School of Business & Public Management

Permanent URI for this collectionhttps://repository.kcau.ac.ke/handle/123456789/43

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Subject: search.filters.subject.corporate governance

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    Corporate Governance and Organizational Performance: Evidence from Emerging Economies in Africa
    (African Journal of Management Research, 2026-07-20) Fredrick Kariithi Githui; Fredrick Kariithi Githui
    The study investigates the corporate governance practices-organizational performance nexus in frontier African economies within a multi-country context to fill literature gaps in African contexts. Quantitative panel data analysis is used on secondary data of 120 Kenyan, Nigerian, Ghanaian, and South African listed firms from the period 2013 to 2023. Fixed-effects regression is used in modeling the governance mechanism-firm performance nexus. Findings show that board independence and audit effectiveness are positively linked with return on assets (ROA) and return on equity (ROE). CEO duality and concentrated ownership negatively influence financial performance and firm reputation. These relationships vary across countries depending on institutional framework quality. Innovation is captured by an index of R&D intensity, product development, and patent applications, addressing measurement limitations in prior studies. The shortcoming is country heterogeneity in data quality and further longitudinal analysis to be done. This article bridges a regional knowledge shortfall by giving comparative African data-based observations, and integrating agency and stakeholder theories with a cohesive analytical framework.
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    Key drivers of public sector audit effectiveness in Kenya and lessons for developing economies.
    (IISTE, 2024) Ondabu, Ibrahim Tirimba.; Kanini, Joyce Mueni.; Njuguna, Peter.; Kithuka, Geoffrey.
    This study explores the key factors influencing the effectiveness of public sector audits (PSA) within Kenya's national government and affiliated entities. Focusing on the role of institutional corporate governance, professional and technical competence, resource availability, and internal control processes, this research analyzes data from the Office of the Auditor General's 2021/2022 audit reports. Using a descriptive design and content analysis, 43 financial statements were examined to assess how these determinants impact audit outcomes. Findings indicate that professional and technical competence has the most significant positive impact on PSA effectiveness, followed by strong corporate governance and robust internal controls. Interestingly, resource availability showed a negative correlation, suggesting that merely increasing resources without strategic allocation may not enhance audit performance. These insights highlight the need for targeted training and improved governance structures to strengthen Kenya's audit capabilities and enhance public accountability.