Books & eBooks on plagrave.com ORM, O'Reilly, Logo, Friends

INFLUENCE OF PROFITABILITY ON DIVIDEND PAYOUT IN DEPOSIT-TAKING SAVINGS AND CREDIT CO-OPERATIVES (SACCOS) IN KENYA

Abdirahman Gaal Ali - School of Business and Economics, Kenya Methodist University, Kenya

Wilson Muema - School of Business and Economics, Kenya Methodist University, Kenya

Moses Muriuki - School of Business and Economics, Kenya Methodist University, Kenya


ABSTRACT

SACCOs' dividend payment strategy varies as to what determines the amount of dividend to pay to its shareholders, how? and when? While working in the same market, some Saccos pay more, while others pay less. Therefore, among the aspects of corporate finance, the strategy of dividend payout is not coherent and attracts a lot of debate among Saccos. The study's general objective was to establish the financial determinants for the dividend payout scheme among Saccos in Kenya between 2018 and 2021. The research design adopted for this study was descriptive. All 166 Saccos in Kenya were targeted by the researcher. Taro Yamane was used for sampling 62 DT-Saccos. Secondary data was obtained using a secondary datasheet. Descriptive statistics included the use of mean, standard deviation, frequency, and percentages. Besides, inferential analysis including correlation and linear regression analysis were used. Data was presented on tables and narratively interpreted. The study revealed that profitability and dividend payout had a β= 0.889, t=6.217, and associated p-value of 0.001. The study concluded that profitability had a positive and significant influence on the dividend payout in deposit-taking Saccos in Kenya. The study recommended for measures to be put in place that ensure that profits increases to have a higher payout of dividends in the DT- SACCOs in Kenya such as reduction in the costs of operations and costs of production to increase in profits.


Full Length Research (PDF Format)

FINANCIAL COST MANAGEMENT AND SUSTAINABILITY OF REHABILITATED COMMUNITY WATER DISTRIBUTION PROJECTS IN WAU COUNTY, SOUTH SUDAN

Oyiki Komakech Jackson Cirino - Masters of Business Administration (Project Management), School of Business and Economics, Kenyatta University, Kenya

Dr. Lydia Gachengo Wanjiku - School of Business and Economics, Kenyatta University, Kenya


ABSTRACT

In South Sudan, 30-50 % of water facilities are non-functional at any point in time, and only 10 % of the population has access to basic sanitation. Weak water sector governance, limited funding and funding absorption capacity, human resource constraints, and limited data for decision-making are among the major drivers of low water access. The purpose of the study was to investigate financial cost management and sustainability of rehabilitated community water distribution projects in Wau County, South Sudan under four specific objective: To determine the influence of cost estimation, budgeting and cost control on sustainability. Transaction Cost Economics and inter-organizational management control, Community Asset Based Model of Development and Sustainable Water Aid theories were applied in this study. Descriptive research designs supported by quantitative and qualitative data collection approach were used in the study. Quantitative data was gathered from a sample of 42 out of a target of 42 community water management committee persons purposive and census sampling technique using a self-administered questionnaire while qualitative data was collected from 6 chairpersons of the 6 rehabilitated community water distribution project committees using a face to face interview guide. Quantitative data for the objectives were presented using mean and standard deviation. To determine the influence of the dependent variable indicators towards the dependent, the researcher will plot a linear regression table. The qualitative data from key informant was analysed using thematic analysis or narration approach. The study established that cost estimation, budgeting and cost control had a positive and significant influence on sustainability of rehabilitated community water distribution projects of Wau County, South Sudan. On cost estimation, the study concluded that cost estimation enables project managers to set clear expectations with stakeholders. On budgeting, the study concluded that budgeting outlines the financial resources available, which further determines the human resources that are required. On cost control, the study concluded that controlling costs lowers the overall expenses in an organization. On cost estimation, the study recommended that project managers should identify resources that are required, the price of each resource, duration that each resource is required, list of assumptions, potential risks, past project costs and industry benchmarks, if any and insight into the organization’s financial health and reporting structures. On budgeting, the study recommended that the project budget should consider cost planning in terms of labour costs, material costs and operating costs. On cost control, the study recommended that the project manager should plan for the project budget to help for all payments that need to be made and costs that will incur during the project life cycle.


Full Length Research (PDF Format)

EFFECT OF PROCESS INNOVATION STRATEGIES ON PERFORMANCE OF TIER ONE COMMERCIAL BANKS IN KENYA

Mburu Ng’ang’a Peter - School of Business and Economics, Kenya Methodist University, Kenya

Jane Munga - School of Business and Economics, Kenya Methodist University, Kenya

James Mbebe Nzili - School of Business and Economics, Kenya Methodist University, Kenya


ABSTRACT

The Kenyan banking industry is experiencing very stiff competition with banks outdoing each other from the front end of products, service delivery, and employees’ retention amongst other fronts. In Kenya, Tier One Commercial Banks have been leading in the adoption of innovations including mobile banking, online banking and use of mobile applications. Scholarly evidence regarding the effects of strategic innovation on performance of commercial banks in Kenya with specific regard to tier one banks remain scanty. Against this backdrop, the present study sought to establish the effect of process innovation strategies on the performance of tier one commercial banks in Kenya. The study adopted a descriptive survey research design. The target population consisted of 494 senior, middle and lower management staff from the 8 Tier One Commercial Banks. A sample size of 221 was reached using stratified random sampling technique Primary data was collected using structured questionnaires distributed to all management staffs of the tier one commercial banks in Nairobi. Secondary data on the other hand was collected from journals and published financial statements within the period of 5 years from 2014 to 2019. Frequencies and percentages as well as measures of central tendency (means) and dispersion (standard deviation) were used. The regression and correlation analysis were used to determine both the nature and the strength of the relationship between two variables. Data was presented using tables. The study found that improved queuing; electronic funds transfer; and number and distribution of ATMs had improved the financial performance of the banks to a great extent. The study also concluded that process innovation strategies have a positive and significant effect on the performance of tier one commercial banks in Kenya. The study recommends that commercial banks should have an effective market research department that should conduct surveys in order to establish the new products by competitors, the advantages and disadvantages of the innovations. This will enable the banks to innovate and help in staying ahead of competition.


Full Length Research (PDF Format)

EFFECTIVENESS OF PROMOTION STRATEGIES ON TOURISM ATTRACTIONS IN NYAMIRA, COUNTY KENYA: A CASE FOR MANGA RIDGE

Gesembe Kwamboka Lusariah - Tourism and Hospitality Management Department, School of Business and Economics, Kisii University, Kenya

Dr Mong’are Omare, PhD - Tourism and Hospitality Management Department, School of Business and Economics, Kisii University, Kenya

Dr. Yobes Benjamin Nyaboga, PhD - Tourism and Hospitality Management Department, School of Business and Economics, Kisii University, Kenya


ABSTRACT

The unique scenery of Nyamira County is one of the Gusii highlands for tourism attraction. It provides a rich of refreshing breathing taking view with fertile land. Manga rich in Nyamira County is one the area with attractive cliff for tourism which has not been utilized for marketing of tourism attractions. Hence, the purpose of the study was to assess on the effectiveness of tourism promotion strategies on tourist attraction in Nyamira County. The specific objectives was to establish the effect of tourism product promotion on tourist attraction, to assess the effect of tourism brand loyalty on tourist attraction in Nyamira county, influence of tourism product diversification on tourist attraction in Nyamira County, and establish the effect of competitive factors on tourist attraction at Nyamira County. The study employed descriptive research design. The target population of 182705 households will be used. Stratified sampling was used to arrive at a sample size of 398 respondents through sampling formulae of Yamane of 1967 as applied by Israel (2012). The study used questionnaire which was distributed by the researcher. Validity was measured by use supervisor’s comments and opinion. Pilot study was conducted at Nakuru Menengai crater. The study used descriptive statistics such frequency, mean and standard deviation using SPSS. The results were presented by tables, figures and charts. The study was of significance from its major findings that was used for policy makers, researchers, and marketing of tourism products. The study sought to determine the effect of product promotional strategy on tourism attractions. The study concluded that tourism attraction promoted hotel characteristics using unique sceneries. There is no difficulty in managing tourist promotion sites for tourist attraction. The study sought to point out the extent to which building brand loyalty has enhanced tourist attraction. The results concluded that brand performance moderated by the extent of franchising within each brand in tourism, and brand perceptions enhances hotel attraction would show whether variations in market value are materialized. Customer satisfaction is a key to brand growth. The study sought to examine product diversification on tourism attractions. The opinion on product diversification whether is closely linked to tourist attraction. The results concluded that product diversifications closely linked to tourist attraction or customer equity. There is no difficult to retain existing product unless they are diversified with experience. The researcher sought to indicate opinion whether a competitive factors is closely linked to tourist attraction. The study showed that tourism product had significant influence on tourism development; however, competitiveness factors can be critical interventions by different determinants.


Full Length Research (PDF Format)

HEADTEACHERS’ MANAGEMENT CHALLENGES AFFECTING PUPILS’ ACADEMIC PERFORMANCE IN PUBLIC PRIMARY SCHOOLS IN KENYENYA SUB-COUNTY, KENYA

Samson Onyancha - Kenya

Professor Benjamin A. Ondigi, PhD - Department of Educational Administration, Planning and Economics of Education, Kisii University, Kenya

Dr Florence Mobegi, PhD - Department of Curriculum Instructional and Education Management Maasai Mara University, Kenya


ABSTRACT

Quality is at the heart of education and what takes place in the classroom and learning environments is fundamentally important to the well-being of pupils. Access to primary school education has increased recently in Kenya due to the provision of free primary education though educational academic standards have not improved in Kenyenya Sub-County. Performances for the last eight years have not attained the average mean scores and they have ranged from 222.17 to 240.63 in 2009- 2016 respectively, implying low academic performance. Therefore, this study sought to establish the head teachers’ management challenges on pupils’ academic performance in K.C.P.E. in Kenyenya sub-county, Kisii County. This study was guided by a conceptual framework. The researcher used a descriptive survey research design. Specific objectives were to: establish how the headteachers’ management challenges of the teaching staff affect the pupils’ academic performance in K.C.P.E. in public primary schools; find out how the headteachers’ financial management challenges affect pupils’ academic performance in K.C.P.E.; determine how the headteachers’ management challenges of physical facilities affect pupils’ academic performance in K.C.P.E.; investigate how the headteachers’ management supervision challenges affect pupils’ academic performance in K.C.P.E.; and finally determine how the headteachers’ management challenges of pupils’ discipline affect pupils’ academic performance in K.C.P.E. The target population was 80 head teachers and 80 teachers in Kenyenya sub-county. Stratified random sampling technique was used to select headteachers and teachers. A sample size of 24 head teachers and 24 standard eight class teachers were used as respondents; being 30% of the total population. Questionnaires, in-depth interviews, observation schedules and document analysis were used to collect data. The validity of the instruments was determined by the two experts of Kisii University in Educational Administration. The reliability was determined by the test-retest method and was found to be 0.78. The quantitative data were analyzed using descriptive statistics in the form of frequencies, mean and percentages. Qualitative data were collected through in-depth interviews whereas they were transcribed and organized into themes and sub-themes as they emerged in an on-going process. The findings were presented using tables. It was concluded that there was understaffing, over enrolment, under syllabus coverage, rampart unfounded absenteeism reasons, inadequate professional development programs; financial constraints, inadequate physical facilities, headteachers’ irregular supervisions and indiscipline cases all affected the pupils’ academic performance. Based on the findings of this research, it is recommended that the TSC should recruit enough teachers and CDE should frequently monitor besides evaluate the teachers. The government should boost the teachers’ professional development programs; provide enough and prompt finances, teaching and learning resources. The headteachers, the county and sub-county Inspection personnel panels should supervise and advise teachers as well as curb indiscipline cases to enhance the pupils’ academic performance in Kenyenya sub-county.


Full Length Research (PDF Format)