scholarly journals Effect of Revenue Collection Process Innovations on Financial Performance of Selected County Governments in Kenya

2018 ◽  
Vol 10 (3) ◽  
Author(s):  
Charles Nyaga ◽  
Wycliffe Misuko Nyaribo
Keyword(s):  
Financial Performance ◽  
County Governments ◽  
Process Innovations ◽  
Revenue Collection ◽  
Collection Process

Investigating the efficacy of isomorphic pressures on the adoption of green manufacturing practices and its influence on organizational legitimacy and financial performance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Innocent Senyo Kwasi Acquah ◽  
Dacosta Essel ◽  
Charles Baah ◽  
Yaw Agyabeng-Mensah ◽  
Ebenezer Afum
Keyword(s):  
Financial Performance ◽  
Green Manufacturing ◽  
Emerging Economy ◽  
Organizational Legitimacy ◽  
Green Product ◽  
Content Type ◽  
Green Procurement ◽  
Process Innovations ◽  
Product And Process ◽  
Isomorphic Pressures

PurposeThe need to engage in manufacturing practices that promote environmental sustainability has shifted from being optional to mandatory. From the perspectives of institutional and stakeholder theories, this paper captures the efficacy of isomorphic pressures on the adoption of green procurement, green product and process innovations and their respective influence on organizational legitimacy and financial performance in the context of an emerging economy and from the perspective of manufacturing small-and medium-sized enterprises.Design/methodology/approachThe study adopted a survey research design, a quantitative approach and partial least square structural equation modelling (PLS-SEM) technique in making data analysis and interpretations due to its suitability for predictive research models.FindingsAnalysis of the results highlighted the fact that the composite impact of coercive, mimetic and normative isomorphic pressures robustly influenced the adoption of green procurement, green product and process innovations. Simultaneously, green procurement, green product and process innovations significantly influenced organizational legitimacy. Green procurement and green product innovation also significantly influenced financial performance unlike green process innovation that had an insignificant yet positive impact on financial performance. Based on the results, theoretical and practical implications are explained for policy makers, managers, government authorities and owners.Originality/valueThe study is among the first to expose isomorphic pressures on the adoption of green manufacturing practices specifically, green procurement, green product and process innovations and their influence on organizational legitimacy and financial performance in the context of Ghana, an emerging economy and from the perspective of small-and medium-sized enterprises. As such, the study provides guidance to relevant industry authorities and stakeholders in further promoting green manufacturing practices that preserve the environment by producing safer consumer products through efficient green procurement, green product and process innovative practices.

scholarly journals Internal Control Practices and Financial Performance of County Governments in the Coastal Region of Kenya

2019 ◽  
Vol 3 (V) ◽  
pp. 28-41
Author(s):  
Salma Omar Ahmed ◽  
Peter Nganga
Keyword(s):  
Risk Management ◽  
Financial Performance ◽  
Internal Control ◽  
Coastal Region ◽  
Risk Identification ◽  
County Government ◽  
Control Environment ◽  
County Governments ◽  
Starting Point ◽  
Information And Communication

Internal control practices have been established to influence financial performance of County Government, though County Government have been facing a myriad of challenges in terms of financial performance. The drive of this study was to establish internal control practices that influence county governments to streamline their operations and perform efficiently and effectively for the benefit of the general interest. Therefore the general objective of the study was to determine the internal control practices and financial performance of county governments in the coastal region of Kenya. Specifically, the study endeavored to establish the effect of audit function, risk management, financial reporting and cash management on financial performance of county governments in the coastal region. The study was based on the following theories: The Agency theory, Attribution theory and procedural justice theory. The researcher  adopted a descriptive research design. The target population of the study were 30 employees drawn from 5 departments in the Ministry of Finance, Budget and planning in the county governments of the Coastal region. The study targeted 4 Counties in the coastal region of Kenya, that is Mombasa, Kilifi, Kwale and Taita and the respondents were 40 finance managers obtained from Finance Planning Ministry of the listed County governments. A census of 40 respondents was carried out. Primary data was collected using questionnaires. Data was analysed using descriptive statistics and inferential statistics. The study found a positive and significant effect between risk assessment, monitoring, control environment, information and communication on financial performance. The study concluded that the risk identification and mitigation play the most significant role in influencing financial performance of the County governments. Hence, risk identification can essentially be said to be the key starting point of any risk management program as the Counties cannot manage what is unknown. Monitoring the financial performance of the County creates more certainty and confidence in making both short and long term decisions. This in turn leads to a healthier business and faster growth rate. The control environment provides the basis for carrying out internal control across the organization. Effective adoption of information and communication systems is of vital importance in making sure that the County governments improves their financial performance. The study recommends that the management of the Counties should put in place cost-effective measures for timely risk identification and effective risk mitigation so as to ensure that their financial performance is not impacted negatively. The County governments should have appropriate tools for monitoring their financial performance so as to effectively monitor their goals, the progress they make and all the key performance metrics throughout their financial operations. The County governments should demonstrate a commitment to integrity and ethical values. Specific standards of conduct should be understood throughout all levels of the County, and processes should be in place to evaluate performance and quickly address deviations from expectations. The County governments should communicate successfully with their investors to form stronger relationships with them. Information and communication should be between the County and financial stakeholders about the County’s economic events and their effects within and outside the financial statements.

scholarly journals A Cryptography-Based System for Offline Collection and Verification of Tax Revenue by County Governments in Kenya

2017 ◽  
Vol 13 (34) ◽  
pp. 414
Author(s):  
Nebert Mandala ◽  
Carlton Wanga ◽  
Josiah Aduda
Keyword(s):  
Network Connectivity ◽  
Tax Revenue ◽  
Collection System ◽  
Tax Collection ◽  
County Governments ◽  
Point Of Sale ◽  
Revenue Collection ◽  
Current Setting ◽  
Accounting Reports

In the current setting of county governments in Kenya, efficient tax collection is highly dependent on validation of payment documents. This has led to challenges due to the fact that revenue collection has traditionally employed paper-based collection receipts. The research targets to address the challenges of validation of payment receipts in offline revenue collection systems. It supports automation attempts that have been made through the introduction of electronic mobile point of sale terminals. The solution is based on providing an offline model that supports the distributed nature of payment stations. This approach focuses on using cryptography-based techniques to enable offline validation of receipts even in cases of unreliable network connectivity. The objective is to provide a solution that affords ease of both revenue collections for the county governments and payments for the citizenry while stopping revenue leakages, ensuring reliable verification of payment receipts, thus maximising of revenue collection by providing reliable accounting reports. The research provides a reliable revenue collection system that enables offline receipting and verification of payment receipts in integrated mobile point of sale terminals. The solution presented has successfully been implemented and tested in one of the County Governments in Kenya.

scholarly journals Institutional Challenges In Managing County Government Resources In Kenya

2020 ◽  
Vol 8 (4) ◽  
pp. 163-169
Author(s):  
WILLIAM SAGINI ORIBU
Keyword(s):  
County Government ◽  
Strategic Decisions ◽  
County Governments ◽  
Policy Makers ◽  
Exchange Programs ◽  
Revenue Collection ◽  
The People ◽  
The Government ◽  
Legal Frameworks ◽  
Institutional Challenges

In 2010 the Government of Kenya promulgated a new Constitution, articulating a devolved-system of Government entailing a National Government and County Governments. As a key pillar to the constitution of Kenya, devolution seeks to bring governance closer to the people. Kenyans are therefore looking at the county governments to derive the required change in the country. However, fundamental challenges have continued to dog the Counties including irregular or delayed disbursement of devolved funds from the national Exchequer; low revenue collection levels from local sources; weak and uncoordinated planning and execution among others. This has led to several stalled projects; indebtedness to suppliers; inadequate capacity at the county level to effectively and efficiently perform the devolved functions; inadequate financial resources among others. Although there are opportunities for Foreign Direct Investment and capital inflow; Public-Private Partnerships; Grants; Exchange programs; and wider markets for the local products, that the Counties need to explore and pursue, most of them are not in a position to sustain themselves. The purpose of this paper is to review the Institutional and Legal frameworks as provided by the Constitution of Kenya using the business sustainability model of the seven Ps (i.e. Preparation, People, Processes, Preservation, Place, Product and Production). It is hoped that the paper will form a conceptual framework to inform future county Government’s strategic decisions in order to utilize grants from development partners for the improvement of their citizens welfare. Further the paper will inform policy makers and development partners on fundamental areas that may need to be looked at in order to ensure effective utilization of available resources.

scholarly journals ANALISIS KINERJA KEUANGAN DALAM PENGELOLAAN APBD PADA DINAS PENGELOLA KEUANGAN, PENDAPATAN DAN ASET (DPKPA) KABUPATEN MINAHASA SELATAN

2016 ◽  
Vol 11 (2) ◽  
Author(s):  
Novita Mandagi ◽  
Jantje J. Tinangon ◽  
Jessy D.L Warongan
Keyword(s):  
Financial Performance ◽  
Financial Management ◽  
Descriptive Analysis ◽  
Analysis Data ◽  
Financial Ratio ◽  
Revenue Collection ◽  
Financial Ratio Analysis ◽  
Regional Budget ◽  
Performance Area ◽  
Performance Budget

The ability of a region to carry out regional autonomy as measured by financial performance area. The size of the financial performance of one of them is financial management is reflected in the Regional Budget (APBD). This study aimed to analyze the financial performance in the management of budget revenues and expenditures at the Department of Financial Management, Revenue and Assets (DPKPA). In this study the methods of analysis used is descriptive analysis. Data analysis was performed by using financial ratio analysis area and the results are described / portrayed on how the analysis of the financial performance in the management of budget revenues and expenditures at the Department of Financial Management, Revenue and Assets of 2011-2014. The results showed that the ratio of independence included in the category of low, the ratio of the degree of decentralization included in the category of low, level of local financial activities included in the category of low, effective ratio shows the financial performance increased, and the level of efficiency is categorized still less efficient. South Minahasa District Government should optimize regional revenue collection and also perform priorities in budgetary spending in the area. Keywords : financial performance, budget revenue and expenditure, financial management

scholarly journals RELATIONSHIP BETWEEN BUDGETARY PLANNING AND FINANCIAL PERFORMANCE OF COUNTY GOVERNMENT OF KERICHO, KENYA

2021 ◽  
pp. 19-24
Author(s):  
Margret Chepkorir ◽  
Dr. Willy Rugutt ◽  
Dr. Penina Langat
Keyword(s):  
Financial Performance ◽  
Planning Process ◽  
Secondary Data ◽  
Sampling Technique ◽  
Simple Random Sampling ◽  
Primary Data ◽  
County Government ◽  
Inferential Statistics ◽  
County Governments ◽  
Business Entities

Budgeting has become a fundamental issue for many organizations and business entities across the globe. Despite the availability of legal framework on budgetary planning in the public sector, County Governments are still facing challenges such as delays in payment to suppliers, budget deficit, stalled projects and poor development records. It is on this basis that this study sought to investigate the relationship between budgetary planning and financial performance of County Government of Kericho, Kenya. The study was guided by allocation of resources theory, institutional theory and expenditure theory. The study adopted a correlation survey research design. The target population for the study was 3,848 employees from 12 departments of the County Government of Kericho. Proportion method and simple random sampling technique were used to ascertain sample size for the study. Both secondary and primary data were used for data collection where secondary data was collected from records in the County Government offices and primary data collected through structured questionnaires. Validity was ensured by discussing the content of the questionnaire with the supervisors and subject experts before going to the field. Cronbach’s alpha coefficient was used to determine the reliability of the research instrument which was found to be 0.873 which was considered ideal. Data was analyzed using descriptive and inferential statistics. Descriptive statistics was presented by frequency tables, charts and graphs while inferential statistics were presented by correlation and regression models. The findings established that there was significant statistical relationship between budgetary planning (β =1.096, P<0.05). The study concluded that the independent variables understudy contributed 60.5 variation on financial performance (R2 =0.605). The study recommends that for efficient budgetary planning the county government should set realistic revenue targets so as to ensure that expected expenditure matches expected incomes and also acquire and train staff involved in budget planning for efficient planning process. KEY WORDS: Budgetary Process, Budgetary Planning, Financial Performance, County Governments in Kenya

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