Influence of public reporting by Board of Management on management of public Technical Training Institutes in Nairobi City County
Abstract
The purpose of this study was to investigate the influence of corporate governance practices on the management of public Technical Training Institutes in Nairobi City County. The study objective was to determine the extent to which timely public reporting by Board of Management influence management of public Technical Training. The study employed descriptive research design to determine corporate governance practices influencing management of public technical training institutes in Nairobi City County. The target population was three Technical training institutes in Nairobi City County. The study therefore targeted 54 BOMs, 3 bursars and 3 principals. The units of analysis were Board of management members, principals and bursars for the three public technical training institutes in Nairobi City County. Since the population size for principals and bursars was small, census technique was adopted to select a sample of 3 principals and 3 bursars. Simple random sampling technique was used to select a sample size of 51 Board of Management members. Primary data were collected through the use of semi structured questionnaires and interview guides. Content validity was used by the researcher to check whether the items in the interview guides answer the research objectives. The results of the study indicated that Technical Training Institutes where public reporting was untimely was characterized by poor management of Technical Training Institutes than those institutes that practiced timely reporting. Based on research finding it can be concluded that Board of Management public reporting influence management of Technical Training Institutes.. It is recommended that the management of the technical training institutes ensures that financial reporting are done on time so as to improve management of funds within the organization.
Keywords: Timely public reporting, BOM members, Management of Public Technical Training Institutes, Financial record keeping and Nairobi City County
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