The role of corporate governance on organizational performance; Case study: Interlink Insurance Company Limited

Abstract

This study examined the role of corporate governance and organizational performance in Uganda. The study is guided by three objectives which include; examining the role of accountability on organizational performance in Uganda, evaluating the role of transparency on organizational performance and investigating the role of integrity on organizational performance in Uganda. The study used a case study research design and also adopted a quantitative approach for the sample size for the study was determined by use of Krejcie and Morgan (1970) table which obtained a sample size 28 respondents. Data was collected through closed ended questionnaires. The main findings reveal that accountability plays a significant role in organizational performance as established by the results of the responses provided by the respondents. The study also reveals that transparency is significant in organizational performance and lastly, the study establishes that integrity plays a significant role in organizational performance. The study concludes that the dimensions of corporate governance considered in this study which include; accountability, integrity and transparency are key determinants in the performance of organizations. The study therefore recommends that management of organizations should emphasize accountability, transparency and integrity among staff which promote their performance.