The Effect of Corporate Governance on the Success of Credit Guarantee Schemes in Kenya: A Case of African Guarantee Fund for Small and Medium-Sized Enterprises

Daystar University Repository

The Effect of Corporate Governance on the Success of Credit Guarantee Schemes in Kenya: A Case of African Guarantee Fund for Small and Medium-Sized Enterprises

Show full item record

Title: The Effect of Corporate Governance on the Success of Credit Guarantee Schemes in Kenya: A Case of African Guarantee Fund for Small and Medium-Sized Enterprises
Author: Obengele, Joshua O.
Abstract: Many different types of financial instruments have been developed globally to enable access to finance by Small and Medium Sized Enterprises in the form of credit guarantee schemes. However, a number of such schemes have been unsuccessful and have ended up collapsing or being wound up. A number of studies have concentrated on the design and many other technical aspects of the schemes as reasons for their failures. The purpose of this study was to establish the effect of corporate governance on the success of credit guarantee schemes in Kenya using AGF as a case. The research objectives were to identify key areas of corporate governance in AGF, to establish the effect of corporate governance on the success of credit guarantee schemes in Kenya, and to investigate challenges faced by credit guarantee schemes in embracing corporate governance for their success. Case study design was used in this study. The population for this study was 37, the entire staff at AGF; the sample size was 25 people. Purposive sampling was used in the selection of respondents and primary data was collected through questionnaires and interviews; secondary data was collected through document reviews. The data was analyzed using Statistical Package for the Social Sciences (SPSS) software version 20. Data presentation was done through frequencies, tables and figures. The findings of the study were that ownership structure played a critical corporate governance role at AGF; corporate governance has an effect in the sustainability of AGF; leadership and motivation are key influencers of corporate governance hence also influence the success of AGF; internal controls and operational structures as governance components have an effect on the success of AGF. The study recommends that AGF continues laying emphasis on corporate governance as key influencer of its success and be a role model to other credit guarantee schemes.
Description: Master of Business Administration in Strategic Management
URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3530
Date: 2016-06


Files in this item

Files Size Format View Description
The Effect of C ... dium-Sized Enterprises.pdf 311.3Kb PDF View/Open the School of Business and Economics

This item appears in the following Collection(s)

Show full item record