ABSTRACT Failure to save for retirement can result in hardships not only for the individual but for society as well. While teachers in public school have a pension scheme under the Teachers Service Commission their counterparts in private schools do not enjoy such a benefit and have to plan for their own retirement. The purpose of this study was to examine the factors influencing planning and savings for retirement amongst women from selected private schools in Nyeri County. Specifically, th...
The purpose of this study was to investigate the role of ethical practice reinforcement strategies on financial performance of rural SACCOs operating in Nyeri County. The study was guided by four objectives: to explore the role of personal behavior practice strategies in determining the financial performance of Rural SACCOs in Nyeri County, to examine the effect of organizational culture strategies in determining the financial performance of Rural SACCOs in Nyeri County, to investigate the ro...
ABSTRACT The CAPM has for a long time been used to explain the expected return on stocks. However, the discoveries of market anomalies such as the Size, Book-to-Market and the Momentum effects, have greatly undermined the CAPM’s ability to explain the expected returns on stocks. These anomalies prompted Fama and French (1993) and Carhart (1997) to propound asset pricing models that captured the effects of these anomalies in them. This study sought to test whether the CAPM, Fama and French ...
The purpose of the study was to analyze the influence of strategy implementation on organizational effectiveness in non-governmental organizations in Kenya. This research rests on six research questions stated as follows: What is the influence of leadership style on the organizational effectiveness of NGOs in Kenya? What is the influence of organizational structure on the organizational effectiveness of NGOs in Kenya? What is the influence of organizational resources on the organizational eff...
ABSTRACT Going concern risk disclosures by companies in financial reports as required by the IFRS helps investors and financial analysts to establish if going concern is in jeopardy. The management complies with IFRS but still companied end up being delisted due to going concern issues. This study was guided by three objectives: to establish if there are textual disclosures on going concern risk by listed firms in Kenya, to determine the extent of prediction of going concern risk using the se...
ABSTRACT The ability of managers to comprehend the environment in which they operate and make decisions about strategy implementation which in turn affects performance of organisations is scarcely documented in empirical studies. The purpose of this study was to examine the relationships between comprehension of external environment, decisionmaking, strategy implementation and performance of micro, small and medium enterprises in Kinshasa, Democratic Republic of Congo. This study tested the ...
ABSTRACT The objective of the study was to contrast bank performance measures and propose a single measure of performance for commercial banks in the East African Community (EAC) region. The study is in two major parts and addressed four main objectives. The first part analysed the various performance measures that have been applied by banks which include Return on Equity (RoE), Return on Assets (RoA), Net Interest Margin (NIM), Profit Margin (PM), efficiency, effectiveness and explored the ...
ABSTRACT Income generating Units have been in operation in the public Universities since their inception in 1990s. Their establishment was meant to cushion the Universities from the effects of the reduction of Government capitation to finance their recurrent and capital expenditure. The Government of Kenya was the sole financier of higher education until 1991 when it became unable to fully finance this education. To find a way out of this fiscal distress, Public Universities were called upon...
ABSTRACT The purpose of this study was to examine the impact of cross listing on share liquidity for cross listed firms within East Africa with emphasis on the domestic market which is the Nairobi Securities Exchange (NSE). A census study was carried out for all the firms that cross listed in the East African Community (EAC) in the last five years and included, Kenya Commercial Bank, Equity Bank, Nation Media Group and Centum Investments. Traded volume and turnover were used as measures of li...
Strategic positioning is about how a company positions itself to create value different from that of competition. Therefore, strategic positioning is defined as a firm’s relative position in the industry. It must lead to one of two outcomes – lower cost or higher premium. Higher premium can be charged when there is unique focus on either a product/ service or the unique needs of a few exclusive customers (niche market). Lower cost on the other hand implies a high production efficiency. On...
ABSTRACT The study was aimed to analyze the influence of human resource practices on diversity among state corporations in Mombasa County. Specific objectives were; to determine the influence of recruitment and selection on diversity among state corporations in Mombasa county, to analyze the influence of training and development on diversity among state corporations in Mombasa county, to investigate the influence of compensation on diversity among state corporations in Mombasa county and fin...
ABSTRACT Kenya aims to create internationally competitive and prosperous country’s economy by supporting industrialization under the economic pillar as spelt out in vision 2030. Small and medium hardware enterprises play a critical role in this endeavor. However, the competitiveness in small enterprises hardware shops in Imenti South sub-county has continued to intensify to an extent of threatening their growth. This curtails the creation of a stable employment and can be a deterrent to af...
ABSTRACT Revenue management is one of the most important functions of governments, but is one of the least written about subjects in the field of public financial management. Good internal controls will help align the performance of the organization with the overall objectives through continuous monitoring of the performance and activities carried out by the organizations. According to a report from the office of the auditor general, Nyeri County experienced several challenges in revenue man...
The high failure rate in strategy implementation points to the fact that strategy implementation is not an easy task, and strategic leadership is one of the key drivers of strategy implementation. The banking sector in Kenya has over the past decade performed well, a feat attributable partly to effective regulation and partly to effective strategy implementation in the banks. The study aimed at investigating the influence of strategic leadership on the effective implementation of strate...
ABSTRACT Strategy implementation is an on-going, never-ending, integrated process requiring continuous reassessment and reformation. Strategic management is dynamic, it involves a complex pattern of actions and reactions. It is partially planned and partially unplanned. Particularly, strategy implementation includes designing the organization's structure, allocating resources, developing information and decision process, and managing human resources, including such areas as the reward system,...