
doi: 10.15249/8-2-87
handle: 10210/13665
The study explored the nature of publically identified corporate governance transgressions relating to deals designed to promote black economic empowerment (BEE) at 22 South African mining companies. A review of South African English language newspaper articles was undertaken for the period 1 January 2010 to 31 December 2011. Reported transgressions were assessed against a framework developed from relevant codes and legislation. Political interference/nepotism/fronting was the most-cited category of behaviour promoting governance transgressions, followed by fraud/ structuring of controversial BEE deals, and mismanagement/negligence. Public concern about governance of BEE deals in the mining sector and, accordingly, about the contribution of BEE to the broad socio-economic upliftment of historically disadvantaged South Africans, is highlighted.Â
Corporate governance, Business ethics, Mining industry - Corrupt practices - South Africa, Mining sector - South Africa, Black economic empowerment - South Africa
Corporate governance, Business ethics, Mining industry - Corrupt practices - South Africa, Mining sector - South Africa, Black economic empowerment - South Africa
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