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Corporate Governance in Zimbabwe: An Overview of Its Current State

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  • Alexander Maune

Abstract

This article aims to provide an overview of the current state of corporate governance in Zimbabwe. Corporate governance has gained relevance and prominence in the global society since the big corporate scandals such as Enron and Worldcom. This article is qualitative in nature. Document analysis of relevant literature formulated the discussions. The findings show that Zimbabwe remains amongst a few countries that do not have a national code of corporate governance. However, corporate governance practice in Zimbabwe is regulated by the Companies Act, Zimbabwe Stock Exchange Act as well as rules of various other professional bodies. This article provides an insight into the current practice of corporate governance in Zimbabwe and will help to assist in determining future initiatives.

Suggested Citation

  • Alexander Maune, 2015. "Corporate Governance in Zimbabwe: An Overview of Its Current State," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 5(1), pages 167-178.
    • Handle: RePEc:asi:aeafrj:v:5:y:2015:i:1:p:167-178:id:1329
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    Cited by:

    1. Wilford Mawanza & Tinevimbo Chokuda Santu & Sibonile Mdlongwa, 2018. "Corporate Governance Compliance Model: The Extent to Which Financial Institutions have Complied with the Reserve Bank of Zimbabwe (RBZ) Corporate Governance Guideline No. 01-2004/BSD of 2004," International Review of Management and Marketing, Econjournals, vol. 8(2), pages 74-80.
    2. Maune Alexander & Matanda Ephraim & Chitombo Ezekiel, 2023. "Foreign Direct Investment, Gross Capital Formation, Foreign Remittances, and Economic Growth in Zimbabwe," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 261-274, December.
    3. Takuriramunashe, Famba & Yusheng Kong & Ophias Kurauone & Grace Chituku-Dzimiro, 2020. "Corporate Governance Practices and Financial Performance of Firms Listed on the Zimbabwe Stock Exchange," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 7(9), pages 195-205, September.

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