Corporate Governance On Performance Of SACCOs

The study on the effect of corporate governance on performance of SACCOs was based on the revelations that some cooperatives are ailing, while others are very vibrant and sustainable. Good corporate governance is now accepted as vital to achieving the Millennium Development Goals and as a pre-condition for sustainable economic growth. Corporate governance was operationalized by transparency and accountability, shareholder involvement, policies and guidelines, and rewards and incentives while performance of SACCOs was characterized by growth in share capital/deposits, growth in membership, growth in turnover, and customer satisfaction.

Autorentext

The author is a PhD. Student at Jomo Kenyatta University of Agriculture and Technology. He has a Masters Degree in Business Administration from Masinde Muliro University where he also obtained a Bachelor's Degree in Marketing. He has a wide experience in cooperative management having worked with the Department of Cooperatives-Government of Kenya.