Abstract Financial intermediation is one of the most important activities to any business enterprise globally. The primary objective of any business enterprise in its existence being profit and wealth maximization. In view of this, the effect of financial intermediaries are of great importance to emerging economies like Kenya. The general objective of this study was to determine the effect of financial intermediaries on the performance of small and medium enterprises in Kakamega Town, Kenya....
Abstract Manufacturing companies have a direct impact on national governments and value addition at large. Manufacturing, like other sectors, has felt the effects of a variety of stakeholder engagement factors. Although many companies engage their stakeholders in day-to-day business activities, studies have reported a challenge for them in managing diverse operations in dispersed markets. An examination of the effect of stakeholder participation in planning on the performance of Kenyan alcoh...
Abstract Different researchers have failed to reach a consensus after investigating how dividend policy and volatility of share price associate at over time and hence the endless debate on how dividend policy selected by a firm affects stock prices. The relationship between dividend decisions with finance, investment and firm value makes dividend decisions a central element of corporate finance. A more effective and efficient model for dividend decision making is required by managers and inv...
Abstract Microfinance provides low-income individuals with a range of financial and non-financial services. They are essential in advancing Kenya's economic growth and financial inclusion. Interest on initial monies provided to small and medium-sized business owners accounts for the majority of their revenue. Credit risk is the likelihood that borrowers may default on their loans. Considering that a large portion of microloans' borrowers are small businesses and low-income individuals or The...
Abstract Deposit-taking Saccos in Kenya and the North Rift, in particular, have to adjust their way of doing business in order to maximize shareholder value and increase market share. The most common problem faced by Kenyan Saccos is the determination of dividends and the rationale for those dividends being paid out. The lack of a consensus on the Kenyan dividend policy is evident. Therefore, the main purpose of this study was to establish the determinants of dividends policy decisions on th...
Abstract Social welfare is an essential element to any employee in organization. Employee welfare has raised unprecedented challenges between the employer and the employees leading to industrial unrest activities which are directed towards providing the employees with certain facilities and comfort geared towards improvement of employee’s wellbeing. The study sought to; establish the relationship between employee welfare strategies and performance; to determine the labour market strategies...
Abstract The purpose of revenue collection is to lessen inequalities in the distribution of income and wealth, in modern economics taxes are the most important sources of revenue. Since the introduction of devolved system of Government counties have witness increased cases of financial deficit in their budget. The main objective of this study was to establish the operational determinants of revenue collection efficiency in County Government of Nandi. The specific objectives were as follows: ...
Abstract Chapter four of the constitution, the Bill of Rights in Article 43, states that every person has a right to accessible and adequate housing, and to reasonable standards of sanitation.This has prompted the Kenyan government to recognize housing as one of the big four agenda of the current Jubilee government.The study sought to determine the effect of financial management practices on performance of housing cooperatives in North Rift counties, Kenya. Specifically, the study determined...
Abstract The critical role played by small and medium enterprises in growing economy cannot be underestimated. Small and Medium Enterprises (SMEs) are characterized by rapid growth and the potential to create employment and boost the GDP. Performance of Small and Medium Enterprises (SMEs) are signs of economic growth in many counties in Kenya and beyond.Although there has been improved access to credit by SMEs overtime, SMEs have continued to suffer financial challenges. Existing research in...
Abstract oor performance in the Kenya public sector consistently hindered the realization of sustainable economic growth and development since the country attained her independence in 1963. Among the noted factors that contributed to poor performance included: excessive regulations and control, frequent political interference, poor management, outright mismanagement of resources and poor guiding vision, unclear focus as to what is expected from employees and poor or no methods of measuring p...
Abstract Change is what brings forth new ideas, solutions and growth. It’s about breaking free from our circle of comfort in order to start seeing alternative routes offered to our organizations to progress in the right direction. It’s about embracing business transformation, making an organisation more agile, ready to adapt, and taking advantage of the latest innovations to boost competitiveness. County governments in Kenya have become a point interest especially in service delivery at ...
Abstract The state of women in enterprise development, the startingand growing of individual enterprises is a major concern among governments in most countries from the early days. The main objective of the study wasto investigatethe influence of strategic business supportservices on the performance of women ownedmicro, small and mediumenterprises in Kisii County. The general objective was addressed by five specific objectivesthat sought to establish the influenceof technology transfer, Acce...
Abstract Diversification as strategy has been widely discussed in the strategy field, where the majority of studies have examined the performance consequences of diversification even though the nature of this relationship still remains largely unresolved. Several scholars view diversification as the strategy of adding related or similar product/service lines to existing core business, either through acquisition of competitors or through internal development of new products/services, which im...
Abstract Despite the initiative by the government to introduce devolved funds in Kenya, the real effect of these devolved funds is yet to be experienced on growth of the youth enterprises. There has been overemphasis by previous studies on the issues that address challenges and administration of devolved funds with less regard on the real influence on development. The purpose of this study was to examine the effect of devolved funds on growth of Youth enterprises and develop a framework to i...
Abstract Management of account receivables is a significant problem for most utility service providers, particularly those still dealing with the post-payment system when services are delivered prior to payment. This study was aimed at determining the impact of the accounts receivable on Nzoia Water Services Company's financial performance. The average collections on financial performance, accounts receivable turnover and the moderating effect on accountability and financial performance by r...