FACTORS INFLUENCING THE IMPLEMENTATION OF CORPORATE GOVERNANCE IN DEVOLVED GOVERNMENTS: A CASE STUDY OF COUNTY GOVERNMENT OF NYERI

Abstract

The purpose of this study was to assess the factors that influence the implementation of corporate governance in devolved administrations. The study's particular objectives were to determine the impact of public involvement on the implementation of corporate governance in County Government of Nyeri, to assess the extent to which staff competency influence the implementation of corporate governance in County Government of Nyeri, to determine the influences of monetary management on the implementation of corporate governance in County Government of Nyeri and to find out the influence of county government policies on the implementation of county government in County Government of Nyeri. The study used a case study research design to target both technical staff and administrative staff. The study targeted 120 employees from all the departments of the County Government of Nyeri. Sample sizes of 36 employees were considered after employing a stratified sampling method. A simple random sampling method was used to pick the respondent from each stratum. This gave the respondent in each stratum an equal chance of being selected. Questionnaires were utilized for data collection. A pilot study was conducted prior to the real data collection to ensure the research instruments' reliability and validity. The research gathered both qualitative and quantitative information. Descriptive statistics, such as frequencies and percentages, were used to assess the quantitative data acquired. Qualitative data was organized into topics that corresponded to the study's goals. The study concluded that most respondents indicated that organization corporate governance in devolved governments was highly affected by factors such as public involvement, staff competency, monetary management and county government policies. The respondents indicated that in order for the firm to realize the deserved levels of competitive tendering, then the relationship between these variables need to be given the attention they deserve. The study recommends that the firms’ management should seek information on the effects of public involvement, staff competency, monetary management and county government policies. There is a need for systems and methods to be put in place in order to meet the needs of the four elements. This is because the four elements work individually and in conjunction to affect corporate governance in devolved governments as evidenced by the findings from the research study. The study found out that the public involvement had a direct impact on corporate governance in devolved governments. If the County Government of Nyeri would invest more in four elements by expanding their efficient usage of resources, it would be very welcoming and would ease the agony of delays, wastage, and improve corporate governance in devolved governments.