Article Details

Journal of Public Administration (JOPA)

Your article preview is detailed below
ISSN : 2
A Framework for Corporate Governance and Firm Performance in the Fourth Industrial Revolution

Author: Ranson S Gwala, Pfano Mashau and Abdulla Kader

Affiliation: University of KwaZulu-Natal

Source: Journal of Public Administration, 2024-04-10 09:46:20

Accreditation: Department of Higher Education and Training (DHET)



Abstract: A Framework for Corporate Governance and Firm Performance in the Fourth Industrial Revolution

The purpose of this research was to examine the basic endemic corporate governance practices that promote efficiency and to recommend a conceptual and legislative framework for the organisation. Microsoft Forms was used to collect information. This study used a pragmatic mixed-methods approach. Descriptive statistics were calculated using the Statistical Package for the Social Sciences (SPSS) version 27. All study components were subjected to exploratory factor analysis (EFA), and the research hypotheses were tested using Structural Equation Modelling (SEM) in SmartPLS version 3. The findings of the study confirmed a relationship between board independence and organisational performance. Findings on board diversity are inconclusive. The relationship between board committees and organisational performance is not supported. The relationship between board oversight responsibility and organisational performance was positively confirmed.