The influence of Corporate Governance on Corporate Performance Among Manufacturing Firms in Kenya: A Theoretical Model

Abstract

This study discusses on the relationship between corporate governance mechanisms and corporate performance of manufacturing firms in Kenya. It argues stagnation of manufacturing sector in Kenya has come about largely as a result of corporate governance challenges in the industry which leads to poor corporate performance. The paper examines the influence of corporate governance mechanisms such as board diversity, board duality, government ownership and management ownership on corporate performance. This study contributes to the literature by demonstrating the significance of manufacturing sector in Kenya in achievement of Vision 2030 .In addition, the study demonstrate how corporate governance influences corporate performance in order to address stagnation of manufacturing sector in Kenya