Assessment of Corporate Governance Practices and Challenges: The case of Cooperative Bank of Oromia S.C.
| dc.contributor.advisor | Afework (Ass.Professor), Fisseha | |
| dc.contributor.author | Mamo, Gadissa | |
| dc.date.accessioned | 2020-11-27T08:07:58Z | |
| dc.date.accessioned | 2023-11-04T13:49:14Z | |
| dc.date.available | 2020-11-27T08:07:58Z | |
| dc.date.available | 2023-11-04T13:49:14Z | |
| dc.date.issued | 2020-06 | |
| dc.description.abstract | The purpose of this study was to assess Practices and Challenges of Corporate Governance in the case of Cooperative Bank of Oromia. Descriptive type of research design was adopted. The sample size was determined to be equal to the target population as the population size was below 100. The research was done based on primary and secondary data where the primary data was collected through questionnaires distributed to 78 middle and a high level management of the Bank. Of the total 78 questionnaires distributed 66 were managed to be collected. The study used SPSS version 23 to get in to descriptive statistic results. Validity and reliability tests were also done. Findings from the respondents were summarized in to two categories where the first covers the current practice of the Corporate Governance Principles and the second covers the challenges. As per the respondents view, except “Executive management succession plan” and “Semi-annual board assessment” the rest of the Corporate Governance principles were implemented in the Bank. However, challenges identified through the study revealed that Board members lack of knowledge—diversity and capability, lack of alignment between board and management in the banks’ strategy, boards’ unwillingness to challenge the management, and boards’ insufficient focus on substantive issues were among highly rated in terms of mean value. Hence, the study concluded that as Boards are a valuable source of knowledge and expertise that can contribute to strategy decision-making, shall actively build their knowhow on critical strategic areas. In addition, alignment between board and management member shall be enhanced in order to give focus on substantive issues | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/23672 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Corporate Governance | en_US |
| dc.subject | Executive management | en_US |
| dc.subject | Corporate Governance Practices | en_US |
| dc.title | Assessment of Corporate Governance Practices and Challenges: The case of Cooperative Bank of Oromia S.C. | en_US |
| dc.type | Thesis | en_US |