Abstract Environmental sustainability has become a major pillar of today’s business activities. One of the accounting information goals is to help users predict the returns on their investments. The main purpose of the study was to determine the effects of quantity environmental reporting disclosure on the financial performance of manufacturing firms listed on the Nairobi Securities Exchange. This study employed a survey research design to select manufacturing companies listed on the NSE. ...
Abstract The public sector, including the county government, has undergone massive changes over time amid the existence of several regulations and laws. The realization of efficiency and effectiveness has been a tall order. This study, therefore, sought to establish the effect of procurement planning on procurement function performance in Kakamega County Government. This study was guided by one null hypothesis. The review of the literature consisted of a theoretical review and an empirical r...
Abstract Using a qualitative methodology and a descriptive research design, this study examined the socioeconomic conditions of Migingo Island in 1991. Theories of liberalism and power informed the study through the use of phenomenological techniques, such as focus groups, oral interviews, archived materials, and secondary data. The results show that the socioeconomic dynamics of Migingo Island are related to geopolitical issues, including the territorial conflicts between Kenya and Uganda. ...
Abstract In recent years, Kenya has witnessed significant growth in both the quantity and scale of diversified equity mutual funds. Despite this expansion, their performance has not surpassed that of their benchmark, specifically the market return on a risk-adjusted basis. This assessment is based on various performance measures, including the Sharpe ratio. Poor performance of mutual funds in Kenya discourages individual and corporate investors, in addition to hindering the realization of Vi...
Abstract The purpose of this study was to look at the impact of credit risk management on the financial performance of a few Kenyan microfinance firms. The study's approach was a descriptive survey research design and a panel data analysis technique. The study comprised credit managers from all 52 Kenyan microfinance institutions registered in the Association of Microfinance Institutions in Kenya (AMFI) database. The study included all of the institutions that were targeted. The questionnair...
Abstract The contribution of Micro, Small, and Medium Enterprises (MSMEs) to economic development as well as the role of digital technology in MSME performance are underscored in many studies globally. MSMEs provide over 70% of employment, contribute to national revenue, and are considered key to increasing productivity. In Africa, MSMEs are also recognized for skill development and upward mobility in diverse geographic areas and economic sectors, provide livelihood and income for diverse se...
Abstract Kenya witnessed the failure of several banks, such as Imperial Bank and Dubai Bank. The study examined the influence of debt restructuring strategy implementation on the performance of selected commercial banks in Kisumu, Kenya. The research was based on risk management theory. The research design used in this study was a descriptive survey. Kisumu City was chosen because it is one of the fastest-growing cities in Kenya, as it is endowed with natural resources and robust industries ...
Abstract Economic growth indicates the ability of a country to alleviate the poverty rate, reduce the unemployment rate, attain a surplus in balance of payments, and achieve a sustainable increase in gross domestic product (GDP). To achieve improved and continued growth of the economy in a country, there is a need to consider the stability of macroeconomic factors. Therefore, this study sought to examine the effect of capital inflow shocks on Kenya’s economic growth. The study employed a c...
Abstract To better monitor and control risks, businesses may use risk-based internal audit (RBIA) practices. It also increases transparency and honesty in the financial reporting process. The Western Region and Kenyan Deposit Taking Savings and Credit Cooperatives (DT-SACCOs) are the primary subjects of this research. Despite having an audit department in place, some DT-SACCOs encounter difficulties in auditing their operations, such as a lack of audit evidence (too weak or incorrect) that m...
Abstract Over time, wages in the Kenyan banking sector have increased, but not at a rate that has kept up with inflation. This has had a negative effect in that the employees in the banking sector were unable to maintain the standards they were used to. In the banking industry, the average yearly wage per employee climbed from Kes 10,424 in 1968 to Kes 2,082,067 in 2021. The period from 1972 to 1994 saw the greatest loss in the buying power of earnings for banking personnel. From highs of Ke...
Abstract The effectiveness of internal auditing, particularly when it is tightly aligned with risk management frameworks, compliance standards, and strengthened internal controls, attracts substantial attention worldwide, particularly from governing authorities. This attention is directly derived from the distinct operational role that government sectors have in fostering economic activity. To achieve internal audit effectiveness, the provision of non-audit services must not be compromised. ...
Abstract Agriculture forms the backbone of the economy in most developing and developed countries. Its production has increased significantly over the last three to four decades. In 2018, it contributed to about 4% of global gross domestic product (GDP), and in 2020, it accounted for 35 percent of the gross domestic product (GDP) and 65 percent of foreign exchange earnings in Kenya. It’s also a primary source of raw materials for both national and international industries. However, its per...
Abstract Staff competency is a key factor in ensuring an organization performs and delivers on her mandates. Both professional and academic are important indicators of competency and it evolves over time in line with presenting scenarios. A mismatch between staff competencies and deployment creates apathy towards work which greatly compromises performance. At Masinde Muliro University of Science and Technology for instance, in the first half of the financial year 2021/2022, about 3% of emplo...
Abstract Microfinance Institutions (MFIs) services and activities in Kenya have helped the country reduce its poverty rate, but the country is still among the poorest in the world. Microfinance institutions in Kenya have also reported capital risk in terms of pricing since they have less flexibility to adjust prices due to their financial structure. The main objective of the study is to establishthe influence of capital risk on the financial performance of microfinance institutions in Kenya....
Abstract At the end of 2016, adults to the tune of 25 percent had not attained inclusion in financial matters. The general objective was to determine the effect of mobilebanking on financial inclusion among SMEs in Kakamega County, Kenya. This study was founded on the diffusion-innovation theory.The descriptive research design was adopted for a population of 9116, comprising 5108 small businesses and 4008 small-medium businesses in Kakamega County, Kenya. This study sampled 369 SMEs, who for...