Multinational Research Society Publisher

MRS Journal of Accounting and Business Management

Issue-6(June), Volume-3 2026

1. FROM CRISIS TO REFORM: GOVERNANCE, CORRUPTION, AND DEMOCRATIC TRANSFOR...
2

Dr. John Motsamai Modise*
Tshwane University of Technology
1-19
https://doi.org/10.5281/zenodo.20566239

The purpose of this study is to critically examine the governance crisis, corruption dynamics, and democratic transformation challenges within the South African Police Service (SAPS) in the context of post-1994 reforms. It further analyses the implications of the Madlanga Commission of Inquiry (2025–2026) alongside other oversight mechanisms, including the Zondo Commission (2022), the National Development Plan (NDP 2030), and the National Anti-Corruption Strategy (2019–2030), in assessing the effectiveness of policing reform in South Africa. Despite extensive post-apartheid reforms aimed at transforming SAPS into a professional, accountable, and community-oriented institution, systemic corruption, political interference, and weak internal governance mechanisms continue to undermine institutional legitimacy, operational effectiveness, and public trust. The central problem is that SAPS has not successfully institutionalised democratic accountability and ethical governance, resulting in sustained corruption, vulnerability to organised criminal infiltration, and declining public confidence, as evidenced by findings from the Madlanga Commission, Zondo Commission, and IPID oversight reports. This study adopts a qualitative systematic document analysis approach. It draws on triangulated secondary data sources, including government policy frameworks (e.g., NDP 2030 and NACS), official commission reports (Zondo Commission and Madlanga Commission), Independent Police Investigative Directorate (IPID) annual reports, and credible international governance indices such as the World Bank Governance Indicators and Transparency International reports. The data were systematically analysed through thematic content analysis focusing on governance, corruption patterns, institutional accountability, and reform effectiveness within SAPS. The study reveals that corruption within SAPS is systemic rather than incidental, characterised by entrenched networks of misconduct, procurement irregularities, and infiltration by organised criminal groups. Oversight institutions such as IPID and parliamentary mechanisms face limitations in enforcement capacity, resulting in weak accountability outcomes. The findings further indicate a persistent gap between policy frameworks and implementation, where reform strategies such as the NDP 2030 and National Anti-Corruption Strategy have not fully translated into operational effectiveness. The Madlanga Commission reinforces these concerns by exposing prima facie evidence of governance failures, political interference, and compromised policing integrity. International comparative data further confirm that weakened rule of law and institutional corruption significantly erode public trust and legitimacy in law enforcement institutions. The study concludes that the South African Police Service is experiencing a deep-seated governance and legitimacy crisis driven by systemic corruption, weak institutional accountability, and implementation failures in reform policies. While comprehensive policy frameworks exist, their impact is undermined by structural weaknesses in leadership, oversight coordination, and ethical enforcement. The Madlanga Commission highlights the urgency of transitioning from policy reform to enforceable institutional transformation, requiring strengthened oversight mechanisms, depoliticisation of policing structures, and enhanced integrity systems. Without decisive reform, SAPS risks continued erosion of public trust and democratic legitimacy, thereby undermining the broader criminal justice system and democratic consolidation in South Africa.

2. Source of Financing and Performance of Vocational Institutions in Bush...
2

Tumuhairwe Godwin*, Mwesigye A...
Bishop Stuart University, P.O. Box 9, Mbarara, Uganda
20-25
https://doi.org/10.5281/zenodo.20677075

The logical study examined the relationship between Source of Financing and Performance of Vocational Institutions in Bushenyi District in western Uganda. The research study employed a cross-sectional and descriptive research design with both Quantitative and qualitative approaches. The academics used systematic sampling, purposive and stratified random sampling strategies to choose the participants for the research project. A sample of 304 participants was selected from 4500 people by means of a table developed by Morgan & Kreijcie (1970). Data was collected using questionnaires and analyzed by utilizing Descriptive statistics such as Frequencies, Percentages, Means and Standard Deviation and Inferential Analysis such as Pearson linear correlation coefficient (PLCC) and Regression analysis for quantitative data analysis. The analysis for qualitative data was done using Systematic thematic analysis .The study results revealed that there was a significant correlation between Source of Financing and Performance of Vocational Institutions in Bushenyi District in western Uganda. The study concluded that Private funds have transformed empty workshops into vibrant learning spaces, enabled the recruitment of experienced instructors from industry, provided the consumable materials essential for hands-on skills development, and funded outreach programs that bring training to remote communities. From the study findings, the Academics recommended that there is need for Governments in the cosmos to strengthen scholarship and bursary schemes targeting students from poor households.. Government must ensure that these schemes are adequately funded, transparently administered and actively promulgated in rural and urban communities targeting the poor students in general.

3. Digital Investment Platforms and Wealth Maximization through Mutual Fu...
1

Mrs. Priyanka Vishal Kurle* &...
Assistant Professor, Department of Management Studies, Hirachand Nemchand College of Commerce, Solapur
26-30
https://doi.org/10.5281/zenodo.20677737

The rapid proliferation of digital investment platforms has fundamentally transformed the landscape of personal finance, enabling young investors to participate in capital markets with unprecedented ease and affordability. This paper examines the relationship between digital investment platforms and wealth maximization through mutual funds among young investors in India, with a specific focus on investors aged 18–35. India's growing digitally-savvy youth population presents a compelling opportunity for inclusive financial market participation; however, behavioural biases, financial literacy deficits, and platform trust concerns continue to limit optimal investment outcomes. Drawing exclusively on secondary data sources including SEBI reports, AMFI data, academic literature, and national financial inclusion surveys, this study analyses platform adoption patterns, mutual fund investment behaviour, and wealth creation potential among young investors. The findings reveal that while digital platforms have significantly lowered entry barriers, sustained wealth maximization requires improved financial literacy, goal-based investment strategies, and stronger regulatory safeguards. The study recommends integrated policy interventions combining investor education, platform transparency, and fintech innovation to harness the full wealth-building potential of young India's investment capacity.

4. Digital Economy: A New Engine of Vietnam's Economic Growth in the Digi...
4

Pham Thi Hai Yen*
Faculty of Foundation Reasoning - Ho Chi Minh City Cadre Academy (HCA)
31-35
https://doi.org/10.5281/zenodo.20677902

Against the backdrop of profound global digital transformation, the digital economy is emerging as a novel engine driving economic growth and bolstering national competitiveness. This study aims to elucidate the role of the digital economy in Vietnam's economic growth within the digital era, while simultaneously analyzing the critical prerequisites required to translate technological potential into substantive and sustainable developmental momentum. Utilizing a qualitative methodology, this research conducts documentary analysis, synthesis, and interpretation of secondary data derived from the guidelines and policies of the Party and State, reports from international organizations, statistical data, and domestic and foreign scholarly works published between 2020 and 2025. The analytical findings indicate that the digital economy is fundamentally altering the nature of growth determinants, transitioning from a model reliant on capital, natural resources, and low-cost labor to one driven by knowledge, data, and innovation. Furthermore, the study affirms that a digital institutional framework serves as a vital prerequisite, while digital human capital acts as the decisive factor governing the transmissibility of technology into sustainable economic growth. Based on these insights, several policy implications are proposed to effectively leverage the role of the digital economy for Vietnam's economic growth in the current period.