INFLUENCE OF RISK GOVERNANCE ON PERFORMANCE OF DEPOSIT TAKING SACCOS IN KENYA

Abstract

The purpose of this study was to examine the influence of board governance on performance of
deposit taking SACCOs in Kenya. The contextual scope of this study was limited to the deposit
taking SACCOs in Kenya. The study is based on the Stewardship theory. A conceptual
framework is illustrated to show the relationship between the independent and dependent
variables. This study was anchored to a positivist paradigm as well as descriptive-correlationalcross-sectional research designs. The target population of the study was 350 CEOs and
chairpersons of the boards of the deposit taking Saccos in Kenya. The study used to select the
subjects of study. Explanatory research design was used for this study as it sought to determine
relationships between variables. The study used bivariate regression analysis to analyze the
association between board governance dimensions and performance of deposit taking Saccos.
The results revealed that board governance practices had a positive and significant relationship
with performance of deposit taking Saccos in Kenya. The results support the current theories
related to the study. Consequently, this study provides deposit taking Saccos on how to improve
performance of Saccos through the adoption of appropriate board governance practices.