A Comparative Analysis of the Corporate Governance Practices in Multinational and Domestic Banks in Zimbabwe

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dc.contributor.authorNdlovu, Milton Webb
dc.contributor.authorBhiri, Thomas
dc.contributor.authorMutambanadzo, Tendekayivanhu
dc.contributor.authorHlahla, Blessing P.
dc.date.accessioned2013-11-21T08:42:27Z
dc.date.accessioned2023-06-26T12:03:29Z
dc.date.available2013-11-21T08:42:27Z
dc.date.available2023-06-26T12:03:29Z
dc.date.issued2013
dc.description.abstractThe Zimbabwean banking sector has been characterised by a number of corporate governance disorders. This study aimed at analysing the corporate governance practices by multinational banks in comparison to domestic banks in Zimbabwe. It was hoped that the research would reveal the corporate governance discrepancies between multinational and domestic banks and hence assist the Reserve Bank of Zimbabwe in pursuing its supervisory role as well as bring awareness to stakeholders in the banking industry. The research adopted a cross-sectional survey research design. The target population consisted of all commercial and merchant banks in Zimbabwe. Primary data was gathered through questionnaires and interviews. Secondary data was also analysed in the research. The selection of the banks to be included in the sample employed stratified random sampling to ensure representation from each key group of banks in the sample. The study revealed that the awareness on the importance of sound corporate governance practices was of substandard levels for both bank categories. Domestic banks, in particular, had more shortfalls compared to multinational banks. Results further revealed that domestic banks did not represent shareholders’ interests in their corporate governance practices and their levels of compliance to Reserve Bank of Zimbabwe’s corporate governance requirements was still lacking. Although corporate governance strategies by multinational banks were superior to domestic banks it was established that multinational banks needed to accept local central bank requirements on corporate governance as an engine to enhance their corporate governance strategies.en_US
dc.identifier.citationNdlovu M.W et al (2013). A Comparative Analysis of the Corporate Governance Practices in Multinational and Domestic Banks in Zimbabwe. Journal of Emerging Trends in Economics and Management Sciences 4(5):473-480.en_US
dc.identifier.issn2141-7024
dc.identifier.urihttp://196.220.97.103:4000/handle/123456789/342
dc.language.isoenen_US
dc.publisherScholarlink Research Institute Journalsen_US
dc.rights.licenseThis article was downloaded from NUST Institutional repository, and is made available under the terms and conditions as set out in the Institutional Repository Policy.en_US
dc.subjectcorporate governanceen_US
dc.subjectmultinational banksen_US
dc.subjectdomestic banksen_US
dc.subjectcomplianceen_US
dc.subjectstrategiesen_US
dc.subjectReserve Bank of Zimbabween_US
dc.titleA Comparative Analysis of the Corporate Governance Practices in Multinational and Domestic Banks in Zimbabween_US
dc.typeArticleen_US
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