Abstract:
This study investigates the impact of corporate governance practices on the financial performance
of Bralirwa Plc, a leading beverage company in Rwanda. Its objective is to evaluate how effective
governance influences key financial indicators, such as profitability and return on equity. Rwanda,
known for its remarkable economic transformation in recent years, presents a vibrant landscape
for companies operating across diverse sectors. This abstract delves into the dynamics of these
companies, shedding light on their contributions to the Rwandan economy, the challenges they
encounter, and the opportunities they pursue. The objectives of this research include evaluating
the current corporate governance practices at Bralirwa Plc, assessing their influence on financial
performance indicators such as profitability, liquidity, and return on equity, and identifying
potential areas for improvement. A descriptive research design was employed, utilizing both
qualitative and quantitative methods to gather comprehensive data. The research approach
combined surveys, interviews, and financial analysis to provide a holistic view of the impact of
corporate governance. The target population consisted of senior management and board members
at Bralirwa Plc, alongside a selection of employees from various departments. A sample size of 46
participants was determined using purposive sampling to ensure that the insights gathered were
relevant and representative of the organization's governance dynamics. The findings demonstrate
a strong positive relationship between effective corporate governance practices and the financial
performance of Bralirwa Plc. The study highlights that transparency, accountability, and
stakeholder engagement play vital roles in boosting profitability and building investor confidence.
Additionally, while the company has implemented solid governance frameworks, there are areas
for improvement, particularly in risk management and compliance, which could enhance financial
results even further. The study concludes that strong corporate governance practices have a
significant positive impact on the financial performance of Bralirwa Plc. Key factors such as
transparency, accountability, and effective stakeholder engagement are essential for enhancing
profitability and overall financial metrics.
