Analysis of corporate failures: a case study of two South African banks
- Mqomboti, Xitshembiso Pronacia
- Authors: Mqomboti, Xitshembiso Pronacia
- Date: 2023-02
- Subjects: Business failures South Africa , Corporate governance South Africa , Risk management , Operational risk , Business ethics , Bank management South Africa , Banks and banking South Africa
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419151 , vital:71620
- Description: This study analysed the factors that contributed to the failure of Venda Building Society Mutual Bank (VBS) and African Bank Limited and the impact it had on their key stakeholders. The specific objectives of this study were to evaluate African Bank and VBS bank's operational risk management processes and controls, the role of ethical failures at VBS bank and African Bank; and assess how the failures affected their stakeholders. The population sample of the study included African Bank and VBS. The study adopted a qualitative research method. Existing reports from both African Bank and VBS were used to collect data. The study adopted a thematic data analysis method, which includes data coding and the development of themes. The data analysis framework was derived from a defined set of research propositions and seven (7) themes were derived from this analysis method. The failure in operational controls of both banks and ineffective risk management structures including unethical conduct by the executive management and board of VBS bank, irregular financial transactions and weakened external auditing function resulted in an unaccountable executive relationship and reckless lending decision-making. This research study will expand on the existing body of knowledge on the failures and near-failures of banks in the South African banking sector. The South African banking industry and its regulatory bodies will be better equipped to strengthen their corporate governance in risk controls to mitigate future collapses and near collapses of banks. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2023
- Full Text:
- Date Issued: 2023-02
- Authors: Mqomboti, Xitshembiso Pronacia
- Date: 2023-02
- Subjects: Business failures South Africa , Corporate governance South Africa , Risk management , Operational risk , Business ethics , Bank management South Africa , Banks and banking South Africa
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/419151 , vital:71620
- Description: This study analysed the factors that contributed to the failure of Venda Building Society Mutual Bank (VBS) and African Bank Limited and the impact it had on their key stakeholders. The specific objectives of this study were to evaluate African Bank and VBS bank's operational risk management processes and controls, the role of ethical failures at VBS bank and African Bank; and assess how the failures affected their stakeholders. The population sample of the study included African Bank and VBS. The study adopted a qualitative research method. Existing reports from both African Bank and VBS were used to collect data. The study adopted a thematic data analysis method, which includes data coding and the development of themes. The data analysis framework was derived from a defined set of research propositions and seven (7) themes were derived from this analysis method. The failure in operational controls of both banks and ineffective risk management structures including unethical conduct by the executive management and board of VBS bank, irregular financial transactions and weakened external auditing function resulted in an unaccountable executive relationship and reckless lending decision-making. This research study will expand on the existing body of knowledge on the failures and near-failures of banks in the South African banking sector. The South African banking industry and its regulatory bodies will be better equipped to strengthen their corporate governance in risk controls to mitigate future collapses and near collapses of banks. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2023
- Full Text:
- Date Issued: 2023-02
Risk Management as a nexus to Ameliorate Citizen Centricity in the Western Cape Provincial Government
- Authors: Micketts, David
- Date: 2024-04
- Subjects: Risk management , Corporate governance -- South Africa -- Case studies , Public administration
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/63345 , vital:73259
- Description: This study aims to explore how risk management can be applied by the Western Cape Provincial Government to enhance citizen centricity in the Province. The Provincial Departments and Public Entities in this province are applauded for achieving satisfactory audit results in recent financial years from the Auditor-General South Africa. Despite the aforementioned, service delivery protests remain ongoing, which is indicative of citizen dissatisfaction and distress. Ensuring an effective, efficient, and transparent risk management system is mandatory, as prescribed by relevant legislation in South Africa and citizens are entitled to specific rights articulated in the Bill of Rights chapter of the Constitution. Therefore, it is essential that risk management – which forms part of good governance – be embedded by leadership and in processes to ultimately constrain risks which may hinder citizen centricity. Six chapters are included in this research paper. A qualitative approach was adopted, which considered a comprehensive review of literature, and a desktop analysis was performed. Secondary data and information sources were consulted and applied, without the participation of human subjects, for the purposes of primary data collection. Research findings were presented utilising thematic content analysis. It was found during the study that the Western Cape Government risk management framework is flexible to constrain various categories of risk and embraces local and global best practices in the risk management and citizen-focused governments arenas. Furthermore, the framework advocates and drives collaboration between a myriad of role-players, both internal and external to the organisation, to collectively manage risks posed to the achievement of the defined goals, objectives and priorities. To this end, the study was pursued through the lenses of a New Public Management (NPM) paradigm as well as deliberative democracy theory and public governance theories and administrative practices. , Thesis (MPA) -- Faculty of Humanities, School of Governmental and Social Sciences, 2024
- Full Text:
- Date Issued: 2024-04
- Authors: Micketts, David
- Date: 2024-04
- Subjects: Risk management , Corporate governance -- South Africa -- Case studies , Public administration
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/63345 , vital:73259
- Description: This study aims to explore how risk management can be applied by the Western Cape Provincial Government to enhance citizen centricity in the Province. The Provincial Departments and Public Entities in this province are applauded for achieving satisfactory audit results in recent financial years from the Auditor-General South Africa. Despite the aforementioned, service delivery protests remain ongoing, which is indicative of citizen dissatisfaction and distress. Ensuring an effective, efficient, and transparent risk management system is mandatory, as prescribed by relevant legislation in South Africa and citizens are entitled to specific rights articulated in the Bill of Rights chapter of the Constitution. Therefore, it is essential that risk management – which forms part of good governance – be embedded by leadership and in processes to ultimately constrain risks which may hinder citizen centricity. Six chapters are included in this research paper. A qualitative approach was adopted, which considered a comprehensive review of literature, and a desktop analysis was performed. Secondary data and information sources were consulted and applied, without the participation of human subjects, for the purposes of primary data collection. Research findings were presented utilising thematic content analysis. It was found during the study that the Western Cape Government risk management framework is flexible to constrain various categories of risk and embraces local and global best practices in the risk management and citizen-focused governments arenas. Furthermore, the framework advocates and drives collaboration between a myriad of role-players, both internal and external to the organisation, to collectively manage risks posed to the achievement of the defined goals, objectives and priorities. To this end, the study was pursued through the lenses of a New Public Management (NPM) paradigm as well as deliberative democracy theory and public governance theories and administrative practices. , Thesis (MPA) -- Faculty of Humanities, School of Governmental and Social Sciences, 2024
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- Date Issued: 2024-04
The role of dynamic capabilities and enterprise risk management on SMMEs business continuity in Nelson Mandela Bay Metropolitan Municipality
- Authors: Sishuba, Hlumela
- Date: 2023-12
- Subjects: Risk management , Crisis management -- South Africa , Small business -- Management -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/65979 , vital:74293
- Description: Business continuity does not happen by chance, it is rather enabled or propelled by various activities in business operations. This study examines the role of dynamic capabilities and enterprise risk management and their role in the continuity of Small, Micro and Medium Enterprises (SMMEs) in the Nelson Mandela Bay Metropolitan Municipality. Fixated in the positivist paradigm, this study adopted a quantitative research approach to collect data from 105 SMMEs registered with the Nelson Mandela Bay Business Chamber, who were sampled using stratified and convenience sampling. Data was collected via an online survey on Google Forms and analysed using SPSS version 23. Descriptive statistics and statistical analysis methods were applied using SPSS version 23. The analysis was done in three phases. Firstly, the researcher conducted a reliability analysis of the questionnaire, and secondly, a descriptive statistical analysis to examine the research questions. The third phase was a statistical analysis to test the hypothesis. A Pearson‟s correlation test was performed to test the relationship between dynamic capabilities and enterprise risk management. The findings showed that, as enterprise risk is managed, dynamic capabilities increase, and thus there is a significant relationship between dynamic capabilities and enterprise risk management. The correlation between the variables which measured the dynamic capabilities and those which measured enterprise risk management seemed to be significant as they were all above 0.05. Therefore, it can be concluded that dynamic capabilities and enterprise risk management contribute to business continuity. This means that dynamic capabilities enhance business continuity, dynamic capabilities enhance enterprise risk management and enterprise risk management enhances business continuity. To leverage these positive relations, SMMEs ought to employ ERM experts or engage ERM consultants who will design Enterprise Risk management (ERM) strategies that are compatible with their enterprises. It is also recommended for SMMEs to have quarterly evaluations of the Enterprise Risk Management strategies and Dynamic Capabilities that enhance their business continuity planning , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2023
- Full Text:
- Date Issued: 2023-12
- Authors: Sishuba, Hlumela
- Date: 2023-12
- Subjects: Risk management , Crisis management -- South Africa , Small business -- Management -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/65979 , vital:74293
- Description: Business continuity does not happen by chance, it is rather enabled or propelled by various activities in business operations. This study examines the role of dynamic capabilities and enterprise risk management and their role in the continuity of Small, Micro and Medium Enterprises (SMMEs) in the Nelson Mandela Bay Metropolitan Municipality. Fixated in the positivist paradigm, this study adopted a quantitative research approach to collect data from 105 SMMEs registered with the Nelson Mandela Bay Business Chamber, who were sampled using stratified and convenience sampling. Data was collected via an online survey on Google Forms and analysed using SPSS version 23. Descriptive statistics and statistical analysis methods were applied using SPSS version 23. The analysis was done in three phases. Firstly, the researcher conducted a reliability analysis of the questionnaire, and secondly, a descriptive statistical analysis to examine the research questions. The third phase was a statistical analysis to test the hypothesis. A Pearson‟s correlation test was performed to test the relationship between dynamic capabilities and enterprise risk management. The findings showed that, as enterprise risk is managed, dynamic capabilities increase, and thus there is a significant relationship between dynamic capabilities and enterprise risk management. The correlation between the variables which measured the dynamic capabilities and those which measured enterprise risk management seemed to be significant as they were all above 0.05. Therefore, it can be concluded that dynamic capabilities and enterprise risk management contribute to business continuity. This means that dynamic capabilities enhance business continuity, dynamic capabilities enhance enterprise risk management and enterprise risk management enhances business continuity. To leverage these positive relations, SMMEs ought to employ ERM experts or engage ERM consultants who will design Enterprise Risk management (ERM) strategies that are compatible with their enterprises. It is also recommended for SMMEs to have quarterly evaluations of the Enterprise Risk Management strategies and Dynamic Capabilities that enhance their business continuity planning , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2023
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- Date Issued: 2023-12
The impact of risk management maturity level on the performance and accountability within select Eastern Cape provincial government departments
- Authors: Mbedhli, Tonie Moses
- Date: 2024-12
- Subjects: Risk management , Strategic planning , Performance -- Management
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/70100 , vital:78298
- Description: This research study delves into the impact of risk management maturity levels on the accountability and performance of select provincial departments in the Eastern Cape. Through a comprehensive analysis of data gather from interviews, empirical literature, and various sources, the study explores the intricate dynamics between risk management practices and organisational outcomes. Key findings highlight the positive correlation between risk management maturity and improv project efficiency, budget adherence, and overall service delivery. The study also emphasises the transformative influence of risk management maturity on organisational culture and accountability. Recommendations include strategic alignment of risk management with performance agreements, cultivation of a risk-aware culture, and continuous capacity-building initiatives. The research contributes valuable insights to the field of enterprise risk management, guiding organistions toward optimising their risk management frameworks for long-term success. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2024
- Full Text:
- Date Issued: 2024-12
- Authors: Mbedhli, Tonie Moses
- Date: 2024-12
- Subjects: Risk management , Strategic planning , Performance -- Management
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/70100 , vital:78298
- Description: This research study delves into the impact of risk management maturity levels on the accountability and performance of select provincial departments in the Eastern Cape. Through a comprehensive analysis of data gather from interviews, empirical literature, and various sources, the study explores the intricate dynamics between risk management practices and organisational outcomes. Key findings highlight the positive correlation between risk management maturity and improv project efficiency, budget adherence, and overall service delivery. The study also emphasises the transformative influence of risk management maturity on organisational culture and accountability. Recommendations include strategic alignment of risk management with performance agreements, cultivation of a risk-aware culture, and continuous capacity-building initiatives. The research contributes valuable insights to the field of enterprise risk management, guiding organistions toward optimising their risk management frameworks for long-term success. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business School, 2024
- Full Text:
- Date Issued: 2024-12
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