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Influence of Resource Allocation on Financial Sustainability of Selected Public Universities in Kenya: The moderating Role of Corporate Governance Principle

Author

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  • Iminyi, Jastan
  • Tibbs, Charles
  • Nelima, Mary

Abstract

Purpose: This study examined the effect of resource allocation on the financial sustainability of selected public universities in Kenya and evaluated the moderating effect of corporate governance principles on this relationship.&Design/Methodology/Approach: The study adopted a positivist research philosophy and an explanatory research design. A census of 35 chartered public universities was conducted, with data collected from 140 purposively selected respondents and secondary financial records. Descriptive statistics, regression, and hierarchical regression analyses were used to test the hypotheses.Findings: Resource allocation had a positive and significant effect on financial sustainability. Corporate governance principles also had a significant positive direct effect and significantly strengthened the relationship between resource allocation and financial sustainability.Implications/Originality/Value: The study provides empirical evidence that effective resource allocation, supported by strong corporate governance, enhances the financial sustainability of public universities. The findings offer practical guidance to university managers, governing councils, and policymakers in strengthening governance and financial management practices to promote long-term institutional sustainability.

Suggested Citation

  • Iminyi, Jastan & Tibbs, Charles & Nelima, Mary, 2026. "Influence of Resource Allocation on Financial Sustainability of Selected Public Universities in Kenya: The moderating Role of Corporate Governance Principle," Sustainable Business and Society in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 8(1), pages 219-226, March.
    • Handle: RePEc:src:sbseec:v:8:y:2026:i:1:p:219-226
    DOI: http://doi.org/10.26710/sbsee.v8i1.3882
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