Corporate Governance, Operational Risk Management and Financial Performance of Northern Uganda Financial Institutions.
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Date
2021-12-08
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Makerere University Business School
Abstract
The study set out to examine effect of Corporate Governance, Operational Risk Management and Financial Performance of Northern Uganda Financial Institutions. The objective of this study is to: examine the relationship between corporate governance and financial performance of financial institutions; establish the relationship between operational risk management and financial performance and examine the relationship between corporate governance, operational risk management and financial performance of northern Uganda financial institutions.
The study used cross sectional design and data was collected from a sample size of 215 respondents ( unit of inquiry) of which 124 were managers and 186 operations officers from a total of 62 financial institutions as the unit of analysis. The data collection tools used was questionnaires and documentary search. Analysis was done using a statistical package for social scientists (SPSS V20) software. The results show that there exists significant relationship between corporate governance and financial performance. The study concluded that corporate governance and operational risk management are important as they can help the firms manage their short-term problems in critical areas like costing, expenditure and cash flow, by providing information to support monitoring and control. It was also noted that corporate governance and operational risk management help management to improve operations, market position, and competitive advantage of their activities in the industry.
The study recommends that management of financial institutions should embark on providing adequate information for proper accountability and higher chances of Financial Performance and favorable competition by employing skilled personnel who have the required competency to run financial activities of the institutions as discussed in details by different scholars in the literaturereview.
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This is a master's thesis
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Citation
Rwothomio, A. (2024). Corporate Governance, Operational Risk Management and Financial Performance of Northern Uganda Financial Institutions. Makerere University Business School.