| dc.description.abstract | The argument has been advanced time and time again that the governance structure of
any corporate entity affects the firm's ability to respond to external factors that have
some bearing on its performance. Corporate governance is a concept that involves
practices that entail the organization of management and control of companies. It reflects
the interaction among those persons and groups, which provide resources to the company
and contribute to its performance such as shareholders, employees, creditors, long-term
suppliers and subcontractors.
This study was designed with three main objectives: to highlight the extent that banks
listed in the NSE practice corporate governance; to identify the various corporate
governance activities commercial banks practice and to determine the factors that
influence corporate governance within the banking industry in Kenya.
A descriptive survey design was used for the study. The population of study comprised of
48 senior managers from commercial banks listed in NSE, that is, six (6) respondents
from each head office of the 8 banks. Primary data was collected using questionnaires,
which were filled in by the senior managers in these banks.
The data from the questionnaires on corporate governance practices was analysed using
descriptive statistics with the help of the Statistical Package for Social Sciences (SPSS).
Mean scores and percentages were used to interpret the data. The results were then
presented in tables and charts. The Corporate Governance Index (CGI) aims to measure
the price and return performances ofNSE-listed companies resulting from the assessment
of the company's compliance with the corporate governance principles as a whole. This
was computed based on the dimensions of corporate governance quality as stipulated by
the Capital Markets Authority (CMA) guidelines. | en_US |
