Abstract
Objectives: The main objective of this study was to examine influence of ERM on company performance, to compare the influence of ERM on company performance before and after the operationalization of the EAC- Common Market and make recommendations on how the adoption of ERM can enhance company performance. Methodology: We adopted a positivist paradigm in a quantitative analysis using non-probability sampling to select 42 out of 76 listed companies. We adopted secondary data from academic databases and annual reports and analysed the data using SPSS to generate results. Findings: ERM has no significant influence on company financial performance represented by ROA, ROE, TBQ and PER. The study also revealed that majority of the listed companies did not adopt ERM after the operationalization of the EAC- Common Market in 2010, which may have been due to the high costs associated with its implementation.
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More From: Advanced International Journal of Banking, Accounting and Finance
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