Effect of Strategic Financial Controls on Project Implementation in Selected County Government in Western Kenya

  • Sore Caroline Ingumbi Masinde Muliro University of Science and Technology, Kenya
  • Dishon Wanjere Masinde Muliro University of Science and Technology, Kenya
  • Fredrick Kiongera Masinde Muliro University of Science and Technology, Kenya
Keywords: Financial Controls, Project Implementation, County Government

Abstract

Purpose: The study analyzed the effect of strategic financial controls on project implementation in Selected County Government in Western Kenya.

Methodology/Approach: A correlation research design was achieved. There are a total of 72 workers here, including managers, freelancers, and other employees. A pilot study was performed at the Busia County Government to test and verify the efficacy of the research instruments. If the coefficient of the research instruments was greater than 0.7, they were considered suitable for usage. Predetermined questions were used to collect data. The research data was analyzed employing a mix of descriptive and inferential (simple linear regression and correlation) statistics. The data was displayed using tables.

Findings: The research benefited county government administration, informed academics in adjacent subjects, added to the existing literature on strategic controls, and sparked more investigation into strategic planning and performance at the county level in Kenya. Specifically, a positive linear relationship was discovered between financial controls and project implementation (R = 0.897).

Implications: The research urged that since the importance of fiscal management was highlighted in the study, it was suggested that county governments make funds available to improve county performance.

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Author Biographies

Sore Caroline Ingumbi, Masinde Muliro University of Science and Technology, Kenya

MBA Student, School of Business and Economics, Strategic Management Option, Masinde Muliro University of Science and Technology, Kenya

Dishon Wanjere, Masinde Muliro University of Science and Technology, Kenya

Ph.D, Senior Lecturer, School of Business and Economics, Masinde Muliro University of Science and Technology, Kenya

Fredrick Kiongera, Masinde Muliro University of Science and Technology, Kenya

Ph.D, Senior Lecturer, School of Business and Economics, Masinde Muliro University of Science and Technology, Kenya

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Published
2024-06-30
How to Cite
Ingumbi, S. C., Wanjere, D., & Kiongera, F. (2024). Effect of Strategic Financial Controls on Project Implementation in Selected County Government in Western Kenya. Journal of Accounting and Finance in Emerging Economies, 10(2), 223-232. https://doi.org/10.26710/jafee.v10i2.3031