East African journal of business and economics最新文献

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Rural Roads Maintenance and Households’ Wellbeing 农村道路维护与家庭福祉
East African journal of business and economics Pub Date : 2024-07-04 DOI: 10.37284/eajbe.7.1.2021
Muiruri Benard Mwangi, P. Omboto, David Kungu
{"title":"Rural Roads Maintenance and Households’ Wellbeing","authors":"Muiruri Benard Mwangi, P. Omboto, David Kungu","doi":"10.37284/eajbe.7.1.2021","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.2021","url":null,"abstract":"Infrastructure development is a key ingredient not only in economic growth of a country but the general well-being of the local communities in Kenya. However, with the numerous benefits associated with infrastructural development, many rural roads in the country in general and Kericho County in particular are still impassible, especially during the rainy season and dusty during dry periods. Therefore, the purpose of the study was to examine the rural road maintenance and well-being in Kericho County. The study was guided by the pragmatism philosophical paradigm and mixed research design. The study was undertaken in Kericho County whose target population is 206,036 households from which a sample of 382 were selected. Descriptive statistics was employed to analyze quantitative data. This included the measure of central tendency and the measure of dispersion. Statistical inferences were drawn using correlation analysis. Qualitative data was analyzed using content analysis based on analysis of meanings and integrated with quantitative data. The findings revealed that rural road maintenance had a positive effect on household well-being (R=0.829, P<0.05). The County Government's performance was above average in repaving, pothole maintenance, and road reconstruction initiatives. The study concluded that rural road maintenance positively and significantly influences household well-being. The study recommended that the County Government adds resources for the maintenance of roads to improve accessibility","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":" 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141679420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Influence of Contractors’ Selection Attributes. A Study of Public Construction Projects Performance in Kenya 承包商选择属性的影响。肯尼亚公共建筑项目绩效研究
East African journal of business and economics Pub Date : 2024-07-03 DOI: 10.37284/eajbe.7.1.2017
Harrison Wachira Kiiru, G. Wanyona, S. Diang’a, John Kihoro
{"title":"The Influence of Contractors’ Selection Attributes. A Study of Public Construction Projects Performance in Kenya","authors":"Harrison Wachira Kiiru, G. Wanyona, S. Diang’a, John Kihoro","doi":"10.37284/eajbe.7.1.2017","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.2017","url":null,"abstract":"This paper evaluated the influence of contractors’ selection attributes on public construction project performance in Kenya. This research contends that an investigation into contractors’ selection attributes at the tender evaluation stage is important to enhance the likelihood of public construction project success performance. The study used a survey method and administered questionnaires to 263 respondents selected through stratified sampling. One hundred and eighty-nine (189) practitioners and professionals in state agencies returned filed questionnaires representing a 71.86% return rate. The literature review and interview reveal thirteen contractor selection variables and six project performance criteria. SPSS was used to analyse the data set obtained for reliability, normality, correlation, and logit regression test. Logit regression analysis reveals the omnibus test of model coefficients converged (Chi-square=26.116, df=13, p=0.016). The model summary reveals Nagelkerke R^2 of 0.246 indicating a relationship of 24.6% between the thirteen predictor variables and project performance indicators. It was found that contractors quoted tender price (Exp (B) = 1.866), innovation (Exp (B) = 2.808), and occupation health and safety (Exp (B) = 0.358) significantly influence the performance of public construction projects when all other contractor's selection variables are controlled. This indicates that the contractor’s quoted tender price, innovation, and occupation health and safety explain well the success of the public construction project from thea six (performance by budget, time, procuring entity satisfaction, environmental sustainability, quality specifications, and fulfilling public need) project performance indicators","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"68 s275","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141682228","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Assessment of Relationship Between Human Resource Planning Strategies and Job Satisfaction in the Lake Region Economic Bloc County Governments in Kenya 肯尼亚湖区经济集团县政府人力资源规划战略与工作满意度之间关系的评估
East African journal of business and economics Pub Date : 2024-07-01 DOI: 10.37284/eajbe.7.1.2011
Joash Omosa, Grace Mwangi, Caroline Igoki, Ruth Muriithi
{"title":"Assessment of Relationship Between Human Resource Planning Strategies and Job Satisfaction in the Lake Region Economic Bloc County Governments in Kenya","authors":"Joash Omosa, Grace Mwangi, Caroline Igoki, Ruth Muriithi","doi":"10.37284/eajbe.7.1.2011","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.2011","url":null,"abstract":"Human resource planning encompasses predicting quantity, quality and category of human resources requirements in organizations to ensure that they are suitably redeployed and utilized optimally by organizations. Accurate predictions ease the rationalization of staff to improve its performance and create a conducive working environment. In that regard, organizations in the public and private sectors are formulating and deploying several strategies to enhance employee job satisfaction and gain a competitive edge. Despite the emphasis on job satisfaction, a review of available literature indicated limited focus on the relationship between human resource planning strategies and job satisfaction. This paper assessed the relationship between human resource planning strategies and job satisfaction in Kenya's Lake Region Economic Bloc County Governments. The study used the equity theory and the target population was all employees engaged by the 14 counties in Kenya's Lake Region Economic Bloc County Governments. Three counties: Kisumu, Bomet and Kakamega, which had employed 14,361 workers were sampled. The study sample consisted of 374 respondents, who arrived at the study using the Morgan and Krejcie sampling formula. A questionnaire was used to collect data analysed using SPSS for descriptive and inferential statistics and presented using tables. Regression analysis indicated that human resource planning strategies are positively and significantly related to job satisfaction (B = 0.939, p = .000). Thus, the study concluded that a significant relationship exists between human resource planning strategies and job satisfaction in Kenya's Lake Region Economic Bloc County Governments. The study recommends that county governments in the Lake Region Economic Bloc in Kenya emphasize implementing forecasting and restructuring strategies objectively and rationally to enhance employees' job satisfaction","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"332 1‐2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141708295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An Empirical Analysis of the Relationship between Project Planning Management and Performance of Selected Mega-dam Projects in Kenya 肯尼亚部分大型水坝项目的项目规划管理与绩效之间关系的实证分析
East African journal of business and economics Pub Date : 2024-04-23 DOI: 10.37284/eajbe.7.1.1882
Michael Bongei, Paul Sang, M. Mutuku
{"title":"An Empirical Analysis of the Relationship between Project Planning Management and Performance of Selected Mega-dam Projects in Kenya","authors":"Michael Bongei, Paul Sang, M. Mutuku","doi":"10.37284/eajbe.7.1.1882","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1882","url":null,"abstract":"The main objective of this paper was to determine the relationship between project planning management and the performance of mega-dam projects in Kenya. This study was guided by positivist research philosophy. A descriptive cross-sectional survey research design was adopted. In this study, the unit of analysis was 18 mega-dam projects launched and completed across Kenya as listed under the Ministry of Water, Sanitation, and Irrigation (MoWSI) while the unit of observation was the respective three officials (project manager, project engineer, geospatial engineer) in the MoWSI. A Census of all mega-dams completed in Kenya was conducted. In addition, the study purposively interviewed 5 key stakeholders including the cabinet secretary, permanent secretary from the MWSI, donor, contractor, and one randomly selected beneficiary from the community with the target mega-dam. This formed a total sample size of 180 respondents. Primary data was collected using the semi-structured questionnaires as well as the Key Informant Interview (KII) guide. The combination of quantitative and qualitative data from multiple sources and perspectives provided a more comprehensive and robust understanding. Pretesting was done by way of pilot testing to ascertain the validity and reliability of the tools. Descriptive and inferential statistics were used to summarize and describe the key characteristics of the data, as well as draw conclusions and make inferences. Correlation snalysis found that project planning management had a positive significant relationship with the performance of selected mega-dam projects in Kenya (r= 0.869, p<0.05). Furthermore, regression found that the project planning management coefficient is 0.497, suggesting that a one-unit improvement in project planning management corresponds to a 0.497 improvement in the performance of these mega-dam projects. Based on the findings, the study concluded that project planning management positively and significantly influences the performance of selected mega-dam projects in Kenya. This study therefore recommends that project managers should give priority to project planning management","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"26 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140666522","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Investigating the Influence of Project Initiation Management on Performance of Mega-dam Projects: Empirical Evidence from Kenya 调查项目启动管理对大型水坝项目绩效的影响:肯尼亚的经验证据
East African journal of business and economics Pub Date : 2024-04-23 DOI: 10.37284/eajbe.7.1.1883
Michael Bongei, Paul Sang, M. Mutuku
{"title":"Investigating the Influence of Project Initiation Management on Performance of Mega-dam Projects: Empirical Evidence from Kenya","authors":"Michael Bongei, Paul Sang, M. Mutuku","doi":"10.37284/eajbe.7.1.1883","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1883","url":null,"abstract":"Performance of large projects including mega-dams could be associated with strict adherence to project life cycle (PLC) phases while considering the risks such as displacement of people and natural ecosystem disturbance. Understanding these risks helps project managers and stakeholders make informed decisions thus creating a positive legacy for the project in the long run. The main objective of the research was to determine how project initiation management influences the performance of mega-dam projects in Kenya. This study was guided by positivist research philosophy. A descriptive cross-sectional survey research design was adopted. In this study, the unit of analysis was 18 mega-dam projects launched and completed across Kenya as listed under the Ministry of Water, Sanitation, and Irrigation (MoWSI) while the unit of observation was the respective three officials (project manager, project engineer, geospatial engineer) in the MoWSI. A Census of all mega-dams completed in Kenya was conducted. In addition, the study purposively interviewed 5 key stakeholders including the cabinet secretary, permanent secretary from the MWSI, donor, contractor, and one randomly selected beneficiary from the community with the target mega-dam. This formed a total sample size of 180 respondents. Primary data was collected using the semi-structured questionnaires as well as the Key Informant Interview (KII) guide. Quantitative and qualitative data from multiple sources and perspectives provided a more comprehensive and robust understanding. Pretesting was done by way of pilot testing to ascertain the validity and reliability of the tools. Descriptive and inferential statistics were used to summarize and describe the key characteristics of the data, as well as draw conclusions and make inferences. Correlation findings showed that project initiation management and performance of selected mega-dam projects in Kenya have a strong positive and significant relationship (r= 0.874, p<0.05). In addition, regression findings showed that one-unit rise in project initiation management corresponds to a 0.433 improvement in the performance of these mega-dam projects. Based on the findings, the study concluded that project initiation management positively and significantly influences the performance of selected mega-dam projects in Kenya. This study therefore recommends that project managers should give priority to project initiation management","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"6 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140667688","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Mediating Effect of Motivation on the Association between Employee Compensation and Employee Performance in Kenyan Chartered Public Universities 激励对肯尼亚特许公立大学员工薪酬与员工绩效之间关系的中介效应
East African journal of business and economics Pub Date : 2024-04-17 DOI: 10.37284/eajbe.7.1.1592
Ruth A Mitalo, K. Wanyama
{"title":"Mediating Effect of Motivation on the Association between Employee Compensation and Employee Performance in Kenyan Chartered Public Universities","authors":"Ruth A Mitalo, K. Wanyama","doi":"10.37284/eajbe.7.1.1592","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1592","url":null,"abstract":"Compensation is crucial to the employee-employer relationship, affecting satisfaction, turnover, absenteeism, commitment, and trust. Fairness in incentives distribution and supportive supervisors are key to motivating academic staff and enhancing performance. This study aimed to examine the effect of employee motivation on the relationship between compensation and performance in Kenyan chartered public universities. The study was based on Expectancy and Maslow Theory. The study adopted positivist research philosophy. It utilized a positivist research approach, adopting a descriptive cross-sectional design. A pilot study was carried out at one university to validate the data collection instrument. Reliability results indicated a Cronbach Alpha value of 0.920. 247 questionnaires were returned out of 382 administered, thus giving a response rate of 64.7%. Data on compensation, motivation, and performance were collected through a questionnaire. Descriptive and inferential statistics were employed for analysis. Results showed that motivation mediates the relationship between compensation and performance (R2=0.348, F=66.563, p<0.05), positively and significantly. The study concludes that the relationship between employee compensation and employee performance is mediated by positively and significantly by motivation. The study recommends that compensation programs should be well structured so as to promote fairness and also motivate employees","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":" 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140692945","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
From Reform to Resurgence on Somalia's Journey to Economic Stability and Global Confidence 从改革到复兴,索马里实现经济稳定和全球信心的历程
East African journal of business and economics Pub Date : 2024-04-05 DOI: 10.37284/eajbe.7.1.1854
Mohamed Hassan Mohamed
{"title":"From Reform to Resurgence on Somalia's Journey to Economic Stability and Global Confidence","authors":"Mohamed Hassan Mohamed","doi":"10.37284/eajbe.7.1.1854","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1854","url":null,"abstract":"Examining Somalia's journey from political instability to economic recovery, this analysis focuses on the significant impact of recent efforts to relieve the country's debt burden. A major achievement was Somalia's successful inclusion in the Heavily Indebted Poor Countries (HIPC) initiative, which granted the nation relief from repaying its debts. This article aims to explore the complex landscape, thoroughly examining the essential role of debt relief. It dissects the factors contributing to economic stability, evaluates the newfound global confidence, analyses elements enhancing investor appeal, and navigates the challenges and opportunities defining the nation's economic resurgence. The challenges arising from the debt write-off include the effective implementation of economic reforms, managing heightened expectations, and addressing the persistent historical political instability that requires ongoing attention. Despite these challenges, opportunities emerge, providing Somalia with the chance to strategically reallocate resources to vital sectors, enhance its attractiveness to investors, and engage in potential global collaborations. This exploration concludes by outlining policy implications for Somalia's policymakers. It emphasizes the importance of sustainable economic reforms, initiatives promoting political stability, prudent resource allocation, the implementation of investor-friendly policies, active participation in international collaborations, and targeted efforts to promote investment. Addressing these policy implications could empower Somalia to transform challenges into catalysts for sustained economic growth and development, charting a course toward a prosperous and resilient future","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"39 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140737472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Messenger Marketing Platforms and Performance of Tour Operating Companies in Kenya 肯尼亚旅游经营公司的信使营销平台和业绩
East African journal of business and economics Pub Date : 2024-04-03 DOI: 10.37284/eajbe.7.1.1849
Mercy Kaari Bii, Alfred Bett, L. Langat, Janet Kimeto
{"title":"Messenger Marketing Platforms and Performance of Tour Operating Companies in Kenya","authors":"Mercy Kaari Bii, Alfred Bett, L. Langat, Janet Kimeto","doi":"10.37284/eajbe.7.1.1849","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1849","url":null,"abstract":"Messenger marketing is part of global digital trend that acts as a new avenue for tour firms to adopt based on convenience in interaction, ability to reach more audiences and collaboration with customers. The study aimed to examine the effect of messenger marketing on performance of tour operating companies in Kenya. The study was anchored on diffusion innovation theory. Cross-sectional and correlational research design were utilized. The study applied census approach to a target population of 212 general managers of tour operating companies. Online and physical questionnaires were used to collect primary data. The supervisors and experts were used to examine validity of the instrument while Cronbach Alpha was adopted to test reliability was 0.783 which was above a threshold of 0.7, hence reliable. Descriptive statistics consisting of mean and standard deviations were used to summarize data while simple linear regression was used to test significance at 5%. The results revealed that messenger marketing platform was practiced by the tour operating companies through using mobile services platform for sending messages, chatting and soliciting sales. It also assisted in obtaining customer feedback, blogging and chatting with customers. However, the Chatbots were hardly used by firms which adopted artificial intelligence in communicating, sending random messages and could be integrated to existing online platforms. The results indicated that messenger marketing had positive significant effect on the performance of tour operating companies (β1=0.428, P = 0.000<0.05). The study concludes that messenger marketing platform marketing significantly influenced performance of tour operating companies. The study recommends tour operating companies should apply Chatbots, mobile service, mobile commerce and conversation commerce to enhance customer relationship and improve performance","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"323 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140750127","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Asymmetric Analysis of the Impact of Taxation on Unemployment in Uganda 乌干达税收对失业影响的不对称分析
East African journal of business and economics Pub Date : 2024-02-29 DOI: 10.37284/eajbe.7.1.1790
James Mukoki, Ibrahim Mukisa, Kurayish Ssebulime, Edward Musoke
{"title":"Asymmetric Analysis of the Impact of Taxation on Unemployment in Uganda","authors":"James Mukoki, Ibrahim Mukisa, Kurayish Ssebulime, Edward Musoke","doi":"10.37284/eajbe.7.1.1790","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1790","url":null,"abstract":"Uganda, like most developing countries, has one of the highest tax rates not only in Africa but also in the world. This explains the numerous challenges faced in mobilizing sufficient revenues to fight poverty and improve people’s economic welfare. We, therefore, use a more recent nonlinear autoregressive distributed lag model (NARDL) to analyze the impact of higher taxes on the unemployment rate in Uganda. Results indicate that total Unemployment in Uganda is a negative function of both an increase in tax and a negative change in tax. Specifically, if taxes increase, then unemployment decreases by almost 3.9%, and if taxes decrease, then unemployment increases by about 4.9%. Also, the unemployment level decreased by 0.06% with a decrease in the gross capital formation (GFKF). Finally, unemployment also decreases with a rise in GDP and decreases with a decrease in GDP. In a nutshell, Uganda lacks the possibility of making the economy more productive and thus only relies on taxing an already overtaxed economy. Overtaxing an economy kills the possibility of ever building a formidable capital base that can stimulate economic growth and reduce poverty and unemployment. The government, therefore, should cut taxes and level the playing field regarding tax policies for foreign and home-grown investors. Finally, policymakers should also aim to unlock the potential of the informal sector not only to create jobs but also to widen the tax base","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"7 14","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140409699","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Composition and Financial Performance of Farmers' Cooperative Societies in Kericho County, Kenya 肯尼亚凯里乔县农民合作社的组成和财务业绩
East African journal of business and economics Pub Date : 2024-01-29 DOI: 10.37284/eajbe.7.1.1723
Kirui Jepkemoi Susan, P. Langat, Raymond Kemboi
{"title":"Composition and Financial Performance of Farmers' Cooperative Societies in Kericho County, Kenya","authors":"Kirui Jepkemoi Susan, P. Langat, Raymond Kemboi","doi":"10.37284/eajbe.7.1.1723","DOIUrl":"https://doi.org/10.37284/eajbe.7.1.1723","url":null,"abstract":"The main focus of this study was to analyse the relationship between board composition and the financial performance of farmers' cooperative societies in Kericho County, Kenya. The study was based on the Stakeholder Theory and adopted a correlational research design. The target population consisted of accounting officers, auditors, chief executive officers, directors, managers, and employees from the 51 farmers' cooperative societies registered by the Ministry of Cooperatives in Kericho County. A sample size of 303 participants was determined through Yamane's (1967) formula. Data was collected using a structured questionnaire, and subject experts were consulted to enhance the validity of the research instrument. The instrument's reliability was measured using Cronbach's alpha coefficient, which yielded a result of 0.8999, indicating sufficient reliability for the study. A pilot study was conducted in Bomet County, using 10% of the sample size to evaluate the research instrument's validity. The data from the study was analysed using descriptive statistics, that is, mean and standard deviation, and inferential statistics using correlation and multiple regressions. The results were presented using frequency tables. The study found that board composition was statistically significant (Beta=0.431; p=0.000<0.055) and positively influenced the financial performance of farmers' cooperative societies. Overall, the study concluded that board composition had a positive statistically significant relationship with the financial performance of the farmer cooperative societies. The findings from this study could be used to improve the delivery of services to farmers by cooperative society management. It can also help policymakers, such as the government and other stakeholders, make informed decisions and policies to enhance the performance of cooperative societies across the country. Finally, the study's findings will benefit researchers interested in studying the relationship between board composition and the financial performance of farmers' cooperative societies.","PeriodicalId":474170,"journal":{"name":"East African journal of business and economics","volume":"57 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140487770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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