TY - JOUR TT - Determinants of Financial Performance of Commercial Banks in Kenya AU - Ongore, Vincent Okoth AU - Kusa, Gemechu Berhanu PY - 2013 DA - March JF - International Journal of Economics and Financial Issues JO - IJEFI PB - İlhan ÖZTÜRK WT - DergiPark SN - 2146-4138 SP - 237 EP - 252 VL - 3 IS - 1 KW - Financial Performance KW - Bank Specific Factors KW - Macroeconomic Variables N2 - Studies on moderating effect of ownership structure on bank performance are scanty. To fill this glaring gap in this vital area of study, the authors used linear multiple regression model and Generalized Least Square on panel data to estimate the parameters. The findings showed that bank specific factors significantly affect the performance of commercial banks in Kenya, except for liquidity variable. But the overall effect of macroeconomic variables was inconclusive at 5% significance level. The moderating role of ownership identity on the financial performance of commercial banks was insignificant. Thus, it can be concluded that the financial performance of commercial banks in Kenya is driven mainly by board and management decisions, while macroeconomic factors have insignificant contribution. UR - https://dergipark.org.tr/en/pub/ijefi/issue//351900 L1 - https://dergipark.org.tr/en/download/article-file/362760 ER -