Faculty of Economics and Management Sciences (FEMS)

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http://hdl.handle.net/20.500.12493/315

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Browsing Faculty of Economics and Management Sciences (FEMS) by Author "Agaba, Moses"

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    Effect of Board Accountability on Financial Performance of Selected SACCOs in Kiruhura District, Uganda.
    (Kabale University, 2024) Kyabarongo, Benon; Agaba, Moses; Byamukama, Eliab Mpora; Sunday, Arthur; Sekiwu, Denis
    Board accountability and Financial Performance are significant concepts among SACCOs in Uganda due to their involvement in the financial intermediation process. In spite of the several interventions by Bank Uganda, a number of banks and other financial institutions have failed to operate forcing the regulators to intervene to ensure sanity in the financial system. The purpose of this study was to investigate the effect of corporate governance on the financial performance of SACCOs in Kiruhura District, Uganda and the specific objective was; To examine the effect of board accountability on the financial performance of selected SACCOs in Kiruhura District, In this study, a cross-sectional survey research design was employed, adopting quantitative and qualitative approaches research approaches. A total population of 342 people was used at a confidence level of 95% or an error of 0.05 and the sample size was 184 respondents who involved the staff and members taken from the six SACCOs registered in Kiruhura district, Uganda as of January 2023. The obtained data for analysis was divided into two phases. First, descriptive statistics on the respondents and the preliminary data analysis were performed using SPSS version 20.0. These statistics included multicollinearity, mean and standard deviation, outliers and extreme values, and missing values in the second phase, the structural relationships between the variables in the suggested conceptual model were tested and examined using structural equation modeling (SEM). Jaffrey’s Amazing Statistical Program (JASP) version 0.17.2.0 was used to implement SEM. The findings of the study were: The effect of board accountability (BAC) on financial performance was found to have a negative effect ( = -0.908), implying that the data failed to support the direct relationship between BAC and FiP, thus not supporting H01, Therefore the study concludes that SACCOS will do less well financially the more its board assumes accountability for the company's decisions and communicates them openly to stakeholders. The study recommends that the board of directors should be more effective in ensuring that they communicate the decisions clearly and appropriately so that SACCO maximizes shareholders' wealth. SACCOs should seek the best strategies for communicating and sharing accountability feedback with SACCO members to generate maximum benefits for everyone
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    ItemOpen Access
    Effect of Board Accountability on Financial Performance of Selected SACCOs in Kiruhura District, Uganda.
    (Kabale University, 2024) Kyabarongo, Benon; Agaba, Moses; Byamukama, Eliab Mpora; Sunday, Arthur; Sekiwu, Denis
    Board accountability and Financial Performance are significant concepts among SACCOs in Uganda due to their involvement in the financial intermediation process. In spite of the several interventions by Bank Uganda, a number of banks and other financial institutions have failed to operate forcing the regulators to intervene to ensure sanity in the financial system. The purpose of this study was to investigate the effect of corporate governance on the financial performance of SACCOs in Kiruhura District, Uganda and the specific objective was; To examine the effect of board accountability on the financial performance of selected SACCOs in Kiruhura District, In this study, a cross-sectional survey research design was employed, adopting quantitative and qualitative approaches research approaches. A total population of 342 people was used at a confidence level of 95% or an error of 0.05 and the sample size was 184 respondents who involved the staff and members taken from the six SACCOs registered in Kiruhura district, Uganda as of January 2023. The obtained data for analysis was divided into two phases. First, descriptive statistics on the respondents and the preliminary data analysis were performed using SPSS version 20.0. These statistics included multicollinearity, mean and standard deviation, outliers and extreme values, and missing values and in the second phase, the structural relationships between the variables in the suggested conceptual model were tested and examined using structural equation modeling (SEM). Jaffrey’s Amazing Statistical Program (JASP) version 0.17.2.0 was used to implement SEM. The findings of the study were: The effect of board accountability (BAC) on financial performance was found to have a negative effect ( = -0.908), implying that the data failed to support the direct relationship between BAC and FiP, thus not supporting H01, Therefore the study concludes that SACCOS will do less well financially the more stakeholders. The study recommends that the board of directors should be more effective in ensuring that they communicate the decisions clearly and appropriately so that SACCO maximizes shareholders' wealth. SACCO should seek the best strategies for communicating and sharing accountability feedback with SACCO members to generate maximum benefits for everyone
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    Financial Accountability and Service Delivery In Kabale District Uganda.
    (Kabale University, 2024) Biryomumisho, Fadison; Turyasingura, John Bosco; Agaba, Moses; Kabagambe, Jess Davi
    This research was conducted in Kabale District Local Government to examine the effect of financial accountability on service delivery. The predictor variables under study were funds disbursement, auditing process, and record-keeping systems, while service delivery was the outcome variable. The study followed a cross-sectional survey. Data from 86 respondents was collected and analyzed quantitatively, complemented with qualitative analysis. Since descriptive analysis entailed a description of a single variable and its attributes, frequency tables were used to present the data. At the bivariate level, a Pearson correlation matrix was conducted to ascertain the relationships between the predictor variables and the dependent variable. A linear regression model was used to fit the data. Research findings from the regression model show that funds disbursement(R=862), Auditing process (R=656 and records-keeping systems(R=899) have a positive significance on the service delivery of Kabale District local government. The main conclusion drawn from this research is that funds disbursement, auditing process, and record-keeping systems have a significant effect on service delivery. The study therefore recommends that there is a need to put more effort into funds disbursement, auditing process, and record-keeping systems for determinations of making service delivery sustainable at Kabale District Local Government.
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    Opportunity Recognition Competence of Women Entrepreneurs and Its Effect on Performance of Women Owned Enterprises in Uganda.
    (Kabale University, 2024) Murezi, Caroline Masiko; Agaba, Moses; Kikawa, Richard Cliff; Kaaya, Siraje
    In Uganda, women have found alternative forms of employment through entrepreneurship, though research indicates that males tend to dominate in the field of entrepreneurship. However, women can succeed in entrepreneurship if they have the right information, abilities, resources, and encouragement. This study sought to provide deeper insights on opportunity recognition as a competence that influences the performance of female-led/owned enterprises. It concentrates on women’s ability to recognize entrepreneurial opportunities, and how this impact on the performance of women-owned/led enterprises. This study presented a conceptual model predicting the performance of women entrepreneurs, building on the body of literature already available in the fields of women entrepreneurship, and opportunity recognition of women entrepreneurs. The article concluded with significant theoretical and practical research implications and offers avenues for future research.
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    The Effect of Board Risk Management on Financial Performance of Selected Saccos in Kiruhura District, Uganda.
    (Kabale University, 2024) Kyabarong, Benon; Agaba, Moses; Munyabonera, Francisis; Byamukama, Eliab Mpora; Kikawa, Cliff; Ahabwe, Oliver
    Corporate risk management and important ideas among Sacco’s in Uganda are board risk management and financial performance. The study's general objective was to determine the effect of board risk management affected the financial results of particular SACCOS in the Kiruhura District. This study used a cross-sectional survey research design using a quantitative research methodology. The sample size consisted of 184 respondents, staff, and members from the six Sacco’s registered in the Kiruhura area of Uganda as of January 2023. A total population of 342 persons was used at a confidence level of 95% or an error of 0.05. Two stages separated the data that was collected for analysis. First, SPSS version 20.0 was used to conduct the preliminary data analysis and descriptive statistics on the respondents. In the second phase, structural equation modeling (SEM) was used to evaluate and investigate the structural relationships between the variables in the proposed conceptual model. These statistics included multicollinearity, mean and standard deviation, outliers and extreme values, and missing data. SEM was implemented using Jaffrey's Amazing Statistical Program (JASP) version 0.17.2.0. The study's conclusions were: The financial performance of savings and credit co-operative societies (Sacco’s) in Uganda was found to be significantly positively impacted by board risk management (BRM) (=1.322**), boosting Ha, The study concludes that SACCOs would experience greater financial gains or better financial performance if they are more stringent about the processes they follow to review their risk profile and the policies they put in place. The study recommends that; Sacco’s risk management committees of the board should be very effective in influencing the corporate risk management practices adopted within the SACCOs and that SACCOs should improve on the levels of BRM to achieve favorable financial results by applying careful attention to governmental regulations, rules and policies.