The aim of this study was to examine the effect of gender diversity on the financial performance of insurance firms in Kenya. The study analyzed data from the 55 insurance firms licensed by the Insurance Regularity Authority (IRA) in Kenya. Gender diversity was operationalized by the number of female directors serving on the boards of insurance firms operating in Kenya. Primary data was collected from a sample of 412 board directors, Chief Executive Officers (CEOs), Chief Finance Officers (CFOs), Audit Committee members (AUDIND) and Internal Auditorsusing a questionnaire instrument while secondary data was retrieved from audited financial reports of the year 2017. Data were analyzed using descriptive and inferential statistics. Firm performance was measured by the two accounting-based measures Return On Assets (ROA) and Return On Equity (ROE). The findings from the regression analysis indicate that gender diversity significantly and positively affects the financial performance of insurance firms in Kenya.
Abstract Purpose: The purpose of the study was to investigate the influence of supportive and directive leadership style on employee job satisfaction in commercial banks in Kenya. Methodology: The study adopted positivism research philosophy to guide the study and limited itself to descriptive correlational research design to analyze and provide responses to the research questions. The research design was preferred because it allows description and comparison of characteristics of populations based on data collected from samples through questionnaires. The target population of the study was 15,030 employees in all the 43 commercial banks licensed to operate in Kenya as of June 2018. Using stratified sampling technique, the study drew a sample size of 386 employees reporting to middle level managers. Data was collected by means of a questionnaire and analyzed using descriptive and inferential statistics, which included factor analysis, correlational analysis, chi-square, one-way analysis of variance (ANOVA), and regression analysis using Statistical Package for Social Sciences (SPSS) version 20 and Windows’ Microsoft excel programs. Results: From the findings of multiple linear regression analysis, it was established that directive leadership style had a positive and significant relationship with employee job satisfaction, R2 = .228, F(1, 362) = 53.396, p < .05; β = .454, p < .05. The results from multiple linear regression analysis also showed that supportive leadership style positively and significantly predicted employee job satisfaction, R2 = .603, F(1, 366) = 278.269, p < .05; β = .716, p < .05. In addition, the study tested the moderating influence of environmental contingency factors and was confirmed that environmental contingency factors significantly moderated the relationship between path-goal leadership style and employee job satisfaction, R2=0.090, F(5,364) = 35.04, p < .05; β= 0.229, p<.05. Unique contribution to theory, practice and policy: The study makes a contribution to the literature of the influence of directive and supportive leadership styles from Kenyan commercial banks’ perspective and adds an impetus to employees, management and policymakers to address issues that are impeding employee job satisfaction. The future researchers should include all bank employees in their study to determine the influence of directive leadership style and supportive leadership style on employee job satisfaction.
The origins of innovation is the ability to identify global trends and to assess their relevance for development. The first area of mapping could include a better understanding of these trends in higher education and innovation around the world. The purpose of the study was to examine the effect of mission and vision on organizational performance in private universities in Kenya. The specific research question is how do mission and vision affect organization performance in private universities in Kenya? This was a correlational study which adopted a positivist philosophy. The study population comprised of all the 17 private universities in Kenya accredited by Commission of University Education. Thе unit of аnаlysis wаs thе board of directors, vicе chаncеllors, hеаds of dеpаrtmеnts (finаncе, sports, humаn rеsourcе, rеsеаrch, quаlity аssurаncе) аnd аcаdеmic dеаns (businеss school) which wаs 136. А cеnsus tеchniquе wаs usеd in the study with frequency distributions, percentages аnd mеаns for dеscriptivе stаtisticаl аnаlysis whilе corrеlаtions аnd rеgrеssion аnаlyses wеrе usеd for infеrеntiаl statistics. The study found that, mission and vision explained a significant proportion of variance in organizational performance, R 2 = .633. Thе significаncе vаluе in tеsting thе rеliаbility of thе modеl for thе rеlаtionship bеtwееn Mission аnd Vision on orgаnizаtionаl pеrformаncе wаs F(1, 122) = 208.929, p = 0.00. Thеrеforе, the model was found to be statistically significant in predicting the rеlаtionship bеtwееn thе study vаriаblеs. The study found that for every unit change in mission аnd vision, orgаnizаtionаl pеrformаncе incrеаsеs by 0.867 hеncе implying а positive impact of mission and vision on orgаnizаtionаl pеrformаncе. Bаsеd on thе findings, thе study concludеd thаt thеrе wаs а significаnt rеlаtionship bеtwееn аll thе indеpеndеnt vаriаblеs аnd orgаnizаtionаl pеrformаncе the dependent variable. Thе study аlso concludеd
Ethical leadership begins at the top with the chief executives championing every ethical activity for then followers to emulate them and respect the ethical behaviour within an organization. Ethical leadership has been found to be positively and significantly associated with transformational leadership and transformational culture of the organization. This comes in the background of unethical and financial scandals and leadership failures of nations in recent history. Organizational culture in this study refers to the underlying assumptions, beliefs, values, attitudes and expectations shared by an organization's members, including unwritten codes of conduct and behaviour. The study examines ethical leadership in relationship to organizational culture. A detailed review of extant literature is undertaken relevant to ethical leadership and organizational culture. Underpinning theories aligned to the study topic are examined and a conceptual model described. The study culminates with suggestions on the benefits of ethical leadership.
The purpose of the study was to examine the influence of directive and supportive leadership style on employee job satisfaction in commercial banks in Kenya. The study adopted the positivism research philosophy and descriptive correlational research design. The target population of the study was 15,030 employees in all the 43 commercial banks licensed to operate in Kenya as of June 2018. Using a stratified sampling technique, the study drew a sample size of 386 employees reporting to middle-level managers. Data was collected by means of a questionnaire and analyzed using descriptive and inferential statistics. Statistical Package for Social Sciences (SPSS) version 20. The results of the study showed that a directive leadership style and supportive leadership styles positively and significantly predicted employee job satisfaction. The results of the regression analysis after moderation showed that environmental contingency factors significantly moderated the relationship between path-goal leadership style and employee job satisfaction.
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