The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District.
To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descript...
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| Format: | Article |
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Kabale University
2023
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| Online Access: | http://hdl.handle.net/20.500.12493/1291 |
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| author | Kabweine, Bernard Mwesigwa Eton, Marus Sunday, Arthur Ogwel, Bernard Patrick |
| author_facet | Kabweine, Bernard Mwesigwa Eton, Marus Sunday, Arthur Ogwel, Bernard Patrick |
| author_sort | Kabweine, Bernard Mwesigwa |
| collection | KAB-DR |
| description | To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descriptive research design was adopted and a sample size of 169, which constituted council employees and beneficiaries was used. Data were collected through questionnaires and interviews. The study found a significant effect of risk management on financial performance. The study also established positive and significant relationships between risk management and financial performance at (r = .627; sig. <.05). Generally, risk management accounts for 39.3% of the total variations in the financial performance of Kabale municipality. The study shows that local governments in Uganda have strong risk management systems and are likely to register a 50% variation in their financial performance. The study recommends to both public and private organizations improve their risk management systems for high financial performance. The audit departments should strengthen risk management and control activities at the department level. |
| format | Article |
| id | oai:idr.kab.ac.ug:20.500.12493-1291 |
| institution | KAB-DR |
| publishDate | 2023 |
| publisher | Kabale University |
| record_format | dspace |
| spelling | oai:idr.kab.ac.ug:20.500.12493-12912024-01-17T04:44:16Z The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. Kabweine, Bernard Mwesigwa Eton, Marus Sunday, Arthur Ogwel, Bernard Patrick To examine the effect of risk management on financial performance in Uganda. We explored literature on risk management and the relationships with financial performance in public sector organizations. We designed a theoretical relationship between risk management and financial performance. A descriptive research design was adopted and a sample size of 169, which constituted council employees and beneficiaries was used. Data were collected through questionnaires and interviews. The study found a significant effect of risk management on financial performance. The study also established positive and significant relationships between risk management and financial performance at (r = .627; sig. <.05). Generally, risk management accounts for 39.3% of the total variations in the financial performance of Kabale municipality. The study shows that local governments in Uganda have strong risk management systems and are likely to register a 50% variation in their financial performance. The study recommends to both public and private organizations improve their risk management systems for high financial performance. The audit departments should strengthen risk management and control activities at the department level. 2023-07-05T14:39:41Z 2023-07-05T14:39:41Z 2023 Article Kabweine, B. M., Eton M., Sunday A. & Ogwel B. P. (2023). The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. Kabale: Kabale University. http://hdl.handle.net/20.500.12493/1291 application/pdf Kabale University |
| spellingShingle | Kabweine, Bernard Mwesigwa Eton, Marus Sunday, Arthur Ogwel, Bernard Patrick The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. |
| title | The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. |
| title_full | The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. |
| title_fullStr | The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. |
| title_full_unstemmed | The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. |
| title_short | The Effect of risk management on financial Performance in Uganda. A Case of Kabale Municipal Council, Kabale District. |
| title_sort | effect of risk management on financial performance in uganda a case of kabale municipal council kabale district |
| url | http://hdl.handle.net/20.500.12493/1291 |
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