INFLUENCE OF DECISION-MAKING PRACTICES ON CORPORATE GOVERNANCE PERFORMANCE IN PUBLIC INSTITUTIONS IN RWANDA
Abstract
The purpose of this study was to assess the influence of decision-making practices on corporate governance performance in public institutions in Rwanda. The study adopted a descriptive and explorative design. The target population for the study was 214 managers from 10 public institutions in Rwanda. Stratified random sampling technique was used to get a sample of 140 respondents who were selected from the top and middle management staff. Data for the study was collected by use of questionnaires, interviews and observation. The study used descriptive and inferential statistics to establish the relationship between the dependent and independent variable. It was expected that the results of the study would assist the top management of the institutions as well as other stakeholders to understand the effect of decision making practices on governance performance in public institutions in Rwanda. Data collected was analyzed through SPSS version 21. Data analysis involved statistical computations for averages, percentages, and correlation and regression analysis. Ordinary least squares (OLS) regression method of analysis was adopted to determine the inferential statistics. Decision-Making Practices had a positive relationship with corporate governance performance in public institutions in Rwanda (r = 0.434, p < 0.001) respectively at 0.05 level of significance. The findings confirmed that there is a statistically significant influence of decision making practices and corporate governance performance in public institutions in Rwanda. The study concluded that decision-making Practices are effective in determining corporate governance performance in public institutions in Rwanda. The study suggested that there are other mediating or intervening factors that can affect corporate governance performance that could be researched further for example the type of leadership. Therefore, future studies could introduce other moderating or intervening variables in their models.
Keywords: Corporate Governance Performance, Decision-Making Practices, Public institutions in Rwanda
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DOI: http://dx.doi.org/10.61426/sjbcm.v7i1.1601
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