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This paper aims at determining the effects of new organizational processes on financial performance of SACCOs in Kenya. The study was guided by transaction cost innovation theory. The study adopted a descriptive research design in... more
This paper aims at determining the effects of new organizational processes on financial performance of SACCOs in Kenya. The study was guided by transaction cost innovation theory. The study adopted a descriptive research design in determining the relationship of variables and employed primary data. The population of study was the 53 members of staff of Kakamega Teachers Savings and Credit Co-operative Society Limited. A sample of 44 members of staff was selected for study and the results were generalized. Data was collected by the use of a closed ended questionnaire. The quantitative data was coded on Statistical Package for Social Sciences (SPSS) Version 17 software and data analyzed by use of descriptive and inferential statistics. The findings of the study revealed that process innovations were positively correlated to financial performance.