dc.contributor.author |
Ndambiri, Moses |
|
dc.contributor.author |
Kiragu, David Ndung'u |
|
dc.contributor.author |
Riro, George Kamau |
|
dc.date.accessioned |
2018-07-16T11:54:20Z |
|
dc.date.available |
2018-07-16T11:54:20Z |
|
dc.date.issued |
2018-01 |
|
dc.identifier.citation |
http://dx.doi.org/10.6007/IJARAFMS/v8-i1/4044 (DOI: 10.6007/IJARAFMS/v8-i1/4044) |
en_US |
dc.identifier.issn |
E-ISSN: 2225-8329 |
|
dc.identifier.issn |
P-ISSN: 2308-0337 |
|
dc.identifier.uri |
http://41.89.227.156:8080/xmlui/handle/123456789/764 |
|
dc.description.abstract |
The main aim of this study was to establish the influence of management capability on the financial
performance of small scale road work construction companies in Kenya. The design used in the research was
descriptive survey. The study targeted the small scale roads construction companies in Bomet County. These
are the companies that work under the road construction agencies in Kenya namely Kenya National
Highways Authority, Kenya Urban Roads Authority and Kenya Rural Roads Authority in the county. The target
population was the 102 small scale roadwork construction companies in Bomet County. The sample was
selected using proportionate stratified sampling method. The sample had 81 respondents. A questionnaire
with both closed ended and open ended questions was used as the tool for the collection of primary data.
Descriptive statistics such as Minimum, Mean and Standard Deviation were used describe analyse
quantitative data. Bi-variate Linear Model was used for inferential analysis with the help of SPSS. The
findings show that management's capability influences the financial performance of construction firms. This
is because management's capability was tainted by incompetence, poor management skills, ineffective
communication, and reluctance to make decisions and inadequate planning and budgetary provisions. The
study recommended that the management should attend seminars and workshops in order to improve their
management skills and capabilities in handling projects in a fast emerging economy. In addition, the project
owners, contractors, and consultants should hold their responsibilities to avoid any delay or unnecessary cost.
It was suggested that a further study should focus on other elements of management capability like personal
characteristics of managers to show how they affect the financial performance of the construction firms. |
en_US |
dc.language.iso |
en |
en_US |
dc.publisher |
International Journal of Academic Research in Accounting, Finance and Management Sciences |
en_US |
dc.relation.ispartofseries |
Volume 8;Issue 1 |
|
dc.subject |
Bi-variate Linear, Management Capability, Financial Performance, Small Scale Road Work Construction Companies |
en_US |
dc.title |
Management Capability and Financial Performance of Small Scale Road Work Construction Companies in Bomet County, Kenya |
en_US |
dc.type |
Article |
en_US |