CORPORATE GOVERNANCE code ( ZIMCODE 2014) was introduced in April 2015 in an effort to incorporate CORPORATE GOVERNANCE in Zimbabwe and improve the performance of organizations. The purpose of this study is to examine the implementation of Zimbabwe CORPORATE GOVERNANCE code ( ZIMCODE ) by State Owned Enterprises (SOEs).
proper corporate governance issues should not be confined to the private sector. After looking at various institutions in the public sector in South Africa, Nevondwe, et al (2014) argue that the effectiveness and accountability of the SOE could be improved significantly if the principles of corporate governance were applied correctly.
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