Abstract :

The goal of this study was to evaluate the effect of corporate governance on the performance of SACCOs, in Rukiga District. SACCO governance was a predictor variable and performance of SACCOs was the study’s outcome variables. A cross-sectional survey was the precursor to the study. Quantitative and qualitative analysis were combined with the collection and analysis of data from 109 respondents. Descriptive, bivariate, and multivariate analyses were used in the analysis, which was done on three different levels. Frequency tables were employed to portray the data as descriptive analysis required presentation of a single variable and its characteristics. A Pearson correlation matrix was used to determine the correlations between the predictor factors and the dependent variable at the bivariate level. The modified predictor variables for corporate governance were regressed against the dependent variable at the multivariate level (performance of SACCOs). To fit the data, a linear regression model was employed. Corporate governance (coef. = 0. 532) has a positive influence on the performance of SACCO in Rukiga District, according to research results from the regression model. The key finding of this study is that corporate governance significantly affects SACCOS performance. The study therefore suggests that in order to ensure the sustainability of SACCO performance in Rubanda District, greater emphasis should be placed on implementing corporate governance.

---

Keywords :

Corporate Governance, Performance and SACCO

---

References :

1. Abdulai, RA, Ogunsanwo, OF&, Adeleke, KO, (2020). Effects of corporate governance and credit policies on delinquency management of microfinance banks in Nigeria. … Academic Journal of …, iajournals.org
2. Ackon, AA (2021). Corporate Governance and Financial Performance of Credit Unions in the Central Region of Ghana., ir.ucc.edu.gh
3. Agaba M& Turyasingura J.B (2022) Effects of Management Factors on Project Implementation in Government Aided Secondary Schools in Kabale District, Uganda. Journal of Research in Business and Management Volume 10 ~ Issue 4 (2022) pp: 66-73
4. Agaba M, & Turyasingura JB (2022). The Effects of Accountability on Business Performance in Selected Commercial Banks in Kabale Municipality, Uganda
5. Agaba M, & Turyasingura, J, B, (2022). An Assessment of the Accounting Techniques on Business Performance in Selected Commercial Banks in Kabale Municipality, Uganda. International Journal of Academic Accounting, Finance & Management Research (IJAAFMR) ISSN: 2643-976X Vol. 6 Issue 9, September – 2022, Pages: 28-37
6. Agaba M, Turyasingura J, B & Kyabalongo B, (2022) Employee Rewards Management and the Performance of Small-Scale Enterprises in Uganda, a Case of Ntungamo Municipality
7. Ahmed, AF, & Rugami, M (2019). Corporate governance and performance of savings and credit cooperative societies in Kilifi County, Kenya. International Academic Journal of …, ir-library.ku.ac.ke
8. Ali, DA, Letting, NK, & Cheluget, J (2020). The Relationship between Corporate Governance and Performance of Pension Fund Managers in Kenya. Journal of Human Resource & …, stratfordjournals.org
9. Ben, O (2020). Scaling The Heights Of Corporate Governance In The Sacco Societies In Kenya., scholar.archive.org
10. Chesire, zc (2021). Corporate governance practices and performance of deposit taking savings and credit co-operative societies in nairobi …., ir-library.ku.ac.ke
11. Chesire, ZC, & Kinyua, G (2019) Relationship between Board Size and Performance of Deposit Taking Saccos in Nairobi City County, Kenya. com
12. Emmanuel, NN (2021). Influence of Corporate Governance Factors On Financial Performance of Dairy Co-Operative Societies in Meru County-Kenya., repository.cuk.ac.ke
13. Esokomi, E, & Otuya, W (2020). Financial Re-Engineering and Financial Performance of Saccos. International Journal of Finance and Accounting, iprjb.org
14. Eticha, BB, & Abebe, W (2020). The effect of corporate governance on saving and credit cooperative unions financial sustainability; The case oromia national regional state of ethiopia., indianjournals.com
15. Gitonga, E, & Miano, A (2020). The Effect of Corporate Governance Practices on Performance of Deposit Taking Savings and Credit Cooperative Societies in Kiambu County, Kenya. International Journal of Business …, journals.ijcab.org
16. Grace, K, Vincent, M, & Evans, A (2018). Corporate governance and performance of financial institutions in Kenya. Academy of Strategic …, search.proquest.com
17. Ingow, AU, & Oluoch, O (2020). Effect of Corporate Restructuring on the Financial Performance of SACCOs in Kenya. International Journal of Recent …, paperpublications.org
18. Joseph, N &Gategwa (2020). Corporate Governance and Financial Performance of Savings and Credit Cooperative Societies in Embu County., repository.embuni.ac.ke
19. Kahoro, MW (2018). The Effect of Corporate Governance Practices on Strategy Implementation in Deposit Taking Saccos in Nairobi City County, Kenya., erepository.uonbi.ac.ke
20. Kamau, J (2019). The effect of corporate governance on the financial performance of SACCOs regulated by SASRA.
21. Kanyi, AM, Maina, KE, & Kariuki, S (2018). Corporate governance and financial performance of savings and credit co-operatives in Embu County, Kenya. International Journal of Finance …, academia.edu
22. Kenani, IM, & Bett, S (2018). Corporate governance and performance of savings and credit cooperative societies in Kisii county, Kenya. … Academic Journal of Human Resource and …, iajournals.org
23. Kibue, VMW, & Mang’ana, R (2022). Influence of corporate governance practices on performance of savings and credit cooperative societies in the central region of Kenya. … Journal of Human Resource and Business …, iajournals.org
24. Kinyuira, DK (2019). Social performance rating in co-operatives. Corporate Governance and Sustainability Review, researchgate.net
25. KIPKEMOI, SK (2022). Corporate Governance And Financial Performance Of Deposit-Takingsavings And Credit Cooperative Societies In Kericho …., ir-library.ku.ac.ke
26. Limo, VK (2018). Financial Reporting Practices And financial Performance Of SACCOS In Uasin Gishu County, Kenya., erepository.uonbi.ac.ke
27. Matee, L (2019). Corporate Governance Practices And Performance Of Kikima Dairy Co-Operative Society., 41.89.51.173
28. Mathew, KK (2019). Effect of internal control system on financial performance of saccos in kenya: A case of tharaka nithi county. Journal Homepage: http://ijmr. net. in, academia.edu
29. Mbiriti, DM (2020). Corporate Governance And Performance Of Selected Savings And Credit Cooperative Societies In Nairobi County, Kenya., ir-library.ku.ac.ke
30. Moses, D Ondari, Nyangau, A, & Chesoli, JW (2019). An Assessment of the Influence of Corporate Governance Principles on Growth of Savings and Credit Co-Operative Societies in KISII County, Kenya. Global Journal of Management And …
31. Muhanguzi, KB (2019). An empirical test of the agency theory in corporate governance of Saccos in Uganda. Available at SSRN 3454396, papers.ssrn.com
32. Muiru, AM, Kyongo, JK, & Onchomba, M (2018). Corporate governance and performance of savings and credit co-operative societies in selected private Universities in Nairobi County, Kenya., repository.daystar.ac.ke
33. Munga, JG (2018). Corporate Governance and Financial Performance of Insurance Firms in Kenya. An Unpublished Thesis Submitted to The School of …, ir-library.ku.ac.ke
34. Munyasia, GW (2018). Assessment of Corporate Governance on Performance of Savings and Credit Cooperative Societies in Kakamega County. International Journal of Advances in …, kibanresearchpublications.com
35. Musau, FM (2020). Effect Of Corporate Governance On Financial Performance Of Savings And Credit Cooperatives In Nairobi County., repository.kcau.ac.ke
36. Muthee, LW, & Theuri, JM (2021). Corporate governance and financial performance of deposit taking Sacco’s in Nakuru County, Kenya. … Academic Journal of Economics and Finance …, iajournals.org
37. Mutua, JN, & Murigi, E (2019). Corporate growth strategies on performance of SACCOs in Kitui County, Kenya. … Academic Journal of Human Resource and …, ir-library.ku.ac.ke
38. Mwendia, R (2018). Corporate Governance Practices and Financial Performance on Deposit-Taking Savings and Credit Co-Operatives in Nairobi City County, Kenya. Kenyatta University, Nairobi, Kenya, ir-library.ku.ac.ke
39. Namuli, A (2019). Corporate governance and financial sustainability of savings and credit cooperatives (saccos) in Uganda: a case of the hunger project saccos.., kyuspace.kyu.ac.ug
40. Ncurai, D, & Rambo, MOC (2022). Influence of Corporate Governance on Performance of Deposit Taking Saccos in Kenya., researchgate.net
41. Ncurai, DM, & Ng’ong’a, AE Moderating effect of innovation on corporate governance and performance of deposit taking saccos in Kenya. net
42. Ndung’u, EG, & Mutinda, J (2022). Corporate growth strategies and financial performance of deposit-taking savings and credit co-operative societies in Nairobi City County, Kenya. … Academic Journal of Economics and Finance …, iajournals.org
43. Ngeno, J, Naibei, IK, & Langat, P (2021). Does Corporate Governance affect Earnings Management? A case study of Deposit Taking Saccos in South Rift Region, Kenya., 197.136.17.126
44. Nguta, MH, & Ndegwa, J (2021). The mediating effect of firm revenue on the relationship between board characteristics on financial distress of deposit taking saccos in Nairobi County, Kenya., repository.kemu.ac.ke
45. Njeru, NW (2018). Influence of internal control systems on financial performance of Saccos in Kirinyaga county, Kenya., erepository.uonbi.ac.ke
46. Njeru, ZG (2021). Projects governance and performance of deposit-taking savings and credit cooperatives in meru county, kenya., ir-library.ku.ac.ke
47. Njuguna, CN (2021). Corporate governance and financial performance of licensed deposit-taking saccos in kiambu county, kenya., ir-library.ku.ac.ke
48. Nyaata, RN (2020). Effect of Corporate Governance on Efficiency of Deposit Taking Savings and Credit Cooperative Societies in Nairobi County, Kenya., erepository.uonbi.ac.ke
49. Turyasingura JB&. Agaba Moses (2022), Socio-Economic Factors and Project Implementation in Government Aided Secondary Schools in Kabale District Uganda American Journal of Humanities and Social Sciences Research (AJHSSR)
50. Turyasingura JB, Agaba M, Orach-Meza FI, Zombire R, Kyabarongo B. (2022). Resourcing and the sustainability of Donor funded Potatoes Projects in Kabale District, Southwestern Uganda. Special Journal of Politics and Economic Sustainability 2022, 2(2): 1-17
51. Turyasingura JB, Agaba M, Orach-Meza FL & Regis Zombeire R. (2021) Project Design Implementation and Sustainability of Donor Funded Potato Projects in Kabale District South Western Uganda. Special Journal of Politics and Economic Sustainability 2021, 2 (1): 1-13
52. Turyasingura JB, Moses, M, Orach-Meza FI, Zombire2 R, Kyabarongo B (2022). Project Monitoring and Evaluation in the Sustainability of Donor-Funded Potato Projects in Kabale District, Uganda. American Journal of Humanities and Social Sciences Research (AJHSSR) e-ISSN :2378-703X Volume-6, Issue-3, pp-115-122