Synergistic Effects and Financial Performance of Kenya Agricultural and Livestock Research Organization

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dc.contributor.authorOkuku, Washingtone Oluoch
dc.contributor.authorNdede, Fredrick W.S.
dc.date.accessioned2024-07-11T05:54:26Z
dc.date.available2024-07-11T05:54:26Z
dc.date.issued2024-06-22
dc.descriptionArticleen_US
dc.description.abstractThis paper explores the synergistic effects and financial performance of KALRO, which is one of the State Corporations in Kenya. It envisaged finding out whether there is a strong relationship between operating and financial synergies and KALRO’s financial performance using primary and secondary data. A sample of 32 respondents were selected using stratified random sampling from key management personnel. Structured questionnaires were administered to gather information, which was analyzed on SPSS Statistics version 25.A pilot study was used to test for the validity of the study to know whether the questions were aligned with the study hypotheses. The findings revealed that synergy gains had a bigger influence on the performance of KALRO. The operating synergy was found to have a significant positive influence on KALRO’s performance (Adjusted R2 = 0.695; p = 0.024), while financial synergy had an insignificant negative influence on KALRO’s performance (Adjusted R2 =0.185; p =0.218). Government policy was found to have a significant mediating effect between synergistic gains and performance of KALRO. The limitation of this research was the smaller sample size, thus, a comprehensive research was recommended to determine the synergy spread in all 16 KALRO institutes and centersen_US
dc.identifier.citationOluoch, O. W., & Ndede, F. W. (2024). Synergistic Effects and Financial Performance of Kenya Agricultural and Livestock Research Organization. International Journal of Research and Innovation in Social Science, 8(5), 2213-2223.en_US
dc.identifier.otherDOI : https://dx.doi.org/10.47772/IJRISS.2024.805163
dc.identifier.urihttps://ir-library.ku.ac.ke/handle/123456789/28441
dc.language.isoenen_US
dc.publisherIJRISSen_US
dc.subjectSynergyen_US
dc.subjectOperating synergyen_US
dc.subjectfinancial synergyen_US
dc.subjectKALROen_US
dc.subjectState corporationsen_US
dc.subjectParastatalsen_US
dc.titleSynergistic Effects and Financial Performance of Kenya Agricultural and Livestock Research Organizationen_US
dc.typeArticleen_US
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