School of Business and Economics: Recent submissions
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Now showing items 121-135 of 135
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Irungu, Dancan Njagi (The International Journal of Business Management and Technology, 2017)[more][less]
Abstract: The purpose of this paper is to investigate how firm age and size affect the small and medium firm to move from the local to international market. Literature has strongly suggested that the firm age and firm size some of the key factors that influence internationalization of medium sized firms for many developing economies though little research has been done regarding the same for developing economies. An in depth survey was conducted with 73 Kenya Top 100 medium companies targeting the CEOs and/or key executives by the use of a questionnaire instrument. The data was analyzed by the use of Statistical Package for Social Scientists (SPSS) Version 21. Both descriptive and inferential statistics were used to present data. The study found that if Kenyan medium sized firms would sustainably increase the size of their operation, as they age, this would increase theirreadiness to internationalize their operations. They would therefore achieve superior capability to maximize on any opportunity that might arise for doing business in foreign market.The study recommends that the Government of Kenya should provide a supportive environment that would enable medium firmsto grow and overcome the challenges of smallness which is a precursor to internationalization. Description: Published Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3553 Files in this item: 1
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Irungu, Dancan Njagi; Marwa, Mwita (Irungu, D. N., & Marwa, M., (2018). Firm Resources as Determinants of Internationalization of Medium Sized Firms Evidence from Kenya. International Journal of Small Business and Entrepreneurship Research, 2015)[more][less]
Abstract: The purpose of the study is to assess the effects of firm resources on the internationalization of medium firms taking evidence from Kenya.Resource Based View (RBV) is the main theoretical framework that has informed the study. According to Barney (1991), the ownership of the unique resources is assumed to be the reason why Medium firms in the same industry and location respond differently to export stimuli; one initiating export business and is in a position to meet its export orders while another similar one is not. The argument is that the internal resources tangible or intangible are the main explanatory determinant of firm internationalization. Kenya Top 100 medium firms formed target population. The results of the study indicate that Medium firms that seek for internationalization should invest in developing rare and unique resources which are not imitable. The findings reveal that internal resources tangible or intangible are the main explanatory determinant of medium firm internationalization. The results of the study agrees with a lot of the existing literature on SMEs internationalization on that ownership of the unique resources is a major reason why firms in the same industry and location respond differently to export stimuli. To overcome the challenges of smallness, medium firms have to leverage on knowledge and network resources for they are rare, unique and are not imitable. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3552 Files in this item: 1
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Mdasha, Zawadi; Irungu, Dancan Njagi; Wachira, Muturi (Journal of Strategic Management, 2018)[more][less]
Abstract: Financial inclusion has enabled many organizations to deliver affordable costs to sections of disadvantaged and low-income sectors of the society. This has facilitated the operations of the business activities especially in Small and Medium Enterprises. The main purpose of this study was to establish the effects of financial inclusion strategies on performance of small and medium enterprises in Tanzania. The study was conducted on selected SMEs in Dar es Salaam, Tanzania. The target population consisted of 93,430 in three districts of Dar es Salaam, where a sample of 240 respondents were selected by use of purposive non-probability sampling. Questionnaires were administered and the data collected and analyzed by use of Statistical Package for the Social Sciences (SPSS). From the key findings, it emerged that the respondents agreed that financial access point were made closer to where people live, access and use of financial services increased competition due to adopting new skills and technology, access and use of financial services increased profitability and growth of business and some of the challenges faced by SMEs in employing financial inclusion strategies were unforeseen market changes, not being involved in making strategies. The study recommended the sensitization of financial inclusion strategies to the beneficiaries and cooperation between financial institutions and SMEs in formulation of realistic strategies. Description: Published Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3551 Files in this item: 1
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Wachira, Florence Wanjiru; Irungu, Dancan Njagi (International Journal of Economics, Commerce and Management, 2015)[more][less]
Abstract: The purpose of the study is to establish whether strategic planning improves organizational performance taking the case study of Kenyatta national hospital. The concept and practice of strategic planning is present globally and across sectors because of its perceived contribution to organizational effectiveness. Today organizations from both the private and public sectors have taken the practice of strategic planning seriously, as a tool that can be utilized to fast-track their performance. The study targeted the top management, middle level management and operational managers because they understand the institution’s strategic plan. The study adopted quantitative and qualitative research approaches. Both primary and secondary data were used and the analysis done using SPSS version 21. Decretive statistics was used to present the data. The study revealed that strategic plan implementation at KNH improved the performance of the hospital especially on service delivery to customers. The study concludes that in order to ensure effective strategy implementation, the organizations needs to continue involving all stakeholders in the process of strategic planning starting from formulation, implementation to monitoring and evaluation. Description: Published Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3550 Files in this item: 1
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Irungu, Dancan Njagi; Mutie, Julia Mutave (European Journal of Business and Management, 2014)[more][less]
URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3549 Files in this item: 2
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Wambu, Carolyne Wanjiku; Irungu, Dancan Njagi (Wambu, C. W., Irungu, D., N., (2014). Journal of Economics and Sustainable Development, 2014)[more][less]
Abstract: Information technology has become a major driver for firm performance in the 21st century. Many firms however, have lagged behind in the adoption of IT which a major drawback given the nature of global competition. The objective of the study is to determine the effects of the adoption of Information Technology on organisational performance which is a survey of firms listed in the Nairobi Securities Exchange. Cross sectional research design was used in the study. The study targeted the chief information technology officers, information technology managers, information system managers and managers involved in policy making decisions on computing systems in all the companies listed in the Nairobi securities exchange. Both open ended and closed questionnaires instrument was used to gather the data. The study found out that competitive advantage, cutting costs, customer service and convenience, enhancing security, and financial management are the attributes that are associated with adoption of information technology and this improves the performance of the firms listed in the NSE. The study concludes that IT adoption has an effect on performance of firms listed at NSE, in addition environmental, strategic and managerial factors have an effect of IT adoption on the performance of organisations. The study recommends that firms should invest in IT capabilities and IT resources in order to spur performance. Description: Published Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3548 Files in this item: 1
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Psiwa, Jane Tipitip; Irungu, Dancan Njagi; Muriithi, Samuel Muiruri (Journal of Strategic Management ISSN xxxx-xxxx (Paper) ISSN XXXX-XXX, 2017)[more][less]
Abstract: Purpose: The purpose of this study was to assess challenges facing the implementation of the County Integrated Development Plan (CIDP) in Narok County Government. Methodology: The study utilized a descriptive survey research design. The target population comprised of 10 County Executive Committee Members, 22 County Chief Officers who report to CECs and 62 directorates of the respective functional sections or units of the government in Narok County. The study utilized a census technique of data collection meaning the target population was studied. Results: The major findings of the study were that NCG employees were involved in the formulation of the CIDP, the CIDP had been implemented to a moderate extent, NCG had met less than 50% of the performance targets as well as less than 50% CIDP development projects or interventions, the CIDP of NCG is comprehensive as per the requirements of the constitution of Kenya 2010, NCG indeed experienced financial-related challenges, human resource-related challenges and leadership-related challenges in the process of implementing the CIDP. The findings also revealed that national government policies and legislation and organization culture influenced the implementation of the CIDP. Unique contribution to theory, practice and policy: the study recommends that the national government of Kenya should disburse funds to the county governments regularly and on time, NCG should review their style of leadership to a transformational and consultative style, and that the national government should review the national legislations and policies that govern the operations of county governments. Description: Published Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3547 Files in this item: 1
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Waithima, Abraham K. (Investment Climate and Business Environment Research Fund, 2012)[more][less]
Abstract: This paper uses an experiment involving a public good game and a common pool resource game to investigate if individuals compensate their "Harambee" contributions by engaging in corruption. The results show an inverse relationship between public good contributions and common pool resource extractions, in that cooperator in public good contributions extract less from the common pool resource. To the extent that the experiment mimics the alleged link between contributions to harambee and corrupt acts of embezzlement ex-post, the basis for blaming harambee on corruption is not established by the results. Consistent with the findings documented in Henrich et al, 2001 which showed that Kenyan subjects brought their everyday experience of harambee into the public good setting, this paper also documents the fact that participants in the games brought their real life experience of harambee to bear on their decisions. This highlights the important and potentially positive reinforcing role that social norms and institutions can have on individual decisions. Description: Published Report URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3546 Files in this item: 1
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Irankunda, Annie; Musau, Celestine; Waithima, Abraham K. (Journal of Marketing & Communication, 2018)[more][less]
Abstract: The purpose of this study was to establish the influence of sources of social media communication in building brand equity at Dotsavvy Limited. The objectives were to identify the sources of social media communication used at Dotsavvy Limited, to establish how the sources of social media communication influence the building of brand equity at Dotsavvy Limited and to identify the challenges faced in using the sources of social media communication at Dotsavvy Limited. The study used descriptive approach research design to analyze and interpret data. Data collected was derived from a sample size of 10% of the social media sites followers used at Dotsavvy Limited which were: 89 Facebook followers, 126 LinkedIn followers, 62 Twitter followers, and 32 followers from Dotsavvy website blog. The study established the sources of social media communication mostly used was Facebook with 50% of 308 respondents, while 25% of the respondents use Dotsavvy website blog. The study also established that the two sources of social media communication with the most influence in building brand equity at Dotsavvy were Facebook at 50% and the website blog at 25%. The study concluded that social media communication sources have influence on the building of brand equity with a majority influence from Facebook and the website blog. The findings of the study show that Dotsavvy should increase their brand presence on its least used social media communication sources should increase their marketing content and interactions with their social media followers through creative and strategic marketing campaigns. This will increase Dotsavvy’s brand equity across their social media communication sources which are Twitter and LinkedIn. Description: Published Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3545 Files in this item: 1
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Koyier, Thomas; Mageto, Peter; Wachira, Muturi; Gitamo, Sarah Moraa (Strategic Journals of Business & Change Management, August 31, 2016)
[more][less]Abstract: Reward systems are categorized in various forms as pay or salary, recognition and appreciation, empowerment and autonomy, and fringe benefits. Rewards need to be competitive enough in relation to compensating workers for their labour. By integrating the theories of motivation, this study assessed the effect of reward systems on employee satisfaction at the Kenya Forestry Research Institute (KEFRI). This research was based on the assumption that application of reward systems influences the behaviour and attitude of employees at Research Institutions in general and for this case KEFRI. One of the major problems facing research institutions in Kenya is the inadequate or lack of application of the reward systems, which leads to employee dissatisfaction. Labour productivity is greatly enhanced through appropriate application of reward systems. This situation provides the basis to assess the existing reward systems employed at KEFRI as a means of improving employee satisfaction and hence labours productivity. The study targeted a population of 554 employees drawn from three of KEFRI’s three Research Centres namely: KEFRI Headquarters, Muguga and Karura Regional Research Centres. The study sample was 111 employees across all cadres. A fully structured self-administered questionnaire and an interview guide were the standard data collection instruments for the respondents. The data was analyzed using descriptive and inferential statistics. In particular, frequencies, tabulation and chi-square were used as descriptive statistics. The study revealed that 84% of the respondents were aware of the existing types of reward systems while 16% were not aware, a factor mainly attributed to failure to read the KEFRI human resource manual, attend staff meetings and ignorance on the fact that awards seem to have improved significantly in the current year as compared with the last three years. It also revealed that through rewarding employees equitably, the organization’s performance had been enhanced and employee commitment to the organization was more assured. The study also revealed that the application of reward systems influenced the level of satisfaction of employees at KEFRI. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/2991 Files in this item: 1
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Kibet, Amos Kipkoech; Koyier, Thomas; Wachira, Muturi (Journal of Strategic Management, 2017)
[more][less]Abstract: The overall purpose of this study was to evaluate the strategic responses to gain competitiveness in cement manufacturing industry. Methodology: The study employed a descriptive research design. The population for this study was all the employees in all the six firms currently operating in the industry. The target population of the study was all the management staff of the three selected cement manufacturing firms. Questionnaires were used as data collection instruments. Qualitative and quantitative research analysis was used to analysis the data. Results: The study findings indicated that there was high level of competition between the cement manufacturing companies and hence the companies needed to put in place strategies to counter the competition in order to gain competitive advantage amongst the firms. The study results indicated that there were various strategic responses that were adopted by the cement manufacturing companies in order to gain competitiveness. These strategies included innovation, integration, outsourcing and diversification. Unique contribution to theory, practice and policy: The study also recommends that the management of the manufacturing firms should carry out a bench-marking activity against the best players in the market as a way of improving their logistics outsourcing practices. This would enable them to achieve undisputed performance of their supply chains URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/2990 Files in this item: 1
AN EVALUATION OF STRATEGIC RESPONSES.pdf (873.2Kb) -
Amata, Evans; Muturi, Willy; Mbewa, Martin (European Journal of Business, Economics and Accountancy, 2016)
[more][less]Abstract: This study examined the relationship between interest rate, inflation and stock market volatility in Kenya using both primary and secondary data. A monthly time series data for a period of 14 years from January 2001 to December 2014 was used to study the relationship. Additionally, 385 Questionnaires were distributed to individual investors to understand investor’s perceptions on the relationship. The vector error correction model was used to analyse time series data for the long run causal relationship between inflation, interest rate and stock market volatility, while the granger causality test was used to analyse the short run relationship. Findings revealed that there was a positive and significant long run relationship between inflation rate and stock market volatility (t-statistic= 5.96). Findings also show a positive and significant short run relationship between inflation and stock market volatility (chi-square value of 13.39 and a p-value of 0.0039). The relationship between interest rate and stock market volatility was found to be negative and weakly significant both in the short run (p-value of 0.0683) and long run (t-statistic of -1.90). Results from investor’s perception revealed that 69% of the respondents agreed that a change in inflation rate causes fluctuation in share prices. Additionally, primary data results show that 75% of the respondents agreed that sudden changes in the interest rate have always caused variations in the stock market returns URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/2977 Files in this item: 1
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Manyuru, Anthony; Wachira, Muturi; Amata, Evans (African Journal of Business Mangement, 2017)
[more][less]Abstract: This study investigates the impact of corporate diversification on the value of firms listed at the Nairobi Securities Exchange (NSE). Panel regression techniques were used as the estimation methods. The overall findings of the study where somewhat mixed. The study finds that industrial diversification reduces firm value, but geographical diversification does not have a significant impact on firm value. When examining each industry individually, the study established that industrial diversification enhanced firm value in the agricultural industry but did not significantly influence firm value in the other industries. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/2976 Files in this item: 1
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Ntwiga, Davis Bundi; Ogutu, Carolyne; Kirumbu, Michael Kiura (International Journal of Electronic Finance, April 10, 2018)
[more][less]Abstract: The M-Shwari micro-credit lending system has excluded the low income earners as they lack good financial options due to volatile and fluctuating income. This paper proposes a decision support system for credit scoring and lending of the low income earners who are customers of M-Shwari using the hidden Markov model. The model emits the credit scores of the customers, both for the peer groups and the individual customers. The learning and training of the model utilises the customers' socio-demographics, telecommunication characteristics and account activities. The peer groups have higher credit scores and are more attractive to offer credit facilities using M-Shwari when compared to the individual borrowers. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/2974 Files in this item: 1
InclusionofPeergroupsorindividuals.pdf (361.5Kb) -
Kituku, Anastasia M; Amata, Evans; Wachira, Muturi (American Journal of Economics, 2016)
[more][less]Abstract: The purpose of this study was to establish the major determinants of uptake of medical cover at Kenya’s National Health Insurance Fund by informal sector workers among UNAITAS SACCO members in Murang’a County. Methodology: The target population comprised of all members of UNAITAS SACCO in Murang’a County. The population was 68,000 members who were in existence as at December 2014 (SASRA, 2014). Stratified random sampling technique was used to select 150 members in the informal sector participating in the study. A likert scale questionnaires was used to collect quantitative data. Statistical package for social science (SPSS) was used to draw inferences from the coded data. This included descriptive and inferential statistics. Results: Results showed that the major determinants of level of uptake of medical cover at Kenya’s National Health Insurance Fund by informal sector workers among UNAITAS SACCO members in Murang’a County were namely income level, awareness of NHIF benefits, access to NHIF outlet and the amount of premiums payable. The results also revealed that there were other determinants of uptake of NHIF medical scheme. These included gender of the head of the household, the level of education, presence of children, age and marital status. Unique contribution to theory, practice and policy: The study recommended that the government should educate the people operating within the informal sector on better ways of accessing finance so as to increase their capital and as result increase their levels of income. This would result to increased uptake of the NHIF medical scheme URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/2975 Files in this item: 1
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Now showing items 121-135 of 135