An Investigation on Corporate Governance in Selected Commercial Banks in Uganda: A Comparative Study
The study was conducted in three selected commercial banks in Uganda that is Centenary Rural Development Bank (CERUDEB), Orient Bank and Standard Chartered Bank (Stanchart) and was based on information relating to the banks’ performance for the years 2007-2011. The objective of the study was to establish the corporate governance employed by the selected commercial banks. The total population of the study was 267 respondents comprising of employees of the three selected banks, who work at the headquarters. The sample size for the study was 159 respondents. This was based on Krejcie and Morgan’s (1970) table for determining sample size. The study used a self administered questionnaire, structured to have both open-ended and closed questions. It was concluded that corporate governance in the selected commercial banks was moderately employed with means of 3.00 for Centenary bank, 2.82 for Orient bank and 2.71 for Standard Chartered bank.
