Gibson Munisi disputerer for ph.-d-graden i International Management onsdag 8. januar med en avhandling om eierstyring og selskapsledelse i landene i Afrika under Sahara-beltet.
Artikkelen er mer enn to år gammel, og kan inneholde utdatert informasjon.
Gibson Munisi kommer fra Tanzania, og har fulgt doktorgradsprogrammet ved UiAs Fakultet for økonomi og samfunnsvitenskap med spesialisering i International Management.
Slik beskriver kandidaten selv essensen i avhandlingen:Corporate governance across Sub-Saharan African countries
Most research on corporate governance has been conducted in developed countries, which have different institutional characteristics from those found in developing countries. Sub-Saharan African countries, being among the developing countries, provide a different context of corporate governance research from developed countries.
This thesis extends the corporate governance research to developing countries with a weak institutional environment with specific focus on Sub-Saharan African countries.
The thesis addresses four main research questions:
(1) To what extent companies have adopted good corporate governance practices and the effects of these on company performance
(2) What are determinants of the board structure?
(3) What are determinants of board compensation and how board compensation is associated to company performance?
(4) What is the association between board composition and company performance?
The thesis addresses these questions by using literature on corporate governance to develop research framework and quantitative research methods to analyse the data.
The finding in the first question indicated that the companies across Sub-Saharan Africa have only partly implemented good corporate governance practices; and there is a positive association between good corporate governance practices and accounting performance.
However, corporate governance is negatively associated with the market valuation. In regard to second question, the finding indicated that board structure is determined by ownership structure. As for the third question, the finding showed that ownership structure characteristics are associated with board compensation; however, there is no a significant association between board compensation and company performance.
Finally, the finding in the fourth question indicated that some characteristics of board composition are associated with company performance.
Kandidaten: Gibson Munisi, born 1972, is from Dar es Salaam, Tanzania. He received a bachelor of Commerce- Accounting (BCom) from the University of Dar es Salaam, Tanzania, and a Master of Business Administration (MBA) from the University of Sheffield in the United Kingdom. He worked in the corporate business in Tanzania as a professional accountant before he joined the PhD in International Management at the University of Agder in 2008.
Prøveforelesning og disputas finner sted i Auditorium I1 066, Campus Kristiansand, Universitetet i Agder. Dekan Sigbjørn Sødal leder disputasen.
Tid for prøveforelesning: 8. januar 2014 kl 10:15
Oppgitt emne for prøveforelesning: “What are the key determinants of foreign direct investment in East-Africa?”
Tid for disputas: 8. januar 2014 kl 12:15
Tittel på avhandling: “Four Essays on Corporate Governance in Sub-Sahara Africa”
Les avhandlingen i AURA - Agder University Research Archive, http://brage.bibsys.no/hia/ som er et digitalt arkiv for vitenskapelige artikler, avhandlinger og masteroppgaver fra ansatte og studenter ved Universitetet i Agder.Opponenter:
Førsteopponent: Professor Bruce Hearn, University of Sussex, UK
Annenopponent: Associate Professor Aleksandra Gregoric, Copenhagen Business School, Denmark
Bedømmelseskomitéen har vært ledet av Professor Lars Oxelheim, School of Business and Law, University of Agder
Veileder i doktorgradsarbeidet var professor Trond Randøy, UiA.