Corporate governance principles: a solution to poor administration in national sports organizations

Abstract

The purpose of this study is to analyse the incorporation and implementation of corporate governance principles as a viable solution towards curbing of the emerging instances of poor management and administration by national sports organizations in Kenya. This study will concern itself with the principles of good governance encompassed within the commercial module of business, developed to ensure that bodies vested with the authority to govern organizations conduct their duties in the best interests of all the stakeholders while at the same time in pursuit of the organization’s given goals and objectives. Despite this ratification for the need to enshrine the principles of good governance within the operations of not only corporate entities but also “non-profit organizations” such as national sports organizations, the implementation of these principles still remains blatantly absent. Hence this study will explore the theories behind corporate governance relevant to sports organizations and will discuss possible methods of policy implementation that will ensure the observance of these principles. Additionally, this study will make a comparison with the approach taken by other countries in facilitating effective sports governance and will moreover, propose a realistic structure derived from the corporate module of the state of Taiwan.