Machapisho

Utafiti na kazi za kitaaluma za wahadhiri wa Chuo Kikuu.

Kutoka OUK eRepository

Machapisho 88

2024

EFFECT OF LIQUIDITY MANAGEMENT ON FINANCIAL PERFOMANCE OF COMMERCIAL BANKS IN MOGADISHU, SOMALIA

ALI ABDI SHEIKHDON; STANLEY KAVALE

The purpose of the study was to conduct a survey of Liquidity management factors affecting in financial performance of the commercial banks in Mogadishu, Somalia. The study design was used is descriptive survey, the target population of the study was 112 employees of commercial banks in Mogadishu. A sample size of 87 respondents was selected using Slog van’s formula. Data collection methods used included questionnaire. The selection sample technique was purposive or judgmental approach. Data was analyzed using SPSS version. The key findings were that liquidity management drivers individually had a positive influence on the financial performance of commercial banks in Mogadishu-Somalia. The overall results indicated that there was a significant linear relationship between account receivable management, account payable and cash management on financial performance of commercial banks in Mogadishu. The conclusions were based on the objectives of the study that liquidity management drivers had a significant influence on financial performance of commercial banks. The results established that liquidity management drivers were found to significantly and positively influence financial performance of commercial banks in Mogadishu, Somalia. The study results support the view that liquidity management drivers have a significant effect on financial performance. It is recommended that managers should study and select the driver that best suits their banks in order to achieve maximum performance.

Tazama kwenye eRepository

2024

Gender Inequality in Administration of Secondary Schools in Kenya

James K. Sang; Peter M. Masila; Jane C. Sang

This paper aims to provide a discussion on the nature and extent of gender inequality in secondary schools’ administration in Kenya. Using content analysis of selected documents, the discussion shows existence of gender gaps in administration of secondary schools in Kenya. The paper concludes that the previous constitution presented a pitfall in the country’s education management policies and unwittingly derailed the move to equal opportunity in education management. However, we acknowledge the massive improvements in the new constitution promulgated in 2010 and whose full implementation could be a watershed for gender equity in general. Recommendations are based on strong belief that stakeholders in education need to urgently address prevailing gender inequity in access to secondary school administrative opportunities in the country.

Tazama kwenye eRepository

2024

Factors Affecting Successful Implementation of Government Funded Projects in Technical Institutions in Garissa County

Joshua Munywoki Kalola; Stanley Kavale

Several government funded projects in tertiary institutions have stalled; others have been completed but not in line with the intended specifications while others exceed the stipulated completion periods. A project which is unsuccessful exceeds its schedule and budget whether it is eventually completed or not. Public institutions are generally afraid of project failure because they make big investments to the project in terms of money, time and manpower. This study sought to determine the factors affecting implementation of public projects funded by the National Government in Technical Training Institutions in Garissa County, Kenya. The objectives of the study were; to determine the influence of government funding on project implementation; to establish the influence of security on project implementation; to find out the influence of monitoring and evaluation in Government funded projects, and to determine the influence of stakeholders’ participation on project implementation in technical training institutions in Garissa County. The study adopted a descriptive survey design. The target population comprised project committee members, project managers, project supervisors, contractors, members of mentoring institution for the proposed technical training institutions and the county works officers. Purposive sampling was used to select samples from the target population; Questionnaire was used to collect data; Descriptive statistics was used to analyze collected data that were generated by SPSS. The study found that the delay in the release of funds and the provision of inadequate funds were major factors that negatively affect project implementation, while insecurity led to major price variations as project teams used substantial amounts of money on security. Insecurity also scared away more qualified contractors from other parts of Kenya from bidding for tenders. The study therefore recommends that after the approval of any government funded project, funds should be released in good time to avoid price variations due to time lapse. Involvement of the local community in project implementation would go a long way in curbing insecurity as they can report insecurity cases to the local intelligence for appropriate action.

Tazama kwenye eRepository

2024

The Effects of Capital Structure on Firm’s Profitability: Evidence from Kenya’s Banking Sector

Charles Yegon; Joseph Cheruiyot; Dr. J. Sang; Dr. P.K. Cheruiyot; Joseph Kirui; Joseph Rotich

Capital structure is considered important corporate financial management context and is mainly related to the establishment of an ideal debt policy. The determination of a company’s capital structure constitutes a difficult decision, one that involves several and antagonistic factors, such as risk and profitability. Despite of substantial theoretical developments in the field of corporate finance over the past several decades, the rift between theory and practice still needs to be reconciled. This paper empirically investigates the relationship between capital structure and the firm’s profitability of banking industry in Kenya, by using panel data extracted from the financial statements of the companies listed on the Nairobi Stock Exchange from year 2004-2012.The rationale behind the industry specific analysis is the fact that exogenous variables appear to force institutions in the same industry in similar fashion, thus leading to the existence of an industry specific capital structure. It is found that a significant positive relationship exists between the short term debt and profitability and statistically significant negative relationship between long term debt and profitability. The results are partially consistent with the previous studies as the negative relationship between long term debt and the firm performance tends to sport the dominant pecking order theory. The association of short term debt and the financial performance in contrast attests the static trade-off theory. Total debt as a whole has no association with the firm’s performance because of the inherited different characteristics of short term debt and long term debt.

Tazama kwenye eRepository