EFFECTS OF GREEN TRAINING ON PERFORMANCE OF MICROFINANCE FIRMS IN NAIROBI CITY COUNTY, KENYA
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Abstract
The explicit objective of this study was to assess the effects of green training on performance of microfinance firms in Nairobi city county, Kenya. Positivism research philosophy, descriptive and explanatory research approach were used as it aimed to ascertain cause-and effect relationships between the study variables. The target audience comprised of the 13 MFIs in Nairobi city County, Kenya that are licensed by the CBK. Thus, the 13 MFIs in Kenya also formed the unit of analysis of the research while the unit of observation consisted of the senior-level, middle-level and junior-level employees in the 13 microfinance banks. The research employed Yamane formula and stratified random sampling technique to determine a sample size of 369 staff. The research data was obtained utilizing structured questionnaire which contained closed ended questions. The researcher performed a pilot study to assess the validity and reliability of the research questionnaire. The actual quantitative data that was gathered from the 369 employees was cleaned, edited, categorized, coded and analyzed through SPSS version 27 statistical software ready for analysis. The descriptive statistics comprised of percentages, means and standard deviation whereas inferential statistics consisted of correlation and regression analysis. Additionally, the study results were displayed in tables, charts and graphs since they are easily accessible and easy to interpret. Based on the regression analysis, the research discovered that green training had a substantial effect on organization performance. The research recommended that microfinance institutions in Nairobi City County in Kenya should be consistent in offering training programs that help employees improve their skills in environmental practices.
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References
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Al-Damoe, A. M. F., Yazam, M. Ahmed, B. K. (2012). The mediating effect of HRM outcomes (employee retention) on the relationship between HRM practices and organizational performance. International Journal of Human Resource Studies, 2(1), 2162 – 3058.
Alita, D., Putra, A. D., & Darwis, D. (2021). Analysis of classic assumption test and multiple linear regression coefficient test for employee structural office recommendation. IJCCS (Indonesian Journal of
Amjad, F., Abbas, W., Zia-Ur-Rehman, M., Baig, S. A., Hashim, M., Khan, A., & Rehman, H. U. (2021). Effect of green human resource management practices on organizational sustainability: the mediating role of environmental and employee performance. Environmental Science and Pollution Research, 28, 28191-28206.
Anwar, G., & Abdullah, N. N. (2021). The impact of Human resource management practice on Organizational performance. International journal of Engineering, Business and Management (IJEBM), 5.
Anyona, B. O. (2023). Green Human Resource Management and Performance of Selected Employee in Nairobi City County Government, Kenya.
Arbelo, A., Arbelo-Pérez, M., & Pérez-Gómez, P. (2021). Profit efficiency as a measure of performance and frontier models: a resource-based view. BRQ Business Research Quarterly, 24(2), 143-159.
Ashraf, D., Rizwan, M. S., & L’Huillier, B. (2022). Environmental, social, and governance integration: The case of microfinance institutions. Accounting & Finance, 62(1), 837-891.
Ayiemba, R. (2022). Influence of Corporate Governance Practices on the Financial Performance of Microfinance Banks in Kenya (Doctoral dissertation, University of Nairobi).
Barinua, V., & Akpan, A. B. (2022). Knowledge acquisition and organizational performance. Knowledge Acquisition, 8(4).
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Bozo, B. J., & Chilibasi, K. M. (2019). Green economy marketing in technical and vocational education and training in Kenya. Africa Journal of Technical and Vocational Education and Training, 4(1), 2-12.
Bula, H. O., & Makhamara, F. H. (2022). Corporate Governance and Sustainable Development in Africa: Green Human Resource Management Approach.
Dahal, R. K., Ghimire, B., & Rai, B. (2022). A balanced scorecard approach for evaluating organizational performance of Nepal Telecom. Management Dynamics, 25(1), 63-73.
Davis, G. F., & DeWitt, T. (2021). Organization theory and the resource-based view of the firm: The great divide. Journal of Management, 47(7), 1684-1697.
England, P., & Folbre, N. (2023). Reconceptualizing human capital. In A research agenda for skills and inequality (pp. 177-195). Edward Elgar Publishing.
Freeman, R. E., Dmytriyev, S. D., & Phillips, R. A. (2021). Stakeholder theory and the resource-based view of the firm. Journal of management, 47(7), 1757-1770.
Ghosh, K. (2021). Green initiatives by banking sector in India. Eurasian Journal of Management & Social Sciences, 1(4).
Gichuhi, S. G. (2022). Strategic Management Practices And Sustainability Of Micro-Finance Institutions In Kenya (Doctoral dissertation, University of Nairobi).
Greve, H. R. (2021). The resource-based view and learning theory: Overlaps, differences, and a shared future. Journal of Management, 47(7), 1720-1733.
Gupta, S., Drave, V. A., Dwivedi, Y. K., Baabdullah, A. M., & Ismagilova, E. (2020). Achieving superior organizational performance via big data predictive analytics: A dynamic capability view. Industrial Marketing Management, 90, 581-592.
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Karim, M. M., Choudhury, M. M., & Latif, W. B. (2019). The impact of training and development on employees’ performance: an analysis of quantitative data. Noble International Journal of Business and Management Research, 3(2), 25-33.
Khaskhely, M. K., Qazi, S. W., Khan, N. R., Hashmi, T., & Chang, A. A. R. (2022). Understanding the Impact of Green Human Resource Management Practices and Dynamic Sustainable Capabilities on Corporate Sustainable Performance: Evidence From the Manufacturing Sector. Frontiers in Psychology, 13, 844488.
Lewis, A. C., Cardy, R. L., & Huang, L. S. (2019). Institutional theory and HRM: A new look. Human Resource Management Review, 29(3), 316-335.
Li, J., Zhou, Y., Yao, J., & Liu, X. (2021). An empirical investigation of trust in AI in a Chinese petrochemical enterprise based on institutional theory. Scientific Reports, 11(1), 13564.
Liu, X. (2020). Understanding the Classical Researches in Contingency Theory: A Review.
Lowe, N. K. (2019). What is a pilot study?. Journal of Obstetric, Gynecologic & Neonatal Nursing, 48(2), 117-118.
Makau, M. M., & Muna, W. (2020). Effects of internal organizational policies on performance of government owned commercial banks in Kenya. International Academic Journal of Law and Society, 1(2), 1-27.
Mandago, R. J. (2019). Influence of green human resource management practices on environmental sustainability in service based state corporations in Kenya (Doctoral dissertation, JKUAT-COHRED).
Martin, N. (2023). Robust and efficient Breusch-Pagan test-statistic: an application of the beta-score Lagrange multipliers test for non-identically distributed individuals. arXiv preprint arXiv:2301.07245.
Miller, D. (2019). The resource-based view of the firm. In Oxford Research Encyclopedia of Business and Management.
Mio, C., Costantini, A., & Panfilo, S. (2022). Performance measurement tools for sustainable business: A systematic literature review on the sustainability balanced scorecard use. Corporate social responsibility and environmental management, 29(2), 367-384.
Muithya, V. M., Muathe, S., & Kinyua, G. (2021). Undoing performance in micro finance institutions: Reflections on regulatory framework in Kenya. The Journal of Entrepreneurial Finance, 23(1), 2.
Mukuru, L., & Thuo, A. (2023). Firm Characteristics and Non-Performing Loans of Microfinance Banks in Kenya. Journal of Finance and Accounting, 3(2), 32-44.
Mwiti, P. M. (2022). Influence of internal organizational factors on the performance of microfinance banks in Nairobi, Kenya (Doctoral dissertation, Strathmore University).
Park, H. (2021). Reliability using Cronbach alpha in sample survey. The Korean Journal of Applied Statistics, 34(1), 1-8.
Peters, B. G. (2022). Institutional theory. In Handbook on theories of governance (pp. 323-335). Edward Elgar Publishing.
Phina, O. N., Chike, N. K., & Anene, O. P. (2022). Perceived Organizational Prestige and Employee Retention in Microfinance Banks in Anambra State.
Sharma, D. N. K. (2022). Instruments Used in the Collection of Data in Research. Available at SSRN 4138751.
Singh, K., & Misra, M. (2021). Linking corporate social responsibility (CSR) and organizational performance: The moderating effect of corporate reputation. European Research on Management and Business Economics, 27(1), 100139.
South, L., Saffo, D., Vitek, O., Dunne, C., & Borkin, M. A. (2022). Effective use of Likert scales in visualization evaluations: A systematic review. In Computer Graphics Forum (Vol. 41, No. 3, pp. 43-55).
Towett, J. K., Sang, H., & Kingori, P. (2022). Influence of Green Recruitment and Selection on Sustainability of Selected Tea Factories in Kericho Highlands Region, Kenya.
Ullah, M. I., Aslam, M., Altaf, S., & Ahmed, M. (2019). Some new diagnostics of multicollinearity in linear regression model. Sains Malaysiana, 48(9), 2051-2060.
Zafar, A. (2023). The Impact of Mıcrofınance on Poverty Allevıatıon and Women Empowerment. Journal of Banking and Social Equity (JBSE), 2(1), 19-36.
Zahra, S. A. (2021). The resource-based view, resourcefulness, and resource management in startup firms: A proposed research agenda. Journal of Management, 47(7), 1841-1860.
Zhou, R., Abbasi, K. R., Salem, S., Almulhim, A. I., & Alvarado, R. (2022). Do natural resources, economic growth, human capital, and urbanization affect the ecological footprint? A modified dynamic ARDL and KRLS approach. Resources Policy, 78, 102782.
Ahmed, A. (2021). The Effect of Organisation Size on Efficiency of Microfinance Banks in Kenya (Doctoral dissertation, University of Nairobi).
Al-Damoe, A. M. F., Yazam, M. Ahmed, B. K. (2012). The mediating effect of HRM outcomes (employee retention) on the relationship between HRM practices and organizational performance. International Journal of Human Resource Studies, 2(1), 2162 – 3058.
Alita, D., Putra, A. D., & Darwis, D. (2021). Analysis of classic assumption test and multiple linear regression coefficient test for employee structural office recommendation. IJCCS (Indonesian Journal of
Amjad, F., Abbas, W., Zia-Ur-Rehman, M., Baig, S. A., Hashim, M., Khan, A., & Rehman, H. U. (2021). Effect of green human resource management practices on organizational sustainability: the mediating role of environmental and employee performance. Environmental Science and Pollution Research, 28, 28191-28206.
Anwar, G., & Abdullah, N. N. (2021). The impact of Human resource management practice on Organizational performance. International journal of Engineering, Business and Management (IJEBM), 5.
Anyona, B. O. (2023). Green Human Resource Management and Performance of Selected Employee in Nairobi City County Government, Kenya.
Arbelo, A., Arbelo-Pérez, M., & Pérez-Gómez, P. (2021). Profit efficiency as a measure of performance and frontier models: a resource-based view. BRQ Business Research Quarterly, 24(2), 143-159.
Ashraf, D., Rizwan, M. S., & L’Huillier, B. (2022). Environmental, social, and governance integration: The case of microfinance institutions. Accounting & Finance, 62(1), 837-891.
Ayiemba, R. (2022). Influence of Corporate Governance Practices on the Financial Performance of Microfinance Banks in Kenya (Doctoral dissertation, University of Nairobi).
Barinua, V., & Akpan, A. B. (2022). Knowledge acquisition and organizational performance. Knowledge Acquisition, 8(4).
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of management, 17(1), 99-120.
Bozo, B. J., & Chilibasi, K. M. (2019). Green economy marketing in technical and vocational education and training in Kenya. Africa Journal of Technical and Vocational Education and Training, 4(1), 2-12.
Bula, H. O., & Makhamara, F. H. (2022). Corporate Governance and Sustainable Development in Africa: Green Human Resource Management Approach.
Dahal, R. K., Ghimire, B., & Rai, B. (2022). A balanced scorecard approach for evaluating organizational performance of Nepal Telecom. Management Dynamics, 25(1), 63-73.
Davis, G. F., & DeWitt, T. (2021). Organization theory and the resource-based view of the firm: The great divide. Journal of Management, 47(7), 1684-1697.
England, P., & Folbre, N. (2023). Reconceptualizing human capital. In A research agenda for skills and inequality (pp. 177-195). Edward Elgar Publishing.
Freeman, R. E., Dmytriyev, S. D., & Phillips, R. A. (2021). Stakeholder theory and the resource-based view of the firm. Journal of management, 47(7), 1757-1770.
Ghosh, K. (2021). Green initiatives by banking sector in India. Eurasian Journal of Management & Social Sciences, 1(4).
Gichuhi, S. G. (2022). Strategic Management Practices And Sustainability Of Micro-Finance Institutions In Kenya (Doctoral dissertation, University of Nairobi).
Greve, H. R. (2021). The resource-based view and learning theory: Overlaps, differences, and a shared future. Journal of Management, 47(7), 1720-1733.
Gupta, S., Drave, V. A., Dwivedi, Y. K., Baabdullah, A. M., & Ismagilova, E. (2020). Achieving superior organizational performance via big data predictive analytics: A dynamic capability view. Industrial Marketing Management, 90, 581-592.
Hassan, A. N. (2019). Testing the Mediating Role of Sustainable Competitive Advantage in the Relationship between Green Human Resource Management Practices and Perceived Organizational Performance.
Kaplan, R. S., & Norton, D. P. (2001). The strategy-focused organization: How balanced scorecard companies thrive in the new business environment. Harvard Business Press.
Kapukha, J., & Makau, M. S. (2023). Strategic positioning and is it a useful construct in improving performance of microfinance institutions in Kenya. International Journal of Research in Business and Social Science (2147-4478), 12(7), 136-152.
Karim, M. M., Choudhury, M. M., & Latif, W. B. (2019). The impact of training and development on employees’ performance: an analysis of quantitative data. Noble International Journal of Business and Management Research, 3(2), 25-33.
Khaskhely, M. K., Qazi, S. W., Khan, N. R., Hashmi, T., & Chang, A. A. R. (2022). Understanding the Impact of Green Human Resource Management Practices and Dynamic Sustainable Capabilities on Corporate Sustainable Performance: Evidence From the Manufacturing Sector. Frontiers in Psychology, 13, 844488.
Lewis, A. C., Cardy, R. L., & Huang, L. S. (2019). Institutional theory and HRM: A new look. Human Resource Management Review, 29(3), 316-335.
Li, J., Zhou, Y., Yao, J., & Liu, X. (2021). An empirical investigation of trust in AI in a Chinese petrochemical enterprise based on institutional theory. Scientific Reports, 11(1), 13564.
Liu, X. (2020). Understanding the Classical Researches in Contingency Theory: A Review.
Lowe, N. K. (2019). What is a pilot study?. Journal of Obstetric, Gynecologic & Neonatal Nursing, 48(2), 117-118.
Makau, M. M., & Muna, W. (2020). Effects of internal organizational policies on performance of government owned commercial banks in Kenya. International Academic Journal of Law and Society, 1(2), 1-27.
Mandago, R. J. (2019). Influence of green human resource management practices on environmental sustainability in service based state corporations in Kenya (Doctoral dissertation, JKUAT-COHRED).
Martin, N. (2023). Robust and efficient Breusch-Pagan test-statistic: an application of the beta-score Lagrange multipliers test for non-identically distributed individuals. arXiv preprint arXiv:2301.07245.
Miller, D. (2019). The resource-based view of the firm. In Oxford Research Encyclopedia of Business and Management.
Mio, C., Costantini, A., & Panfilo, S. (2022). Performance measurement tools for sustainable business: A systematic literature review on the sustainability balanced scorecard use. Corporate social responsibility and environmental management, 29(2), 367-384.
Muithya, V. M., Muathe, S., & Kinyua, G. (2021). Undoing performance in micro finance institutions: Reflections on regulatory framework in Kenya. The Journal of Entrepreneurial Finance, 23(1), 2.
Mukuru, L., & Thuo, A. (2023). Firm Characteristics and Non-Performing Loans of Microfinance Banks in Kenya. Journal of Finance and Accounting, 3(2), 32-44.
Mwiti, P. M. (2022). Influence of internal organizational factors on the performance of microfinance banks in Nairobi, Kenya (Doctoral dissertation, Strathmore University).
Park, H. (2021). Reliability using Cronbach alpha in sample survey. The Korean Journal of Applied Statistics, 34(1), 1-8.
Peters, B. G. (2022). Institutional theory. In Handbook on theories of governance (pp. 323-335). Edward Elgar Publishing.
Phina, O. N., Chike, N. K., & Anene, O. P. (2022). Perceived Organizational Prestige and Employee Retention in Microfinance Banks in Anambra State.
Sharma, D. N. K. (2022). Instruments Used in the Collection of Data in Research. Available at SSRN 4138751.
Singh, K., & Misra, M. (2021). Linking corporate social responsibility (CSR) and organizational performance: The moderating effect of corporate reputation. European Research on Management and Business Economics, 27(1), 100139.
South, L., Saffo, D., Vitek, O., Dunne, C., & Borkin, M. A. (2022). Effective use of Likert scales in visualization evaluations: A systematic review. In Computer Graphics Forum (Vol. 41, No. 3, pp. 43-55).
Towett, J. K., Sang, H., & Kingori, P. (2022). Influence of Green Recruitment and Selection on Sustainability of Selected Tea Factories in Kericho Highlands Region, Kenya.
Ullah, M. I., Aslam, M., Altaf, S., & Ahmed, M. (2019). Some new diagnostics of multicollinearity in linear regression model. Sains Malaysiana, 48(9), 2051-2060.
Zafar, A. (2023). The Impact of Mıcrofınance on Poverty Allevıatıon and Women Empowerment. Journal of Banking and Social Equity (JBSE), 2(1), 19-36.
Zahra, S. A. (2021). The resource-based view, resourcefulness, and resource management in startup firms: A proposed research agenda. Journal of Management, 47(7), 1841-1860.
Zhou, R., Abbasi, K. R., Salem, S., Almulhim, A. I., & Alvarado, R. (2022). Do natural resources, economic growth, human capital, and urbanization affect the ecological footprint? A modified dynamic ARDL and KRLS approach. Resources Policy, 78, 102782.