scholarly journals THE EFFECT OF CREDIT COLLECTION PRACTICES ON FINANCIAL PERFORMANCE OF MANUFACTURING FIRMS IN KENYA

2019 ◽  
Vol 4 (1) ◽  
pp. 31
Author(s):  
Florence Jemutai Cheptum
Keyword(s):  
Financial Performance ◽  
Pearson Correlation ◽  
Sampling Technique ◽  
Manufacturing Firms ◽  
Primary Data ◽  
Unique Contribution ◽  
Research Designs ◽  
Presentation Methods ◽  
Collection Practices ◽  
The Relationship

Purpose: The main objective of this study is to establish the effect of credit collection practices on the financial performance of manufacturing firms in Kenya. Manufacturing firms have been experiencing a number of challenges in their application of credit collection practices to ensure sound financial performance. Methodology: The study adopted two research designs; descriptive and causal. The accessible population for the study was 558 registered manufacturing firms. Stratified sampling technique was used to select the sample size and a sample of 233 manufacturing firms was arrived at using Yamane’s formula. Questionnaires were the main instruments used to collect primary data. Both descriptive and inferential statistics were utilized in data analysis with the aid of SPSS. Data presentation methods used included frequency tables and percentages. Data collected were tested using, univariate test to provide an insight using both parametric (F-test) and non-parametric test (Pearson correlation coefficient). Multivariate analysis was also carried using the multiple regression analysis which indicated the level of the relationship that existed between the independent variables and the dependent variable. Results: Findings indicate that the credit collection practices have a significant positive effect on the financial performance of the manufacturing firms (p<0.05). This can be attributed to the fact that owners of manufacturing firms have the ability to control and manage credit through their experienced and skilled credit managers. In conclusion, credit collection practices positively and significantly affected the financial performance of the firms. Unique contribution to Theory, Practice and Policy: The study recommends that registered manufacturing firms operating in Kenya should adopt credit collection practices since it positively and significantly affects the financial performance. This can be achieved by setting techniques which are used to collect credit and this helps in reducing chances of credit defaults.

scholarly journals THE EFFECT OF DEBTORS’ APPROVAL ON FINANCIAL PERFORMANCE OF MANUFACTURING FIRMS IN KENYA

2019 ◽  
Vol 4 (1) ◽  
pp. 31
Author(s):  
Florence Jemutai Cheptum
Keyword(s):  
Financial Performance ◽  
Pearson Correlation ◽  
Sampling Technique ◽  
Manufacturing Firms ◽  
Primary Data ◽  
Research Designs ◽  
Presentation Methods ◽  
Collection Practices ◽  
The Relationship ◽  
Positive Effect

Purpose: The main objective of this study is to establish the effect of debtors’ approval on the financial performance of manufacturing firms in Kenya. Manufacturing firms have been experiencing a number of challenges in their application of debtors’ approval to ensure sound financial performance.Methodology: The study adopted two research designs; descriptive and causal. The accessible population for the study was 558 registered manufacturing firms. Stratified sampling technique was used to select the sample size and a sample of 233 manufacturing firms was arrived at using Yamane’s formula. Questionnaires were the main instruments used to collect primary data. Both descriptive and inferential statistics were utilized in data analysis with the aid of SPSS. Data presentation methods used included frequency tables and percentages. Data collected were tested using, univariate test to provide an insight using both parametric (F-test) and non-parametric test (Pearson correlation coefficient). Multivariate analysis was also carried using the multiple regression analysis which indicated the level of the relationship that existed between the independent variables and the dependent variable.Results: Findings indicate that the credit collection practices have a significant positive effect on the financial performance of the manufacturing firms (p<0.05). This can be attributed to the fact that owners of manufacturing firms have the ability to control and manage credit through their experienced and skilled credit managers. In conclusion, credit collection practices positively and significantly affected the financial performance of the firms.Unique contribution to Theory, Practice and Policy: The study recommends that registered manufacturing firms operating in Kenya should adopt debtors’ approval since it positively and significantly affects the financial performance.

scholarly journals The Relationship between Birth Order and Marital Communication Patterns in Conflict Resolution among Women in Nakuru West Constituency, Nakuru County, Kenya

2020 ◽  
Vol 2 (1) ◽  
pp. 159-168
Author(s):  
James Omari Ratemo; Dr James Kay
Keyword(s):  
Conflict Resolution ◽  
Birth Order ◽  
Alternative Hypothesis ◽  
Pearson Correlation ◽  
Sampling Technique ◽  
Communication Patterns ◽  
Primary Data ◽  
Marital Communication ◽  
Internal Reliability ◽  
The Relationship

The aim of this study was to explore the relationship between birth order and marital communication patterns in conflict resolution among women in Nakuru West Constituency, Nakuru County, Kenya. The research adopted an eclectic theoretical approach using attachment and standpoint theories to address the aspects of the study. The research utilized the survey research design. The study targeted a population of 152,257 women from which a sample of 384 respondents was drawn by stratified random sampling technique. A structured questionnaire was used to collect primary data, while secondary data was obtained from on-line County records. The researcher applied descriptive (finding and tabulating the mean, standard deviation, internal reliability scores and cross-tabulation) and inferential statistic on the quantitative data collected. To test the set parameters the researcher calculated some series of equations like Chi Square and Karl Pearson Correlation to test the assumed prediction of birth order. Statistical Package for Social Sciences - SPSS version 22.0 was used to analyze collected data. The study yielded 85.4 per cent response rate. All posited hypothesis were tested at 0.05 level of significance. The study indicated that there was a strong positive relationship between Birth-order and marital communication patterns in conflict resolution among women that is significant at 5 per cent levels of significance. Therefore, the researcher accepted the alternative hypothesis stating that Birth-order has a statistical significant relationship to marital communication patterns in conflict resolution among women in Nakuru West Constituency, Nakuru County, Kenya. The researcher recommends that adequate parenting should be given when raising children so as to raise responsible individuals who can be responsible and considerable partners in the future. Parents should be fair when distributing responsibilities and offering opportunities to their children irrespective of their birth order.

THE RELATIONSHIP BETWEEN OPTIONS DERIVATIVES AND FINANCIAL PERFORMANCE OF SELECTED LISTED COMMERCIAL BANKS IN KENYA

2021 ◽  
Vol 6 (1) ◽  
pp. 54-69
Author(s):  
Philipino Muthine ◽  
Fredrick Mutea ◽  
Ruth Kanyaru
Keyword(s):  
Standard Deviation ◽  
Financial Performance ◽  
Commercial Banks ◽  
Sampling Technique ◽  
P Value ◽  
Unique Contribution ◽  
Linear Regression Models ◽  
Strike Price ◽  
Expiry Date ◽  
The Relationship

Purpose: The purpose of the study was to ascertain the relationship between options derivatives and financial performance of selected listed commercial banks in Kenya. Methodology: Descriptive research design was used when collecting data using closed ended questionnaires from the selected 11 listed commercial banks in Kenya. The target population included 156 respondents who were 25 risk managers, 53 operations managers, 33 credit managers and 45 marketing managers to participate in the study. The study selected all of the 156 respondents through census sampling technique. Pre-test questionnaires was sent to six respondents who were junior officers in risk, credit, operations and marketing departments of non-listed commercial banks in Meru Kenya. The collected data was then coded and analyzed quantitatively using the descriptive statistics such as mean, percentage and standard deviation while inferential statisticsperson correlation analysis were used. Linear regression models were also used. Further on, the tables, graphs were used when indicating the analysis results. Results: Options had a statistically significant relationship with financial performance. Most respondents agreed that there were clear procedures used to solve options price discrepancies. It had a mean of 4.79 and standard deviation of 0.62. However, most respondents disagreed that options derivatives market activities were improving in the banks. It had a mean of 3.85 and standard deviation of 1.05. The results further indicated that options had an R value of .793a and Durbin Watson value of 1.292 showing there was a strong correlation between the two variables, while the R-square was 0.629. This implied that options as a paradigm predicted 62.9% of financial performance variable in this study.Options also had a significant p-value of 0.018. Unique contribution to theory, policy and practice: The results indicated that commercial banks were really incurring more costs as compared to profits generated due to errors made by the employees when engaging in various options derivatives markets. In addition, when financial derivatives owners were given the rights and not forced to purchase or vend an underlying asset at a strike price or exercise price, at or earlier than the expiry date of the options, there was an above average purchase. The study recommends that the bank staff should explain full information on the options derivatives so that when a client is making the purchase, they are well knowledgeable. This knowledge should begin from the procedures followed when making a purchase, sale or transfer of option derivatives in the securities exchange market. In addition, any costs associated with the options derivatives should be fully communicated to clients priorly to avoid premature termination of options derivatives contracts. Further on, there should be more training on banks staffs by the bank management so that they are equipped with knowledge on the specifics of options derivatives trading. By doing so, the chances of errors would be minimized.

scholarly journals Corporate Growth Strategies, External Operating Environment and Firm Performance: An Empirical Survey of Large Manufacturing Firms in Nairobi City County, Kenya

2019 ◽  
Vol 10 (4) ◽  
pp. 21
Author(s):  
Alexander Irungu Wanjiru ◽  
Stephen Makau Muathe ◽  
Jane W. Kinyua-Njuguna
Keyword(s):  
Firm Performance ◽  
Sampling Technique ◽  
Manufacturing Firms ◽  
Moderating Effect ◽  
Primary Data ◽  
Growth Strategies ◽  
Operating Environment ◽  
Corporate Growth ◽  
And Performance ◽  
The Relationship

Theoretical literature in strategic management describes performance as outcome of firm’s strategic objectives, which are developed and executed at the corporate level of management. Conceptual propositions also suggest that the external operating environment of a firm influences the relationship between its corporate strategies and performance. This paper examines the direct effect of corporate growth strategies on performance of large manufacturing firms in Nairobi City County, Kenya. The strategies under study are market development, product development and diversification. The paper also examines the moderating effect of external operating environment on the relationship between corporate growth strategies and performance of the large manufacturing firms. The authors adopted indicators of competitive position, consumer behaviour and credit accessibility to measure external operating environment.Multistage probability sampling technique was used to select study sample of 189 firms. One hundred forty eight firms responded where primary data was collected using a semi-structured questionnaire. Data was analysed using descriptive and inferential statistics. The study findings indicate that corporate growth strategies have a positive and significant impact on a firm’s performance. It also found out that external operating environment has a moderating effect on the relationship between corporate growth strategies and firm performance. The study has important implications for managers and policy makers of the manufacturing firms.

scholarly journals THE INFLUENCE OF INTERGOVERNMENTAL REVENUE BUDGETS AND CLARITY OF BUDGET TARGETS ON THE FINANCIAL PERFORMANCE OF REGIONAL GOVERNMENTS: THE CASE OF THE REGIONAL APPARATUS ORGANIZATION OF THE CITY OF TIDORE ISLANDS

2020 ◽  
Vol 9 (2) ◽  
pp. 60
Author(s):  
Farid Madjodjo ◽  
Charis Muhammad Saleh ◽  
Fadli Dahlan
Keyword(s):  
Regression Analysis ◽  
Financial Performance ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Primary Data ◽  
Regional Government ◽  
Relationship Of ◽  
The Relationship ◽  
The City

This study aims to test the relationship of intergovernmental revenue and clarity of budget targets on the regional government financial performance. This study uses quantitative approach with primary data obtained from the results of distributing questionnaires and then measured by using a five-point Likert scale. The population of this study is the Regional Apparatus Organization which is official in the city of Tidore Islands, with the number of samples that have been determined as many as 45 samples. The sampling technique of this study is purposive sampling and conducts the multiple linear regression analysis as hypothesis testing. This study finds that the intergovernmental revenue and clarity of budget targets in partial have positive and significant effect on the regional government financial performance. The findings of this study imply that agency theory can explain the performance of local government of the City of Tidore Islands.

EFFECT OF RISK MANAGEMENT FUNCTION ON FINANCIAL PERFORMANCE OF SAVINGS AND CREDIT CO-OPERATIVE SOCIETIES IN KENYA

2017 ◽  
Vol 2 (5) ◽  
pp. 38
Author(s):  
Jackson Mnago Ndungo ◽  
Dr. Olweny Tobias ◽  
Dr. Memba Florence
Keyword(s):  
Risk Management ◽  
Financial Performance ◽  
Pearson Correlation ◽  
Secondary Data ◽  
Sampling Technique ◽  
Target Population ◽  
Primary Data ◽  
Independent Variables ◽  
Management Function ◽  
Management Techniques

Purpose: The main objective of the study was to establish effect of risk management function on financial performance of savings and credit co-operative societies (SACCOs). The total assets of SACCOs grew from 257 billion to 301.5 billion while total deposits increasing from 182.7 billion to 205.9 billion from December 2013 to December 2014 financial years (SASRA, 2014). With savings of kes. 380 billion and asset base of Kshs. 493 billion, SACCOs control 39 percent of total loan accounts in Kenya (SASRA, 2012). Howevwer, some SACCOs have gone under liquidation thus putting billions at risk. This has led to the introduction of CRBs to control all financial institutions to reduce the information asymmetry effects between lenders and borrowers. The target population was 181 and a sample of 135 licensed deposit taking SACCOs as at 31st December 2014 was used. Stratified random sampling technique was used for each type or category. Secondary data from publications, CRBs, journals and financial records was used. Primary data was collected using structured questionnaires which had both close ended and open ended questionnaires. The study used multiple regression and Pearson correlation to test for significance and relationship respectively of the independent variables and the dependent variable.Findings: The findings indicated that risk management function had a positive and significant effect on financial performance of SACCOs in Kenya.Recommendation: The study recommends that lenders should review their risk management techniques regularly in order to coup with the rapid advances in technological changes. The study also recommended that SACCOs should always subject their clients to credit reference bureaus whenever they grant a loan.

From corporate social responsibility activities to financial performance: role of innovation and competitive advantage

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mahnoor Zahid ◽  
Hina Naeem ◽  
Iqra Aftab ◽  
Sajawal Ali Mughal
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Competitive Advantage ◽  
Manufacturing Firms ◽  
Equation Modeling ◽  
Content Type ◽  
Corporate Social ◽  
The Relationship

Purpose The purpose of this study is to scrutinize the effect of corporate social responsibility activities (CSRA) of the firm on its financial performance (FP) and analyze the mediating role of innovation and competitive advantage (CA) in the relationship between CSRA and FP in the manufacturing sector of an emerging country, i.e. Pakistan. Design/methodology/approach Data has been collected through an electronic structured questionnaire from 300 middle-level and top-level managers by surveying different manufacturing firms of Gujranwala, Pakistan. The study’s hypotheses have been checked by analyzing the reliability and validity of data and applying confirmatory factor analysis and structural equation modeling through statistical package for the social sciences and analysis of moment structures. Findings Outcomes of this study supported the hypothesized model. It has been found that the CSRA plays a significant positive role in determining the FP of the firm. Furthermore, the CA and innovation have been proved as significant mediators between CSRA and FP. Originality/value The first time examining the intermediation of innovation and CA in the relationship between CSRA and FP is the primary input of this study to the literature. Practically, this study’s findings will help strategy makers of manufacturing firms in emerging countries develop better strategies for implementing CSRA, enhancing innovation, seeking CA and improving FP.

scholarly journals Does an Authoritative Parenting Style Associate with Secure Attachment to Father?

2020 ◽  
Vol 17 (1) ◽  
pp. 10
Author(s):  
Fatmawati Fatmawati ◽  
Siti Maryam
Keyword(s):  
Pearson Correlation ◽  
Sampling Technique ◽  
Total Sample ◽  
Authoritative Parenting ◽  
Test Results ◽  
Secure Attachment ◽  
Pearson Correlation Test ◽  
Authoritative Parenting Style ◽  
The Relationship ◽  
Attachment To Father

<p><strong>Abstract</strong>. Good parenting produces a good mutual relationship between parent and child. Fathers have a role in parenting. A father is involved in nurturing by interacting with children and utilizing his resources, including physical, cognition, and affection. To that end, this study aimed to investigate the relationship between authoritative parenting and secure attachment to fathers among adolescents in Pidie-Aceh, Indonesia. This study used a purposive sampling technique with a total sample of 200 teenagers. Data collection techniques were performed by using authoritative parenting scale and secure attachment to father scale. The Pearson correlation test results showed that authoritative parenting was positively related to secure attachment to father. The analysis proved that authoritative parenting was significantly related to adolescents’ attachment to their fathers</p><p><strong>Keywords: </strong>authoritative parenting, secure attachment, father, adolescent</p>

scholarly journals Attitude Towards Shopping Mall Purchasing Behavior

2020 ◽  
Vol 23 (2) ◽  
pp. 207-228
Author(s):  
Raju Bhai Manandhar
Keyword(s):  
Strong Association ◽  
Sampling Technique ◽  
Shopping Mall ◽  
Purchase Behavior ◽  
Primary Data ◽  
Consumer Attitude ◽  
Purchasing Behavior ◽  
Shopping Malls ◽  
The Relationship ◽  
Structured Questionnaire

Consume attitude is multidimensional and it has been one of the main concepts used to explain individual differences. This study aims to examine the relationship between overall attitude and shopping mall purchasing behavior and impact of advertising and purpose to visit on shopping mall purchasing behavior in Nepalese consumers. The present study is descriptive and analytical in nature. Structured questionnaire technique under survey approach was applied for collecting primary data with five point Likert scale questionnaire. The population of this study targeted the consumers of shopping malls in Kathmandu valley. The sample size has been derived for unknown population that is 384. The judgmental sampling technique was used in this research to make this study more inclusive and representatives. Descriptive statistics and inferential statistics (correlation analysis and regression analysis) have been used to analyze the data. It is found that there is strong association between shopping mall purchase behavior and overall consumer attitude. The study found that purpose to visit has impact on shopping mall purchase behavior. The study also found that advertisement has no significant impact on shopping mall purchase behavior.

scholarly journals Short-Term Debt and Financial Performance of Small and Medium Scale Enterprises in Buganda Region, Uganda

2020 ◽  
Vol 9 (4) ◽  
pp. 58-69
Author(s):  
Henry Mugisha ◽  
Job Omagwa ◽  
James Kilika
Keyword(s):  
Financial Performance ◽  
Small And Medium Enterprises ◽  
Low Cost ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Primary Data ◽  
Short Term ◽  
Cross Sectional ◽  
Capital Shortage ◽  
Qualitative Approaches

Short-term debt is regarded as an important source of financing for Small and Medium-sized enterprises (SMEs). This is because it can be easily accessed and useful during times of emergent working capital shortage. However, short-term debt is the least researched among the components of capital structure, which explains why its contribution to the financial performance of small and medium-sized businesses still lacks empirical validation especially in the Ugandan context. This paper sought to determine the effect of short-term debt on financial performance of Small and Medium Enterprises in Uganda. The study adopted a descriptive cross-sectional research design to collect and analyse the data. Stratified random sampling technique was used to select SMEs while purposive sampling technique was used to select one key respondent from each of the sampled 453 SMEs in Uganda. Primary data was collected using survey questionnaire. Data was analysed using descriptive statistics and simple linear regression analysis. The findings indicted that short-term debt had a negative and significant effect on financial performance of SMEs as measured by return on assets. The study provides empirical evidence to support the propositions in the extant literature that short-term debt significantly hampers financial performance of SMEs. The study recommends that SMEs should adopt low cost operation procedures to improve profitability. This would lead to accumulated profits that can be used for investment purposes as a means of driving growth among the SMEs without resorting to borrowing. This paper suggests that further research should be conducted to establish the justification for the negative and significant effect of short-term debt on financial performance using qualitative approaches.

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