Intangible Organisational Resources and Performance of Road Construction Companies in Nyeri County, Kenya
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Date
2023
Authors
Mwangi, Jacinta Wairimu
Waithaka, Paul
Journal Title
Journal ISSN
Volume Title
Publisher
IAJHRBA
Abstract
The number and severity of stalled projects in
the Kenyan public sector have been on the
rise. Inadequacy and poor state of resources
has been cited as the key challenge
responsible for delays or complete stall of
projects. While theorists argue that the
success of construction companies is largely
pegged on their ability to ensure availability
and efficient management of resources,
empirical evidence to demonstrate this is still
scanty. The current study focused on
intangible organisational resources and
performance of road construction companies
in Nyeri County of Kenya. The study was
anchored on the resource based view of the
firm and the dynamic capabilities theory as
the main guiding theoretical frameworks to
the study. The target population was made up
of 58 road construction companies in Nyeri
County. A census approach was used to
subject all the 58 road construction
companies to the study. The study
purposively targeted the project managers
and project engineers working for the road
construction companies. This procedure led
to a total of 116 respondents targeted.
Primary data was collected through a semi
structured questionnaire. The study collected
secondary data from the management reports
of the road construction companies and
through a review of other corporate
handbooks. Both descriptive and inferential
statistics were used in the analysis. The
multiple regression analysis output provides
evidence that intangible resources is a useful
and positive determinant of performance of
road construction firms. The Pearson
correlation analysis showed that intangible
organisational resources has a positive and
statistically significant relationship with
performance of road construction companies.
Although the road construction companies
enjoyed a rich endowment with intangible
resources, there was need to further cultivate
strategic partnerships with suppliers to enjoy
enhanced preferential treatment in accessing
materials and other services and facilities.
Other ways to enhance intangible resources
include involvement in corporate social
responsibility and pursuit of a culture of
creativity and innovation.
Description
Arrticle
Keywords
Organisational Resources, Intangible Organisational Resources, Organisational Performance, Road Construction Companies
Citation
Mwangi, J. W., Waithaka., P. (2023). Intangible organisational resources and performance of road construction companies in Nyeri County, Kenya. International Academic Journal of Human Resource and Business Administration, 4(3), 38-60.