The practice of corporate governance towards Organizational performance in the insurance industry In Tanzania: the case of jubilee insurance company Limited
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Mzumbe University
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A Dissertation Submitted to the School of Business in Partial Fulfillment for the
Requirements of the Award of Master of Business Administration Degree of
Mzumbe University, Tanzania
The examined the practice of corporate governance towards organizational performance in the insurance industry. The specific objectives were to describe and assess the extent to which Jubilee Insurance Company Limited practice the salient principles of Corporate Governance, to -identify and explain the effects of corporate governance at Jubilee Insurance Company Limited and to examine the means to raise organizational performance in Jubilee Insurance Company. The study employed a case study research design. The data were collected using questionnaires, interview and document analysis techniques. Data obtained from the fields were analyzed and presented graphically and in frequency distribution table with the help of SPSS version 16.00. The study findings conclude that, Jubilee Insurance Company Limited practice the salient principles of Corporate Governance to a large extent and this was witnessed by having strong Board of Directors, duly committed of its role in safeguarding shareholders’ assets and ensuring a suitable return on investment. The conclusion made on the effects of corporate governance at Jubilee Insurance Company Limited was that increased profitability for the last two years was one among the effect of corporate governance at Jubilee Insurance Company Limited and high dividends returns was associated with the effects of corporate governance also better risk management to promote efficiency was among the effect of corporate. In response to the means to raise organizational performance in Jubilee Insurance Company, the conclusion drawn was that one means to raise organizational performance in Jubilee Insurance Company is through the use of motivation to employees. In response to the relationship between corporate governance and organizational performance in Jubilee Insurance Company Limited. The study found that the result is statistically significant. This means that there was a relationship between corporate governance and organizational performance in Jubilee Insurance Company Limited.
The examined the practice of corporate governance towards organizational performance in the insurance industry. The specific objectives were to describe and assess the extent to which Jubilee Insurance Company Limited practice the salient principles of Corporate Governance, to -identify and explain the effects of corporate governance at Jubilee Insurance Company Limited and to examine the means to raise organizational performance in Jubilee Insurance Company. The study employed a case study research design. The data were collected using questionnaires, interview and document analysis techniques. Data obtained from the fields were analyzed and presented graphically and in frequency distribution table with the help of SPSS version 16.00. The study findings conclude that, Jubilee Insurance Company Limited practice the salient principles of Corporate Governance to a large extent and this was witnessed by having strong Board of Directors, duly committed of its role in safeguarding shareholders’ assets and ensuring a suitable return on investment. The conclusion made on the effects of corporate governance at Jubilee Insurance Company Limited was that increased profitability for the last two years was one among the effect of corporate governance at Jubilee Insurance Company Limited and high dividends returns was associated with the effects of corporate governance also better risk management to promote efficiency was among the effect of corporate. In response to the means to raise organizational performance in Jubilee Insurance Company, the conclusion drawn was that one means to raise organizational performance in Jubilee Insurance Company is through the use of motivation to employees. In response to the relationship between corporate governance and organizational performance in Jubilee Insurance Company Limited. The study found that the result is statistically significant. This means that there was a relationship between corporate governance and organizational performance in Jubilee Insurance Company Limited.
Keywords
Insurance industry