THE ROLE OF CORPORATE GOVERNANCE IN MITIGATING FINANCIAL DISTRESS IN UGANDA’S CONSTRUCTION AND REAL ESTATE COMPANIES
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Date
2025-05-28
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Uganda Christian University
Abstract
This dissertation examines the role of corporate governance in mitigating financial distress within Uganda’s real estate and construction sectors. Financial distress in these sectors has been linked to poor management, weak governance, and adverse macroeconomic factors, which undermine business performance and sustainability. The study aims to analyze how effective corporate governance practices are such as risk management, board oversight, and strategic planning and how to improve financial stability and reduce the likelihood of distress. Using a desktop review approach, data were collected through a review of literature, financial reports from key firms in the sectors. Findings reveal that strong corporate governance frameworks enhance decision- making, transparency, and accountability, leading to improved financial outcomes and resilience against shocks. The research also highlights the critical role of financial institutions in supporting distressed firms through tailored financing and advisory services. The study concludes that embedding robust governance mechanisms is essential for the sustainable growth of Uganda’s real estate and construction industries, recommending policy interventions to strengthen governance standards and collaboration between regulators, firms, and financial institutions. This contributes to the broader understanding of governance as a tool for financial health in emerging markets.
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Undergraduate