ISSN: 2225-8329
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This study was carried out to establish the influence of financial capability on competitiveness of local pharmaceutical manufacturing firms in Kenya. The study used both descriptive and explanatory research designs. The population for this census study was all the 31 local manufacturing pharmaceutical firms in Kenya. The CEOs or managing directors, finance, human resource, marketing, operations and quality compliance managers were the target respondents. Primary data was collected using questionnaires. Descriptive and inferential statistics were conducted. Results showed that respondents agreed that financial capability had an influence on competitiveness of local pharmaceutical manufacturing firms in Kenya. The study concluded that financial capability influenced competitiveness of pharmaceutical manufacturing firms in Kenya. the study recommends management of pharmaceutical manufacturing firms to forecast the firms’ income and expenditure, monitor emerging financial patterns and capital expenditure.
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(Githaiga et al., 2024)
Githaiga, I. K., Oloko, M., & Deya, J. (2024). Financial Capability and Competitiveness of Local Pharmaceutical Manufacturing Firms in Kenya. International Journal of Academic Research in Accounting Finance and Management Sciences, 14(2), 20–28.
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