dc.contributor.author | Mutuku, Festus K | |
dc.date.accessioned | 2013-03-27T09:51:00Z | |
dc.date.issued | 2012-11 | |
dc.identifier.citation | MBA Thesis | en |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/15179 | |
dc.description.abstract | This research paper seeks to examine the corporate governance and accountability mechanisms
of board directors and composition, board meeting frequency, reporting and controls and
challenges of organization structure and culture, managerial and political and legal challenges in
the 18 (eighteen) private hospitals in Kiambu County.
The researcher applied a descriptive research design. The target population of this study
consisted of a total of 18 top managers working at the 18 private hospitals in the Kiambu County,
Kenya. The study used primary data which was obtained through an interview questionnaire
which was developed based on the two objectives of the study. It had statements describing
significant corporate governance and accountability mechanisms and challenges. It was
administered through electronic mail and pick and drop later or picked immediately to the
targeted population and followed up.
The study established that corporate governance and accountability mechanisms was applied in
the private hospitals since there the board members were appointed for a fixed term of 3 years
and approval from the owner’s representatives, chairman of the hospital was different from the
CEO of the hospital and there was a clear split of CEO and the chairman’s roles in the
management of the hospitals. Further the study established that the private hospitals experienced
the challenges of organizational structure, culture, managerial and legal systems in the process of
implementing corporate governance and accountability mechanisms.
The study recommends that full corporate governance and accountability mechanisms be
implemented in all the private hospitals so as to ensure better management of hospitals in
Kiambu County and the country at large, this will reduce the likelihood of earnings management
thus increase transparency in the hospitals. In addition, the study recommends that the nature of
the contract between owner’s representative/board and managers telling the latter what to do
with the funds and management of the organization should be clearly and thoroughly outlined as
much as possible to reduce agency conflicts between the agents and the principles. Further the
board members should be compensated commensurate to the time spent in the hospital business
and their payments should be as per the compensation structures approved by the hospital board. | en |
dc.description.sponsorship | University of Nairobi | en |
dc.language.iso | en | en |
dc.subject | Corporate governance | en |
dc.subject | Accountability mechanisms | en |
dc.subject | Private hospitals | en |
dc.subject | Kiambu County | en |
dc.subject | Kenya | en |
dc.title | Corporate governance and accountability mechanisms and challenges in the private hospitals in Kiambu County, Kenya | en |
dc.type | Thesis | en |
local.embargo.terms | 6 months | en |
local.publisher | School of Business, University of Nairobi | en |