Abstract: National Government Constituency Development Fund is a devolved fund that was established by the Kenyan government to eradicate poverty at the constituency level, share national resources and create employment opportunities at the constituencies. There is an emerging need for NG-CDF in Kenya to improve their performance .This has been demonstrated by the many complaints from stakeholders such as constituents who have complained that there is misuse of the funds that have been allocated for certain projects. The purpose of the study was to establish the effect of corporate governance principles on the performance of NG-CDF, in Shinyalu Constituency, Kakamega County. The specific objective of the study was to assess the effect of accountability on the performance of NG-CDF in Shinyalu Constituency Kakamega County. The study adopted a descriptive survey design. The survey population was drawn from the 530 education PMCS, and security PMCS within Shinyalu Constituency. The preferred data collection instrument for primary data was a questionnaire. The findings indicated that there is significant positive relationship between accountability (R=0.639, P=0.000) and performance of Shinyalu NG-CDF. The study concluded that accountability has significant effect on the performance of NG-CDF Shinyalu Constituency. Therefore, the study recommended that there is need for strict conformity with corporate governance principles in the management of public finance. Particular attention should be directed to transparency and accountability as well as financial reporting system.
Keywords: Corporate Governance Principles, NG-CDF, Accountability, Performance, Kakamega County.
Title: Effect of Corporate Governance Principles on Performance of NG-CDF in Shinyalu Constituency, Kakamega County, Kenya
Author: Jastan Iminyi, Dr. Julius Miroga
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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