The Effect of CEO personality traits on the financial performance of insurance companies in Kenya (Record no. 317548)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02762nam a22001937a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 230615b |||||||| |||| 00| 0 eng d |
| 050 ## - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HG8089.N935 2022 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Nyakundi, Mary |
| 245 ## - TITLE STATEMENT | |
| Title | The Effect of CEO personality traits on the financial performance of insurance companies in Kenya |
| Statement of responsibility, etc | Mary Nyakundi |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Nairobi: |
| Name of publisher, distributor, etc | Strathmore University; |
| Date of publication, distribution, etc | 2022. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | xii,119p. |
| Other physical details | ill. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | In Kenya, poor corporate governance practices have led to the collapse of big corporations among them insurance companies. Personality traits model leadership style, change management tactics, and investment decisions taken by CEOs thereby enhancing or inhibiting the financial performance of firms. CEO personality is thus likely to have a significant direct and interactive effect on a firm`s performance. Based on numerous reviewed personality studies knowledge gaps emerged on the effect of CEO personality traits on the financial performance of insurance companies in Kenya. This study sought to determine the effects of the five CEO personality traits (Emotionality, Extraversion, Agreeableness, Conscientiousness, and Openness to Experience) on the financial performance of insurance companies in Kenya. A descriptive correlation research design was employed and primary data was gathered using structured or closed-ended questionnaires from a sample of 34 CEOs and 88 other senior management staff. Descriptive statistical analysis, factor analysis, correlational analysis, and ordinal regression techniques were also employed. The results from the 34 CEOs show that CEO Openness and CEO Agreeableness had a significant positive effect while CEO Extroversion had a significant negative effect on the financial performance of Insurance companies in Kenya. The results from the 88 senior management staff show that except for CEO Openness and CEO Agreeableness, which had a significant positive effect the other 3 CEO personality traits had no significant effect on financial performance of insurance companies in Kenya. The study recommended effective top management training to improve personality traits crucial in the achievement of the organization’s goals and objectives. Additionally, the management of the Insurance companies can develop appropriate CEO appraisal mechanisms to identify, develop and apply effective personality traits with a significant positive influence on performance to precisely promote financial performance among insurance companies in Kenya. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | personality traits |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | financial performance |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | insurance |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | James Ndegwa |
| Titles and other words associated with a name | [Dr.] |
| Relator term | Supervisor |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | https://su-plus.strathmore.edu/items/5e86b984-43f5-49df-9a73-673517861e50 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Library of Congress Classification |
| Item type | Thesis |
| CIN (SU) | NI |
| Course Code | Master of Commerce |
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