Treasury Budgeting Mechanisms and Financial Performance of Selected Commercial Parastatals in Kenya
| dc.contributor.author | Joel,Evans Okemwa | |
| dc.contributor.author | Simiyu, Eddie | |
| dc.date.accessioned | 2025-11-17T09:28:46Z | |
| dc.date.available | 2025-11-17T09:28:46Z | |
| dc.date.issued | 2024 | |
| dc.description | Research Article | |
| dc.description.abstract | The study sought to research the impact of budgetary control on the economic overall financial performance of the industrial parastatals in Kenya from the year 2013 to 2023. This was accomplished by specifically analyzing the influence of budgetary planning on the financial performance of the industrial parastatals in Kenya. The study used a descriptive research design and targeted the chosen 10 industrial parastatals in Kenya from the listed 46 business parastatals in Kenya. The study utilized primary data collected through structured questionnaires from commercial parastatals. The gathered data was coded and cleaned using SPSS software. Descriptive statistics provided an overview of the sample, including demographic details of the respondents, as well as measures such as central tendencies, standard deviation, range, and variance. The results were presented using tables, charts, themes, and graphs. Causal relationships were evaluated using R², F values, and beta coefficients, with a significance level set at 0.05, and coefficients were tested accordingly. The findings indicate that budgetary planning (β=0.277, p=0.000), have a significant and positive effect on the financial performance of industrial parastatals in Kenya. The moderation analysis revealed that budgetary planning has a positive but marginally non-significant effect when moderated by treasury mechanisms. Thus, the study provides a clear direction for improving financial performance through several key budgetary practices. Strengthening budgetary planning by developing guidelines, investing in training, and using advanced tools will create a more strategic approach to financial management | |
| dc.identifier.citation | Joel, E. O., & Simiyu, E. (2024). Treasury budgeting mechanisms and financial performance of selected commercial parastatals in Kenya. IJARKE Business & Management Journal. https://doi.org/10.32898/ibmj.01/7.1article27 | |
| dc.identifier.issn | 2617-4138 | |
| dc.identifier.uri | https://ir-library.ku.ac.ke/handle/123456789/31946 | |
| dc.language.iso | en | |
| dc.publisher | INTERNATIONAL JOURNALS OF ACADEMICS & RESEARCH | |
| dc.title | Treasury Budgeting Mechanisms and Financial Performance of Selected Commercial Parastatals in Kenya | |
| dc.type | Article |