Assessing the impact of corporate governance on the performance of the Namibia Institute of Pathology

The study investigated the impact of corporate governance on the Namibia Institute of Pathology’s performance. The research was descriptive in nature, taking a mixed methods approach, consisting of qualitative and quantitative approaches. Primary data was gathered using both structured and non-structured questionnaires distributed to the persons who make up the governance of Namibia Institute of Pathology (NIP), namely: members of the board of directors and the Chief Executive Officer of NIP. Secondary data was acquired from NIP's annual reports covering a period of 5 years (2017-2021). Seven out of eight respondents completed the questionnaire, which is 87.5% of the sample. Quantitative information was displayed as percentages, frequency distributions, means, and standard deviations based on the total replies. Whereas quantitative data was analysed using both correlation and regression. The findings of this study established that larger board sizes are prone to conflicts, making it difficult to reach a consensus. Conversely, a larger board is most likely to possess variable skills and experience to make informed decisions. The study established that board members are appointed by all stakeholders with no direct political influence. Moreover, it was revealed that NIP board members were comprised only of non executive members. With regards to board committees, it was found that the NIP board operates primarily through committees. However, it was noted that there is no committee for auditing the board of the NIP. The study also establishes that board meetings had a high turnout and that all board members possess the necessary qualifications. Multiple regression analysis revealed that all components of corporate governance had no significant effect on NIP's performance. Finally, the study recommends that the shareholders form an independent audit committee to audit the board committees for accountability

Grantor dc:publisher

University of Namibia

Year dc:date.issued

2023

Author dc:creator

• Bauleth, Mirjam Zucky

• Corporate governance
• Namibia Institute of Pathology
• Performance

Language dc:language.iso

en

Handle dc:identifier.uri

http://hdl.handle.net/11070/3791

OAI identifier oai:identifier

oai:repository.unam.edu.na:11070/3791