| dc.description.abstract | The study of ownership identity on commercial state corporation is part of management
strategic studies. Ownership identity is part of ownership structure which normally has two
components of ownership concentration and ownership identity. Corporate governance
studies have extensively been done on effects of ownership structures on corporate
performance, yet little have been done on effects of ownership identity on performance of
commercial state corporation: and that what motivated this study. The scope of the study is
commercial state corporation which has been regarded as inefficient and bureaucratic. The
major objective of the study was to investigate the effect of the of ownership identity, by
determining the influence of ownership concentration, analyzing the effects of leadership and
examining the effects of organizational culture on performance of commercial state
corporation. The independent variables that were measured individually for effect were
ownership concentration, leadership and organizational culture, which were the pillars of
Ownership identity. Ownership identity was operationalized as comprising the three variables
and regressed against performance which was the dependent variable. To get the results the
researcher conducted extensive research on the subject area, by reviewing theoretical and
empirical literature, formulated hypothesis, designed research methodology and collected both
primary and secondary data using instrument like questionnaires and reviewed document to get
both quantity and qualitative data. Finally, the data was analyze using descriptive and
regression analysis. The results showed that ownership identity had a positive effect on
performance of commercial state corporations. The study established that organizational
culture, had the greatest effect, followed by leadership and then ownership concentration had
the least effect. The study found that WSP‟s carryout business of water and sanitation services
through public-private partnership to enhance performance. These services are the
responsibilities of the government to manage but the delivery of these services have been
transferred to private limited companies. The county government are the legal owners of
WSP‟s with high level of ownership concentration, providing leadership in appointing board
of directors as the major shareholders but several stakeholders must be represented in the
board. County government as an institution have the majority share in water service
providers hence mostly influence the WSP cultures. This new form of partnership brings
with it a new set of values, beliefs and norms with influence the behaviours of different
stakeholders involvement in the performance of WSPs, defining a different organizational
culture. The research recommends a policy to define and regulate this new partnership. | en_US |
