Browsing by Author "Kasuni, Julius Suka"

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    PublicationOpen Access
    Critical Analysis of Corporate Governance Strategies on Financial Performance of Commercial Banks, Kenya
    (Mount Kenya University, 2023-01) Kasuni, Julius Suka
    Effective Corporate Governance is a critical component of value addition in virtually all aspects of corporate performance. Annual financial reports by the Central Bank of Kenya for the period 2010-2019 showed a declining trend in the general performance of Commercial Banks in Kenya, during which Returns on Assets (ROA) declined from 4.51% to 3.84% and Returns on Equity (ROE) from 29.4% to 25.6%. The Study sought to critically analyze Influence of Corporate Governance Strategies on Financial Perfor-mance of Commercial Banks in Kenya. The Study investigated; Corporate Governance Structure, Strategic Leadership, Board Composition and Accountability System. Ex-planatory Research Design was used to guide the conduct of the Study. A sample pop-ulation of 112 managers drawn from 8 out of the 9 large banks were selected as re-spondents, for the period 2010-2019. The Study was guided by four theories; Agency Theory, Stewardship Theory, Stakeholder Theory and Financial Intermediation Theory. Data collection was done by use of a close-ended and open-ended questionnaire in which 85 (76%) of the 112 questionnaires were returned. Secondary data were collect-ed from published Annual Financial Reports of Commercial Banks, by the CBK for the period 2010-2019. Content Validity of the research instrument was tested by subject matter experts comprising of the researcher’s supervisors and defense panelists from and outside Mount Kenya University. Reliability of the research instrument was tested using the Cronbach’s Alpha test, which gave an alpha value of 0.8, well within the ac-ceptable range of α ≥ 0.7. Data analyses were done by use of both Descriptive and In-ferential statistics. Descriptive data analysis consisted of summarizing the data into ta-bles and describing characteristics of the data set using means and standard deviations. Inferential analysis was done by use of a multiple regression analysis program in a SSPS-26 Software, which gave an Adjusted R2 equal to .765 indicating that Corporate Governance Strategies correlated well with Financial Performance of Commercial Banks. The analyzed data were presented using, graphs, pie chart and tables. The find-ings showed that there was a significant positive correlation between Corporate Gov-ernance Structure, Strategic Leadership, and Accountability System with Financial Per-formance of Commercial Banks in Kenya while Board Composition was partially sig-nificant. Financial Performance was measured by use of profitability ratios, ROA and ROE. The Moderating variable comprised of Government controls and regulations and were analyzed by use of inferential statistics. The result showed that the adjusted R2 dropped from .765 to .608 indicating a decline of .157 (15.7%), which was the influ-ence of the Moderating variable on the strength of the correlation between independent variables and the dependent variable. The conclusion of the study was that Corporate Governance Strategies influenced financial performance of commercial banks in Kenya, with Strategic Leadership producing the greatest influence, with an Adjusted R2 of .812 (81.2%). The study recommended that Commercial Banks in Kenya entrench Stra-tegic Leadership in their corporate governance practices, minimize conflicts of interest between shareholders and corporate level managers, and promote inclusivity in the management process in order to maximize financial performance of commercial bank
  • Thumbnail Image
    PublicationOpen Access
    Critical Analysis of Corporate Governance Strategies on Financial Performance of Commercial Banks, Kenya.
    (Mount Kenya University, 2023-01) Kasuni, Julius Suka
    Effective Corporate Governance is a critical component of value addition in virtually all aspects of corporate performance. Annual financial reports by the Central Bank of Kenya for the period 2010-2019 showed a declining trend in the general performance of Commercial Banks in Kenya, during which Returns on Assets (ROA) declined from 4.51% to 3.84% and Returns on Equity (ROE) from 29.4% to 25.6%. The Study sought to critically analyze Influence of Corporate Governance Strategies on Financial Performance of Commercial Banks in Kenya. The Study investigated; Corporate Governance Structure, Strategic Leadership, Board Composition and Accountability System. Explanatory Research Design was used to guide the conduct of the Study. A sample population of 112 managers drawn from 8 out of the 9 large banks were selected as respondents, for the period 2010-2019. The Study was guided by four theories; Agency Theory, Stewardship Theory, Stakeholder Theory and Financial Intermediation Theory. Data collection was done by use of a close-ended and open-ended questionnaire in which 85 (76%) of the 112 questionnaires were returned. Secondary data were collected from published Annual Financial Reports of Commercial Banks, by the CBK for the period 2010-2019. Content Validity of the research instrument was tested by subject matter experts comprising of the researcher’s supervisors and defense panelists from and outside Mount Kenya University. Reliability of the research instrument was tested using the Cronbach’s Alpha test, which gave an alpha value of 0.8, well within the acceptable range of α ≥ 0.7. Data analyses were done by use of both Descriptive and Inferential statistics. Descriptive data analysis consisted of summarizing the data into tables and describing characteristics of the data set using means and standard deviations. Inferential analysis was done by use of a multiple regression analysis program in a SSPS-26 Software, which gave an Adjusted R2 equal to .765 indicating that Corporate Governance Strategies correlated well with Financial Performance of Commercial Banks. The analyzed data were presented using, graphs, pie chart and tables. The findings showed that there was a significant positive correlation between Corporate Governance Structure, Strategic Leadership, and Accountability System with Financial Performance of Commercial Banks in Kenya while Board Composition was partially significant. Financial Performance was measured by use of profitability ratios, ROA and ROE. The Moderating variable comprised of Government controls and regulations and were analyzed by use of inferential statistics. The result showed that the adjusted R2 dropped from .765 to .608 indicating a decline of .157 (15.7%), which was the influence of the Moderating variable on the strength of the correlation between independent variables and the dependent variable. The conclusion of the study was that Corporate Governance Strategies influenced financial performance of commercial banks in Kenya, with Strategic Leadership producing the greatest influence, with an Adjusted R2 of .812 (81.2%). The study recommended that Commercial Banks in Kenya entrench Strategic Leadership in their corporate governance practices, minimize conflicts of interest between shareholders and corporate level managers, and promote inclusivity in the management process in order to maximize financial performance of commercial bank
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    PublicationOpen Access
    Investigating Influence of Strategic Leadership on Financial Performance of Commercial Banks in Kenya
    (International Academic Journal of Human Resource and Business Administration, 2022-01-16) Kasuni, Julius Suka; Mandere, Evans Nyamboga; Njeru, Phelista W
    Students’ academic performance in Kenya Certificate of Secondary Education in Londiani Sub-County has been low for the last four years. This has denied many students an opportunity to further their studies and realize their academic dreams. The purpose of this study was to establish the influence of principals’ monitoring and evaluation of instruction on performance of students. The study sought to find out; class teachers’ perceptions on the influence of monitoring and evaluation of instruction on performance of students, students’ perceptions on the influence of monitoring and evaluation of instruction on performance of students among secondary schools in Londiani Sub-County. The study was guided by the Van Bertanlaffy’s general system theory. The study employed mixed methods approach and adopted survey research design. A target population of 20 principals, 55 class teachers and 1080 form four students were targeted for the study from which a sample of 19 principals, 48 class teachers and 284 form four students were drawn. Data was collected from students and class teachers using questionnaires while qualitative data was drawn from principals using an interview schedule. The instruments’ reliability was determined by piloting in 10% percent of the secondary schools, its data analyzed using a reliable Cronbach’s coefficient alpha of 0.76. The validity of the research instruments was established using from expert opinion of the supervisor. Quantitative data was collected, analyzed and presented on tables while qualitative data has been discussed thematically. The study found out that monitoring and evaluation enhances performance for teachers, enables the principal to identify their weakness and strengths thus enhancing their professional development, and enhances provision of insights into the students learning needs thus enabling teachers to develop effective teaching approaches that enhances students’ comprehension and engagement. The study recommends that students are monitored by keeping a record of their academic progress, monitoring class attendance and supervising issuance and crosschecking of assignments given to learners to improve academic performance