Browsing by Author "Bernice Nasangwe"
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Item Effect of corporate governance practices mediated by risk management on sustainability of agricultural cooperatives in Ngozi Province, Burundi(Egerton University, 2025-09) Bernice NasangweThe growth of agricultural cooperatives in Burundi is very crucial for the rural development. This is due to its critical role in improving the welfare and livelihood of smallholder farmers. With this acknowledgement, the sustainability of cooperatives in Burundi is key. However, in the past decade, performance of cooperatives in Burundi has been declining with majority being inactive. Corporate governance and risk management practices have been viewed as catalysts for improvement of cooperatives longevity. Therefore, this study seeks to determine the effect of corporate governance practices mediated by risk management on sustainability of agricultural cooperatives. Specifically, the objectives of this study were firstly, to determine the factors influencing adoption of corporate governance practices, secondly to determine the effect of corporate governance practices on sustainability of agricultural cooperatives, and lastly to determine the effect of corporate governance mediated by risk management on sustainability of agricultural cooperatives in Ngozi province. A multistage sampling method was used to select an initial sample of 293 members of the agricultural cooperatives. An additional 14 respondents were later included, bringing the total sample size to 307. The data collected will be analysed using statistical software (STATA) and Smart PLS version 3. Through a cross-sectional survey, data were collected using a standardized questionnaire. Factors that significantly influenced the implementation of corporate governance practices were gender, education level, years of membership, level of position, number of meetings, information dissemination, credit facilities, and participation in trainings, understanding tasks assigned to leaders, involvement of members in decision making, understanding of principles by members, leadership style and organizational culture. Secondly, the findings indicated that there was a positive and significant relationship between responsibility CGP and economic, social, environment sustainability. The results also revealed a positive and significant relationship between participation CGP and social, environmental sustainability; rule by law CGP and social, environmental sustainability; transparency CGP and economic, environmental sustainability. However, fairness was found to have a negative relationship with environmental sustainability. As recommendations, in order for cooperatives to sustain economically, socially, and environmentally in the long term; the study recommended to develop a cooperative governance capacity-building program, to set up a support system for agricultural cooperatives, and to promote stakeholder involvement in the risk management process.