Risk Management Practices and Resource Mobilisation Among Non-Governmental Organisations in Kenya
DOI:
https://doi.org/10.58721/rjbf.v5i1.1701Keywords:
Crisis, Mitigation strategies, Resource mobilisation, Risk managementAbstract
This study examined the relationship between risk management practices and resource mobilisation among non-governmental organisations in Kenya. The study focused on financial risk assessment, risk mitigation strategies, and crisis management planning as key dimensions of risk management. The study was guided by a positivist research philosophy and adopted an explanatory cross-sectional survey design. The target population comprised 1,188 active NGOs in Kenya, from which 299 NGOs were selected using proportionate stratified random sampling across eight administrative regions. Data was collected from senior staff involved in financial oversight and resource mobilisation using structured questionnaires. Of the 598 targeted respondents, 511 valid responses were obtained, representing a response rate of 85.45%. The data was analysed using descriptive statistics, Pearson correlation analysis, and multiple linear regression in IBM SPSS Statistics version 28. The findings showed that all three risk management dimensions were positively associated with resource mobilisation. Crisis management planning had the strongest relationship with resource mobilisation (r = 0.537, p < 0.001), followed by risk mitigation strategies (r = 0.465, p < 0.001), while financial risk assessment had a weak but statistically significant bivariate relationship (r = 0.102, p = 0.022). Regression results showed that crisis management planning (β = 0.403, p < 0.001) and risk mitigation strategies (β = 0.240, p < 0.001) were significant predictors, whereas financial risk assessment was not statistically significant (β = 0.016, p = 0.671). The study concludes that resource mobilisation is more strongly associated with actionable risk response and crisis preparedness than with risk identification alone.
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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
