| dc.description.abstract | This study interrogates corporate governance practices within Kenya’s State
Corporations with particular reference to the appointment and dismissal of directors of
the Boards of these corporations. It recognizes that these directors are the anchors for the
implementation of corporate governance practices in these corporations. The appointment
and dismissal of these directors have been based on, inter alia, political considerations
kinship, patronage, ethnicity and other non objective criteria other than merit. This has
often impacted negatively on the performance of these corporations. This study traces the
evolution of corporate governance generally, documents it’s historical development in
Kenya and examines the current practices on the appointment and dismissal of directors
of boards of state corporations. The data collected targeted a majority of State
Corporations which demonstrates that past criteria for Directors recruitment and their
dismissal was based on non objective criteria. The study is instructive on the fact that
though best practice and corporate governance principles have not been fully embraced in
the appointment and dismissal of Directors of Boards of State Corporations there is a
positive move towards the adoption of these principles in such appointments and
dismissals. The impetus for this was the promulgation of the Kenya constitution 2010
which is itself a good corporate governance document. | en_US |
