Corporate Governance and Performance of Selected Savings and Credit Co-operative Society in Nairobi County, Kenya

Akinyi Tabitha Lennah and Shadrack Bett
Additional contact information
Akinyi Tabitha Lennah: Business Administration Department, School of Business, Economics and Tourism, Kenyatta University, P. O. Box-43844-00100, Nairobi, Kenya.
Shadrack Bett: Business Administration Department, School of Business, Economics and Tourism, Kenyatta University, P. O. Box-43844-00100, Nairobi, Kenya.

Post-Print from HAL

Abstract: The study examined the effect of corporate governance on the performance of SACCO in Nairobi County, Kenya. Specifically, the study investigated the effect of board independence, board composition, ethical considerations and board policies/procedures on the performance of SACCO in Nairobi County, Kenya. Three theories (stakeholders' theory, agency theory and balance scorecard) were used to underpin the study. The study had a population target of 6 DT SACCOs with senior management as respondents. Purposive sampling was used to identify respondents due to their level of information needed in the study. The outcomes of the study revealed that board independence has positive and significant effect on selected SACCOs' performance; Board composition has positive and significant effect on selected SACCOs' performance; ethical consideration has positive and significant effect on selected SACCOs' performance; and board policy/procedure has positive and significant effect on selected SACCOs' performance in Nairobi City County, Kenya. The study suggests that SACCOs' management should ensure that high degree of freedom be accorded to the board members which allow them to freely engage in proper decision-making process. The management of the SACCOs should implement policies that would discourage gender disparity amongst board members. This would ensure integration of ideas across both gender thereby fusing ideas that would optimal the performance of the SACCOs.

Date: 2023-01-28
References: Add references at CitEc
Citations:

Published in Asian Journal of Economics, Finance and Management , 2023, 5 (1), pp.40-50

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05132188

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().