Corporate governance and board effectiveness in Uganda broadcasting corporation

Abstract

The study examined the relationship between corporate governance and Board effectiveness in Uganda Broadcasting Corporation. The focus was on the effect of Board composition, size, and Board independence to ascertain the bearing on Board effectiveness in UBC performance so as to contribute to the insight and knowledge of corporate governance to the different parastatals and guide them on how to improve their corporate practices, avoid mistakes and address inherent corporate challenges. A case study design was used involving a sample population of 85. Descriptive statistics were also used to derive percentage responses, while the Statistical Package for Social Scientists was used to derive Pearson correlation coefficients that were used to determine the relationships between the variables. The result revealed significant result in between variables. 72.8% of the respondent confirmed the significance of a Board in corporate governance in organization performance not only to UBC but as acceptable corporate norms of. Majority (75.3%) of the respondents revealed that in the three years when the Board was in abeyance, it had negative bearing in the state of the corporate governance of UBC. Furthermore the outcome revealed a small sized composed of members from various discipline, background and experience is well suited for a corporate entity like UBC, 81 % of the respondents hold this view, 57.2% of the respondents revealed that there is some political interference in the governance of UBC. In overall, the correlation indicate significant relationship positive relationship between variables ranging from (r =0.781 to 0.973, P - value = 0.000), therefore consistent with the general purpose of the study, objectives and research questions.