Abstract:
The current state-owned entities' (SOEs) governance landscape ranges from fragmented accountability frameworks and human factors to a convoluted array of SOEs typologies, i.e. parent entities and subsidiaries. The article reviews the SOEs' governance landscape to unravel underlying inconsistencies and contradictions and provides a compelling argument for opting to create an overarching SOEs governance and seamless legislative framework. The study perused primary and secondary data employing qualitative methods. As the proposed governance and seamless legal framework as not an absolute resolve of all SOEs challenges, the study tests whether the option could assist in arriving at a liberating praxis that would straddle and fulfil the corporate and developmental aspirations of the state.
Reference:
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