Department of Accountancy, Finance and Economics

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Now showing 1 - 7 of 7
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    Effects of brand quality, brand prestige on brand purchase intention of mobile phone brands: empirical assessment from Kenya
    (Inovatus services ltd, 2015) Chepchirchir, Josphine; Leting, Mark
    This study aims to empirically examine the relationship between Brand quality, brand prestige and brand purchase intention of mobile phone brands in Kenya. A survey was used to collect data from a sample of 322 respondents. Data were analyzed by employing correlation, Analysis of Variance (ANOVA) and multiple regression analysis. The results revealed that brand quality and brand prestige are positively associated with consumer brand purchase intention. The generalizability of the findings is limited as the study focuses only on Kenya. Based on the findings, companies involved in branding of mobile phones should focus on improving the usefulness of the brand quality and prestige. The study made a contribution in terms of allowing us to understand the factors that can contribute to the adoption of mobile phone brands
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    Causes and trends of public transport motorcycle accidents in Bungoma county, Kenya
    (2016) Singoro, Brian Wanyama; Wakhungu, Jacob; Obiri, John; Were
    There has been a drastic increase in the use of motorcycles as a means of transport worldwide due to various reasons. In Kenya, the increased use of motorcycles has been seen over the last decade. This increase has brought forth many challenges, including motorcycle accidents on disproportionate scale comparative to the world statistics. Indeed motorcycle accidents constitute a major cause of death and injuries to thousands of people every year. In spite of this, motorcycle accidents remain a neglected problem in Kenya. This study sought to determine the causes and trends of motorcycle accidents in Bungoma County. The study population comprised 400 people from households of motorcycle riders involved in accidents and those not involved. Key informants in the motorcycle transport industry were interviewed. The study adopted a cross-sectional survey design to establish the causes, incidences/trends, and vulnerability of motorcycle accidents. Descriptive and inferential statistics were used in the analysis of data. The study was anchored on both the crunch model and the wish to die and domino theory. The study found that human error is the leading cause of motorcycle accidents. This is imparted on by poor regulatory and enforcement regimes. Structured and comprehensive training of riders on traffic code and regulations will most likely reduce accidents and associated economic losses. Collective action measures such as motorcycle Saccos for voluntary enforcement and pooling of resources, to aid riders in case of injuries and death, should be explored and pursued. The study provides information and insights on disaster risk reduction for policy formulation on motorcycle accident mitigation. From the results, the proposed strategies that can be employed to curb motorcycle accidents in the order of magnitude are: training of motorcycle riders; observing speed limits; improved roads; not driving while under the influence of drugs/ alcohol; not carrying more than one passenger; improved enforcement by police; proper motorcycle maintenance; wearing protective clothes/ helmets/ boots; wearing reflective jacket; and not driving while tired.
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    Impact of microfinance institutions on economic empowerment of women entrepreneurs in developing countries
    (Inovatus Services Ltd., 2015-09) Fwamba, Rashid; Matete, John; Nasimiyu, Consolatta; Sungwacha, Stephen
    This study mirrored out the effects of Microfinance on economic empowerment of Women Entrepreneurs in developing economies. Descriptive research design was used to assess the extent to which Women economic empowerment co-relates with Microfinance Institutions services. The target population was women entrepreneurs in Micro Finance Institutions (MFIs) within Kakamega C.B.D. Simple random probability sampling was applied to select ten (10) MFIs where four (4) active women entrepreneurs from each MFI was taken, adding to forty (40) respondents. Both primary and secondary data was collected through questionnaires and semi-structured interviews. Data collected was presented by descriptive statistics like pie charts and graphs. From the analysis, the results showed that microfinance services act as a key fulcrum to women entrepreneurs' economic empowerment. The results were reaffirmed by a linear regression analysis (SPSS version 22). The findings will be used to make policy proposals that will see MFIs meet the economic empowerment needs of women Entrepreneurs to make developing countries progress as Kenya prepares to achieve vision 2030.
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    Effect of corporate social responsibility on performance of commercial banks in Busia county, Kenya
    (2017-09) Kimtai Kibera, Fredrick Kimtai; Otiso, Kennedy Ntabo; Wanyama, Kadian W.
    The purpose of this study was to investigate the effects of corporate social responsibility on the performance of commercial banks in Busia County, Kenya. The specific objective was to determine the effect of economic aspects of CSR on the performance of commercial banks, Busia County. The study was anchored on the Edward Freeman’s Stakeholder Theory. The study employed a descriptive survey and correlational research designs. The target population was 40 employees comprising of Managers, Operational Managers, Financial Managers, marketing managers and Human Resource Managers. Census sampling technique was use to select the entire target population of 40 respondents. The questionnaires and the interview schedules were used to collect primary data. Validity was determined by use of content validity while reliability by use Cronbach alpha. Descriptive statistics and inferential statistics were used to analyse the data collected by use SPSS version 20. The results revealed that economic CSR aspects had significant positive effect of the performance of commercial banks in Busia (Economic=0.875**, P<0.01) and it accounted for 76.5% variance in performance. The study recommended that bank management should priorities CSR activities in their institutions and ensure enough resources and personnel are set aside to support the CSR activities.
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    Extent to which project planning affects successful completion of capital projects in Kakamega county, Kenya
    (Scholars Academic and Scientific Publishers, 2014) Marango, Morris; Wanyama, Kadian W.; Musiega, Douglas; Nganda, James Wambua
    This study looked at the extent to which project planning affects successful completion of capital projects in Kakamega County. A conceptual framework guided the study to show the interactions of the study variables. The study was guided by Ex-post Facto research design. The study targeted six Sub-County administrators, five project managers (engineers), six social services staff and four works officers who were directly involved in devolved funding. The research instruments were the questionnaires and interview schedules. The validity of the research instruments was done through presenting the instruments to the supervisors and the research experts in the School of Human Resource Development. The researcher used a Cronbach’s Alpha method to obtain an alpha of 0.807 which was acceptable implying that the instruments were reliable. The researcher then analysed the data using descriptive and inferential statistical tools like Pearson Correlation Coefficient and regression analysis. The study findings were: the overall results between project planning and completion of capital projects, illustrate a strong positive association. Results indicate that 65.7 % of the implementation of capital projects can be attributed to project planning. This also meant that 34.3% of the capital projects in Kakamega County were not completed (stalled projects). The study recommended adequate project planning, monitoring and control should be enhanced in organisations during project management. Moreover, Project Management Offices should be established across all the government institutions with aim of managing, monitoring and controlling the projects embarked by their institution. This will enhance efficient and effective completion of capital projects.
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    Does outsourcing have any effect on the performance of sugar manufacturing firms in Kenya?
    (Society of Scientific Research and Education (SSRE), 2014-03-01) Kiongera, Fredrick N.; Wanyama, Kadian W.; Musiega, Douglas; Masinde, Stephen Wekesa
    The focus of this paper was to investigate the effect of logistic outsourcing on the performance of sugar manufacturing firms in western Kenya. Specifically, the study intended to investigate the effect of quality drive outsourcing strategy on the performance of sugar manufacturing firms, to determine the effect of core business drive on the performance of sugar manufacturing firms and to determine the effect of competitive drive on the performance of sugar manufacturing firms. With a sample size of 36 respondents (n=36), the study used both primary and secondary data collection instruments. Primary instruments included the use of questionnaires and interview schedules. On the other hand secondary instruments involved acquiring information from the already existing records from the sugar manufacturing firms and any other accessible information that is already documented. Both descriptive and inferential statistics were used in data analysis using SPSS version 20 software. Karl Pearson’s zero order coefficient of correlation (Pearson Product Moment Correlation or simple correlation) was used to determine the direction and strength of the relationship between logistic outsourcing and performance of sugar manufacturing firms. Simple regression analysis was used to model the relationship between logistic outsourcing and performance of sugar manufacturing firms. The relationship between logistic outsourcing and the performance of sugar manufacturing firms follow a regression model of the nature P= α + β1 LOS + e. The findings were presented using tables and crossbar tabulations. The outcome was positive correlation between logistic outsourcing and performance of sugar manufacturing firms. The findings are of importance to the Government of Kenya, shareholders, employees and customers of sugar manufacturing firms and they form a basis for future reference.
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    Effect of business financing on the performance of small and medium enterprises in Lurambi sub-county, Kenya
    (European Journal of Business and Management, 2016) Manini, Muganda Munir; Abdillahi, Umulkher Ali; Wanyama, Kadian W.; Simiyu, John
    The purpose of this study was to examine the effect of sources of business financing on the financial performance of Small and Medium enterprises in Lurambi Sub-County. Specifically, the study sought to examine the effect of commercial loan-financing on the financial performance of Small and medium enterprises; to assess the effect of retained earnings financing on the financial performance of Small and medium enterprises and to establish the effect of trade credit financing on the financial performance of Small and medium enterprises in Lurambi Sub-County. Descriptive survey was used. The population of interest comprised of 450 small and medium enterprises in Lurambi Sub-County. Stratified random sampling was used to select 88 small and medium enterprises. The survey instrument used was questionnaires which were administered to owners and managers. Analysis of data was done using descriptive and inferential statistics. The study established that sources of business financing affected financial performance of small and medium enterprises significantly; commercial loan financing affected financial performance significantly; retained earnings financing affected financial performance significantly; trade credit financing affected financial performance of small and medium enterprises significantly. The study recommends that small and medium enterprises should make use of commercial loan financing, retained earnings financing and trade credit financing for them to realize higher levels of financial performance. The Government of Kenya should encourage lenders to share the financing risks with the government in order to reduce the cost of financing.