Abstract Different researchers have failed to reach a consensus after investigating how dividend policy and volatility of share price associate at over time and hence the endless debate on how dividend policy selected by a firm affects stock prices. The relationship between dividend decisions with finance, investment and firm value makes dividend decisions a central element of corporate finance. A more effective and efficient model for dividend decision making is required by managers and inv...
Abstract Investors today are more cautious when making decisions on matters investment. They request to be equipped with information for them to be able to make informed decisions on where to put their money. This trait has been attributed to a decline in financial performance and the rising trend of corporate failures both locally and globally. The study was aimed at determining whether corporate disclosure had an effect on financial performance of companies listed on Nairobi Securities Exc...
Abstract Globally, revenue is viewed as a critical element of any state as it provides needed finances used to support key government projects such as investment in human capital, infrastructural development, and administering services to citizens and businesses. Kakamega County initiated revenue reforms in 2019 to improve revenue collection. However, the county is still experiencing massive deficits and shortfalls in its revenue collection which has hindered the completion of key projects a...
Abstract Despite the fact that the National Police Service is mandated to protect the lives and property of the people as stipulated in the Kenyan constitution, it continues to face unprecedented pressure to improve its services to the public. Despite several changes being witnessed in the recent past including annual recruitment of personnel, increased recruits training duration, acquisition of sophisticated weapons, advancement in technology and most recently the merger of Kenya police ser...
Abstract Microfinance provides low-income individuals with a range of financial and non-financial services. They are essential in advancing Kenya's economic growth and financial inclusion. Interest on initial monies provided to small and medium-sized business owners accounts for the majority of their revenue. Credit risk is the likelihood that borrowers may default on their loans. Considering that a large portion of microloans' borrowers are small businesses and low-income individuals or The...
Abstract Deposit-taking Saccos in Kenya and the North Rift, in particular, have to adjust their way of doing business in order to maximize shareholder value and increase market share. The most common problem faced by Kenyan Saccos is the determination of dividends and the rationale for those dividends being paid out. The lack of a consensus on the Kenyan dividend policy is evident. Therefore, the main purpose of this study was to establish the determinants of dividends policy decisions on th...
Abstract Social welfare is an essential element to any employee in organization. Employee welfare has raised unprecedented challenges between the employer and the employees leading to industrial unrest activities which are directed towards providing the employees with certain facilities and comfort geared towards improvement of employee’s wellbeing. The study sought to; establish the relationship between employee welfare strategies and performance; to determine the labour market strategies...
Abstract The purpose of revenue collection is to lessen inequalities in the distribution of income and wealth, in modern economics taxes are the most important sources of revenue. Since the introduction of devolved system of Government counties have witness increased cases of financial deficit in their budget. The main objective of this study was to establish the operational determinants of revenue collection efficiency in County Government of Nandi. The specific objectives were as follows: ...
Abstract Chapter four of the constitution, the Bill of Rights in Article 43, states that every person has a right to accessible and adequate housing, and to reasonable standards of sanitation.This has prompted the Kenyan government to recognize housing as one of the big four agenda of the current Jubilee government.The study sought to determine the effect of financial management practices on performance of housing cooperatives in North Rift counties, Kenya. Specifically, the study determined...
Abstract The critical role played by small and medium enterprises in growing economy cannot be underestimated. Small and Medium Enterprises (SMEs) are characterized by rapid growth and the potential to create employment and boost the GDP. Performance of Small and Medium Enterprises (SMEs) are signs of economic growth in many counties in Kenya and beyond.Although there has been improved access to credit by SMEs overtime, SMEs have continued to suffer financial challenges. Existing research in...
Abstract oor performance in the Kenya public sector consistently hindered the realization of sustainable economic growth and development since the country attained her independence in 1963. Among the noted factors that contributed to poor performance included: excessive regulations and control, frequent political interference, poor management, outright mismanagement of resources and poor guiding vision, unclear focus as to what is expected from employees and poor or no methods of measuring p...
Abstract Change is what brings forth new ideas, solutions and growth. It’s about breaking free from our circle of comfort in order to start seeing alternative routes offered to our organizations to progress in the right direction. It’s about embracing business transformation, making an organisation more agile, ready to adapt, and taking advantage of the latest innovations to boost competitiveness. County governments in Kenya have become a point interest especially in service delivery at ...
Abstract/Overview Most of the cultural heritage sites, artifact and features are under constant threat from human activities and natural processes. Oral traditions of these sites are under threat. This threat is occasioned by the lack of appreciation of oral traditions as authentic transmitter of history. KLIP is keen at conducting documentation of the existing oral traditions related to these sites both in print and audio for future generations. The most serious problem faced is the grab...
Abstract For any government to effectively carry out its primary function and other subsidiary functions, it requires adequate funding. Taxation generates public funds to governments through structured approaches. The amount of tax revenue realized or expected by any state is determined and influenced by various economic factors ranging from micro to macro-economic. In Kenya, tax revenues have, for quite some time, remained low relative to the effort and tax policies in place. This study exa...
Abstract Reward management serves thestrategic purposes of attracting, motivating and retaining employees who remain committed and enablethe organization to achieve itsgoals andobjectives. ThePublic health sector in Kenya has had numerous strikessince the sector was devolved to the county governments causing poor service delivery.This study aimedat assessing the effect of reward management practices on employee commitment.Specifically,the study sought to establish:the effect of: reward polic...