Browsing by Author "Omare, Albert N"

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    Effect Of Sustainability Finance Practices On Organizational Performance Of Commercial Banks In Kenya
    (KCA University, 2023) Omare, Albert N
    The study focused on the adoption and implementation of sustainability finance practices by commercial banks in Kenya and their impact on organizational performance. It highlights the challenges posed by unsustainable business models and the need for coordinated sustainability initiatives within the banking sector. The research aims to examine the effects of environmental, social, and governance sustainability on banks' performance, based on theories such as agency, stakeholders', and legitimacy theories. The study used descriptive research design and targeted all 39 licensed commercial banks in Kenya. A sample of 117 senior finance managers were selected using a simple random sampling technique, and data was collected through a structured questionnaire. The findings suggest that banks in Kenya are actively engaged in sustainability practices, including the production of sustainability reports, environmental policy statements, staff training, and diverse board compositions. These practices have the potential to positively influence organizational performance by fostering responsible and ethical operations. However, the study acknowledges the need for more representative samples and continued efforts to address demographic imbalances in future research.