Aspects Of Governance At Food Manufacturing Establishments In The Gaza Strip: Field Study

Abstract

The purpose of this research is to study the aspects of governance at main food manufacturing establishments in the Gaza Strip. The study was considered seven dimensions which include, 1) board membership, 2) management of board affairs, 3) polices and procedures, 4) performance measurement, 5) aspects of board meetings, 6) financial management and control and 7) relationship with the general director. The study population was incorporated all Gaza's main food manufacturing establishments which employ 20 persons or more. The number of these companies was 20 establishments. The research was used a stratified random sample. The sample size was 100 persons. The sample was selected from board members, owners\investors and general directors. A questionnaire was used as a main tool for data collection.

The main conclusion of the study is that the governance aspect of the main food manufacturing establishments in the Gaza Strip is poor. However, the aspects of financial management and control and the relationship with the general directors are acceptable but it needs further improvement. Large establishments tend to have relative better aspects of governance. They incline to be formal and with better human and financial capabilities.

Food manufacturing establishments need to give extra attention to their governance. The attention should be given to the overall dimensions of the governance including the development of policies and procedures, developing and balancing the relationship among business main stakeholders and financial management and control.