Corporate governance practices and financial sustainability of SACCOs in greater Bushenyi Uganda: The moderating role of technology implementation

This study develops a conceptual framework that examines the relationship between corporate governance practices and the financial sustainability of Savings and Credit Cooperative Organizations (SACCOs) in Uganda, with technology implementation conceptualized as a moderating variable. Drawing upon agency theory, stewardship theory, and the resource-based view, this research paper elucidates how board composition, transparency, risk management, and regulatory compliance influence financial sustainability, which is measured in terms of revenue growth, capital adequacy, and operating cash flows. Employing a conceptual research design grounded in a comprehensive review of empirical and theoretical literature, the findings indicate that effective corporate governance practices enhance the financial sustainability of SACCOs by strengthening accountability, transparency, and decision-making processes. The analysis further reveals that technology implementation moderates these relationships by improving operational efficiency, enhancing risk monitoring, and facilitating timely information flow, thus supporting effective oversight and strategic performance. The study recommends that SACCOs invest in cost-effective digital infrastructure, bolster the technological capacity of boards and management teams, and that regulators formulate supportive digital governance policies. Overall, this research paper contributes to the corporate governance literature by integrating technology as a moderating construct within the governance-sustainability relationship and proposes a framework to guide future empirical research on SACCOs in developing countries.