Economit Journal
Vol 3 No 3 (2023): Economit Journal: Scientific Journal of Accountancy, Management and Finance: (Aug

Corporate Technological Capability as a Driver to Firm Performance: A Study on Firms Listed at the Nairobi Securities Exchange

Ndungu Samuel Machiri (PhD Candidate, JKUAT Kenya)
Margaret Oloko (Lecturer, JKUAT, Kenya)
John Karanja Ngugi (Lecturer, Kenyatta University, Kenya)
Romanus Odhiambo (Vice Chancellor, MUST, Kenya)



Article Info

Publish Date
31 Aug 2023

Abstract

The aim of this paper was to assess the role played by corporate technological capabilities on firm performance. The ability of a firm to integrate information technology in its operations has been known to be integral in driving organizational success by promoting efficiency and effectiveness. The prevailing underperformance of the listed firms in Kenya raises the question on whether these firms have integrated adequate technology and whether they have what it takes to effectively incorporate technology in their operations, hence the subject of this study. Through a descriptive and exploratory research design, the study surveyed 240 senior management personnel drawn from the 64 listed firms using a structured questionnaire. The data was analysed using SPSS and Amos software for descriptive statistics and structural equation modelling respectively. The findings revealed that technological capabilities had a significant influence on the performance of firms listed at the NSE (R2 = .096; β = 0.150; P=0.0001<0.05). It was concluded that through adequate ICT infrastructure, ICT human skills and the commitment to integrate and accept use of ICT, the listed firms would strengthen their operational efficiency thus record superior performance.

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Journal Info

Abbrev

economit

Publisher

Subject

Description

Economit Journal: Scientific Journal of Accountancy, Management and Finance is an international journal using a peer-reviewed process published in February, May, August and November by Britain International for Academic Research Publisher (BIAR-Publisher). Economit welcomes research papers in ...