Abstract: The main objective of this study was to assess the effect of the board composition on the financial performance of supermarkets in Kenya. The study used descriptive research design. The total target population was 30 supermarkets in Nairobi County selected based on monthly sales of Ksh.150, 000 and above and with a minimum of two branches. This study collected primary data by use of semi-structured questionnaires. Purposive sampling technique was used to pick respondents from the management of these supermarkets as they were deemed to be the ones with crucial information for this study. Validity and reliability of the instruments for research was tested through a pre-test. Cronbach alpha test was utilized to test for reliability of this paper. The analysis of Multiple Regression (Standard), Descriptive Statistics and Inferential statistics was used to analyze data. SPSS software (version 21.0) was adopted to assist in data analysis and presentation. The study used tables and charts to present the findings. The study found out that board size and financial performance are negatively related and significant and therefore the study concluded that a shrink in board size means an increase in supermarkets’ financial performance and an increase in board size means a decrease in supermarkets’ financial performance.
Keywords: Board Size, Financial Performance, Supermarkets, Corporate Governance.
Title: EFFECT OF BOARD SIZE ON THE FINANCIAL PERFORMANCE OF SUPERMARKETS IN KENYA: A CASE OF NAIROBI COUNTY
Author: Micah Kipkirui Cheruiyot, Antony Sije
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Research Publish Journals
