Influence of corporate governance best practices on performance of non governmental organizations’ projects in kenya: a case of Women Education Researchers Of Kenya

Abstract

In the context of this study, corporate governance reflects the interaction among different players and stakeholders who contribute to performance of organizations such as members, employees, management teams, board and partners. In the last decade no particular study has focused on the Influence of Corporate Governance Best Practices on Performance of NGO Projects in Kenya. It is in light of this that this study aimed to fill this knowledge gap. By highlighting successes and challenges of corporate governance best practices on performance of NGO projects, the study findings will help policy makers, regulatory authorities and leadership of NGOs to benchmark and make informed management decisions. Informed by the systems theory or systems approach to management, the study employed a survey technique (using both analytical and descriptive tools), a design considered appropriate to investigate the influence of Corporate Governance Best Practices on Performance of NGOs. Using this technique the researcher was able to study the entire population since it was small and manageable. The study targeted a total population of 84 respondents (09 board, 14 staff and 61 members). The study questionnaires were distributed to selected staff and members within Nairobi County, while the key informant interview guide was used to gather crucial information from top management (chief executive officer & board).Document analysis template was designed to guide review of relevant literature and study of critical reports and policies. A group of 8 individuals spread across the target population were selected to participate in the pilot to test the reliability of the research instruments, mainly the questionnaire. Data analysis was descriptive in nature and took the form of frequencies, percentages and mean, as demonstrated in chapter four. In terms of findings the study confirmed that functions of the board and those of senior management are clearly spelt-out leading to increased effectiveness; annual staff appraisal and measurable performance targets were the most commonly used to evaluate performance of employees; because of strong policies, compliance and oversight the NGO project has been able to maintain high integrity and ethical business practices; from the study it was also clear that the NGO project under study has deployed effective risk management strategies. Key recommendations include; - for increased performance the board should have more robust and structured engagement with key stakeholders; NGOs should consider developing a more integrated appraisal system and come up with a clear performance management framework; there is also need for inbuilt mechanisms for monitoring compliance, undertaking risk analysis, receiving feedback and having discussions on emerging issues around ethics & integrity.