Corporate Governance in State Owned Enterprises: A Case Study of Namibia Housing Enterprises (Nhe)

Abstract

The issues of good corporate governance has emerged to be matters of serious concern in State-Owned Enterprises. So much scholarly articles have been published all over the world about good corporate governance, thus, guidelines, practice and principles. Namibian StateOwned Enterprises (SOEs) have been under criticism publicly over the poor governance in recent times. This report reviews the governance at one of Namibia’ State-OwnedEnterprises, NHE which was under public criticism over its governance recently. This paper seeks to understand the causes of poor governance in State Owned Enterprises in Namibia. The data used in this research paper is drawn from literature available and interview conduct with NHE employees on good governance. The findings of the research paper points out to inexperienced Board members, lack of transparency and openness, the size of the structures of the Board, imbalanced Board in terms of skills and knowledge, lack of diversity, size and Board compositions.