Abstract Having a stable and high level of economic growth within a country is associated with numerous benefits to the citizens. In developing countries such as Kenya, the rate of economic growth has been low and always below the projected rate each year. In developed countries such as Germany, Japan, and Iceland, development in the real estate sector and investment in human capital have been identified as probable boosters of economic growth. In Kenya, many of the studies done to investiga...
Abstract Stable commercial banks stimulate economic growth by facilitating value exchanges. The stability of commercial banks in Kenya has been a concern because of the waves of collapse that have dotted the history of the banking sector. Studies on the drivers of bank stability are essential for providing policy directions to improve bank stability. Due to existing conflicting empirical evidence, this study further analyzes the relationship between competition, profitability, risk-taking be...
Abstract Banks create liquidity which in turn improves capital allocation and accelerates economic growth. Liquidity creation is essential and critical as it may lead to a stable financial system and provide growth opportunities. Liquidity has been observed to be more unstable in developing countries than in developed nations. Despite the rise in minimum deposits, commercial banks in Kenya, a developing country, struggle to optimize their profits due to reduced liquidity creation capacity. T...
Abstract Liquidity management is one of the most important duties in any company and thus it cannot be overlooked. Sound liquidity management is integral for financial institutions stability and profitability since deteriorating liquidity management is the most recurrent cause of poor financial performance. In many financial institutions, the biggest risk is lending money and not getting it back leading to liquidity problems as most MFIs in Kenya have no access to a lender of the last resort...
Abstract Supply Chain Management practices are activities carried out by an organization to enhance the effectiveness of its supply chain. The practices improve organizational performance and enhance competitiveness. Milk processors act as a link between dairy farmers and the dairy market. Milk processors in Kenya have been performing poorly. There has been a 6.7% decline in performance in the dairy industry. The poor performance is a result of poor quality and low quantities of milk supplie...
Abstract Through a risk-based internal audit (RBIA), companies can use internal audit capabilities to improve management and control of risks. It also improves the accountability and accuracy of financial statements. This study focused on the deposit-taking savings and credit cooperatives (DT-SACCOs) in Nairobi Metropolis, Kenya. Some DT-SACCOs today are faced with the challenges of auditing in their operations despite having an audit department in place. A risk-based internal audit helps an...
Abstract Agro-processing plays a pivotal role in enhancing economic growth and socio-welfare at large. However, over the last two decades, the financial performance of small-scale agroprocessing firms, including coffee, has declined. Small-scale coffee processors have put in place robust initiatives in a bid to improve their performance financially. Despite the initiatives, the coffee sector has continued to underperform. Farmers have been disgruntled by poor returns making the sector an u...
Abstract The obligation of meeting current and future mandate of public universities remains a big challenge as the universities are required to work within very tight budgetary constraints. Thus, the objective of financial sustainability is to ensure an institutions goals are reached by ensuring there is sufficient income for investment in academic and research activities. The costs of universities activities are rising which leads to the financial sustainability of universities being a pri...
Abstract In any institution, success is majorly determined by the procurement practices adopted and how well these procurement practices are implemented. The study sought to establish the effect of procurement practices on supply chain performance of selected public Universities in Kenya. The study adopted a cross sectional descriptive survey research design and the target population was all public Universities in Counties in the Eastern and Central Region of Kenya. The sample size comprised...
Abstract In any institution, success is majorly determined by the procurement practices adopted and how well these procurement practices are implemented. A function that greatly influences the strategies of an organization, as well as the smooth flow of services, is the procurement function which is built around procurement practices. The study specifically assessed the effect of procurement planning, financial resource management, strategic partnerships and inventory management on supply ch...
Abstract End user involvement in specifications development refers to a process in which an explicit set of requirements to be satisfied by a material, product, or service is given by a buyer to the supplier. The research concerns itself with the critical role played by the end users in the supply chain performance. The study sought to establish the effects of end user involvement in the supply chain performance of higher learning institutions in Kenya. This study therefore, assessed the eff...
Abstract Public Private Partnership (PPP) is a long term agreement between public and private sector where risks and rewards are shared in developing a public facility. Private sector play a monumental role in bridging public finance deficit on capital projects. In Kenya, the government has created necessary environment for private sector participation in the country’s infrastructure development to spur economic growth. Despite the enactment of requisite laws and political support of PPPs,...
Abstract In this period of globalization when the world is consistently experiencing numerous rapid changes in various grounds, the atmosphere that the organizations operate on is dynamic and unstable. This has led to strategic planning to facilitate an organizational framework that necessitates changes and gain a competitive edge. In this study, the main objective was to establish influential factors of strategic plans implementation in universities a case of universities in the Mount Kenya...
Abstract Performance of employees influences the current performance and future competitive advantage of the organizations they are working for. The quality and capacity of work made by employees is influenced by the workplace environment. However, un conducive workplace environment results in low employee output and reduce their job fulfillment. Therefore, if steps are taken to improve employee satisfaction, overall organizational performance is enhanced. The study sought to establish the i...
Abstract Financial decisions affect the financial performance of Small and Medium Enterprises but vary from one firm to another. This is due to the limited access to finances and ability of the manager to fully utilize the resources available. Despite their importance Small and Medium Enterprises are characterized by slow growth rate and three out of five Small and Medium Enterprises fail in their first three years of operation. The continued poor performances have led to decline in growth a...