ABSTRACT The Kenyan SACCO business plays a key role in contributing to the country‟s savings, that has boosted social development and the economy. Co-operative societies in Kenya may be traced to the pre-independence times with initiation of development in the time immediately after the country gained independence. Most SACCOs in Machakos begin and fail to reach the breakeven point and thus end up closing down. It is against this backdrop, that this study sought to interrogate the effects o...
ABSTRACT Capital structure has been one of the most controversial issues in the field of finance during the past 40 years. There are a number of existing theories and empirical studies observing patterns involved in choosing a capital structure. However, until now, there is no universally acceptable theory. The purpose of the study was to carry out empirical test, to determine the influence of firm specific factors on the capital structure of Kenyan insurance companies. The study population i...
ABSTRACT Stock prices fluctuations for quoted companies occur daily due to both company specific variables like company earnings with corresponding dividend policies, and multiple macroeconomic variables. This study sought evidence supporting the existence of influence of the selected macro-economic variables of: foreign exchange rate of hard currencies, interest rate and inflation rate on share prices fluctuations based on the weighted average monthly data from January 2008 to December 2012 ...
ABSTRACT The Small and Medium Sized Enterprises (SMEs) are considered as the power driving many countries’ economies. Elsewhere, it's been argued that SMEs are the lifeblood of most economies round the world and any government cannot afford to ignore this sector. Access to money capital is a important issue for the success of SMEs significantly in their early years. Industrial banks represent the anchor of the expansion of different sectors by providing them access to credit facilities with...
This study sought to determine the influence of information and communication technology on choice of competitive strategies in commercial banks in Kenya. The target population was the 43 licenced commercial banks by Central bank of Kenya of which 77% responded. Census study method was used to collect the data required for the study. Questionaires were administered to the Operations managers in the banks. Data from the questionaires was analysed and frequency tables, means and percentages wer...
ABSTRACT The state of women in enterprise development, the starting and growing of individual enterprises is a major concern among governments in most countries from the early days. The main objective of the study was to investigate the influence of strategic business support services on the performance of women owned micro, small and medium enterprises in Kisii County. The general objective was addressed by five specific objectives that sought to establish the influence of technology transfe...
Abstract Background and Aim: The main problem that Institution of Higher Learning is experiencing regarding administrative and support staff, is a workforce that is not motivated to perform optimally and this results in poor service delivery. Organisations are losing talented and skilled personnel to competitors because employees are of the opinion that their abilities and skills are not valued. There are also no practices in place where shortcomings pertaining to skills and competencies are ...
ABSTRACT The study sought to establish the effect of macroeconomic factors on the equity market performance of Nairobi Securities Exchange. The study was guided by an objective; to examine the effect of the selected macro-economic factors on equity market performance in Kenya. The selected macro-economic factors included inflation rate, exchange rate, money supply and real Gross Domestic Product. The study followed descriptive research design and used secondary data. The data spanned the peri...
Abstract Employee retention is one of the global challenges facing organizations in both public and private sector. It has emerged to be a major strategic decision by organizations in both developing and developed countries. The study sought to understand the determinants of employee retention at Daystar University which is one of the leading private universities in Kenya. The main objective of the study was to establish the determinants of employee retention at Daystar University. The target...
ABSTRACT The study was assessing the effect of financial literacy on personal investment decisions among secondary teachers in Machakos Sub County. It explored on the reasons as to why teachers in Machakos Sub County fail to invest for their future and investigated on how their financial literacy contributes to the problem. The study was seeking to determine the influence of knowledge on interest rates, inflation, risk diversification and financial education on investment decisions of the TSC...
ABSTRACT Small and medium enterprises (SME's) play a critical role in an economy. They improve the standard of living to both the employees and employers. They are a major source of innovations and entrepreneurial skills. The study was guided by the following objectives; to establish financial factors that affect access to credit among SMEs in Machakos Town Sub-county. Specifically, the study sort to find out the influence of collateral requirements, the effect of cost of credit on access to ...
ABSTRACT NSE investors in stocks are believed to base their decisions on the standard finance models of CAPM by Sharpe, portfolio theory by Markowitz, arbitrage asset pricing by Modigliani and Miller and the option pricing of Black, Scholes and Merton.However empirical research has shown that, when selecting a portfolio, investors not only consider statistical measures such as risk and return, but doalso consider psychological factors closely related to the field of finance. This study theref...
ABSTRACT Banks use various approaches to lend to SMEs. Among others, two main lending approaches used to finance small- and medium-sized enterprises (SMEs) can be primarily distinguished by the type of information that a bank uses in granting and monitoring the loan. On the one hand, transaction-based lending approaches are primarily based on borrowers‘ hard quantitative information, such as the strength of the financial statement or the value of their assets, which are relatively easy to d...
ABSTRACT The survey of the study reported hen: was carried out between April and July 1997 'l he study sought to determine the factors perceived by bank executives as hindering the career progress of women in commercial banks, It also sought to determine the executives attitudes towards female managers , The population of interest was all commercial banks with asset values of over five hundred million Kenya Shillings . The information sought was collected using a questionnaire which was compl...
ABSTRACT The concept of corporate social responsibility has prevailed since time immemorial and has for a long time paved way for organizations’ to have moral, ethical, and philanthropic responsibilities in addition to their responsibilities to earn a fair return for investors and comply with the law. For a long time, corporate social responsibility has raised issues on who actually benefits from the CSR initiatives. Business analysts have documented that CSR benefits the organization by pu...