EFFECT OF SOCIAL-AWARENESS LEADERSHIP COMPETENCY ON PERFORMANCE OF STATE CORPORATIONS IN KENYA
Keywords:
Social Awareness Leadership Competency, Financial Performance, Non-financial PerformanceAbstract
Purpose: The main objective of the study was to establish the effect of social awareness leadership competency on performance of state corporations in Kenya.
Methodology: The study adopted a cross-sectional survey research design.
Findings: Results revealed that the social awareness leadership competency had a positive a significant relationship with the financial performance of state corporations in Kenya. Results also revealed that social awareness leadership competency had a positive but insignificant relationship with the non-financial performance of state corporations in Kenya. This implies that social awareness leadership competency only influenced the financial performance of state corporations.
Unique contribution to theory, practice and policy: Leadership competencies affect the development, functioning and management of state corporations thus improving the performance of these organizations. Hence, the study findings and recommendations of the study would be an eye opener to these corporations and provide them with the opportunity of improving its social awareness leadership competencies. The findings of this study will also facilitate the availability of information for regulatory bodies such as CMA and NSE (in case of listed state corporations such as Kenya Power and Lighting Company) or supervisory bodies such as Inspectorate of State Corporations, Controller and Auditor-General. Additionally, bilateral and multilateral donor organizations and creditors wish to know its social awareness leadership competencies of state corporations so as to make informed decisions on whether to finance them or not. This study will highlight the social awareness leadership competencies in the state corporations and provide suggestions for remedy. Lastly, given the limited knowledge in the same field, the findings of this study may also be used as a source of reference for other researchers.
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