ABSTRACT The objectives of this study were to identify the types of risks mitigated by the Kenyan insurers, mitigation strategies and techniques adopted, and the challenges facing the insurers i~ risk mitigation process. This was an exploratory study, hence survey methods were used to identify the risks in the Kenya's insurance sub-sector and the techniques available for managing them. The target population included all the 43 licensed insurers in Kenya. Primary data was collected using self...
ABSTRACT Performance appraisal is the basic tendency to make an evaluation of an individual's work performance in order to arrive at objective personal decisions. It systematically reviews a person's work and achievements over a recent period, leading to plans for the future in personnel psychology. Savings and Credit Co-operative Societies (SACCOs) are voluntary associations to which members contribute regularly their pooled savings and from which they obtain loans for provident and other p...
ABSTRACT Micro-small and medium-sized enterprises are the backbone of economic activity in Kenya. The MSMEs in Kenya have not performed well as expected and thus has not played anticipated and as required economic growth and advancement of Kenya. Medium and Small enterprises have specific shortcomings that influence their development and growth and thus limit their capacity to make a positive contribution to the sustainable development of the economy. Among those issues is lacking access to ...
ABSTRACT The study investigated the impact of monetary policy on bank performance, covering the period, 1980-2006. While bank performance was measured through the total external assets of all commercial banks in Nigeria, the cash reserve ratio, liquidity ratio, interest rate, minimum rediscount rate and treasury bills rate, represented instruments of monetary policy. Adopting the multiple regression model, the study confirmed the existence of a significant relationship between monetary polic...
ABSTRACT The study is an investigation into the impact of monetary policy measures on bank credit, covering the period, 1980 – 2003. Specifically, we examined the influence of each of the following instruments namely, liquidity ratio, interest rate, cash reserve requirement, minimum rediscount rate and treasury bill on bank credit. Two major statistical tools were adopted, while a time-series analysis was conducted to observe the movement of these named variables as against the movement in...
ABSTRACT The purpose of this study is to determine if there is significant increase in output of the Nigerian farmers after micro credit loan had been obtained. The study made use of secondary data predominantly, especially data from the Nigeria Agricultural Cooperative and Rural Development (NACRDB). The Statistical tool used in the analysis are : Difference between tow means of X and Y variable; spearman correlation coefficient of variations and finally the Z test. At the end of the analys...
ABSTRACT The purpose of this study is to determine if there is significant increase in output of the Nigerian farmers after micro credit loan had been obtained. The study made use of secondary data predominantly, especially data from the Nigeria Agricultural Co-operative and Rural Development (NACRDB). The Statistical tool used in the analysis are : Difference between tow means of X and Y variable; spearman correlation coefficient of variations and finally the Z test. At the end of the analy...
ABSTRACT This study investigated the impact of liquidity management on banks’ profitability, covering a period of fifteen years, from 1990 – 2004. Three explanatory variables were selected as proxies for liquidity management (short term fund, loanable funds and cash) in order to assess their impact on banks’ profitability. The result of the linear multiple regression analysis confirms the existence of a significant relationship between liquidity management and banks’ profitability, b...
ABSTRACT Most economic rationale for granting special incentive for attracting foreign direct investment [FDI], is based on the belief that FDI bridges the “Ideal gaps” between the rich and the poor nations, in addition to the generation of technological transfer and spillovers. Empirical literature however finds controversial, the effect of FDI on productivity growth. This work contributes to the existing studies by applying correlation and causality test in exploring the possible links...
ABSTRACT This study on the Impact of External Debt on Growth and Development of the Nigerian Economy from 1980-2001. The study is therefore necessitated by the need to find solution to the increasing external debt stock and service payments, which have become a constraining factor to economic growth. To find out how Nigeria has effectively managed her external debt and to identify the factors responsible for the inability of the Nigerian economy to expand irrespective of the increasing exter...
ABSTRACT This study on the impact of capital market on industrial development of Nigeria, covered the period, 1986-2005. Employing the ordinary least square regression analysis, all the four hypotheses proved significant even at 0% alpha level, thus suggesting that the models were wellspecified. The major findings are that the capital market exhibits a significant relationship with the levels of industrial development, fixed capital investments, new issues or capital formation and Nigeria’...
ABSTRACT This study examined the impact of bank recapitalization policy on bank performance, proxied by three main variables, namely, bank gross earnings, profitability and total asset base. Both primary and secondary data were employed and testing the three hypotheses of the study with the student t-test, the study revealed some major findings. Hence, the introduction of bank recapitalization policy exerts significant effects on bank gross earnings, profitability and total asset base. On th...
ABSTRACT This study is aimed at investigating the influence of bank credit on bank performance, covering the period, 1993 – 2004. While loans and advances were the proxies for bank credit, the profit after tax represented bank performance, for the period under investigation. Three Hypotheses were tested using the Regression Model as our Main tool of analysis. The first two hypotheses employed a simple regression model, while the hypotheses three, which tried to establish the joint impact o...
ABSTRACT Industrial relations if not well practiced could lead to negative impact on the organisation depicted in the occurrence of strikes organised by employees. The purpose of the study was to find out to what extent social and economic factors affect industrial action in parastatals in Kenya. The objectives of the study were to analyse the effect of education as a social factor on industrial action, to analyse the influence of inflation on industrial action, to assess the effect of taxati...
ABSTRACT This study evaluated the effects of monetary policy instruments on private sector credits by banks in a globalized economy covering a period of twenty years, from 1986-2005. Six major monetary policy instruments namely cash reserve ratio, liquidity ratio, interest rate; minimum rediscount rate, treasury bill rate and money supply were employed explanatory variables while bank total loans and advances serves as the dependent variable or bank credit. Adopting the multiple regression m...