Annual Forum Papers

2007 - Annual Forum Papers (1)

  • Year 2007
  • Author(s) Stephan Malherbe;Nick Segal
  • Countries and Regions South Africa
By the late 1980s, many of South Africa's corporations were bloated, unfocused and run by entrenched and complacent managers. These firms were sustained and tolerated by a very different environment from that in advanced economies and capital markets. The mainstay of the South African environment was isolation. Tariffs and political…