Institutional pressures and risk governance: testing the mediation role of collectivist orientation among financial institutions in Uganda
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 30 April 2024
Abstract
Purpose
The purpose of this paper is twofold: to examine the relationship between institutional pressures and risk governance in financial institutions (FIs) in Uganda and to establish mediational role of collectivist orientation in the relationship between institutional pressures and risk governance in financial institutions in Uganda.
Design/methodology/approach
The study adopts a cross-sectional and quantitative research design. The authors employed Statistical Package for Social Sciences (SPSS) and Partial Least Square Structural Equation Modeling (SmartPLS 3.3.0 for professionals) to test hypotheses.
Findings
The results indicate that institutional pressures is significantly associated with risk governance in FIs. The study also finds collectivist orientation partially mediates the relationship between institutional pressures and risk governance in FIs in Uganda.
Originality/value
To the best of the authors’ knowledge, this study provides initial empirical evidence on the relationship between institutional pressures, collectivist orientation and risk governance using evidence from a developing African country – Uganda. Additionally, this study provides an initial evidence of the mediating role of collectivist orientation in the relationship between institutional pressures and risk governance in FIs.
Keywords
Acknowledgements
The authors are enormously indebted to the management of Makerere University Business School (MUBS) that awarded the student the scholarship and funding to undertake his PhD Program. Also, the authors would like to appreciate the editor, the two anonymous reviewers and journal’s staff for their timely and constructive comments and support.
Citation
Kakooza, J., Bagire, V., Abaho, E., Munene, J. and Tumwine, S. (2024), "Institutional pressures and risk governance: testing the mediation role of collectivist orientation among financial institutions in Uganda", Journal of Financial Regulation and Compliance, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JFRC-12-2023-0190
Publisher
:Emerald Publishing Limited
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