Cyton report says Safaricom, KCB, NSE best in corporate governance

Cytons Investment Associate, John Ndua. Cyton (CGR) report indicates that Safaricom, KCB and NSE as best corporate governance companies in Kenya. [Photo: Courtesy]

Cyton Corporate Governance Report indicates that Safaricom, Kenya Commercial Bank and Nairobi securities Exchange as best corporate governance companies in Kenya.

Considering the share price performance in the last five years, the annual report (Cyton CGR) demonstrated that firms with higher levels of corporate governance in the top 50 percent in Cyton CGR, outdid those with lower levels of the same by 15 percent in the bottom 50 percent in Cyton CGR.