Corporate Social Responsibility and Firm Performance; Effect of Sustainability Management Systems in Selected Kenyan Sugar Companies
Journal Title: International Journal of Research in Education and Social Sciences - Year 2018, Vol 1, Issue 2
Abstract
Sugarcane Company’s performance has remained to be one of the challenging facts in the growing companies in Kenya today. The delays in harvesting operations are attributed to uncoordinated and unpredictable harvesting and transport schedules; and inefficiencies in mill operations. Therefore, the main aim of the study is to determine the influence of Sustainability Management Systems CSR on firm performance of selected sugarcane companies in Kenya. The study is guided by Corporate Social Performance Theory. This study used ex- post facto research design. Ex- post facto research design determines and reports the way things are. The target population was 528 employees. This study therefore sampled 228 respondents. Purposive sampling technique was used to select 10 managers, 24 supervisors, 38 accountants and 156 clerks from the 7 sugarcane companies because they have specific information concerning the effects of corporate social responsibility practice on firm performance of selected sugarcane companies in Kenya. Pilot study was done in order to test for validity and reliability of the research tools. The pilot study was done in TransMara Sugar Company found in rift Valley region of Kenya. For inferential statistics, correlation and multiple regression was used for comparative analysis between frequencies of corporate social responsibility practice on firm performance. The study findings indicated that sustainability management systems have an effect on firm performance. The government will use this study in establishing policies that would ensure improvement in firm performance of sugarcane processing firms among other firms in Kenya. The study recommends that the companies should encourage sustainability management systems since sustainable management systems is an important mechanism for improving corporate sustainability performance. It can generate business value through measurement and management of sustainability risks and opportunities. The study recommends further researchers to study on corporate social responsibility strategy and financial performance of firms in Kenya which the study didn’t cover.
Authors and Affiliations
Kelvin Mwibanda Wekesa, Geoffrey Kimutai Kiptum
Keywords
Related Articles
- EP ID EP421106
- DOI -
- Views 43
- Downloads 0
Language Teachers’ Cognition and Classroom Practice: A Study of Teaching English Vocabulary in Busia County, Kenya
Language is the basic mechanism in representation and expression of information. It is instrumental in enabling human beings form social intuitions. The mental representation about the world that is communicated in any s...
ROLE OF SOCIO-CULTURAL FACTORS INFLUENCE TOWARDS FOOD CHOICES AMONG HOUSEHOLD IN KIAMBAA SUB COUNTY, KENYA
This study focused on factors influencing households’ behavior and attitudes towards food choices in Kiambaa sub-county, Kiambu County. Therefore, this study explored socio-cultural factors on household food choices. Str...
Establishing the role Played by the Local Native Council in the Development of Western Education in Nandi during the Inter-War Period (1923 – 1938)
This study analyzed the role of the Local Native Council (LNC) in the development of Western education. The Local Native Council was an outfit created by the colonial government following the enactment of the LNC Ordinan...
Society, Patriarchy and the Church in the Subjugation of the Woman in Worship:The Case of Trousers in Kenya
The twenty first century with its many achievements has not transcended the common saying that; the more things change the more they remain the same. This seems to be the case in matters of dress especially with referenc...
Gender Difference in Levels of Business Ethics among Traders in Katito Market, Kisumu County, Kenya
The main purpose of the study was to determine the gender difference in levels of knowledge and practice of business ethics among traders in Katito market. The crossectional survey was carried out among 20 (40% of target...