INFLUENCE OF PROCUREMENT PRINCIPLES ON PERFORMANCE OF STATE OWNED COMMERCIAL AND MANUFACTURING FIRMS IN NAIROBI CITY COUNTY, KENYA

PROCUREMENTT ,SUPPLY CHAIN MANAGEMENT

This study sought to establish the Influence of Procurement principles on Performance of State Owned Commercial and Manufacturing Firms in Nairobi City County, Kenya. The independent variables of the study were; Maximization of Value for money, Transparency and Accountability, Integrity and Professionalism. The study was guided by Institutional, Legitimacy and Agency Theories. A Cross-sectional research design was adopted, the target population was drawn from state owned commercial and manufacturing firms in Kenya. It comprised 25 state owned commercial and manufacturing firms. The study used a semi structured questionnaire. The response rate of this study was 94%. The findings indicates that maximization of value for money influences performance by 70.3%, Transparency and Accountability by 55%, Integrity by 32.8%, Professionalism by 83.5%. The four variables jointly influence performance by 89.1%. all the variables were significant since they had P Value less than 5%. In conclusion professionalism plays a crucial role in the performance of state-owned commercial and manufacturing firms.

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