ABSTRACT Acknowledging that women had been marginalized in access to formal financing, the government of Kenya introduced the Women Enterprise Fund (WEF) to provide an alternative, easily accessible and affordable finance. However despite the efforts made by the government, most women enterprises still are not accessing the funds as anticipated in this government endeavors. There has been concern among various stakeholders that even though the government has availed affordable funds for women...
ABSTRACT Pyrethrum production, processing and marketing has been faced with many challenges, evidenced by Kenya losing the top position of global supplier of pyrethrum. Kenya used to control 70% of the global pyrethrum market share. However, the production, processing and marketing of pyrethrum flowers has dwindled in recent years. According to the Pyrethrum Board of Kenya, markets have been lost to other competing countries, while farmers are shifting to alternative crops. While past studies...
ABSTRACT Financial literacy has been identified as one of the key competencies required for the establishment, management and thriving of SMEs. However, the exact effect financial literacy has on the financial performance of SMEs has not been fully established by the past literature thus the need for further research in this area. This study sought to establish the influence of financial literacy on the financial performance of SMEs in Ruiru sub county, Kiambu County, the specific objectives ...
ABSTRACT Throughout the developing world, the growing availability of consumer credit and the heightened competition between microfinance institutions have made the necessity of borrower information all the more apparent. However, the extent and efficiency of borrower information vary greatly. Borrowers have often used the underlying challenge of information asymmetry to create multiple bad debts in MFIs in Kenya. The purpose of this study therefore was to establish the effect of borrowers‟...
ABSTRACT Lending to Micro and Small Enterprises (MSEs) remains a demanding and challenging activity as there are many factors influencing the performance, growth and sustainability of these ventures. Among them is lack of adequate business skills to manage the business operations effectively. The problem of poor loan repayment by MSEs is increasing. Financial skills are one of the ways which is supposed to assist MSEs to minimize the loan default rate. This study sought to establish the effec...
ABSTRACT Audit risk examines the relevant assertions related to balances, classes of transactions, or disclosures contained in misstatements that could be material to the financial statements when aggregated with misstatements in other balances, classes, or disclosures and the risk that the auditor will not detect such misstatements. With the collapse of Enron involving the misstatement of one of the Big 4, Arthur Andersen & Co. in the US and the CMC and Uchumi scandals in Kenya involving th...
ABSTRACT Statistical Quality Control has been widely used in the manufacturing field for decades. It has enabled the use of one or more control charts to control production processes statistically and prevent quality problems without undue delay. However, it is until only recently that SQC has been applied in the services sector. This study applied statistical quality control (SQC) to assess the customer’s experience of quality as offered by Kenya Power Ltd. It also sought to determine whe...
ABSTRACT This study sought to establish the determinants influencing strategy implementation in Government hospitals in Nairobi County. The study sought to examine whether organization structures, culture, leadership, resources and communication influences strategy implementation in government hospitals. A descriptive survey was adopted. The target population was the CEO and Head of department employees from the 18 government hospitals in Nairobi County and given the size of the population, ...
ABSTRACT Providers of micro credit who are mainly micro finance institutions, are faced with the challenge of high default rate on loans advanced, sound credit management techniques are rarely in place, and even if they are, they are largely ignored. For this reason, the study sought to establish the determinants of portfolio quality in investment groups under Sidian bank in Nairobi region. The objectives of the study were to determine the effects of macroeconomic, group leverage, group capi...
ABSTRACT Human Resource Management is a strategic approach to managing human resources of an organization. The way an organization manages people can influence its performance. Public universities are labour intensive institutins which depend on people for effective service delivery. This study sought to establish the relationship between strategic human resources management practices and performance of public universities in Kenya. The study was guided by the following specific objectives: ...
ABSTRACT This study aimed to find out the effect of selected factors on the development of the Nairobi Securities Exchange. The general objective of this study was to determine the effect of selected factors on the development of the NSE. The specific objectives were to determine the effect of market information; market efficiency; market transparency; market openness; transaction processing system and operating/transaction cost; legal and regulatory framework on the development of the NSE. ...
ABSTRACT This study was on the effect of selected factors influencing the capital structure of Small and Medium Size Enterprises (SMEs) in Kiambu County, Kenya. SMEs play a pivotal role towards the achievement of the broad goals outlined in vision 2030 and are critical drivers towards making Kenya an industrialized country with high quality of life for its citizens. The study observes that despite their significance past statistics indicate that three out of five SMEs fail within the first f...
ABSTRACT The stock market is one of the most closely observed economic phenomenons in the world. Performance of a stock market is gauged on stock index, which also depends on performance of individual constituent stock. Therefore, stock inclusion in an index affects the stock, the index and the market at large. The argument that a stock’s inclusion in an index results in a share price increase was observed quite a long time ago in developed stock market index. However in frontier markets, e...
ABSTRACT Corporate governance is an area that has grown rapidly in the recent years as an emerging issue due to the global corporate scandals and collapse of big companies. The corporate governance principles hence adopted by any corporate entity affects the firm’s ability to respond to the content and context in which it operates and its overall performance. The purpose of this study was to assess the relationship between corporate governance principles and financial performance of invest...
ABSTRACT The adoption and use of mobile money in business operations by MSEs is notable and determining the effect of the new technology on their performance is very crucial to inform about the significant effect on MSE’s sales. This study therefore, determined the effect of mobile money transactions on the sales of MSEs in Nakuru Town. The objectives of the study were; to establish the effect of mobile finance, banking and payment on the sales of MSE in Nakuru Town. The study used a descri...