Corporatization of Professional Bodies: A Comparative Study of the Chartered Institute of Government Finance Audit and Risk Officers (CIGFARO) and Institute of Local Government Management (iLGM)
Abstract
Corporatization of professional bodies may be seen as a new phenomenon, but it has been a call since the 1980s when many professional bodies started experiencing decline. Although corporatization, as practice, is a private sector concept, applying it in the management and administration of professional bodies is likely to provide a better turn-around in how professional bodies are managed. Part of corporatization is having corporate governance structures including ethics codes which are meant to professionalize professional bodies. This study therefore compared the Chartered Institute of Government Finance Audit and Risk Officers (CIGFARO) and Institute of Local Government Management (iLGM) with a view to establish if they apply corporatization.
References
Bullock, A., Kavadella, A., Cowpe, J., Barnes, E., Quinn, B. & Murphy, D. (2020). ‘Tackling the challenge of the impact of continuing education: and evidence synthesis charting a global, cross-professional shift away from counting hours’, European Journal of Dental Education, pp. 1-14.
Engineering Council of South Africa (ECSA) (2016). Annual Report 2015/2016.
Friedman, A. L & Afitska, N. (2023). ‘Professional Bodies’, Journal of Professions and Organization, 10, 21-35.
Friedman, A. L. (2012). Continuing Professional Development: Lifelong Learning of Millions. Abingdon: Routledge.
Independent Regulatory Board for Auditors (IRBA)(2016). Annual Report 2015/2016.
Naidoo, S. & Rajcoomar, A. (2020). ‘Towards Management Excellence: The Case of South African Professional Bodies’, Journal of Industrial Engineering, 31(2), pp. 62-67.
Paisey, C. & Paisey, N. J. (2018). ‘Protecting the public interest? Continuing professional development policies and role-profession conflict in accountancy’, Critical Perspectives on Accounting, pp. 1-25.
Ramphal, R. & Rajcoomer, A. (2019). ‘A Framework of the Management of Professional Bodies in South Africa’, The Social Sciences, 14(1), pp. 29-38.
Science Council (2019). ‘Definition of Professional Bodies’, London.
South African Council for Natural Scientific Professions (SCANASP) (2016). Annual Report 2015/2016.
South African Qualifications Authority (SAQA) (2018). ‘Assessment of the Impact of the South African National Qualifications Framework.’
South African Qualifications Authority Act (2008). Government Printers: Pretoria.
Speight, J. G. (2014). The Chemistry and Technology of Petroleum, Boca Raton: CRC Press, Taylor & Francis Group.
Stoltz-Urban, C. &Govender, K. K. (2014). ‘The Role of Professional Associations in the South African Education and Training System’, Journal of Social Sciences, 41(2), pp. 201-208.
Tan, C. (2018). Comparing High-Performing Education Systems, London: Routledge.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Copyright for this article is retained by the author(s), with first publication rights granted to the journal. This is an open-access article distributed under the terms and conditions of the Creative Commons Attribution license (https://creativecommons.org/licenses/by-nc-nd/4.0/).
