Browsing by Author "Matheka, Mukui Salome"

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    Budget Process and Financial Performance of Postal Corporation Branches in Makueni County, Kenya
    (Strategic Journals, 2025-08) Matheka, Mukui Salome; Simiyu, Eddie
    The study examined how budget process impacts the financial performance of postal corporation branches Makueni County. The research employed a descriptive research design methodology. A survey was carried out on the entire population, with a sample size of 14 Finance Officers selected. The unit of analysis focused on the 14 officers working in Makueni County postal corporation branches. Data collection involved 14 randomly chosen respondents who completed a structured questionnaire, validated by an expert to ensure its appropriateness. The collected data was analysed using two different types of statistics: descriptive statistics and inferential statistics. Specifically, the study utilized Pearson correlation and linear regression to establish the relationship between the independent variables and the dependent variable. A significance level of 0.05 (95% confidence level) was employed in the regression analysis to determine the strength of the connection between the independent and dependent variables. The findings were presented using tables, pie charts, and graphs. The descriptive statistics revealed a high level of agreement with statements related to budget planning, budget implementation, budget control, budget review, and technology and financial performance of postal corporations in Makueni County. The correlation and regression analysis demonstrated that certain processes had a positive impact on financial performance. The regression statistics indicated that budget control and budget review processes had a positive and statistically significant influence on the financial performance of postal corporations in Makueni County. The study recommends the implementation of a welldesigned budgeting process that promotes transparency, accountability, and control over financial resources. It also suggests proper budget implementation to facilitate monitoring, adjustment, and control of spending, as well as maximizing effectiveness and efficiency. Additionally, the study recommends the development of long-term revenue strategies, prioritization of projects, annual external audits of financial records, and the adoption of appropriate technological advancements to strengthen the postal sector.