Board Composition and Financial Performance among Private Limited Companies in Uganda

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dc.contributor.authorNsambu, Kijjambu Fredrick
dc.contributor.authorRwakihembo, John
dc.contributor.authorKamukama, Nixon
dc.date.accessioned2022-05-02T18:01:37Z
dc.date.available2022-05-02T18:01:37Z
dc.date.issued2020
dc.description.abstractThe study aimed at examining the relationship between board composition and financial performance of private limited companies in Uganda. Methodology: A positivist approach and a cross-sectional research design were employed to collect data from 394 companies in Central and Western Uganda. An open-ended questionnaire was used to collect data from board members and executives from companies. Pearson correlation and standard linear regression were employed for data analysis. Findings: Results indicate a positive relationship between non-executive directors on the Board and the financial performance of private companies. Unique Contribution to practice and policy: Private Limited Companies in Uganda will attain the much-desired insights in the context of how board composition links with their financial performance. The study recommends the management`s careful consideration of long survival prospects as well as the formulation of appropriate policies and survival strategies that oversee long existence to guarantee benefits and optimal performance coupled with profitability that emanate from a well-composed board. Study Limitation: The study was limited to only board composition, leaving out other board characteristics that influence financial performance. Besides, it was only positivistic hence subject to methods bias that could have affected the validity of results.en_US
dc.identifier.citationJohn, R., Kamukama, P., Fredrick, D., & Kijjambu, N. (2020). Board composition and financial performance among private limited companies in Uganda. American Journal of Leadership and Governanceen_US
dc.identifier.issn2519-0857 (online)
dc.identifier.urihttps://nru.uncst.go.ug/handle/123456789/3133
dc.language.isoenen_US
dc.publisherAmerican Journal of Leadership and Governanceen_US
dc.subjectBoard Compositionen_US
dc.subjectFinancial Performanceen_US
dc.subjectPrivate Limited Companiesen_US
dc.titleBoard Composition and Financial Performance among Private Limited Companies in Ugandaen_US
dc.typeArticleen_US
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