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,...
ABSTRACT Dividend payout policy for commercial banks differ as each company decides on what, how and when to pay dividend to its shareholders. Some banks pay higher and other pay less dividend despite the fact that they operate under same business environment. The questions how do the commercial banks set their dividend and why do banks pay dividend, impose the problem in dividend payout in Kenyan context. These reveal that there is no unified picture regarding dividend payout policy and the...
ABSTRACT The purpose of this study was to determine the influence of debt restructuring strategies on the level of non-performing loans in microfinance institutions in Nairobi County. Specifically, the study sought to establish the effect of debt rescheduling, interest rate reduction and haircuts on the level of non-performing loans in MFIs in Nairobi County. Explanatory research design was adopted with the population of study comprising of all 57 MFIs in Nairobi County under umbrella body AM...
ABSTRACT Although the insurance firms in Kenya are vital for economic and the wealth creation, forming an integral part of the country ‘s financial sector, survival of this crucial industry is highly threatened as evidenced by collapse of numerous firms and many more being liquidated. The consequence of the industry’s collapse on the economy would be devastating. The challenges facing the insurance firms significant threatening its survival are associated with poor employee performance. ...
ABSTRACT This study sought to find the effect of selected firm specific factors on real estate firm financial performance. Financial performance was measured by return on assets (ROA) and return on equity (ROE). The objectives of the study were to; determine the effect of liquidity on financial performance; assess the effect of leverage on financial performance; and examine the effect of firm size on financial. The study was based on the Trade-off theory, Shiftable theory and Liquidity prefer...
ABSTRACT A manager whose compensation consists entirely of a fixed salary would have no incentive to increase shareholder wealth because the manager does not share in any of the resulting gains. This incentive problem can be reduced by making part of an executive’s compensation depend upon the firm’s financial performance. The study examined the relationship between executive compensation and financial performance of the insurance companies in Kenya. The specific objectives of the study w...
Firm export performance is regarded as one of the key indicators of the success of a firm’s export operations, and as such, has been an extensively studied phenomenon. Numerous studies have been conducted pertaining to providing a better understanding of the factors (firm- or environment-specific) and behaviours (e.g., export strategy) that make exporting a successful venture. However, the research results to date are far from being uniform and conclusive. The objective of this study i...
Strategic planning has been regarded as a prerequisite to successful organizational outcomes and while the contexts of strategic planning differs by sector and geographical orientation, there is renewed interest in strategic planning- performancelinkage in developing economies, this, due in part to the realization of the role of firm based factors such as strategic planning dimensions. This study aimed to determine the relationship between strategic planning dimensions and firm performa...
ABSTRACT This research studied the factors causing gender disparity in executive positions in KCG. To achieve this, the study was guided by four objectives which include; establishing how political factors, regional balance, social-cultural factors and education influence the recruitment process of executive officers in KCG. The theory was hinged on the Equity Theory, Feminist Theory, Social Gender Theory, Structural Functional theory and Social Cognitive theory. The case study research desi...
ABSTRACT Stringent business environment, shareholders expectations on financial returns and the realization of companies’ goals are some of the factors that led to team leaders’ embracing talent management initiatives at various places of work. Innovation, demographic changes, competition and the advancement in technology have made leaders lose highly abled and skilled staff to their competitors. To minimize losing competent staff, organizations must set aside sufficient resources and ti...
ABSTRACT The objective of this study was to explore the effects of working conditions on employee performance in Kenya Commercial Bank. Specifically the study sought to; assess the effect of physical conditions, explore the effect of occupational health and safety and analyse the effect of internal organisational communication on employee performance in Kenya Commercial Bank. The study targeted all 300 employees working at Kenya Commercial Bank head office. A sample of 172 employees was subj...
ABSTRACT A relatively small segment of business, known as social entrepreneurship (SE), is increasingly being acknowledged as an effective source of solutions to a variety of social problems. Despite this, little is documented as regards the role of social entrepreneurial practices and how they impact the local communities in Kenya in the context of the contribution of tourism and hospitality. Further, little is known about the requirements an innovation has to fulfill in order to be a socia...
ABSTRACT The county governments in Kenya have been facing serious challenges in developing corporate governance frameworks that are secure and beneficial to all stakeholders. The purpose of this study was to evaluate the moderating effect of diversity management on the relationship between corporate governance practices and performance of county government (survey of Isiolo, Marsabit and Samburu). Specifically, the study sought; to evaluate the connection between corporate governance practic...
ABSTRACT Entrepreneurship is a crucial activity for economic growth and employment generation globally. In Kenya, the majority of business owners are women. However, entrepreneurship is still regarded as manly work, and women have been made invisible. One of the government challenges is ensuring adequate support to women entrepreneurs to ensure the sustainability of their enterprises and improved contribution to the economy. This research thus endeavored to identify the factors influencing t...