The Application of Corporate Governance Principles in Dashen Bank
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Date
2021-09
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Addis Ababa University
Abstract
Corporate governance is becoming the major building stone for most organizations. It serves
as the nervous system of organizations to communicate among all participants and interest groups.
The importance of corporate governance is extended to the banking sector. Research indicates that
banks without corporate governance fails in their operation. For this sake the organization of
economic co-operation and development, and the Basel committee for bank supervision has
developed a standard to be adopted. In addition to this the National bank of Ethiopia has prepared a
guideline to be used by banks. The purpose of this study was to see how well corporate governance
concepts are implemented at the Dashen Bank. To fulfill the research's goal, a descriptive case study
was used. The study included all nine board managers, as well as the senior managers and the board
secretary, for a total of 18 participants. The quantitative data was examined using written
explanations, whereas the data received by questionnaire was evaluated using frequency and
percentage values. Furthermore, the qualitative data (interview data) was evaluated alongside the
quantitative data to triangulate the questionnaire results. The findings show that the extent to which
corporate governance principles are applied in the Dashen Bank is positive, even though the bank
still has issues with improving the board's efficiency and effectiveness, as well as transparency and
disclosure of relevant information. As a result, the study provided some feasible solutions for
resolving the issues
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Keywords
corporate governance, corporate governance principles, Dashen Bank