dc.contributor.author | Machuki, V N | |
dc.contributor.author | Aosa, E | |
dc.date.accessioned | 2013-03-14T09:42:54Z | |
dc.date.issued | 2011-06 | |
dc.identifier.citation | Business Administration and Management (BAM) Vol. 1(7), pp. 205-218, June 28th, 2011 | en |
dc.identifier.uri | www.primejournal.org/BAM | |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/13780 | |
dc.description.abstract | This study investigated the effect of the external environment on corporate performance. Based on a
survey of 23 companies listed on the Nairobi Stock Exchange, three environmental dimensions of
complexity, dynamism and munificence were used to describe Kenya’s business environment.
Performance implications of these environmental dimensions were then examined. The study reports
that for the surveyed companies, varying degrees of external environmental complexity, dynamism, and
munificence exist which tend to be mostly manifested in economic factors, competitive rivalry, market
factors, technological factors, regulatory factors as well as threat of new entrants. Consequently, these
factors appeared to have great influence in the companies’ strategic decision making. However, the
overall results for the effect of external environment on corporate performance were statistically not
significant. Based on the findings, implications of the study and suggestions for further study are
presented. | en |
dc.language.iso | en | en |
dc.subject | External environment | en |
dc.subject | Corporate performance | en |
dc.subject | Publicly quoted companies | en |
dc.subject | Kenya | en |
dc.title | The influence of the external environment on the performance of publicly quoted companies in Kenya | en |
dc.type | Article | en |
local.publisher | School of Business, College of Humanities and Social Sciences, University of Nairob, Kenya | en |