The Efficacy Of The Corporate Legal Regime In Kenya; A Critical Analysis

The contribution of companies to the economic development of any country can no longer be underestimated. Companies play a vital role as mechanisms of generating business, sources of employment, and avenues of government revenue through taxation.

Nevertheless, effectiveness of companies and their success and sustainability so much depends on the effectiveness and strength of the legal and enforcement framework governing management and control of companies. This raises the crucial issue of whether Kenya's legal and policy framework contains extensive provision for effective management of companies to ensure their success and sustainability.