The Role of Corporate Governance in the Financial Performance: A Case Study of Stanbic Bank Uganda-Kampala Head Office
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Date
2014-09
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Kampala International University, bachelors degree in business administration
Abstract
The purpose of the study was to establish the role of corporate governance 111 financial
performance of Stanbic bank basing on the following objectives, to establish the corporate
governance practices used in Stanbic bank to establish factors related to corporate
governance affecting financial performance of the bank and to establish the relationship
between corporate governance and financial performance of the bank.
A cross-sectional research design was used in the study. The sample was selected basing on
the Krejcia and Morgan (1970) assertion that, a sample size of 100 was used comprising of
25 management employees. Primary data was collected by the use of questionnaire and
secondary data was collected from text books, journals, and business publications. These
were being obtained from libraries and from the internet. Data collect from the primary
survey was complied, sort, edit, classified, coded into a coding sheet and analyzed using
SPSS. Descriptive statistics was used to describe the data.
finding reveal that Stanbic bank practices corporate governance. This is evidenced in the
principles of disclosure, trust and transparency which were found to highly consider and
implement. A significant relationship was found between corporate governance and financial
performance with a spearman's coefficient of 0.515 hence showing that corporate governance
has a positive impact on financial performance in Stanbic bank.
it was concluded that corporate governance practices of transparency, trust, and disclosure are
significant determinants of the level of financial performance in the banking sector.
it was recommended that the bank needs to maintain clear communication channels open to
all staff for easy access the disclose information not only by the staff also among the staff
themselves. The most affected information should be financial-wise. High level transparency
should be encouraged and promoted in the bank.
Description
A Research Project Submitted To The Department Of Business Administration In The College Of Economic And Management Science In Partial Fulfillment Of The Requirement For The Award Of Bachelor In Business Administration Of Kampala International University.
Keywords
Corporate Governance in the Financial Performance, Stanbic Bank Uganda