Title:
INFLUENCE OF CORPORATE GOVERNANCE ON STRATEGY IMPLEMENTATION IN KENYA AGRICULTURAL AND LIVESTOCK RESEARCH ORGANIZATION

Authors:
Ruth Igamba and Dr. George Wanderi Karanja

Abstract:
The study sought to examine the role of corporate governance on strategy implementation in Kenya Agricultural and Livestock Research Organization (KALRO). More specifically the study examined the role of resource allocation, communication, leadership, stakeholder involvement and strategic decision making on strategy implementation in KALRO. Theories used in the study included Stewardship Theory, Stakeholder Theory and Agency Theory. The study adopted a descriptive research design. The target population of the study was 64 senior managers in KALRO, Nairobi region. Questionnaires were used for data correction. Questionnaires were tested for validity and reliability. Statistical package for social sciences was used for analyzing data. Data was analyzed using descriptive statistics which included frequency, percentages, mean and standard deviation and inferential statistics which included regression and correlation analysis and data was presented in tables. The study examined that resource allocation, communication, leadership, stakeholders’ involvement and strategic decision making had a significant influence on strategy implementation. The researcher concluded that resource allocation, communication, leadership, stakeholders’ involvement and strategic decision making had significantly influenced strategic implementation in KARLO. The study recommended that the firm should make informed decisions that enable it to implement its strategies as these strategies will help the firm to run the business