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The Moderating Effect of Innovation on the Relationship between Enterprise Risk Management Strategies and Performance of Christian Hospitality Sectorin Kenya – An Empirical Overview

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  • Midikira Kibisu
  • Zachary Awino

Abstract

This study intended to determine the moderating effect of Innovation on the relationship between Enterprise risk Management Strategies (ERMS) and performance. The context of the study was the Christian-based hospitality businesses in Kenya. Indicators of performance were both financial and non-financial and data was sought both from primary and secondary sources. The Null hypothesis was formulated for testing the relationship using a significance p-value of p<0.05. The study adopted a positivistic philosophy using descriptive cross-sectional survey design on a population of 76 Christian-based hospitality businesses in Kenya which are unlisted. A 65.8 % response rate was achieved. This concludes that innovationsadopted by Christian Hospitality Sector in Kenya have a significant moderating effect on the relationship between enterprise risk managementstrategies and performance. The results implies that for the Christian-Based Hospitality Businesses in Kenya to improve performance effective enterprise risk management strategies must combine with effective innovative practices in order to perform well.

Suggested Citation

  • Midikira Kibisu & Zachary Awino, 2017. "The Moderating Effect of Innovation on the Relationship between Enterprise Risk Management Strategies and Performance of Christian Hospitality Sectorin Kenya – An Empirical Overview," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(12), pages 212-212, November.
    • Handle: RePEc:ibn:ijbmjn:v:12:y:2017:i:12:p:212
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    References listed on IDEAS

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    3. Camisón, César & Villar-López, Ana, 2014. "Organizational innovation as an enabler of technological innovation capabilities and firm performance," Journal of Business Research, Elsevier, vol. 67(1), pages 2891-2902.
    4. Samantha Miles, 2012. "Stakeholder: Essentially Contested or Just Confused?," Journal of Business Ethics, Springer, vol. 108(3), pages 285-298, July.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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