MJAMR

Management competence and financial performance of financial institutions in Uganda. A case study of Equity Bank

Kabanda Richard, Okee Jill Margaret


Abstract

This research paper analyzed the impact of managerial competence exhibited by leadership on the financial outcomes achieved by one of Uganda's premier banking institutions, Equity Bank Uganda Limited, over the past decade from 2010 through 2020. By procuring and thoroughly screening extensive time series data pertaining to financial statements, governance protocols, operational metrics and regulatory assessments from reliable sources such as annual reports and central bank filings, a comprehensive analytical methodology is devised leveraging the robust functionalities of the SPSS statistical software application. This facilitates the generation of descriptive statistics, evaluation of bivariate relationships utilizing correlation analysis techniques, and execution of multivariate linear regression modeling while accounting for potential endogeneity and simultaneous relationship issues through instrumental variable and seemingly unrelated regression estimations. The findings reliably establish the influential role that prudent risk management, strategic visioning, operational excellence, talent optimization and responsible stakeholder engagement have played in propelling Equity Bank's unparalleled trajectory of growth and sustained profitability surpassing peers. However, the paper also identifies pressing strategic priorities meriting addressed if this exemplary foundation of resilient governance is to adapt nimbly to rapidly evolving technological disruptions and rising consumer sophistication levels continuing to enrich lives of citizens for generations to come.

Keywords

leadership ability communication skills management skills and accountability
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Kabanda Richard & Okee Jill Margaret (2024). Management competence and financial performance of financial institutions in Uganda. A case study of Equity Bank. Metropolitan Journal of Academic Multidisciplinary Research, 3(2). https://journals.miu.ac.ug/pages/article.php?article_id=1704

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