Investors around the world place emphasis on good corporate governance. This makes it imperative for the integration of good governance into corporate governance for sustainable development in Africa. There is a high mix of business with state politics in most African countries, whereby ownership is in most cases concentrated around top political elites. As a result, other stakeholders and minority shareholders often lack adequate institutional and legal protection, while managers are unable to fully exercise their mandate or do not bear the full costs of their actions. Also, even though corporations adopt international accounting standards, they hardly put them into practice breeding managerial deficiencies and abuse of discretion pervasive on the continent. Interpretivist or constructivist approach informed this study through a desktop research. An interrogation of the corporate governance principles in the public sector of selected countries in West Africa and Southern Africa was performed as prompted by the results of the various indices. Results reveal that ‘excessive’ political decisions are handed down to public officials as directives from political bigwigs. Good corporate governance must play a role in aligning the interests of politicians, bureaucrats and the electorate. An implementation framework is developed and recommended for sustainable development as the task ahead.

中文翻译：

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非洲公共部门促进可持续发展的公司治理：未来的任务

世界各地的投资者都强调良好的公司治理。因此，必须将善政纳入公司治理以促进非洲的可持续发展。在大多数非洲国家，商业活动与州政治有着高度的融合，所有权在大多数情况下都集中在顶级政治精英周围。结果，其他利益相关者和少数股东常常缺乏适当的机构和法律保护，而管理人员却无法充分行使其职责或承担全部行动成本。同样，即使公司采用国际会计准则，也几乎没有将其付诸实践，以滋生管理上的缺陷和滥用自由裁量权的现象。解释主义或建构主义方法通过桌面研究为这项研究提供了信息。根据各种指数的结果，对西非和南部非洲某些国家公共部门的公司治理原则进行了审问。结果表明，“过分”的政治决定是政治大佬们下达的命令，被下放给公职人员。良好的公司治理必须在协调政客，官僚和选民的利益方面发挥作用。制定了实施框架，并建议将其作为可持续发展的任务。结果表明，“过分”的政治决定是政治大佬们下达的命令，被下放给公职人员。良好的公司治理必须在协调政客，官僚和选民的利益方面发挥作用。制定了实施框架，并建议将其作为可持续发展的任务。结果表明，“过分”的政治决定是政治大佬们下达的命令，被下放给公职人员。良好的公司治理必须在协调政客，官僚和选民的利益方面发挥作用。制定了实施框架，并建议将其作为可持续发展的任务。