dc.contributor.author | Ngoze, Moses Lwamba | |
dc.contributor.author | Bwisa, Henry | |
dc.date.accessioned | 2017-08-25T08:47:42Z | |
dc.date.available | 2017-08-25T08:47:42Z | |
dc.date.issued | 2016 | |
dc.identifier.issn | 2222-6990 | |
dc.identifier.uri | http://hdl.handle.net/123456789/7955 | |
dc.description.abstract | This paper presents empirical findings of the effect of Corporate Entrepreneurship (CE) on financial performance of manufacturing firms in developing countries. Using a sample of two hundred manufacturing firms (n = 200) in Kenya, we hypothesize; 1) Innovativeness has positive effect on financial performance; 2) Risk taking has positive effect on financial performance; 3) Proactiveness has positive effect on financial performance; 4) Competitive aggressiveness has positive effect on financial performance; and 5) Autonomy has positive effect on financial performance. The findings of survey enable acceptance of hypotheses 1, 2, 4 and new hypothesis (Strategic Investments has positive effect on financial performance) generated from factor analysis. Hypotheses 3 and 5 are rejected since their relationships with financial performance are insignificant. These provide three implications; first, out of five CE dimensions, three and Strategic Investments have direct effect with financial performance of firms; and proactiveness and autonomy do not affect financial performance of manufacturing firms. Therefore, it is evident that CE dimensions significantly affect financial performance of | en_US |
dc.description.sponsorship | TECHNICAL UNIVERSITY MOMBASA | en_US |
dc.language.iso | en | en_US |
dc.publisher | International Journal of Academic Research in Business and Social Sciences | en_US |
dc.subject | financial performance, positive effect, manufacturing firm, corporate entrepreneurship,ce dimension, strategic investment,direct effect, factor analysis, competitive aggressiveness,new hypothesis,survey enable acceptance,empirical finding | en_US |
dc.title | Exploring the Effect of Corporate Entrepreneurship on Financial Performance of Firms: Evidence from Kenya’s Manufacturing Firms | en_US |
dc.type | Article | en_US |