ISSN: 2222-6990
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Board composition practices are essential for improvement of performance in public entities. The purpose of this study was to examine the influence of Board composition practices on Governance Performance public institutions in Rwanda. Board leadership practices has dominated the corporate governance performance agenda in developed market economies for more than a decade and the African continent is gradually adopting it in shaping the policy agenda of the leadership and governance of her organizations. The study adopted a descriptive and explorative design since its main purpose was to explain the of board leadership practices on governance performance in public institutions in Rwanda. The target population for the study was 378 managers from 10 public institutions in Rwanda. Stratified random sampling technique was used to get a sample of 195 respondents who were selected from the top management and middle managers staff. Data for the study was collected by use of questionnaires, interviews and observation using descriptive and inferential statistics to establish the relationship between the dependent and independent variables. It was expected that the results of the study would assist the top management of the institutions, as well as other stakeholders, to understand the effect of board leadership practices on governance performance in public institutions in Rwanda. Data collected was analyzed through SPSS version 21. Data analysis involved statistical computations for averages, percentages, and correlation and regression analysis. Ordinary least squares (OLS) regression method of analysis was adopted to determine the inferential statistics. Board composition practices had a positive relationship with corporate governance performance public institutions in Rwanda (r = 0.765, p< 0.001) at 0.05 level of significance. The analysis showed that Board composition practices had the strongest relationship with the corporate governance performance in public institutions in Rwanda since it had the highest positive coefficient of (r=0.765). The findings confirm that there is a statistically significant influence of Board composition practices and corporate governance performance in public institutions in Rwanda. The study concludes that board composition practices are effective in determining corporate governance performance in public institutions in Rwanda. The study examined the effect of board leadership practices on corporate governance performance in public institutions in Rwanda, the dependent variable corporate governance performance and the independent variable Board composition practices, there are other mediating or intervening factors that can affect corporate governance performance that could be researched further for example type of leadership. Therefore, future studies can introduce other moderating or an intervening variable in their models.
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In-Text Citation: (Vianney et al., 2020)
To Cite this Article: Vianney, U. J. M., Iravo, M. A., & Namusonge, G. (2020). Influence of Board Composition Practices on Corporate Governance Performance in Public Institutions in Rwanda. International Journal of Academic Research in Business and Social Sciences, 10(3), 386–395.
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