The Influence of Information Risk on the Procurement Performance of Public Universities in Kenya
DOI:
https://doi.org/10.53819/81018102t2148Abstract
Procurement performance remains an imperative aspect of consideration in modern organizations. Public and private organizations are increasingly emphasizing procurement performance because it ensures efficiency and effectiveness of operations. However, most organizations are grappling with procurement performance due to contextual risks that deter the best outcomes from procurement operations. This study aimed to investigate the influence of information risk on the procurement performance of public universities in Kenya. The study was anchored by the resource dependence theory and the transaction cost theory. Achieving the study aim involved collecting primary data from a census of 31 public universities in Kenya using a closed-ended-questionnaire. Data collected was analyzed using Statistical Software for Social Sciences (SPSS) version 25 and presented using tables and graphs generated by the software. Reliability of the questionnaire was determined using Cronbach’s alpha (alpha>0.7) while reliability was determined based on the expert views. The findings confirmed that information risk has a significant negative impact (-1.859; p=0.013) on the procurement performance of public universities in Kenya. The study recommended on the need for conducting prior risk assessment before undertaking an outsourcing project to ensure that available information is accurate and suitable to inform the process.
Keywords: Procurement Performance, Information Risk, Public Universities, Kenya.
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