PhD Theses

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Board Composition and Financial Performance of Manufacturing firms in Uganda
(University of Dar es Salaam, 2017) Akisimire, Richard
This study examined the effects of board composition on the financial performance in the sector. The study was cross sectional and quantitative. A valid research instrument was utilized to conduct a survey using 78 Ugandan manufacturing firms and 235 board members (respondents) as the unit of inquiry. Correlation and regression were used to ascertain the validity of the set hypotheses. Findings in respect of the main objective indicate that board composition is strongly and positively associated with the financial performance of Uganda’s manufacturing firms. For the specific objectives; Board diversity and board size are significantly associated with firm financial performance. However, CEO Chairman Duality was found to have an insignificant association with the financial performance of Uganda’s manufacturing firms. Firm size was found to have an insignificant moderating effect on the relationship between board composition and financial performance