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EFFECT OF FINANCIAL MANAGEMENT DECISIONS ON FINANCIAL PERFORMANCE OF SELECTED NON-DEPOSIT TAKING SACCOS IN KIAMBU COUNTY, KENYA: THEORETICAL REVIEW

Raphael Njenga - Ph.D. (Finance) Fellow, School of Business, Kenyatta University, Nairobi, Kenya

Ambrose Jagongo - School of Business, Kenyatta University, Nairobi, Kenya


ABSTRACT

Savings and Credit Co-operatives societies`  financial performance has not sufficiently compensated members on their investments leading  to an outcry and dormancy in operations  from the studies carried out on their financial performance .The financial management components have been seen to affect financial performance in Savings and Credit Co-operatives societies, especially on area of debt to equity mix, working capital and investment portfolios on financial performance .This paper offers a back ground on financial  management decisions and financial performance. It provides an empirical and  theoretical overview on the  relationship  that  exists between  financial  management decisions  and financial  performance of SACCOs in Kenya .This  paper concludes that  financial management  decisions on capital structure, working capital and investments are significant predictor of  financial performance and that  Gross Domestic Product affect  both financial management  decision and financial performance. This  paper indicate a  need to an  empirical research to ascertain the exert relationship between the financial management decision  and financial  performance  of SACCOs.


Full Length Research (PDF Format)