n Management Dynamics : Journal of the Southern African Institute for Management Scientists - The impact of planning on good governance practices in South African Greek family businesses
|Article Title||The impact of planning on good governance practices in South African Greek family businesses|
|© Publisher:||Southern African Institute for Management Scientists (SAIMS)|
|Journal||Management Dynamics : Journal of the Southern African Institute for Management Scientists|
|Author||Chris Adendorff, Christo Boshoff, Philip Court and Sarah Radloff|
|Publication Date||Jan 2005|
|Pages||34 - 46|
The importance of family businesses in South Africa in general, as well as the considerable influence of Greek family control in the South African economy is often underestimated. Against the background of continued calls for improved corporate governance in South Africa this study investigates the relationship between planning and good governance in family-businesses. More specifically the study identifies the factors that influence good governance in Greek family businesses in South Africa. The empirical results suggest that strategic planning and the use of outside advice are particularly influential in ensuring good corporate governance in Greek family businesses in South Africa.
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