101 Records out of 22207 Records

The impact of ICT adoption on financial performance of commercial Banks in Kenya

Author: Juma, Moses Wesutsa

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Information technology/Bank technology/Financial performance/Commercial banks/Banking industry ;

Abstract:

The purpose of the study was to establish the Impact of ICT adoption on financial performance of commercial banks in Kenya. Information and communication technology (lCT) has become the heart of the banking sector, while banking industry is the heart of every robust economy. The research design used was Correlation. The population of study was the commercial banks in Kenya. The data collection instrument used was questionnaire which was administered by the researcher through drop and pick method. Responses were grouped into various categories for analysis using descriptive statistics. Statistical Package for Social Sciences (SPSS version 17) was used to analyze the structured questions while the use of descriptive statistics determined frequencies and percentages. The results were presented in prose, tables, bar graphs and charts. The study found out that ICT improved the operations, improved the liquidity and the asset quality in commercial banks in Kenya. This not only increased their markets but also helped the organizations to remain competitive in the market. ICT also deepen liquidity of banks in existing markets, for example by reducing excessive reliance on a narrow base of depositors for funding and improves on earnings, asset quality and this increased efficiency in the operations as a whole and especially in commercial banks in emerging markets and developing countries such as Kenya. The research indicates that there is need to adopt ICT innovations in order to improve the commercial banks' financial performance. In technological innovations, the banks should introduce ICT products that are relatively simple and standard and that offer clear value added. The rapid proliferation and diffusion of ICT in the Banking Industry in Kenya provides a platform to use modem technologies to develop operational efficiency and quality of service to attain and retain customers and in the process enhance the financial performance of the commercial banks.

The Impact of Strategic alliances on the success and growth of small and medium commercial colleges in Nairobi

Author: Sikuku, Samuel Charo

Awarding University: United States International University-Africa, Kenya

Level : MBA

Year: 2012

Holding Libraries: ;

Subject Terms: Impact analysis/Strategic planning/Alliances/Business education/Nairobi, Kenya ;

Abstract:

ABSTRACT NOT AVAILABLE

A survey of the impact of the global financial crisis on the 2008-2011 funding of the NGOs in the health sector in Nairobi County

Author: Shuria, Hashim Abdirahman

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Global economy/Economic crisis/Funding/Nongovernmental organizations/Health services/Nairobi County ;

Abstract:

The purpose of the study was to assess the impact of global financial crisis on the funding of the NGOs working on the heath sector in Nairobi' County. Local and international non-governmental organizations (NGOs) playa crucial role in the health sector and contributing to MDGs in Africa including Kenya. The global financial crisis and its anticipated effects have created difficulties on both the supply and demand sides for these NGOs. Since the start of the economic downturn in late 2007, charities worldwide are facing an uncertain future. The current global recession has spread beyond banks and businesses to impact giving to philanthropic organizations. The study adopted descriptive research method. The population consisted of all NGOs registered with NGO Coordination Board as at January 2012 that were physically located in Nairobi County. There were 1051 in number. One hundred and sixteen organizations were selected as the sample size for this research using simple random sampling method. The data was collected using structured questionnaires administered on the selected NGOs. The data was analyzed using descriptive statistics, whereas the analysis was done using SPSS and Excel as tool of analysis. Findings were presented in tables, charts and regression Tables. The response rate for the study was 69% out of which 63.5% of the respondents were National NGOs whereas 36.5% of the respondents were International ?NGOs. The finding also shows that 81 % of the organizations fundraise from International NGOs. The findings show that the NGOs have different sources of funding where funding from International NGOs was the Highest while Government agencies were the second highest in all years. The list income came from Self-generating income. It was also noted that the year 2011 had the highest average funding while 2008 had the lowest average of funding. This means that the financial crisis has affected these organizations in 2008 and gradually improved over years. In the year 2008 and 2009, majority (62% and 55% for 2008 and 2008 respectively) of organizations did not meet its annual Budget whereas the Majority (54% and 62%) of the Organizations did met to fundraise for annual budgets for the year 2010 and 2011 respectively. According to the findings, forty (56%) of the respondents indicated that that number of health programmes in their organization has not t;.eQuced over the 2008-2011 whereas Twenty nine (40%) of the respondents indicated otherwise. The majority respondents gave; Awareness and training, Environment, Health and Sanitation, FGM, Family Planning, Child Education, Community and HIV Awareness, HIV and AIDS, Reproductive health , Nutrition and TB Programmes as the Pfogrammes affected for the four years. In conclusions, Since the Majority of the Organization identified to have fundraised from External Organizations, the impact of the Global Financial Crisis has been felt by these organizations. The impact of the Global financial crisis was severer on year 2008 while there Gradual Improvement. These organizations could not sustain their annual Budget for 2008 and 2009 whereas there was improvement for 2010 and 2011 where Majority of the organizations had met their annual budgets. Although, the financial crisis have affected some of the NGOs and have reduced some of their programmes, Majority ofNGOs in Kenya have not reduced their programmes. It's recommended that NGOs must adopt funding mix that has fewer restrictions. Therefore NGOs in Kenya should also strive to fundraise from Local Stakeholders including individual donors. By sustaining its funding, Organizations always strive to sustain themselves through different strategies. Organizations should accomplish this through fundraising .. In managing its financial sustainability, NGOs in Kenya strive to develop and maintain strong stakeholders Relationships while obtaining a range of types of funding and strategically managed and financed overhead cost.

The impact of corporate social responsibility on firms risks among quoted commercial banks in Kenya

Author: Stanley, Judy W

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Corporate responsibility/Social responsibility/Risk assessment/Public companies/Commercial banks/Banking industry ;

Abstract:

This research was undertaken in order to understand the impact of corporate social responsibilities on firm risks amongst quoted banks in Kenya. The objective of the study was to investigate how CSR impacts on firm risks. A number of studies have been done in Kenya regarding the relationship between CSR and financial performance but none has been carried out to establish the relationship between CSR in relation to firm risks. Specifically, it was expected that by pursuing a series of nominated objectives, this study will help assess consumers, community, employee and other stake holders reactions towards the perceptions of banks as socially responsible entities, in the context of CSR principles The researcher used a descriptive survey by administering a questionnaire to the targeted respondents. Data was analyzed using SPSS software and presented using bar graphs, pies charts and frequency tables. Secondary data was also obtained from Banks to obtain accounting measures of risks. The results show that the firms with CSR did suffer less stock price declines in negative events. Additionally, this study also finds the CSR has greater protection effect for firms with higher intangible assets, and has significant contribution in the safety-related negative events but not in the integrity-related negative events. CSR is not about free goodies. It is an effort by organizations to deploy their resources in a way that helps the organizations build a mutually productive and sustainable business relationship between them and the communities with which they do business. It's thus recommended that banks should adopt portfolio mitigating strategies before investing heavily in CSR activities which are capital intensive to establish the risk return trade off.

Impact of investment banking on economic growth in Kenya

Author: Ruibi, Kennedy Muthii

Awarding University: University of Nairobi, Kenya

Level : MSc

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Investment banking/Economic growth ;

Abstract:

Investment banks are an essential part of the financial sectors of modern economies. providing alternative savings tools to savers and non-bank sources of financing for enterprises, the markets promote economic growth through improved efficiency in savings mobilization (Hunter, 2003). Nevertheless, in an economy of many private enterprises, many firms list in the market while many that qualify to do so do not. Capital market authorities may be unaware of plausible factors that induce firms to list in the market. Worse, they may be unaware of persisting negative factors that may inhibit qualified firms from listing in the stock exchange. The capital markets consist of the primary market and the secondary market. The primary markets are where new stock and bonds issues are sold (underwritten) to investors. The secondary markets are where existing securities are sold and bought from one investor or speculator to another, usually on an exchange. This study was a descriptive study. According to Schinler and Coopers (2004) descriptive studies are more formalized and typically structured with clearly stated hypotheses or investigative questions. It serves a variety of research objectives such as descriptions of phenomenon or characteristics associated with a subject population, estimates of proportions of a population that have these characteristics and discovery of associations among different variables. This study was carried on investment banks in Kenya and the population of the study was all the 23 investment banks in Kenya (CBK, 2008). Census was used in carrying out the study. The whole population was covered hence no sampling done. Secondary data was used in this study. This was obtained from NSE database and included Gross Domestic Product measured as the real Gross Domestic Product generated within the year; average commission fee charged by the investment banks in Kenya; the total number of investment banks in Kenya within the year; The total value of stocks traded or transacted within the year; the trading cycle within the investment market to measure the microstructure of investment markets. The study revealed that efficient investment banking in the general economy strives to; improve their capital bases, reduce operational costs, improve assets quality by reducing the rate of nonperforming loans, employ revenue diversification strategies as opposed to focused- strategies and keep the right amount of liquid assets. Indeed the descriptive analysis of these factors by number of investment banking showed that large investment banks perform better than the small and medium investment banks hence superior in their contribution to economic growth. This study therefore, sought to establish the impact of investment banking on economic growth of Kenya.

The impact of Central Bank intervention on the profitability of technical trading rules in the foreign exchange market in Kenya

Author: Wafula, Florence Nabwile

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Central Bank of Kenya/Central banks/Profitability/Foreign exchange rates/Monetary policy ;

Abstract:

This study examined the impact of central bank intervention on the profitability of technical trading rules. The study period was from July 1, 2007 to June 30, 2012. The study employed simple moving average rules with and without interest rate cost. Data was analyzed with central bank intervention data then the intervention data were removed and the data analyzed again. Then paired sample t-test was applied to profits with and without interest cost and to profits with and without central bank intervention. The general result that central bank intervention in the market reduces the profitability of technical trading rules is interesting. This result means that central bank intervention in the market can reduce speculation in the market. However, this can only be the case when the profits after intervention are not significant As the results demonstrate above, indeed profits decline but they are still significant. Therefore central bank intervention has not been successful in eliminating speculation in the market. The results also show that central bank intervention reduces the volatility of technical trading profits. Therefore, when the central bank intervenes in the market speculators earn relatively low profits simply because exchange rate volatility has declined. This finding is supported by not only a decreased standard deviation but also a lower kurtosis. The impact of central bank intervention in the market is only felt at the monthly trading interval. Thus, intervention in the foreign exchange market does not significantly reduce profitability of technical trading rules and hence speculation. Thus, the foreign exchange market is subject to large exchange rate movements with or without intervention by the central bank. The results show that including interest rate costs does not eliminate the profitability of technical trading. Also technical trading appears more profitable during periods of high volatility.

The impact of logistics management on lead time in public healthcare in Nairobi, Kenya

Author: Tarty, Gabriel P

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Logistics/Materials management/Public health/Health care delivery/Nairobi, Kenya ;

Abstract:

This study establishes the factors that influence lead time and the impact logistics management have on lead time in public healthcare in Nairobi, Kenya. The researcher makes use of questionnaires to collect the primary data. The questionnaires consisted of two parts. The first part contained bio data of the respondent and the second part contained questions on the objectives of the study. Closed ended questions were used to collect the data. The questionnaire was administered through drop and pick later method. The respondents mainly constituted procurement officers and in some cases administrators who implemented procurement functions. The data was analyzed by the use of factor, regression and descriptive statistics. The analysis indicated that logistics management is influence by 10 factors that impact on lead time among healthcare facilities in Nairobi. They included: Equipment failures; poor warehouse management; poor flow of information; poor order shipping, poor order listing; poor order sorting; ordering costs; bureaucracy in government; order packaging challenges and poor warehouse planning, The analysis also revealed that the regression results indicated that the independent variables; demand variability, ordering costs, shortage costs, Changes in holding costs and Utilization rate explain 64.9% of the variance in lead time changes. This is an indication that 38.1% of the variance is explained, by other variables outside the ones mentioned above. The coefficient for xl is 0.456 which have moderate direct relationship between demand variability and lead time. The coefficient for ordering costs is 0.671 which is a strong direct relationship hence very significant. The coefficient for shortage costs is -0.500 which is a moderate inverse relationship between lead time and shortage costs. It significance tend towards zero thus a sign that it is very important. Changes in holding costs have ~ strong inverse relationship of -0.697 and a significance of zero which is an indication of very high significance. Utilization rate has a weak direct relationship and a significance value of 0.26 which is a weak factor. The factors and Variables which show strong relationships to demand variability and lead time can be taken seriously in reducing lead time in public healthcare. Healthcare providers in Nairobi, Kenya can place more emphasis in these areas so that patients and others medical facilities users can be served effectively and efficiently.

The impact of Information Technology investments on organizational performance at Kenya Commercial Bank Group Ltd

Author: Yegon, Patrick Kipkorir

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Information technology/Technological change/Performance evaluation/Kenya Commercial Bank/Commercial banks/Banking industry ;

Abstract:

Information Technology has emerged as a key component in solving complex strategic issues. Relevant literatures have recognized Information technology as the driving force behind the fast rate of changes in global markets. Organizations are becoming increasingly dependent on Information Technology to improve their performance. While the dependence on Information Technology is on the increase, Organizations are unsure of the payoff of these heavy investments. It is on the backdrop of this dilemma that this study set out to establish whether Information Technology have an effect on Organizational Performance. The theory that anchored this study was Edith Penrose's (1959) Resource Based theory of the firm. This theory stipulates that a firm is a bundle of resources within an administrative framework. The study considered Information Technology as a critical resource for the bank. It was a case study that sought to utilize longitudinal studies to establish the trends exhibited by the two variables during the period studied. The study collected both primary data and secondary data to benefit from triangulation. Primary data were collected using a pretested interview guide that was used to interview 10 senior managers drawn from key functional areas of the bank. Secondary data was collected from published annual financial statements of the bank. The data findings were analyzed using Excel software tools and the findings showed a positive relationship between Information Technology and Organizational performance. The key findings of the study were that some of the internal benefits of Information Technology included cost reduction, improved customer services, process and people efficiencies and better employee performance. Under Information Technology practices, the key findings were that the bank has hardware, which included personal computers, laptops, servers and Internet protocol phones. It was also noted that there was a bank website to provide information to the public. The existence of an intranet for employees and networks was also a notable feature. The strategic benefits of Information Technology at the bank included competitive advantages gained by the bank, innovation of products, organization learning, restructuring, expansion and increased business opportunities. There were challenges that arose with adoption of Information technology which included system failures, frauds and high costs of IT investments. The study established that there is a relationship between Information Technology and Organizational Performance though the relationship was not very strong because of the existence of other variables that affect Organizational Performance. This study recommends that managers in organizations need to closely monitor the implementation of Information technology in order to optimize its benefits. It further recommends that managers and policy makers need to keep abreast of the developments in this dynamic information technology sector to ensure that organizations survive in the global market place and craft necessary policies to guide and regulate this critical industry. The study contributes to the resolution of the 'productivity paradox' where Information technology has often brought doubts to practitioners and researchers alike as to its claims on productivity.

The impact of working capital management on the profitability of the oil industry in Kenya

Author: Runyora, Eva

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Working capital/Financial management/Profitability/Petroleum industry ;

Abstract:

Working capital management is a very important component of corporate finance because it directly affects the liquidity and profitability of the company. A firm's value cannot be maximized in the long run unless it survives the short run. There are no specific set of rules or formulae to determine the working capital requirements of firms. Maximizing profits is said to be the objective of all firms. Efficiency in working capital management is so vital in a production firm; assets are mostly composed of current assets. The study sought to establish the impact of Working Capital Management on Profitability as evidenced in the oil industry in Kenya. The research design adopted was cross-sectional study in which data was gathered over the period 2007 to 2011. The study was carried out through the use of secondary data as detailed in oil industry in Kenya annual reports. The researcher obtained the data from the financial statements in their annual report. The population of the research consisted of all the 30 oil companies in Kenya registered with Petroleum Institute of East Africa (PIEA) within Nairobi and its environs. The data collected was analyzed. by use of Microsoft Excel 2010 and Statistical Package for Social Sciences (SPSS) Version 17. Regression analysis was used to determine the relationship between working capital management and profitability. The Chi-square test (X2), a non-parametric test was used to test the goodness of fit, test the significance of association between two attributes, and test the homogeneity or the significance of population variance. It was also established that most of the profits of oil firms in Kenya is attributable to working capital management. The study concludes that there exists relationship between Working Capital Management and Profitability of oil firms in Kenya; leverage was found to positively influence the profitability of oil firms in Kenya. The study recommends that for oil firms in Kenya to remain profitable, they should employ working capital management practice that will help in making decisions about investment mix and policy, matching investments to objectives, asset allocation for institutions, and balancing risk against profitability.

The impact of working capital management on cash holdings of small and medium enterprises in Nairobi

Author: Wauye, Mathews Omolo

Awarding University: University of Nairobi, Kenya

Level : MBA

Year: 2012

Holding Libraries: University of Nairobi Jomo Kenyatta Memorial Library ;

Subject Terms: Impact analysis/Working capital/Financial management/Cash flow/Small business/Nairobi, Kenya ;

Abstract:

In order to manage working capital efficiently, there is the need that financial managers be able to plan and control current assets and current liabilities in a manner that eliminates the risk of inability to meet due short term obligations. The objective of this study was to determine the impact of working capital management on the cash holdings of small and ntedium enterprises in Nairobi. The data was collected from secondary sources which were the financial statements for the year 2010 and 2011 from a sample of 40 Small and medium manufacturing enterprises in Nairobi. The data analysis was carried out using both descriptive and quantitative analysis and was analyzed using both Microsoft Excel, SPSS Version 19 and the multivariate regression model The findings of the study were that all the components of working capital management were negatively related to cash holdings except day's payables outstanding which were positively related to cash holdings. The study recommends that small and medium manufacturing should tactically manage the accounts receivable, inventory and accounts payable with the technique of highly efficient working capital management in order to shorten the cash conversion cycle, generate more internal cash to firm and increase the level of cash holdings. The Decision-makers from small and medium enterprises can obviously benefit from the findings of this work in that an alternative approach to explaining cash holdings in SMEs is presented. These findings could also concern practitioners from banks, other financial institutions or consulting firms since the results are of crucial importance to the credit rating, survival and performance of their potential clients. Due to the same reasons, policy makers who are interested in the short-term financial conditions of SMEs could gain from the results that have been described and discussed in this study. Moreover, academics can benefit from this study in that existing research is brought into the context of working capital management.