Impact of corporate governance and ethical practice on performance of Zimbabwe Electricity Supply Authority Holdings

Abstract

Most publicized global corporate failures have been attributed to either absence of dereliction of efficient corporate governance. It therefore demands that an investigation into corporate governance impact on state owned enterprises be embarked upon. Such a study should perhaps assist main actors to learn from these findings and perhaps leapfrog some of these situations that befell other failed actors elsewhere if corporate governance is analysed critically and findings redressed expeditiously. Given the impact of state enterprises on society and the national economy this research seeks to establish how suitable and widespread corporate governance practice for the welfare of ZESA Holdings and society. There is very limited research on Zimbabwean state owned enterprise corporate governance practice and model fit. This study starts with a history check on ZESA, followed by a general development history of corporate governance, an environmental scan and review of frameworks available for potential use. The study also navigates research methodology territory in order to avoid biasness and come up with rational findings which hopefully shall entrench and advance corporate governance practice in ZESA Holdings and other state owned enterprises. This research concludes by proposing further areas of research as a result.