Abstract:
This study examined the relationship between
CEO-Board Collaboration, ethical leadership and performance
of private security firms in Kenya. The study is grounded on the
Agency Theory. The study applied descriptive analysis with a
positivist approach. The study participants were members of
Kenya Security Industry Association (KSIA) and Protective
Security Industry Association (PSIA), since they have
representation in Private Security Regulatory Authority
(PSRA) board. The private security firms have a complement of
896 (336 board members and 560 managers) according to the
Human Resource departments in the private security firms to
be studied. The study sample size was 384 respondents. The
qualitative data was analyzed by the use of content
analysis.Results revealed that all the corporate governance
practices had a positive and significant relationship with
performance of private security of firms in Kenya. The study
concluded that corporate governance practices had the
potential of positively influencing performance of security firms
in terms of profitability, customer satisfaction and market
share. The results support the current theories related to the
study. Consequently, this study provides security firms with
insights of how to improve performance through the adoption of
appropriate corporate governance. This could go a long way in
ensuring there is improved performance of private security
firms in Kenya.
Index Terms— Corporate Governance, CEO-board
collaboration, Ethical Leadership, Performance, Private
Security Firm.
I. INTRODUCTI
