http://hdl.handle.net/10386/2779 2026-04-12T15:03:49Z http://hdl.handle.net/10386/3324 The intrinsic role of the banks in decarbonizing the economy Odeku, K. O. Global warming and climate change continue to disrupt the environment and all aspects of people’s endeavors and as such, there is need to look at causes of climate change and deploy appropriate tools to address the problem of the scourge of climate change. Banks hold a pivotal position in the economy of any country. Apart from being the custodian of money, they also collaborate with the government and international financial institutions to perform various roles that shape the direction of the world’s economy in terms of growth and development. Against the backdrop of this, this article looks at banks as part of the appropriate tools that should constantly be used to address and reduce the influence of fossil fuels that are fuelling global warming and climate change and switch to more sustainable green economy. In order to achieve this, there should be radical acceleration in advancing credit and loan facilities by banks to fund green projects and investments in order to decarbonize the economy, and at the same time maintain sustainable economic growth and development. Journal article published in Banks and Bank Systems, Volume 12, Issue 4, 2017 2017-01-01T00:00:00Z http://hdl.handle.net/10386/3320 Chief executive officer's gender and firm performance in the JSE SRI firms Baloyi, S. L.; Ngwakwe, C. C. This paper evaluated the relationship between chief executive officers’ gender and firm performance. Therefore, the specific objectives of the paper were: 1) to evaluate the relationship between the CEO's gender and company turnover; 2) to assess the relationship, the CEO's gender and share price; 3) to examine the relationship between the CEO's gender and net profit. The paper applied the positivist research method, which is a quantitative approach as it sought to measure the relationship between variables. Secondary Data on CEO gender, turnover, share price and net profit were collected from the archives of integrated report of 16 JSE SRI Companies that had a complete disclosure of the research variables. The paper used the Chi-square statistics (Phi and Cramer’s V tests) to test the relationship between CEO gender, turnover, share price and net profit. Findings from the statistical results showed that the Phi and Cramer’s V test gave a P value greater than 0.05 (P>0.05), which shows that within the sample of companies, there is no significant relationship between CEO’s gender, net profit, share price and turnover. The research concludes and recommends that gender might not necessarily affect performance, at least within the sample of companies, therefore, there should be no gender discrimination on CEO’s position. Women should, therefore, receive support to assume the position of CEO. This finding provides an agenda for further research to use broader sample across industry sectors to examine this relationship further, as gender is an important component of sustainable development goals. Journal article published in Corporate Board: Role, Duties & Composition / Volume 13, Issue 1, Continued 1, 2017 2017-01-01T00:00:00Z http://hdl.handle.net/10386/3319 Women on the corporate board of directors and corporate sustainability disclosure Modiba, E. M.; Ngwakwe, C. C. This research examined whether an improved participation of women in the board of directors has any relationship with sustainability disclosure. Accordingly, the objective of this research was to examine the relationship between the number of women on the board of directors and social investment disclosure and energy disclosure in the sample of companies. The paper used a quantitative approach and data were collected from the archives of sustainability reports of five companies that formed the sample. The panel-data regression analysis was used in data arrangement. Five sample of companies over five years produced a (5 x 5) panel resulting in 25 observations. Data was tested at an alpha () of 0.05. Results from all the analysis showed a P value below the research alpha (P < 0,05) indicating a significant relationship. Therefore, findings from the panel-data regression analysis disclosed a positive relationship between the number of women on the board of directors and corporate disclosure on social investment and energy consumption. Further analysis also disclosed that women on the board of directors are related with the overall number of women employees in the company. The paper concludes that within the sample of companies, women on the board of directors may influence sustainability disclosure such as energy and social investment. Women on the board of directors might also assist the companies to achieve gender equity employment goals. The research recommends that given the unique social and environmental proclivity of women, the corporate should recruit more women in the boards to enhance accelerated corporate sustainability performance. Further research using expanded number of companies is recommended Journal article published in Corporate Board: Role, Duties & Composition / Volume 13, Issue 2, 2017 2017-01-01T00:00:00Z http://hdl.handle.net/10386/3318 Stock price fluctuations in periods of corporate acquisition and control : a new outlook for the board of directors Ngwakwe, C. C. This paper rummages the stock price fluctuations in periods of corporate acquisition and control. The paper became pertinent to provide information to the corporate board of directors and investors to improve decision making by understanding the inherent fluctuations and the concomitant uncertainties during periods of corporate acquisitions and control negotiations. The main aim of the paper is to examine if there is a significant difference in stock price fluctuation before and during periods of corporate acquisition. The methodological approach is quantitative and used the statistical T-test of difference in mean stock price differences before and during periods of SABMiller acquisition. It also applied the cointegration analysis to establish a correlation in stock price between the acquiring company and the company under acquisition. The analysis was tested at an alpha () of 0.05 and results from the statistical analysis disclosed a significant difference to the degree of P<0.001 on two-tailed significance test and showed that stock price fluctuation was higher during the acquisition period than before. Similarly, the cointegration test showed a significant correlation in stock price movement between the purchasing company and the company under acquisition at a P<0.001. The Granger causality test was applied to determine the direction of causality, and the analysis showed that the AB Inbev stock price trend influenced the stock price movement in SABMiller during the period of acquisition with a P=0.008. The paper concludes that at least within the case examination, the news of corporate acquisition may trigger investment uncertainties, which may reverberate on stock price fluctuations. The paper brings insight to the corporate board of directors toward improved negotiation of acquisition or merger prices and compensations given the price fluctuations that acquisition news may trigger on the merging companies’ stocks Journal article published in Corporate Board: Role, Duties & Composition / Volume 13, Issue 3, 2017 2017-01-01T00:00:00Z