PhD DISSERTATIONS
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Item BUSINESS STRATEGIES, GOVERNMENT POLICIES, INNOVATION PROCESSES AND PERFORMANCE OF LARGE MANUFACTURING FIRMS IN KENYA(2020-11) MUHINDI PATRICK WARUINGE; Prof. Peter Kithae, PhD; Dr. John Cheluget, PhDItem CHANGE MANAGEMENT, SITUATIONAL LEADERSHIP, FARMER CHARACTERISTICS AND SUGARCANE PRODUCTIVITY IN SUGAR FACTORY CANE CATCHMENT AREAS IN KENYA(2022-09) WANJALA AGGREY WALIAULA; Prof. Emmanuel Awuor, PhD.; Dr. Michael Ngala, PhD.Item CORPORATE GOVERNANCE PRINCIPLES, STRATEGIC MANAGEMENT PRACTICES, BUSINESS ENVIRONMENT AND PERFORMANCE OF LARGE MANUFACTURING FIRMS IN KENYA(management university of africa, 2024-10) LUCY KIROGAThe purpose of this study is to examine the relationship between Corporate Governance Principles, Strategic Management Practices, Business Environment and Performance of Large Manufacturing firms in Kenya. The specific objective of the study is to determine the relationship between corporate governance principles and performance of large manufacturing firms in Kenya; to establish the mediating effect of strategic management practices on the relationship between corporate governance principles and performance of large manufacturing firms in Kenya; to establish the moderating effect of business environment on the relationship between corporate governance principles and performance of large manufacturing firms in Kenya and to determine moderated-mediation effect on the corporate governance principles and performance of large manufacturing firms in Kenya. The study was anchored on the Resource Dependence Theory supported the performance of large manufacturing firms in Kenya and was complimented by the Agency theory, the stakeholder theory and the contingency theory. The study target population was the large manufacturing firms. The study adopted mixed research approach. A cross-sectional survey design was adopted. The unit of observation was the top key managers in the key departments (procurement, operations and finance) of the large manufacturing firms. The quantitative data was collected using questionnaires and was coded using the Statistical Package for Social Sciences (SPSS) program. Quantitative data was analyzed using descriptive and inferential statistics which included correlation and multiple regressions. The study results revealed that strong positive correlation (R=0.656) between corporate governance principles and performance of large manufacturing firms in Kenya, and that corporate governance principles accounted for 42.1% of the observed differences in the performance of large manufacturing firms in Kenya, while corporate governance principles and strategic management practices accounted for 55.3% of the observed variance in the performance of large manufacturing firms in Kenya. Further, strategic management practices partially mediate the relationship between corporate governance principles and performance of large manufacturing firms in Kenya. Business environment moderated the relationship between corporate governance principles and performance of large manufacturing firms in Kenya with 60.9% of variation in performance is explained by the interaction between business environment, corporate governance principles project planning and performance. There was a significant moderated mediation effect of business environment and strategic management practices on the relationship between corporate xiii governance principles and performance of large manufacturing firms in Kenya. The study recommends that the manufacturing companies to achieve better performance they should enhance their corporate governance processes by strengthening the autonomy and proficiency of the board. Enhance transparency and disclosure by adopting comprehensive and prompt disclosure methods to provide shareholders and stakeholders with precise and pertinent information on the company's financial performance, governance structures, and risk management practices. Employ electronic platforms and other cutting-edge communication methods to improve the clarity and availability of information.Item CORPORATE GOVERNANCE, SERVICE INNOVATION, GOVERNMENT REGULATIONS AND ORGANISATIONAL PERFORMANCE OF FAITH BASED HOSPITALS IN KENYA(management university of africa, 2024-10) JACOB KIMOTEThe purpose of the study was to establish the relationship between corporate governance, service innovation, government regulations and organizational performance of Faith-Based Hospitals in Kenya. The specific objectives of the study were; to establish the effects of corporate governance on organizational performance of faith-based hospital in Kenya; to determine the mediating effect of service innovation on the relationship between corporate governance and organizational performance of faith-based hospital in Kenya; to examine the moderating effect of government regulations on the relationship between corporate governance and organizational performance of faith-based hospital in Kenya; and to determine the mediated moderation effect of service innovation and government regulation on the relationship between corporate governance and organizational performance of Faith Based Hospitals in Kenya. The study was anchored on the Resource Dependence Theory and employed positivist research philosophy. This study used cross- sectional survey research approach. The study adopted a census method to obtain study population. The unit of analysis consisted of level 4 and 5 Faith-based Hospitals in Kenya while the unit of observation consisted of Finance Director, Executive Director and Medical director of all the target faith-based hospitals. Three hundred and nine questionnaires were administered to Finance Director, Executive Director and Medical director of all faith-based hospitals using purposive sampling. Primary data was collected using a structured questionnaire. Quantitative data was analyzed using Statistical Package for Social Sciences (SPSS version 27). Regression analysis was used in the prediction of causal inferences between the study variables and hypothesis testing. The study observed ethical standards of research: Informed consent, voluntary participation, confidentiality, privacy and anonymity. The study findings indicated that there was a statistically significant correlations between corporate governance and organizational performance of Faith-Based Hospitals in Kenya. Service innovation was found to have a partial mediation effect on the relationship between corporate governance and organizational performance of Faith-Based Hospitals in Kenya. Moreover, government regulations were found to have an enhancing moderating effect on the relationship between corporate governance and organizational performance of Faith Based Hospitals in Kenya. The study recommends that regulations governing faith-based hospitals' adoption of innovative medical services and technology should be simplified and hospitals should engage stakeholders in the process of designing and improving services to make sure that innovations meet their needs and improve results. To improve service delivery and efficiency, faith-based hospitals should embrace advances made possible by technology, such as telemedicine, electronic health records, and mobile health applications.Item CORPORATE LEADERSHIP, POLICY IMPLEMENTATION, STRATEGIC LINKAGES, AND ORGANIZATIONAL PERFORMANCE OF KENYA AGRICULTURAL AND LIVESTOCK RESEARCH ORGANIZATION(2024-06) WARINDA ENOCK; Dr. Domeniter Naomi KathulaItem EMOTIONAL INTELLIGENCE, JOB DEMANDS - RESOURCES, OCCUPATIONAL SELF-EFFICACY AND WORK COMMITMENT OF MILLENNIALS IN KENYA’S TELECOMMUNICATION SECTOR(management university of africa, 2024-10) THAIRU JOYCE WANJIRUThe personal characteristics of employees and the conditions within organizations play a crucial role in fostering favorable work outcomes such as commitment. However, research indicates that many organizations fail to fully grasp and utilize these factors such as emotional intelligence (EI), occupational self-efficacy (OSE), and job demands-resources (JD-R) to their advantage. In addition, there is limited research on their combined effect on millennial workers within Kenya’s telecommunication sector. The main aim of the study was to evaluate the impact of EI, JD-R, and OSE on work commitment (WC) among millennials in Kenya's telecommunication sector. The specific objectives of the study were to examine: the relationship between EI and WC; to determine the moderating effect of JD-R on the relationship between EI and WC; the mediation effect of OSE on the relationship between EI and WC; and the moderation-mediation effect of JD-R and OSE on the relationship between EI and WC of millennial employees in the Kenyan telecommunication sector. The study adopted a positivist research philosophy and cross-sectional research design. A sample of 157 employees, aged between 23 and 43 years, was selected from the IGOs using random sampling techniques. Participants were asked to complete an online survey that measured their EI, JD-R, OSE, and WC. A response rate of 85.4% was achieved (134 respondents). The collected data was analyzed through descriptive and correlational analysis using IBM SPSS version 24 and Macro Process. The study's findings showed that EI, JD-R, and OSE explained 2.6%, 24.5%, and 16.2% of work commitment respectively. In addition, JD-R increased the between EI and WC by 21.7%. The findings imply that EI is significantly associated WC of millennials in Kenya’s telecommunication sector. In addition, JD-R moderated the relationship between EI and WC. Also, OSE mediated partially the relationship between EI and WC. Lastly, JD-R and OSE had a moderated-mediated effect on the relationship between EI and WC of millennial workers in Kenya’s telecommunication sector. The findings may contribute to theory, inform policy, and provide insights into how organizations can enhance employee commitment by promoting EI while enhancing JDR, and OSE.Item EMPLOYEE MOTIVATION, STRATEGY IMPLEMENTATION, STAKEHOLDER ENGAGEMENT AND PERFORMANCE OF LEVEL FOUR GOVERNMENT HOSPITALS IN KENYA(2023-09) NYAMAI EVERLYN MUSANGI; Prof. Thomas Ngui, Ph.D.; Prof. Thomas A. Senaji, Ph.DItem INNOVATIVE LEADERSHIP PRACTICES, DIGITAL TRANSFORMATION, REGULATORY FRAMEWORK AND PERFORMANCE OF COMMERCIAL DOMESTIC AIRLINES IN KENYA(Management University of Africa, 2025-10) ONESMUS KIPNG’ETICHThe aviation industry plays a critical role in connecting markets, enabling trade, and supporting economic growth, yet domestic commercial airlines in Kenya continue to face persistent challenges such as inefficient regulations, high operational costs, and slow adoption of digital technologies. This study examined the influence of innovative leadership on the performance of domestic commercial airlines in Kenya, focusing on the mediating effect of digital transformation and the moderating influence of the regulatory framework. The research was grounded in the Resource-Based View, Technological Determinism, Institutional Theory, and Open Systems Theory. A positivist philosophy and cross-sectional survey design were adopted, targeting 170 senior managers from all 17 licensed domestic airlines. Data were collected through structured questionnaires and analyzed using descriptive statistics, correlation analysis, and multiple regression techniques, including Baron and Kenny’s mediation approach and Hayes’ moderated mediation model. The findings revealed a strong and statistically significant direct effect of innovative leadership practices on organizational performance (R² = 0.640, F = 250.1, p < 0.001), implying that strategic visioning, adaptability, and employee empowerment are essential in driving satisfactory performance among domestic airlines. Regression analysis showed that innovative leadership was a strong predictor of performance (t = 15.818, p < 0.001). Digital transformation was significantly associated with innovative leadership (t = 12.589, p < 0.001) and showed a direct effect on performance (t = 9.555, p < 0.001). However, its mediating effect weakened and became statistically insignificant (t = 1.304, p = 0.194) when innovative leadership was controlled, indicating partial mediation. The regulatory framework significantly moderated the relationship between innovative leadership and organizational performance, with the interaction term being statistically significant (t = 2.239, p = 0.027). The explanatory power of the model improved from R² = 0.640 to R² = 0.726, with a significant R² change (p < 0.05), implying that supportive regulation strengthens the effect of innovative leadership on performance. The moderated mediation model, however, was not supported, as the interaction between regulatory framework and digital transformation was statistically insignificant (t = 1.495, p = 0.135) The study concludes that innovative leadership practices remain the most critical driver of performance among Kenya’s domestic airlines, while digital transformation provides complementary benefits and regulatory frameworks strengthen leadership’s effect when well-aligned with organizational strategies. The study recommends that airline leaders prioritize adaptive and inclusive leadership, invest in advanced aviation technologies, and advocate for regulatory reforms that create an enabling environment for innovation-driven leadership to enhance overall organizational performance.Item INNOVATIVE LEADERSHIP, ORGANISATIONAL CULTURE, REGULATORY FRAMEWORK AND PERFORMANCE OF PENTECOSTAL CHURCHES IN KENYA(2025-09) THOMAS NDETTO NDUNGO; Prof. John Cheluget, PhD; Dr Shadrack Jirma, PhDItem “INTEGRATIVE LEADERSHIP STYLE, STRATEGY IMPLEMENTATION, GOVERNMENT REGULATION, AND ORGANISATIONAL PERFORMANCE OF COMMERCIAL STATE CORPORATIONS IN KENYA”(Management University of Africa, 2025-10) MUNGATANA DANSON BUYAState businesses are essential to Kenya's Vision 2030“which seeks industrialization and enhanced quality of life. Recent statistics from the Kenya National Treasury reveal subpar performance, characterized by substantial cumulative losses in the 2021/2022 financial year. This research aimed to examine the relationship between integrative leadership style, strategy implementation, government restrictions, and organizational performance within these corporations. The goals included evaluating direct linkages, investigating the mediating impacts of strategy implementation, identifying the moderating effects of government regulations, and analyzing the cumulative moderated mediation effect. Utilizing the Full Range Leadership Model and additional theories, the research implemented a cross-sectional survey design, gathering data from top management teams of all 52 commercial state corporations in Kenya via purposive sampling, while adhering rigorously to ethical standards during data analysis. The quantitative data was analyzed using SPSS version 28. The study results revealed that The Pearson correlation coefficient between integrative leadership style and organizational performance was R = 0.730, with a significance level (p-value) of 0.000. The R Square value was 0.533, indicating that about 53.3% of the variation in organizational performance is attributable to the integrative leadership style. Strategy implementation was identified as a partial mediator in the relationship between integrative leadership style and organization performance, suggesting that integrative leadership style affects performance both directly and indirectly via successful strategy implementation. The regression analysis showed a strong relationship (R = 0.748), with 55.9% of organizational performance explained by integrative leadership and government regulations. The study confirmed a significant moderated mediation effect, demonstrating that the impact of integrative leadership on organizational performance, as mediated by strategy implementation, is further influenced by the level of government regulations in commercial state corporations in Kenya. The study recommends that commercial state corporations strategically enhance them strategy implementation processes and ensure compliance with government regulations to improve performance. Key actions include refining resource allocation, clearly communicating strategic goals and fostering an organizational culture that supports effective implementation. Additionally, it emphasizes the importance of aligning internal ethical guidelines with external regulatory standards to create a cohesive framework that promotes both compliance and performance enhancement. By fostering a culture of compliance and ethical conduct in line with legal requirements, leaders can amplify the positive impact of their practices. Proactive engagement with regulatory bodies helps leaders stay informed about policy changes and integrates them into strategic decision-making. This responsiveness not only improves performance but also strengthens accountability and legitimacy. Ultimately, aligning leadership approaches with government regulations enables sustained success and better navigation of complex operational landscapes.”Item INTEGRATIVE LEADERSHIP, EMPLOYEE MOTIVATION, STAKEHOLDER ENGAGEMENT, AND PERFORMANCE OF PUBLIC BOARDING SECONDARY SCHOOLS IN FRONTIER COUNTIES OF KENYA(Management University of Africa, 2023-09) MOHAMED ABDINOOR DAHIRSchool performance in the Frontier Counties Development Counties (FCDC) continue to raise critical questions owing to myriad issues. Kenya Certificate of Secondary Education (KCSE) performance in the region has been so poor that no school has ever featured among the top 100 nationally ranked schools in the Kenya National Examination Council (KNEC) ranking. The best student from the region has never made to the top 100 list of students nationally. Available literature reveals that few studies undertaken in this context in the past have been biased majorly on gender distribution hence the study was likely to be prejudiced during data collection. This study therefore aimed at assessing the effect of integrative leadership, employee motivation, and stakeholder engagement on the performance of public boarding secondary schools in selected Counties under the FCDC Kenya. The research objectives were clearly defined: To determine the effect of integrative leadership on the performance of public boarding secondary schools in selected Counties under the FCDC Kenya; to ascertain the mediating effect of employee motivation on the relationship between integrative leadership and performance of public boarding secondary schools in selected Counties under the FCDC Kenya; to establish the moderating effect of stakeholder engagement on the relationship between integrative leadership and performance of public boarding secondary schools in selected Counties under the FCDC Kenya, and to determine mediation–moderator effect of employee motivation and stakeholder engagement on the relationship between integrative leadership and performance of public boarding secondary schools in selected Counties under the FCDC Kenya. This research was rooted in the Full Range Leadership Theory, emphasizing integrative leadership variables. Employing a pragmatic research philosophy, the study utilized a mix of research approaches and strategies. The study covered a wider geographic scope, but the researcher deployed multiple assistants during the data collection to save on time. The study involved a comprehensive sample size of 440 participants, including student leaders, teachers, principals, Board of Management representatives, county directors of education, TSC county directors, and development partners. Unlike previous studies, which often exhibited gender bias, this research included mixed-gender public boarding secondary schools, ensuring a more comprehensive understanding. The selection of the current study through the involvement of mixed public boarding secondary schools was expected to bridge the knowledge gap brought about by other studies. Questionnaires were administered to teachers and students, while interviews were conducted with principals, BOM representatives, and County Directors. Data analysis included both quantitative techniques (descriptive and inferential statistics) and qualitative methods, organizing qualitative data into thematic categories. The findings confirmed a significant positive relationship between integrative leadership and school performance. Additionally, employee motivation partially mediated this relationship, indicating its role in enhancing performance. Furthermore, stakeholder engagement emerged as a significant moderating factor, enhancing the positive impact of integrative leadership on school performance. The study also found a significant mediation-moderation effect of employee motivation and stakeholder engagement on the relationship between integrative leadership and the school performance. The study suggests longitudinal study that tracks the performance of public boarding secondary schools in selected counties over time and assesses the impact of integrative leadership, employee motivation, and stakeholder engagement on the overall school performance.Item INTEGRATIVE LEADERSHIP, VALUE CHAIN MANAGEMENT, REGULATORY FRAMEWORK AND PERFORMANCE OF FRESH TOMATO AGRIBUSINESS IN KENYA LAKE REGION ECONOMIC BLOC(2024-10) Muguna Stephen Bundi; Prof. Emmanuel Awuor, PhD; Dr. Paul Machoka, PhDItem LEADERSHIP STYLE, FINANCIAL INNOVATION, BANKING REGULATION AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN KENYA(management university of africa, 2022-09) WERU MWANGILeadership style has been considered a critical factor influencing financial performance of firms across the globe. Commercial banks in Kenya have registered mixed financial performance results over the past ten years despite the homogeneity of the industry market conditions. Disparity in financial performance prompted the need to assess if leadership style could be responsible. Relationship between leadership style and financial performance have been studied with mixed findings indicating a possibility of other factor-variable roles in mediating or moderation. Financial innovation being considered a leader’s decision, and banking regulations as factor outside leader’s decision ambit, could possibly define this relationship. However little or no empirical evidence have been documented to explain these phenomena prompting the need for this study. The study was guided by the specific objectives namely to establish the influence of leadership style on the financial performance of commercial banks operating in Kenya; examine the intervening effect of financial innovation on the relationship between leadership style and the financial performance of commercial banks operating in Kenya; determine the moderating effect of banking regulation on the relationship between leadership style and financial performance of commercial banks in Kenya; and determine the moderating effect of banking regulation on the mediating role of financial innovation on the relationship between leadership style and financial performance of commercial banks in Kenya. The study was anchored on Behavioral Leadership Theory, Diffusion of Innovation Theory, Agency Theory and Stakeholder Theory. The study adopted a positivist philosophy; correlational and cross-sectional research deigns and a target population comprising management staff working in commercial banks. 385 respondents were selected from 10,395 management staff. Primary data was collected using structured questionnaires with data being analyzed using both descriptive and inferential statistics. Descriptive statistics such as frequency, percentages, means and standard deviations were adopted while correlation analysis was used to establish the strength and direction of relationship between the variables. Regression PROCESS conditional analysis was used to establish the meditation, moderation and moderated-mediated analysis. Parametric test statistics was adopted to establish the significance influence of variable effect at 95% level of significance as well as to test the study hypothesis. The findings indicated that there exists a partial mediation effect on the mediating role of financial innovation on the relationship between leadership style and financial performance. Further, there is a significant negative moderating effect of banking regulation on the relationship between leadership style and financial performance of commercial banks in Kenya. Lastly, the study findings indicated that there exists negative and significant moderating effect of banking regulation on the mediating role of financial innovation in mediating the relationship between leadership style and financial performance of commercial banks in Kenya. The study recommended that that top managers of the commercial banks need to take up effective transformational and democratic leadership style in their management programs. The leaders within banks should emphasize research and development and ensure that the working environment is suitable for creativity and innovation. Lastly, the study recommends that bank managers and owners abide by the banking regulations according to the CBK guidelines. Limitations wise, some banks considered information on banking innovation and impacts of regulation to be confidential and were therefore reluctant to respond to the questionnaire. Some bank managers also indicated that it was against their company policy to divulge any information on the company operations. The researcher took time to convince the respondents by informing them that the data was purely for research purposes. In some cases, alternative respondents were identified using the multi-level sampling method.Item MERGERS AND ACQUISITION REGULATORY FRAMEWORK, CHANGE MANAGEMENT AND THE PERFORMANCE OF SELECTED OIL AND GAS COMPANIES IN GHANA(Management University of Africa, 2025-10) AHMED MOHAMMEDThe study investigated relationships among mergers and acquisitions (M&A), regulatory frameworks, change management, and organizational performance of locally owned oil and gas companies in Ghana. Specifically, it examined direct effect of M&A activities on firm performance, assessed moderating role of change management practices, and analyzed mediating influence of regulatory frameworks within this relationship. The study was driven by persistent challenge that, despite Ghana’s oil and gas industry being central pillar of national economic growth, indigenous enterprises continue to struggle against multinational corporations due to limited financial capacity, weak institutional systems, and unstable regulatory environments. Anchored in Classical Organizational Theory, which emphasizes structural efficiency, supported by Contingency Theory, which advocates strategic alignment with environmental conditions, and Resource-Based Theory (RBT), which underscores importance of internal capabilities as sources of competitive advantage, the study adopted positivist research philosophy and employed cross-sectional survey design. Unit of analysis comprised managers from nine major oil marketing companies operating nationwide, while unit of observation consisted of 400 employees at different hierarchical levels. Pilot test on 10 percent of sample verified reliability and validity of research instruments. Data were gathered using structured self-administered questionnaires and analyzed through SPSS Version 28, utilizing descriptive statistics, multiple regression, and structural equation modeling to test hypotheses. The study revealed considerable but negative association between intensity of M&A activity and organizational performance, suggesting that frequent mergers were largely disruptive initially. However, there were established change management practices that would moderate effect by improving engagement, communication, and cultural integration among employees at organizations after a merger. Furthermore, regulatory frameworks provided partial mediation indicating that continuous enforcement of policies and clear governance would enhance post-merger performance outcomes. This thesis improves theoretical insights in context by placing classical, contingency, and resource-based perspectives in Ghana's oil sector to show how combined adaptive management, institutional compliance, and resource optimization improve competitiveness. It concludes that integration of strong change management systems, well-functioning regulatory oversight, and strategic resource deployment leads to greater resilience, operational sustainability and superior performance of Ghanaian oil and gas companies.Item PILLARS OF CORPORATE GOVERNANCE, INVESTMENT POLICIES, GOVERNMENT REGULATIONS AND PERFORMANCE OF PENSION FUND MANAGERS IN KENYA(management university of africa, 2022-09) DEROW ADEN ALIPension fund performance has received increased attention across the world with public pension fund performing dismally when compared to private pension fund. Pension funds' performance in Kenya has been facing myriads of challenges ranging from poor administration and investments of pension funds, lack of transparency and accountability, non-remittance of monthly contributions by employers, misappropriation of scheme assets by the trustees, loss of scheme funds through negligence of trustees and poor investment of the scheme assets. The broad objective of this study was to examine the relationships between pillars of corporate governance, investment policies, government regulations and performance of pension fund managers in Kenya. The study sought to determine the intervening effect of investment policies on the relationship between pillars of corporate governance and performance of pension fund managers in Kenya; to establish the moderating effect of government regulations on the relationship between pillars of corporate governance and performance of pension fund managers in Kenya; and to determine the moderation - mediator effect on the relationship between pillars of corporate governance and performance of pension fund managers in Kenya. Neoclassical theory, Q-theory, contingency theory and stakeholder theory was used in the study. This study adopted positivism philosophy. The study employed a cross-sectional survey design whereby access to the widest possible amount of data from the targeted Fund Managers in Kenya was sought. The population of interest of the study was 31 Fund Managers in Kenya licensed by RBA and CMA. The study used purely primary data sources. Primary data was obtained from the selected respondents. Primary data was collected through questionnaire. Regression analysis was used to establish the relative significance of each of the variables on the influence of pillars of corporate governance, investment policies, government regulations on the performance of pension fund managers in Kenya. The study findings indicated that there was significant relationship between pillars of corporate governance and performance of pension fund managers in Kenya. In addition, the findings indicated that there was a partial intervening effect of investment policies in the relationship between pillars of corporate governance and performance of pension fund managers in Kenya. There was a significant moderating effect of government regulations on the relationship between pillars of corporate governance and performance of pension fund managers in Kenya. Lastly, there was a significant moderation – mediator effect on the relationship between pillars of corporate governance and performance of pension fund managers in Kenya. The study concluded that pillars of corporate governance practices being implemented had been incorporated in the Pension Fund’s investment management decisions with its assets being more diversified and having enhanced reporting on investments. This implied that the adoption of the regulations from the regulatory bodies such as number of trustees, tax on non-exempt incomes of pension fund members, regulatory meetings, risk tolerance limits imposed by the RBA, competition as stipulated by RBA led to better performance. The study recommended on pension reforms, by creating a new class of potential activist shareholders in the form of pension funds, could in principle improve corporate governance and increased shareholder discipline. The study recommend that the pension fund managers must work with stakeholders to bring about a harmonized, workable and transparent legislative and institutional framework for the retirement benefits industry. Lastly, the study recommends that the governing body of the pension fund should set forth in a written statement and actively observe an overall investment policy.Item PROJECT PLANNING, COMMUNITY PARTICIPATION, GOVERNMENT REGULATIONS AND PERFORMANCE OF ROAD PROJECTS IN ARID AND SEMI ARID COUNTIES IN KENYA(management university of africa, 2024-10) TIKSAN ABDIThe road construction industry is inherently complex due to the involvement of numerous parties, including the government, contractors, consultants, stakeholders, and regulators. In Kenya, road projects have been facing challenges, resulting in delays, increased costs, and subpar quality. This study objectives are to assess the effect of project planning on performance of road projects in arid and semi-arid counties in Kenya, to determining the mediation effect of community participation on the relationship between project planning and performance of road projects in arid and semi-arid counties in Kenya, To evaluate how government regulations influence the relationship between project planning and the performance of road projects in arid and semi-arid counties in Kenya, as well as to determine the moderated mediation effect of government regulations and community participation on this relationship. The study was anchored on theory of constraints and supported by Stakeholder Theory, Resource Based View Theory and Regulation Theory. The study adopted positivism philosophy. The study applied a cross-sectional survey design and used census sample method. The study population were the 88 completed road projects in 22 Arid and Semi-arid counties in Kenya. The study adopted convenience sampling technique where primary data was collected using a questionnaire from 198 respondents. The study respondents were the contracted company's project managers, county public works officers and the local community leaders who are most advantageously placed and in the best position to provide the information required. Quantitative data was analyzed using descriptive and inferential statistics which included correlation and multiple regressions. The study results revealed that strong positive correlation (R=0.648) between project planning and performance of road projects; strong positive and statistically significant correlation (R=0.718) between project planning, community participation and performance of road projects; and that 51% (R2=0.510) of variation in and performance of road projects is explained by the project planning, community participation. Further, community participation partially mediates the relationship between project planning and performance of road projects. Moreover, a significant effect of government regulations on the relationship between the project planning and performance of road projects was observed besides a strong, positive and statistically significant correlation (R=0.738) between government regulations, project planning and performance of road projects. In addition, 53.6% (R2=0.536) of variation in performance is explained by the interaction between project planning and government regulations. There was a significant moderated mediated effect of government regulations and community participation on the relationship between project planning and performance of road projects in arid and semi-arid counties in Kenya. The study recommends the development of comprehensive and workable project designs that take into account the one-of-a-kind conditions that are typical of arid and semi-arid regions. There is a need for greater investment in training and development efforts that target project planners and engineers, with the purpose of expanding their knowledge and understanding of the design and execution of road projects within arid and semi-arid regions. Establishment of project planning frameworks that are especially adapted to the contextual needs of arid and semi-arid settings is an absolute necessity if one wants to successfully handle the one-of-a-kind difficulties that are offered by arid and semi-arid environments.Item PUBLIC FINANCIAL MANAGEMENT PRACTICES, GOVERNANCE FRAMEWORK, TECHNOLOGICAL INFRASTRUCTURE AND OWN SOURCE REVENUE BY SELECTED COUNTY GOVERNMENTS IN KENYA(Management University of Africa, 2025-11) BIWOTT NICHOLAS KIRWAIn Kenya, only 11 out of 47 counties can finance over 10% of their budgets, indicating a heavy reliance on National Government transfers for nearly 90% of their funding. “This study aimed to examine the impact of public finance management practices, governance frameworks, and technological infrastructure on the own-source revenue collection by county governments. “The study focused on the effects of public finance management practices on revenue collection, the mediating role of governance frameworks, and the moderating influence of technology. The New Public Management theory served as the anchor theory. Utilizing a positivism research paradigm and a descriptive design, the study analyzed the 11 best performing counties for revenue generation in the 2022/2023 financial year. A sample of 284 county officials was selected through stratified random sampling, with data collected via structured questionnaires. The findings revealed a strong positive correlation between public finance management practices and increased own-source revenue, emphasizing the role of automated revenue collection in enhancing efficiency and transparency. The governance framework was found to mediate this relationship, while technological advancements improved compliance and revenue generation capabilities. Statistical analysis indicated a moderate positive correlation between public finance management practices and own-source revenue, with project planning accounting for 30.6% of revenue variations. The study confirmed a direct relationship between public finance management practices and revenue generation, underscoring the importance of robust public financial management. Recommendations include developing advanced automated revenue collection systems, such as mobile payment platforms and Integrated Financial Management Systems, to enhance accuracy and transparency. Additionally, comprehensive training programs for financial management officials and strengthening governance frameworks through clear legal regulations are essential for optimizing revenue generation in Kenyan counties.””Item ROAD ASSET MAINTENANCE, BUDGETARY ALLOCATION, REGULATORY FRAMEWORK AND PERFORMANCE OF ROAD AGENCIES IN KENYA(2024-08) CATHERINE N. KIMANI; Dr. John Cheluget; Dr. Thomas NguiItem SCHOOL LEADERSHIP, HUMAN RESOURCE DEVELOPMENT INTERVENTIONS, LEARNING PROCESS, AND ACADEMIC PERFORMANCE OF PUBLIC SENIOR HIGH SCHOOLS IN GHANA(management university of africa, 2024-10) KWAME OWUSU-ANSAH OWUSU AFRAMThe improvement in secondary education in Ghana has gained prominence through major reforms introduced by the Government after independence. However, major education reforms and interventions introduced to support the academic performance of second-cycle schools have not met the expected outcomes. The Ministry of Education, Ghana, reported a decline in academic performance among public Senior High Schools in 2019, with WASSCE pass rates in core subjects showing notable disparities across regions. Over the period from 2006 to 2021, only about 34% of students achieved passing grades in core subjects, with specific rates of 38% in Mathematics, 36% in English, 43% in Integrated Science, and 61% in Social Studies. This persistent underperformance has been attributed to school leadership and their capacity to effectively implement a vision for enhancing teachers' skills and knowledge. The study aimed to examine the effects of school leadership, human resource development interventions, and learning process on the academic performance of public senior high schools in Ghana. The first specific objective of the study was to examine the relationship between school leadership and academic performance. The second specific objective was to evaluate the moderating effect of human resource development interventions on the relationship between school leadership and academic performance. The third specific objective was to determine the mediating effect of the learning process on the relationship between school leadership and academic performance. The fourth specific objective was to examine the moderated-mediation effect of learning process and human resource development interventions on the relationship between school leadership and academic performance. Amongst other theories, the study anchored on distributed leadership and social learning theories. The study adopted the positivist and applied cross-sectional survey design. The study’s target population was the 928 public senior high schools listed by the Ghana Education Service as of December 2023. This study applied the quantitative method and cluster-stratified random sampling to collect primary data from 2176 respondents. The data was codified and analyzed using Statistical Package for Social Sciences version 27. The reliability of the questionnaire was measured using Cronbach’s alpha and the questionnaire was piloted before being administered. The quantitative data was analyzed using both descriptive and inferential statistics. The study revealed a positive and significant relationship between school leadership and academic performance. Additionally, in the mediating effect, learning process was found to have a partial mediating effect on this relationship, indicating that effective school leadership influences academic performance through its impact on the learning process. Also, human resource development interventions were found to have a significant moderating effect, enhancing the relationship between school leadership and academic performance. The study concluded that school leadership has a significant relationship on academic performance. The study recommends that stakeholders implement policies and practices that enhance learning processes and support human resource development interventions, leveraging these benefits to improve academic outcomes. The study found moderated mediation of human resource development interventions and learning process on the relationship between school leadership and academic performance. The study recommends that school leadership should be prioritized in senior high schools in Ghana to facilitate the achievement of academic performance. The Ministry of Education and the Ghana Education Service must prioritize the appointment of competent leadership in senior high schools. Stakeholders in senior high education should provide support and resources to equip these leadership for their roles. Effective school leadership is essential for implementing interventions that promote teacher professional development and enhance the learning process, ultimately improving student academic performance.Item STRATEGY IMPLEMENTATION, CAPITAL STRUCTURE, MACRO ENVIRONMENT AND PERFORMANCE OF ENERGY SECTOR INSTITUTIONS IN KENYA(2020-11) ODHIAMBO JOHN MUDANY; Dr. Nicholas Kibiwott Letting PhD; Prof. Gituro Wainaina PhD