ABSTRACT Real estate financing has a significant effect on the value of income-producing real estate as it has on any investment vehicle. The effect is evident as it impacts on one’s capability to purchase commercial properties. The current competitive real estate business has led to most financial institutions and investors scrutinizing the financing variances given the important role that credit market and the investors play in the performance of the real estate industry. The aim of this ...
ABSTRACT Firms listed at the Nairobi Securities Exchange (NSE) contribute significantly to Gross Domestic Product (GDP), averagely contributing 17.6% annually during the period 2003 to 2017. However, financial performance of listed firms remains poor as evidenced by delisting and suspension of 16% of firms in the same period, which threatens Kenya’s economic growth. Although empirical evidence links financial performance to both board composition and financial leverage, results are inconclu...
ABSTRACT This has been an area of interest since SACCOs in Kisumu County have in the past registered declining trends; often times leading to collapse of some due to lack of competitive management skills, noncompliance with capital base threshold required by SASRA, non-recovery of loans due to poor credit management, Weak internal control systems leading to misappropriation of funds by management and untimely audits. Link between credit management and financial Performance is still not clear ...
ABSTRACT The manufacturing sector in Tanzania is ranked as third most important to the Tanzania‟s economy after Agriculture and Tourism. However, the sector‟s internal financing is insufficient. The general objective of the study was to examine the factors which influence the capital structure of the manufacturing companies listed at Dar es Salaam Stock Exchange. The „study used a sample of five manufacturing companies listed at Dar es salaam Stock Exchange, to represent all listed man...
ABSTRACT Despite the fact that business operational factors (technological, cost and security) among other factors employed by SACCOs are key to the adoption of e-banking, SACCOs in Kenya have continued to comparatively register low e-banking adoption rates. Although previous research outcomes present positive relationship between independent variables (technology, cost, and security) and dependent variable (adoption of technology) there exist contradictory findings with cases of inconsistenc...
ABSTRACT Available information reveal that financial performance of Public Universities has continued to dwindle despite implementation efforts to their budgets with its inherent control features. Budgetary Control refers to how well managers utilize budgets to monitor and control costs and operations in a given accounting period. It is a process for managers to align financial performance goals with budgets, compare actual results and adjust performance. Sound financial performance is a core...
ABSTRACT The last decade has seen phenomenal investments in real estate. According to a report by Wisconsin School of Business in 2016, Association of Foreign Investors in Real Estate (AFIRE) with an estimated $2 trillion or more in real estate assets under management globally, reported intention to increase their investment in US. Real estate investment contributed 9% of Kenya's GDP in 2016. In Kisumu City, real estate investors have a total per annum return of 13.3%, with an income yield of...
Abstract: The study’s main goal was to examine the influence of employee empowerment on employee performance in organizations. The descriptive research design with a focus of questionnaire instruments developed around the main variables for the study. The target population for the study included all the 264 officers of Goaso Divisional of the Ghana Police Service. Out of which a sample of 132 officers invited to participate in the study using the stratified sampling technique. Data was anal...
ABSTRACT Non-financial firms listed in the Nairobi Securities Exchange (NSE) have faced numerous challenges ranging from declining after tax profits, delisting or suspension at 21.3% between 2012 and 2018. This indicates that financial leverage also remains a challenge. Further, studies reviewed on leverage-performance and firm size-performance relationships posted mixed results. While the reported studies have been conducted elsewhere, no known study has attempted to integrate the three vari...
ABSTRACT Company’s investments are one of the factors that affect the market capitalization mainly because investment decisions are associated with the decisions about the allocation and the use of funds for the short-term and long-term purposes. Capital investment decisions are also irreversible and highly risky, thus a wrong investment decision can lead companies even to financial distress, which may negatively affect the firm’s stock returns. This study therefore sought to determine th...
ABSTRACT The Government of Kenya in its endeavor to enhance service delivery and accountability in the public finance management has introduced Integrated Financial Management Information System (IFMIS) for all its financial and accounting processes such as revenue collection, fiscal planning, supply chain management and expenditure control. Since its inception in 2003, it is evident that IFMIS implementation has had challenges in driving day-to-day operations of the government systems. A num...
ABSTRACT Risk based internal auditing being a methodology that links internal auditing to an organization’s overall risk management framework, provides risk management process, annual audit planning, internal audit capacity and internal auditing standards which improves the efficiency of the internal control system of an organization thereby improving the overall financial performance. Existing literature demonstrate that RBA has capacity of risk identification and reduction i.e. its adopti...
ABSTRACT Since independence in 1961, the government of Tanzania invested heavily in manufacturing sector allowing it to grow smoothly. Despite improvement in macroeconomic stability in the 2000s, the performance of Tanzania‟s manufacturing sector remains unimpressive. It is believed that a good composition of board structure is necessary to ensure sound financial performance of manufacturing firms. Therefore, this study examines the effects of board structure to the financial performance o...
ABSTRACT The role of consulting services from the consulting firms like SIDO, Audit and Accounting Firms, and Ministry of Industry and commerce for small and medium enterprises (SMEs) growth and sustainability is poorly known especially their influence in the SMEs performance. The main objective of this study was to examine the role of consulting services in the performance of SMEs, using Dodoma Region as a case study. The study used a cross-sectional design method to collect data from one p...
ABSTRACT The study examines factors affecting revenue collection in Local Government Authorities in Tanzania. Specifically, the study focused on identifying revenue sources in selected six LGAs (Kilolo, Uvinza, Nyang’wale, Rorya, Chemba and Kakonko), to determine the influence of internal control system in revenue collection, organization factors, and individual characteristics of the responsible personnel in revenue collection in selected LGAs. A cross section research design was employed...