Is the corporate governance law applicable to Zambian banks and financial institutions adequately promoting good corporate governance?

Sikazwe, Chanza Kephas

Is the corporate governance law applicable to Zambian banks and financial institutions adequately promoting good corporate governance?

Master Thesis

2014

Publisher

University of Cape Town

Department

Department of Commercial Law

Faculty

Faculty of Law

Abstract

Good corporate governance has been hailed as an important factor for the growth of sustainable economic development by enhancing the development of companies and increasing their access to outside capital. Furthermore, for emerging markets like Zambia, improving corporate governance can serve a number of important public policy objectives. Good corporate governance reduces emerging markets vulnerability to financial crisis, reinforces property rights, reduces transaction costs and the cost of capital and leads to capital market development. Since Banks are primarily companies, they also fall within the preserve of corporate governance.

Description

Includes bibliographical references.

Reference:

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