| dc.description.abstract | This study investigated how regulatory compliance and corporate governance impact the sustainable performance of manufacturing firms . The research was guided by three main objectives: to determine the effect of regulatory compliance on sustainable performance, to examine the effect of corporate governance on sustainable performance, and to assess the combined effect of regulatory compliance and corporate governance on the sustainable performance of manufacturing firms . The research adopted a cross-sectional and correlational survey design, utilizing a quantitative approach to gather data from 232 respondents, these include top managers, procurement managers, and operations and production managers in Kampala's manufacturing firms. A survey questionnaire method was employed, and the collected data were analyzed using the Statistical Package for Social Science (SPSS Version 23). The study revealed that Regulatory compliance (B=0.581, p =0.00), Social norms and values (B=0.613, p=0.00), controls (B=0.475, p=0.000), deterrence (B=0.166, p =0.00), legitimacy (b=0.336, p=0.00), Corporate social responsibility (B=0.259, p=0.030), ethics (B=0.116, p =0.00), board effectiveness (B=0.254, p=0.00), corporate governance (B=0.586, p=0.030) and composite of regulatory compliance and corporate governance (B=0.758, p=0.00) to have a positive effect on sustainable performance. The findings suggest that when manufacturing firms adhere to regulatory compliance and corporate governance principles, they can achieve sustainable performance. Consequently, the study proposes that companies establish and regularly update their ethical code of conduct, prioritizing integrity and honesty in their operations to uphold product quality, enhance the company's image, and gain a competitive edge.
Additionally, the research recommends the integration of business ethics into the value chain and the promotion of human rights in company operations. To enhance environmental and social sustainability, it suggests implementing ethical practices such as digital storage of documents, records, receipts, and emails, ensuring compliance with legal, tax, and commercial regulations. In terms of controls, organizations are advised to consistently update and reinforce internal processes, provide regulatory training for employees, and establish committees to liaise with regulatory bodies for optimal compliance. Finally, the study suggests that companies initiate programs directly benefiting communities to enhance their well-being. The outcomes of this study are anticipated to be advantageous for manufacturing firms, the Uganda Manufacturers Association (UMA), and the Ministry of Trade and Cooperation. | en_US |
