ICS has over the years partnered with other public and private institutions in accomplishment of diverse governance initiatives, including: Champions of Governance (COG) Award, Code of Corporate Governance for Issuers of Security to the Public, The Code of Governance for Private Organizations in Kenya, Governance Researcher of the Year Award and Publication of Governance Journal among other initiatives.
ICS has also played a key role in Kenya’s parastatal reform process where, together with the State Corporations Advisory Committee (SCAC), it led development of the Code of Governance for State Corporations (Mwongozo) in 2015. Mwongozo code is one of the first governance codes for state-owned enterprises in Africa.
The partnership with University of Essex seeks to build on these existing efforts to evaluate the implementation of the Mwongozo code, gather insights from a wide range of stakeholders and propose reforms to the code. Such work will support ICS’s existing Governance Audit training and evaluation framework aimed at supporting Kenyan organizations and their boards/leaders.
The University of Essex is among the top 25 British Universities for research quality according to The Times and Sunday Times Good University Guide 2021. The CAGD is part of the Essex Accounting Group, which is an internationally leading research group on accounting and corporate governance in emerging economies.
The Essex Accounting Group has a reputation for its interdisciplinary approach to accounting scholarship that encompasses religion, sociology, law, politics, government, and organisational studies to inform public policy and solve real-work problems for organisations across the globe in the private, public and third sectors.
It also maintains strong links with professional accountancy bodies, such as the Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants in England and Wales (ICAEW) and Institute of Chartered Accountants of Scotland (ICAS).
The group has also conducted research in several other countries across Africa, South East Asia and Latin America.
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Obare Nyaega is Chief Executive Officer, The Institute of Certified Secretaries of Kenya (ICS), Kenya. |
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Jeremiah Karanja is Head of Professional Services, The Institute of Certified Secretaries of Kenya (ICS), Kenya. |
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Gilbert Kiprono is Manager, Research and Business Development at The Institute of Certified Secretaries of Kenya (ICS), Kenya. |
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Teerooven Soobaroyen is Professor of Accounting and Deputy Dean of Partnerships at University of Essex Business School, UK. |
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Danson Kimani is a Lecturer in Accounting, and Co-ordinator at The Centre for Accountability and Global Development (CAGD), University of Essex, United Kingdom. |
