Organizational strategic behaviour and performance of publicly quoted companies in Kenya
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Date
2011-06Author
Machuki, Vincent N
K’Obonyo, Peter O.
Type
ArticleLanguage
enMetadata
Show full item recordAbstract
The study explores the relationship between strategy and performance of companies listed in the
Nairobi Stock Exchange. Data on the firms’ strategic orientations, strategy types and performance
indicators were obtained from 23 companies through structured questionnaires and interviews. The
results reveal that the companies leaned more towards the strategic orientations of futurity, analysis,
defensiveness, and proactiveness. These firms largely pursued market development, product
development, and diversification strategy types. However, overall results are not statistically significant
for the effect of strategic orientations and strategy types on corporate performance, except for their
effect on total net assets. The results are discussed in terms of their implications for the pertinent
theories, previous research findings and strategic management
Citation
Business Administration and Management (BAM) Vol. 1(7), pp. 219-232, June 28th, 2011Publisher
School of Business