An Expert Evaluated Nomination Process for the Board of Directors in South Africa’s State-Owned Companies

Hlobo Modi (), Moloi Tankiso () and Marx Ben ()
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Hlobo Modi: University of Johannesburg
Moloi Tankiso: University of Johannesburg
Marx Ben: University of Johannesburg

A chapter in Impacting Society Positively Through Technology in Accounting and Business Processes, 2025, pp 1-18 from Springer

Abstract: Abstract The primary challenge facing most of the South Africa’s State-Owned Companies (SOCs) is the implementation of an ineffective nomination process used to appoint directors, which often results in the appointment of incompetent executives and boards of directors. As a result, this chapter provides an effective process that can be used by SOCs when appointing directors. This research paper aims to identify an effective nomination process for non-executive directors overseeing SOCs. This study conducted a systematic literature review as well as a two-round Delphi process where experts provided their input on the most effective nomination process for non-executive directors serving on SOCs. The research study has identified the most effective nomination process that can be used when appointing non-executive directors in SOC. The research study’s findings suggest an effective nomination process that SOCs can use to select non-executive directors for SOCs. This study contributes to the scant research on corporate governance in SOC, especially on research focusing on the nomination process of non-executive directors, as the majority of research has been concentrated on listed companies.

Keywords: Board members; Non-executive directors; Corporate governance; Nomination process; Competencies and qualities; State-Owned Companies (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-84885-8_1

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DOI: 10.1007/978-3-031-84885-8_1

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