@inproceedings{3cd522b7d7534d0b87b035481307a80d,
title = "An Expert Evaluated Nomination Process for the Board of Directors in South Africa{\textquoteright}s State-Owned Companies",
abstract = "The primary challenge facing most of the South Africa{\textquoteright}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{\textquoteright}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, Competencies and qualities, Corporate governance, Nomination process, Non-executive directors, State-Owned Companies",
author = "Hlobo Modi and Moloi Tankiso and Marx Ben",
note = "Publisher Copyright: {\textcopyright} The Author(s), under exclusive license to Springer Nature Switzerland AG 2025.; 5th International Conference of Accounting and Business, iCAB 2024 ; Conference date: 27-06-2024 Through 28-06-2024",
year = "2025",
doi = "10.1007/978-3-031-84885-8\_1",
language = "English",
isbn = "9783031848841",
series = "Springer Proceedings in Business and Economics",
publisher = "Springer Nature",
pages = "1--18",
editor = "Tankiso Moloi",
booktitle = "Impacting Society Positively Through Technology in Accounting and Business Processes - Proceedings of the 5th International Conference of Accounting and Business, iCAB 2024",
address = "United States",
}