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Board Behavior and Corporate Performance: A Case of African Guarantee Fund for Small and Medium-Sized Enterprises

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  • Nicole Mueni Muia

    (Department of Business Studies, St Paul’s University)

  • Julius Kahuthia Mwangi

    (Department of Business Studies, St Paul’s University)

  • John Muhoho

    (Department of Business Studies, St Paul’s University)

Abstract

The main purpose of this study was to examine effect of corporate governance on the performance of credit guarantee schemes. The study was guided by the following objectives; to determine effect of board behavior and the performance of credit guarantee schemes. The study was guided by the stewardship theory. The study employed descriptive research design. The target population was 40 staff working at AGF. Census survey was adopted while primary data was used which was collected using questionnaires. The validity and reliability of the data collection instruments was ascertained through pretesting. Descriptive statistics like frequencies and percentages was used to summarize data while inferential statistics such as correlation coefficients was used to test the non-causal relationship between variables while regression analysis was used to test the research hypotheses at 5% significance level with the aid of SPSS version 25. The results were presented using tables and discussion there-off. The research findings indicate that there exist a statistically significant positive relationship between board behavior and the performance of credit guarantee schemes.

Suggested Citation

  • Nicole Mueni Muia & Julius Kahuthia Mwangi & John Muhoho, 2020. "Board Behavior and Corporate Performance: A Case of African Guarantee Fund for Small and Medium-Sized Enterprises," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(7), pages 232-239, July.
    • Handle: RePEc:bcp:journl:v:4:y:2020:i:7:p:232-239
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    References listed on IDEAS

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