... 2012 Corporate governance Ownership structure Financial performance Emerging markets Botswana Performance management The tenets of corporate governance and its augmented forms both in external and internal mechanisms are designed to protect shareholders as well as stakeholders...

...‐Moorsteen TFP index Performance management Table I shows that, as a whole, the industry's output‐oriented technical efficiency (OTE) improved over 2003‐2006, and worsened over 2006‐2008. The reduction of overall OTE after 2006 was mainly attributable to the performance of private banks...