Title: Does board leadership influence bank innovativeness in Kenya?

Authors: Joel Kiplagat Tuwey; Daniel Kipkirong Tarus

Addresses: Department of Accounting & Finance, Moi University, Eldoret, Kenya ' Department of Accounting & Finance, Moi University, Eldoret, Kenya

Abstract: We used data derived from 130 deposit-taking firms in Kenya to determine how boards influence banks' innovativeness. Analyses reveal that board members' openness, board chairman's self-efficacy, board members' expertise and board independence all have a positive and significant effect on bank innovativeness. Thus, boards play a vital role in fostering innovativeness when members are open to one another, have strong industry knowledge and experience, are independent, and are led by an able and competent chairman. This article provides an understanding of how board leadership affects bank innovativeness in Kenya.

Keywords: board leadership; chairman self-efficacy; openness; expertise; independence; innovativeness; banking institutions; Kenya.

DOI: 10.1504/IJCA.2021.122948

International Journal of Critical Accounting, 2021 Vol.12 No.6, pp.492 - 512

Received: 25 Jan 2021
Accepted: 04 Aug 2021

Published online: 18 May 2022 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article