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Kenyan firms rank high in governance race
CMA revised the country’s corporate governance code last year capping the number of listed company boards on which an individual can serve, among other things. FILE PHOTO | NMG
Kenyan companies rank highly on corporate governance matters relating to disclosures, shareholder rights and the roles of board of governors, an Africa report shows.
The study of corporate governance requirements done by consultancy KPMG and the Association of Chartered Certified Accountants (ACCA) ranks Kenya second to South Africa in development and application of corporate governance standards in listed and unlisted companies.
