Abstract
Organizational Capital and Financial Performance; What is the Mediation Effect of Firm Innovation: Evidence from Insurance Firms in Kenya
Highlights
Performance in finances is the greatest significant pointer of a successful firm
The current study was based positivism research philosophy while employing explanatory study design. 372 respondents were selected as a sample size from population of 5273 employees of 49 insurance firms registered with Insurance Regulatory Authority (IRA) in Kenya (Insurance Regulatory Authority, 2014) using stratified and random sampling
Primary data was used after being collected by use of structured questionnaires with closed ended questions to collect information on organisation capital, firm innovation and firm performance of insurance firms in Kenya
Summary
Intense worldwide competition as a characteristic of the present business setting has produced a higher uncertainty level amongst companies in entire industries (Gavrea, Ilies, & Stegerean, 2011). This hyper-competition needs constantly superior performance being the focal point of every organization this is because the growth and progress of an organization can only be through performance. Investment of stakeholders are rewarded by good financial performance (Palaniappan, 2017). This will encourage surplus investment and leads to growth in economic
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