Effects of Computerized Financial System on Financial Performance of Public Companies


Felix Koskei Kemei , Evans Mweberi ,

Download Full PDF Pages: 29-38 | Views: 745 | Downloads: 240 | DOI: 10.5281/zenodo.3445975

Volume 7 - February 2018 (02)


The main purpose of the paper was to establish the effect of the computerized financial system on financial performance of parastatals. The study adopted descriptive survey design. This study is based on the Unified theory of acceptance and use of technology UTAUT. The study took a census of 118 Parastatal found in Nairobi town. Data were collected using questionnaires. The data to be collected was analyzed using both descriptive and inferential statistics. Findings showed that Perceived usefulness, the Competent computerized financial system had a significant positive effect on financial performance. However, the Perceived cost had a significant negative effect on financial performance. Therefore, in order for firms to complete their auditing tasks more quickly, they need to embrace the use of the computerized financial system


Computerized Financial System, Financial Performance, Perceived Usefulness, Competent Computerized Financial System, Perceived Cost 


i.        Austin, H. (1993). Application of performance management in the field of applied ethics. In A. Daniels, Organizational Behaviour. London: Prentice-Hall.

ii.      Baliamoune. (2003). Infrmation Communication technology on the pace of service delivery. In McNamara, Information and communication technology. Los angeles: Institute of industrial relations publisher .

iii.    Datar, F. (1997). Acconting control and cost control. In Kothari, Business acounting and cost control 6th Edition  New Delhi: Oxford Publishers.

iv.     Gronroos. (2000). Effect of Information technology in Marketing. In Kottler, Principles of Marketing. New York: Prentice - Hall Publishers.

v.       Hadidi. (2003). Competitive pressures within a market . Association for information system.

vi.     Hauser, G. (1992). Information system in Product development. Priceton: Priceton University Press.

vii.   Kimberly E. (1981). Organizational tecnological and environment factors that influence the technological innovation decision . In K. a. Galliers, Business Information system. New Delhi: McMillan Publishers.

viii. Kombo D.K and Tromp D (2007). Proposal and Thesis writing – An Introduction.Kenya. Pauline Publications Africa. Nairobi.

ix.     Las W. (1992). Attitudes towards the creation of quality assurance program. New York: McGrall-Hill publishers.

x.       Lawrence, B.  (2001). The effect of information communication technology on organisation. In Baily, Information and Mangement. New york: Blachwell publishers.

xi.     Martz . H (2003). Relationship between financial institution and information communication technology. Association for information system

xii.   Phillip K (2000). Consumers value. New York: Prentice-Hall.

xiii. Rogers P. (1983). Innovation diffusion . In Z. a. Duncan, Business information communication technology. New Delhi: McMillan International Publisher .

xiv. Sundarajan, D. a. (2004). 2004. In K. a. Saxena, Business Information System  New Delhi: Preager Publisher.

xv.   Zeitheml B (2000). Information communication technology and customer care. In P. Kottler, Principles of Marketing. New York : Prentice-Hall.


Cite this Article: