Firm-Level Institutions and Performance of Companies Listed On the Nairobi Securities Exchange, Kenya
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Date
2016
Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Economics, Commerce and Management
Abstract
The objective of the study was to determine the effect of firm-level institutions on the
performance of companies listed on the Nairobi Securities Exchange (NSE) and a
corresponding hypothesis was formulated and tested. The study targeted Human Resource
managers of each of the 64 companies listed on the NSE as at 31 December, 2014 and 34 of
them responded. The study adopted the positivist research philosophy and a descriptive survey
design. SPSS Version 21 was used to analyze data using simple regression analysis. Research
findings from the test of hypothesis established that firm-level institutions have a positive and
significant effect on company performance. The study findings support the Resource - BasedView (RBV) which underscores the crucial role of firm-level institutions in company
performance. The study recommends further research in non-governmental organizations and
small and medium size enterprises using more firm-level institutions.
Description
Keywords
Firm-Level Institutions, Company Performance, Nairobi Securities Exchange, Resource Based View
Citation
Kyongo, J.K., K’Obonyo, P., Pokhariyal, G., & Kidombo, H. (2016). Firm-level institutions and performance of companies listed on the Nairobi Securities Exchange, Kenya. International Journal of Economics, Commerce and Management, 4(10), 881-893.