Risk Management Strategies, Information Sharing and Performance of Public Universities in Kenya

Risk encompasses any factor potentially hindering the attainment of objectives in universities. As key educational institutions, public universities in Kenya face a range of risks that influence their overall performance and sustainability. Specifically, it assesses the impact of integrated risk management, relationship risk management, proactive risk management, and internal risk control strategies on university performance. Additionally, the study examines the moderating role of information sharing in strengthening the relationship between these risk management strategies and performance outcomes. The research is anchored on two theories: Enterprise Risk management Theory and Financial Risk Theory. A systematic research design was adopted. Primary data were collected using semi-structured questionnaires administered to 200 University Management officials, including Deputy Vice-Chancellors and Directors from Finance, Academics, HRM, and Quality Assurance departments across 10 public universities in Kenya. Secondary data on performance indicators, such as student retention, research excellence, staff retention, and revenue generation, were obtained from University Annual reports covering 2019 to 2023. Data was analyzed using descriptive and inferential statistics with SPSS.