Corporate Governance

Abstract

Since the advent of the SA community radio sector in the early 1990s, ongoing governance and management problems have been indicative of a chronic lack of corporate governance compliance. Despite numerous interventions by a range of service providers in the sector, including government’s efforts to make huge financial resources available through the Media Development and Diversity Agency (MDDA), the sector has been unable to find solutions. The purpose of this research was to investigate governance and management approaches in the community radio sector to identify shortcomings in terms of corporate governance compliance. The study also intended to establish key policy pointers the sector would need to review in order to effectively address corporate governance compliance. The research was restricted to key stakeholders with a minimum of five years of experience within the community radio sector. Members of the 2006/7 and 2007/8 NCRF Board of Directors also participated. Data collection methods consisted of face-to-face interviews and discussions, documents and observations. This report documents that corporate governance noncompliance remains a chronic failure in the sector. It concludes that deliberate interventions towards implementing a culture of corporate governance, by capacitating governance and management structures to operate effectively would be a solution