CORPORATE GOVERNANCE AND LEGISLATION PERFORMANCE OF DEVOLVED SYSTEM OF GOVERNANCE, KENYA

Muchiri Albert Gakuru, Dr. Muchelule Yusuf

Abstract: Corporate governance in organizations has evolved rapidly in the recent times, and its importance has been highlighted across the globe. Consequently, when adopting and implementing corporate governance, this decision may have a positive impact on decisions relating to existing investors on the one hand and potential investors on the other. County governments use the law to regulate and administer public affairs. The law is meant to address a specific social challenge or mischief. Therefore, this study determines the influence of corporate governance in the legislation performance of devolved system of governance in Kenya. There were specific objectives; To determine the role of public participation, legal framework, resource allocation and capacity building on the legislation performance devolved system of governance in Kenya. A descriptive survey research design was adopted in the three organs of government, the legislature, the executive, and the county government's judiciary with a target population of 117. Stratified random sampling, objective and simple random sampling was used to select the sample population, and the sample size was 91. Respondents with a major mandate of legislation determined using Yamane’s (1967) formula. Questionnaires and self-administered interviews were used for data collection. An experimental study was conducted on 10% of the target population to determine the reliability and validity of the instrument. Close-ended questions generated quantitative data and open-ended questions yielded qualitative data. SPSS version 24 was used to analyze all quantitative data. Inferential and descriptive statistics was used to analyze qualitative data. The frequency distribution\mean, standard deviation, and percentage were included in the descriptive data. Inferential data analysis was done using Pearson correlation coefficient, regression analysis, and multiple regression analysis. The data from the questionnaire made use of both qualitative and quantitative and was coded into a Statistical Package for the Social Sciences (SPSS) version 24, which will be used to generate descriptive statistics and inferred statistics. Multiple linear regression analysis was used to establish the influence of corporate governance on the law process of devolved system of governance, Kenya. The results were presented using tables, pie charts and graphs. The study found that Corporate Governance influenced Legislation Performance significantly in devolved system of governance, Kenya.  Public Participation, Legal Framework, Resource Allocation, and Capacity Building had strong positive significant relationship with Legislation Performance in devolved system of governance, Kenya. Corporate Governance (Public Participation, Legal Framework, Resource Allocation, and Capacity Building) explained 80.3% of Legislation Performance in devolved system of governance, Kenya. The results of this study will be of particular importance to the county government's assembly, especially in terms of the results and recommendations that emerge from the study. The study attempted to delve into the potential shortcomings of corporate governance relating to the law process of devolved system of governance, Kenya. The study recommends similar study to be done in other counties to ascertain the variation in Legal Performance.

Keywords: Corporate Governance, Public Participation, Capacity Building, Legislation Performance.

Title: CORPORATE GOVERNANCE AND LEGISLATION PERFORMANCE OF DEVOLVED SYSTEM OF GOVERNANCE, KENYA

Author: Muchiri Albert Gakuru, Dr. Muchelule Yusuf

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 10, Issue 1, April 2022 - September 2022

Page No: 167-176

Research Publish Journals

Website: www.researchpublish.com

Published Date: 21-May-2022

DOI: https://doi.org/10.5281/zenodo.6568931

Vol. 10, Issue 1, April 2022 - September 2022

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CORPORATE GOVERNANCE AND LEGISLATION PERFORMANCE OF DEVOLVED SYSTEM OF GOVERNANCE, KENYA by Muchiri Albert Gakuru, Dr. Muchelule Yusuf