INFLUENCE OF ADOPTION OF ACCOUNTABILITY PRINCIPLE ON PERFORMANCE OF COMMERCIAL STATE CORPORATIONS IN KENYA

Susan Laimaru

School of Entrepreneurship and Management,

Jomo Kenyatta University of Agriculture And Technology

P.O Box 62000, 00200 Nairobi, Kenya

Corresponding Author email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Dr. Esther Waiganjo

College of Human Resource and Development,

Jomo Kenyatta University of Agriculture And Technology

P.O Box 62000, 00200 Nairobi, Kenya

Dr. Kennedy Nteere

Faculty of Commerce, Cooperative University of Kenya

P.O Box 24814, 00502 Nairobi, Kenya

CITATION: Laimaru, S., Waiganjo, E., Nteere K., K. (2017). Influence of Adoption of Accountability Principle on Performance of Commercial State Corporations in Kenya. International Journal of Arts and Social Sciences. Vol. 6 (6) pp 60 – 75.

ABSTRACT

The purpose of the study was to establish the influence of adoption of accountability principles on the performance of commercial state corporations in Kenya. The study was guided with specific objectives which was; to establish the influence of accountability principle on performance of commercial state corporations in Kenya, The study used cross tabulation research survey design. The target population was 55 commercial state corporations in Kenya. The study sample size was 55 commercial State Corporation, the sample use censused since the sample was small. The study used primary data, which was collected using questionnaires. The questionnaires were open and close ended. Data collected from the field was coded, cleaned and categorized according to questionnaire items. The gathered data was analyzed using computer aided IBM Statistical Package for Social Scientists (SPSS) version 21 premium. Both descriptive and inferential statistics were used to analyze the data collected. Descriptive statistics involved computation of mean scores, standard deviation, percentages, cross tabulation and frequency distribution which will describe the demographic characteristics of the organization and the respondents. Both descriptive and inferential statistics were used to analyze the data collected. Inferential statistics was used to determine the relationships and significance between independent and dependent variable. The data was presented using tables, graphs and charts. The number of questionnaires that were administered to all the respondents were 55 questionnaires. A total of 38 questionnaires were properly filled and returned from the Commercial State Corporation. This represented an overall successful response rate of 69%. The study also found that principle of accountability, transparency and fairness had a high influence on the performance of commercial state corporations in Kenya. Further the study established that principle of integrity was very low on influencing the performance of commercial state corporations in Kenya. The study recommended on the adoption of accountability principles on the performance of commercial state corporations in Kenya. The study concludes that principle of accountability influence on the performance of commercial state corporations in Kenya. The study recommended that principle of accountability influences on the performance of commercial state corporations in Kenya to a great extent and therefore it should be adopted in state corporates.

Key Word: adoption of accountability principle, performance of commercial state corporations

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