Corporate governance problems of savings, credit and cooperative societies

Article


Odera, Odhiambo. 2012. "Corporate governance problems of savings, credit and cooperative societies." International Journal of Academic Research in Business and Social Sciences. 2 (11), pp. 89-103.
Article Title

Corporate governance problems of savings, credit and cooperative societies

ERA Journal ID200031
Article CategoryArticle
AuthorsOdera, Odhiambo
Journal TitleInternational Journal of Academic Research in Business and Social Sciences
Journal Citation2 (11), pp. 89-103
Number of Pages14
Year2012
Place of PublicationPakistan
ISSN2222-6990
Web Address (URL)http://www.hrmars.com/admin/pics/1266.pdf
Abstract

The study discusses the corporate governance problems of Savings, Credit and Cooperative Societies (SACCOs). It examines both the corporate governance theories and conflicts of governance associated with SACCOs. Problems frequently occur in SACCOs due to one or more of the following reasons; lack of clear and proper rules separating management from decision making, unqualified personnel in management, inadequate managerial competitiveness, failure of membership and boards to exercise fiduciary responsibility and the one member one vote (OMOV) system. Several measures against the SACCO governance problems such as having clear rules in the SACCO bylaws and identifying who are the stakeholders dominating the SACCO should help to ensure good governance.

Keywordscorporate governance, theory, savings, credit and cooperatives societies
ANZSRC Field of Research 2020350710. Organisational behaviour
350799. Strategy, management and organisational behaviour not elsewhere classified
350709. Organisation and management theory
Public Notes

Copyright- Authors agree to automatic transfer of the copyright to the publisher when the manuscript is accepted for publication.

Byline AffiliationsSchool of Accounting, Economics and Finance
Institution of OriginUniversity of Southern Queensland
Permalink -

https://research.usq.edu.au/item/q195w/corporate-governance-problems-of-savings-credit-and-cooperative-societies

  • 2012
    total views
  • 11
    total downloads
  • 1
    views this month
  • 0
    downloads this month

Export as

Related outputs

Corporate social responsibility reporting of international oil companies in Nigeria: an historical materialism analysis
Odera, Odhiambo, James, Kieran, Scott, Albert and Gow, Jeff. 2020. "Corporate social responsibility reporting of international oil companies in Nigeria: an historical materialism analysis." International Journal of Ethics and Systems. 36 (1), pp. 131-146. https://doi.org/10.1108/IJOES-04-2019-0071
Community perceptions of Nigerian oil companies commitment to social and environmental concerns
Odera, Odhiambo, Scott, Albert and Gow, Jeff. 2018. "Community perceptions of Nigerian oil companies commitment to social and environmental concerns ." Journal of Global Responsibility. 9 (1), pp. 73-95. https://doi.org/10.1108/JGR-02-2017-0006
Differential reporting of social and environmental disclosures between local and foreign oil companies in Nigeria
Odera, Odhiambo, Scott, Albert and Gow, Jeff. 2016. "Differential reporting of social and environmental disclosures between local and foreign oil companies in Nigeria." Social Responsibility Journal. 12 (3), pp. 415-438. https://doi.org/10.1108/SRJ-05-2015-0070
An examination of the quality of social and environmental disclosures by Nigerian oil companies
Odera, Odhiambo, Scott, Albert H.S. and Gow, Jeff. 2016. "An examination of the quality of social and environmental disclosures by Nigerian oil companies." Corporate Governance: The International Journal of Business in Society. 16 (2), pp. 400-419. https://doi.org/10.1108/CG-05-2015-0065
Factors influencing corporate social and environmental disclosures: a systematic review
Odera, Odhiambo, Scott, Albert H.S. and Gow, Jeff. 2016. "Factors influencing corporate social and environmental disclosures: a systematic review." International Journal of Business Governance and Ethics. 11 (2), pp. 116-134. https://doi.org/10.1504/IJBGE.2016.078199
Effects of succession planning programs on staff retention
Eshiteti, Stephen Nyikuli, Okaka, Ochieng, Maragia, Samuel N., Odera, Odhiambo and Akerele, Emmanuel Kayode. 2013. "Effects of succession planning programs on staff retention ." Mediterranean Journal of Social Sciences. 4 (6), pp. 157-162. https://doi.org/10.5901/mjss.2013.v4n6p157
An examination of social and environmental disclosures in Nigerian oil companies
Odera, Odhiambo. 2014. An examination of social and environmental disclosures in Nigerian oil companies. PhD Thesis Doctor of Philosophy. University of Southern Queensland.
Influence of teacher characteristics on students' academic achievement among secondary schools
Kosgei, Anita, Mise, Jairo Kirwa, Odera, Odhiambo and Ayugi, Mary Evelyn. 2013. "Influence of teacher characteristics on students' academic achievement among secondary schools." Journal of Education and Practice. 4 (3), pp. 76-82.
Impact of balanced scorecard usage on the performance of commercial banks
Ombuna, Denis Simon, Omido, Karim, Garashi, Hamadi Musa, Odera, Odhiambo and Okaka, Ochieng. 2013. "Impact of balanced scorecard usage on the performance of commercial banks ." International Journal of Information Technology and Business Management. 10 (1), pp. 40-48.
Effectiveness of strategy implementation using the balanced scorecard in local government authorities
Mwijuma, Shufaa Omar, Omido, Karim, Garashi, Hamadi Musa, Odera, Odhiambo and Akerele, Emmanuel Kayode. 2013. "Effectiveness of strategy implementation using the balanced scorecard in local government authorities." International Journal of Management & Business Studies. 3 (1), pp. 146-151.
Impact of internship programme on the performance of public health care institutions
Yeswa, Eunice A., Okaka, Ochieng, Mutsotso, Stanley N., Odera, Odhiambo and Mumbo, Hazel Miseda. 2012. "Impact of internship programme on the performance of public health care institutions." Global Journal of Human Social Science Arts and Humanities. 12 (13), pp. 38-44.
Communication constraints faced by staff in Kenyan public universities
Mamuli, Laura Catherine, Mustosto, Stanley Ngome, Namasaka, David Butali and Odera, Odhiambo. 2013. "Communication constraints faced by staff in Kenyan public universities." International Review of Management and Business Research. 2 (1), pp. 258-264.
Effects of balanced scorecard on performance of firms in the service sector
Kairu, Esther W., Wafula, Moses O., Okaka, Ochieng, Odera, Odhiambo and Akerele, Emmanuel Kayode. 2013. "Effects of balanced scorecard on performance of firms in the service sector." European Journal of Business and Management. 5 (9), pp. 81-88.
Effects of restructuring on organization performance of mobile phone service providers
Riany, Christa Onundo, Musa, Garashi Hammad, Odera, Odhiambo and Okaka, Ochieng. 2012. "Effects of restructuring on organization performance of mobile phone service providers." International Review of Social Sciences and Humanities. 4 (1), pp. 198-204.
Effects of distributive justice complaints resolution strategies on customer satisfaction in Kenya’s banking industry
Chepkwony, Joel, Korir, Michael Kirwa, Lagat, Charles, Mumbo, Hazel Miseda and Odera, Odhiambo. 2012. "Effects of distributive justice complaints resolution strategies on customer satisfaction in Kenya’s banking industry." European Journal of Business and Social Sciences. 1 (7), pp. 87-96.
Impact of bank mergers on shareholders’ wealth
Juma, Odero Naor, Wawire, Peter T., Byaruhanga, John, Okaka, Ochieng and Odera, Odhiambo. 2012. "Impact of bank mergers on shareholders’ wealth ." International Journal of Business and Social Research. 2 (6), pp. 162-177.
Perception of civil servants towards promotion on merit
Rupia, Alice Shibia, Musa, Garashi Hammad, Nandi, Ogodo M. J. and Odera, Odhiambo. 2012. "Perception of civil servants towards promotion on merit." American International Journal of Contemporary Research. 2 (9), pp. 48-54.
Factors influencing mobilization of Kenyan resources for health and development
Ochieng, Beverly Marion, Mala, Strapola Jane, Mumbo, Hazel Miseda, Aila, Fredrick Onyango and Odera, Odhiambo. 2012. "Factors influencing mobilization of Kenyan resources for health and development." International Journal of Social Sciences and Education. 3 (1), pp. 128-134.
Motivational drivers for non-skilled Kenyan community health volunteers
Ochieng, Beverly Marion, Kaseje, Dan Owino, Mala, Strapola Jane, Mumbo, Hazel Miseda, Aila, Fredrick Onyango and Odera, Odhiambo. 2012. "Motivational drivers for non-skilled Kenyan community health volunteers." International Journal of Asian Social Science. 2 (9), pp. 1477-1483.
Construction and validation of consumer attitudes on biosecurity principles: a methodological perspective
Aila, Fredrick O., Oima, David, Ochieng, Isaac, Ojera, Patrick B. and Odera, Odhiambo. 2012. "Construction and validation of consumer attitudes on biosecurity principles: a methodological perspective." Research on Humanities and Social Sciences. 2 (6), pp. 240-250.
Improvement of health outcomes through the contribution of entrepreneurial theories in Kenyan communities
Mumbo, Hazel Miseda, Korir, Michael Kirwa, Kaseje, Dan Owino, Ochieng, Beverly Marion and Odera, Odhiambo. 2012. "Improvement of health outcomes through the contribution of entrepreneurial theories in Kenyan communities." Journal of Natural Sciences Research. 2 (5), pp. 68-75.
Effects of operational factors on organizational performance in Kenyan insurance industry
Mudaki, Abisay Lumosi, Wanjere, Dishon, Ochieng, Isaac and Odera, Odhiambo. 2012. "Effects of operational factors on organizational performance in Kenyan insurance industry." International Journal of Business and Social Science. 3 (17), pp. 237-241.
Influence of promotional strategies on banks performance
Aliata, Victor Lusala, Odondo, Alphonce J., Aila, Fredrick Onyango, Ojera, Patrick B., Abong’o, Beatrice E. and Odera, Odhiambo. 2012. "Influence of promotional strategies on banks performance." International Journal of Business, Humanities and Technology. 2 (5), pp. 169-178.
Effects of quality of work life on job performance: theoretical perspectives and literature review
Aketch, Josiah Roman, Odera, Odhiambo, Chepkuto, Paul and Okaka, Ochieng. 2012. "Effects of quality of work life on job performance: theoretical perspectives and literature review." Current Research Journal of Social Sciences . 4 (5), pp. 383-388.
Effects of self-sponsored programs on academic staff performance at Kenyan universities
Aketch, Josiah Roman, Odera, Odhiambo, Chepkuto, Paul and Okaka, Ochieng. 2012. "Effects of self-sponsored programs on academic staff performance at Kenyan universities." International Journal of Humanities and Social Science. 2 (15), pp. 60-64.