Control Environment and Financial Performance of Listed Agricultural Firms in Nairobi Securities Exchange, Kenya
| dc.contributor.author | Karaya, Evalyne Njeri | |
| dc.contributor.author | Waweru, Fredrick | |
| dc.date.accessioned | 2025-10-06T06:40:25Z | |
| dc.date.available | 2025-10-06T06:40:25Z | |
| dc.date.issued | 2024-09 | |
| dc.description | Article | |
| dc.description.abstract | Internal controls are put in place to ensure safe custody of all assets; to avoid misuse or misappropriation of the firm’s assets and to detect and safeguard against probable frauds. Some of the listed Agricultural firms in the Nairobi Securities exchange have registered declining performance in recent years. The current study therefore sought to determine the effect of control environment on the financial performance of agricultural firms listed in Nairobi stock exchange. The study adopted descriptive research design using both quantitative and qualitative approach. The study targeted 7 agricultural firms listed in Nairobi stock exchange. The target population was 286 employees working in accounting, administration, and operations department in the 7 companies. Stratified random sampling was used where the departments were used as stratas. Thus, in total, the study targeted a sample size of 164 respondents. Primary data was collected by use of a structured questionnaire while secondary data was obtained from published and audited financial statements of the listed agricultural firms. The data obtained was analysed using quantitative analysis. Data analysis made use of both descriptive and inferential statistics. The study found that the control environment had significant effect on financial performance of agricultural firms listed in NSE. The researcher provided some recommendations based on the research findings, Agricultural firms should diversify their control measures related to compliance level which could be done through assigning duties to individual employees based on their competence and training. | |
| dc.identifier.citation | Karaya, E. N., & Waweru, F. (2014). Control Environment And Financial Performance Of Listed Agricultural Firms In Nairobi Securities Exchange, Kenya. | |
| dc.identifier.uri | https://www.ijiras.com/2024/Vol_11-Issue_9/paper_2.pdf | |
| dc.identifier.uri | https://ir-library.ku.ac.ke/handle/123456789/31547 | |
| dc.language.iso | en | |
| dc.publisher | International Journal of Innovative Research and Advanced Studies (IJIRAS) | |
| dc.title | Control Environment and Financial Performance of Listed Agricultural Firms in Nairobi Securities Exchange, Kenya | |
| dc.type | Article |