Effect of Corporate Governance Practices on Financial Performance among Parastatals in Kenya: Case of Kenya Pipeline Company (KPC), Eldoret

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dc.contributor.authorKipruto, J
dc.contributor.authorMinja, D.
dc.date.accessioned2020-11-30T08:21:02Z
dc.date.available2020-11-30T08:21:02Z
dc.date.issued2020
dc.descriptionA research article published in International Academic Journal of Economics and Financeen_US
dc.description.abstractPoor financial management and lack of good governance structures make it difficult for the parastatals to constantly underperform thus lagging the private sectors. Due to this, the services of these parastatals have been substandard and unreliable leading to lack of confidence by the public in them. The study aimed at evaluating the impact of practices in corporate governance on financial performance of parastatals in Kenya with specific regard to the Kenya Pipeline Company, KPC, Eldoret. Specifically, the study set to evaluate the impact of board independence and board members knowledge on financial performance of the board of Kenya Pipeline Company. The study employed descriptive survey design and targeted a participant population of 178 employees who comprised of employees from all levels of management within the company. Using the statistical formula described by Yamane (1967), a sample size of 123 respondents was reached and selected from the population. The study applied a simple random probability sampling. Both primary and secondary data collection methodologies were used for data collection. Research instruments was validated by the university supervisors piloting 2 state corporate states are used to test the reliability of the questionnaires. A correction coefficient of <0.7 was within acceptable limit. In data analysis, a descriptive statistic was used.en_US
dc.identifier.citationKipruto, J., Minja, D. (2020). Effect of corporate governance practices on financial performance among parastatals in Kenya: Case of Kenya Pipeline Company (KPC), Eldoret. International Academic Journal of Economics and Finance, 3(6), 223-232en_US
dc.identifier.issn2518-2366
dc.identifier.urihttp://iajournals.org/articles/iajef_v3_i6_223_233.pdf
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/21019
dc.language.isoenen_US
dc.publisherInternational Academic Journalsen_US
dc.subjectcorporate governance practicesen_US
dc.subjectKenya Pipeline Company (KPC)en_US
dc.titleEffect of Corporate Governance Practices on Financial Performance among Parastatals in Kenya: Case of Kenya Pipeline Company (KPC), Eldoreten_US
dc.typeArticleen_US
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