School of Business and Economics: Recent submissions
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Mwiathi, Peter Silas; Wawire, Nelson H.W.; Onono, Perez Ayieko (International Journal for Innovation Education and Research, 2018)[more][less]
Abstract: The Kenya government has instituted fiscal decentralization over the years to promote social economic development, reduce poverty and income inequality and ensure balanced regional development. Despite these efforts, poverty levels have remained high in Kenya. The literature on the relationship between fiscal decentralization and poverty has been rather inconclusive about the effects of fiscal decentralization on poverty. The main objective of this paper was to analyse the effects of fiscal decentralization on poverty in Kenya. Using cross-county panel data from 2002 – 2014 and published data from government agencies, UNDP reports and World Bank reports, the paper estimated various empirical models to analyse the effects intergovernmental transfers, sub-national own-source revenue and county expenditure on poverty in Kenya. The study established that the effect of fiscal decentralization on poverty depends on the nature of decentralization and the extent of fiscal decentralization as well as the county specifics. The paper therefore, recommends the need for for county governments to have adequate own-source revenue to finance their expenditure as opposed to relying on intergovernmental transfers from national government. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3635 Files in this item: 1
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Boiwo, Silas Tuitoek; Onono, Perez Ayieko; Makori, Steve (Kenya Researchjournali’s Journal of Economics, 2015)[more][less]
Abstract: During the 1990’s the world experienced a new wave of regional integration agreements (RIAs) that reached unprecedented proportions. The increasing importance of regional integration agreements and in particular their extraordinary expansions during the 1990’s are among the most salient developments of the international trading system and its believed to be a vehicle for the promotion of trade and economic growth. The main driver for increasing number of Regional Integrations Agreements on the African sub-continent is the need to increase regional co-operation by creating a unified economic bloc and building blocs for stronger integration between member countries that will eventually lead to the creation of an African Economic Community. The East Africa Community was resurrected in 1999 which was transformed to a custom union in the year 2005. One of the objectives of the custom union was aimed at improving trade between the member states. The objectives of this study were to determine the trade effect of the EAC custom union and to analyze the effect of intra-EAC trade on economic growth in Kenya. Time series data for the years 2000 to 2013 was used for analysis. The coefficient of the EAC dummy used to measure the effect of custom union was found to be statistically significant and positive. This finding shows that after the formation of the custom union, the volume of trade in Kenya has increased proportionately by 0.9083 percent. For the effect of the custom union on Kenya intra-EAC trade, the EAC dummy coefficient was also found to be positive and statistically significant. This means that after the formation of the custom union, the GDP of Kenya has proportionately increased by 0.6214 percent. The study revealed that the formation of the EAC Custom Union has had positive effect on trade and economic growth in Kenya. The findings also show that after the formation of the custom union, increase in the volume of trade for Kenya has been realized. Therefore the formation of the EAC customs union is an important step in the process of deepening regional integration among the member states. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3634 Files in this item: 1
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Onono, Perez Ayieko (International Journal of Cooperation & Development, 2016)[more][less]
Abstract: The sixteenth goal of the United Nations’ seventeen sustainable development goals (SDGs) seeks to promote peaceful and inclusive societies for sustainable development. Therefore including the reduction of all forms of violence and violence-related deaths, the reduction of illicit arms and capital flow, the recovery and return of stolen property, and the fight against all forms of organized crime among others. Understanding the effects of conflicts clarifies the linkage and interdependence of the peace agenda and the realization of the majority of the SDGs. Kenya, which is a party to the resolutions of the General Assembly of the United Nations, has in its history experienced episodes of inter-community conflicts arising from competition for control of scarce natural resources among pastoral communities, election related violence, and clashes arising from land boundary disputes. On the basis of the experiences of ethnic conflicts during election periods and literature review, this paper discusses the economic effects of inter-community conflicts in Kenya and points out how such effects make peace building and conflict resolution critical to the achievement of other SDGs. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3633 Files in this item: 1
Economic Effects of Inter-community.pdf (445.9Kb) -
Kithae, Peter Paul; Keino, Dinah Chebet (Archives of Business Research, 2016)[more][less]
Abstract: This*paper* focused*on* the*relationship*between*human*capacity*building*and* performance*of*micro*and*small*enterprises*(mses)*in*kisumu*city.*Despite*the* central* role* of* mses* in* employment,* industrial* transformation* and* poverty* reduction,* the* competitiveness* and* growth* prospects* of* Mses* Fall* below* the* levels* required* to* meet* challenges* of* increasing* and* changing* basis* for* competition.* Effective*management* of*a*company’s*human*resources* is*key*to* business*survival*in*today’s*world.*Human*capacity*building*can*be*particularly* important* for*small* firms.*The* need* for*human* capacity* building* for*SMEs* in* Kenya*is*of*great*significance*if*we*are*to*increase*the*performance*and*growth* of*SMEs*and*at*the*same*time*reduce*inefficiency,*low*productivity*and*the*rate* of*failures*of*small*firm.*A*descriptive*research*design*was*used*to*carry*out*the* study.* A* sample* of* 320* mses* was* selected* for* study* using* quota* and* convenience* sampling* technique.* Convenience* sampling* technique* is* used* to* simplify* data* collection* procedures* and* to* avoid* the* complications* of* simple* random* method* since* the* researcher* just* picks* on* those* who* happen* to* be* available*and*are*willing,*until*the*desired*size*is*attained.*Both*qualitative*and* quantitative*research*designs*which*were*descriptive* in*nature*were*used;*as* Gall*and*Borg*noted,*“Descriptive* studies*by*nature*emphasis* interpretation.”* The* target*population* of*320*mses*was*drawn* from* the*7012*businesses* that* are* licensed* by* the* Municipal* Council* of* Kisumu.* The* study* revealed* that* appropriate* business* training* was* considered* a* very* important* contributing* factor* to* growth* and* Lack* of* business* management* training* facilities* was* perceived*as*a*major*barrier*to*growth.*One*of*the*reasons*for*this*could*be*the* fact* that*majority* of* respondents* had* not* been* formally* trained* in* the* skills* needed*to*operate*an*enterprise*professionally.The*study*recommended*that*if* training*is*to*be*offered*to*MSEs,*it*should*encourage*as*little*time*away*from* the*workplace*as*possible*and*that*it*should*be*very*flexible*and*inexpensive.* URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3632 Files in this item: 1
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Keino, Dinah Chebet; Kithae, Peter Paul (Archives of Business Research, 2016)[more][less]
Abstract: Work life balance practices have positive impact on employee performance in an organisation in as much as work life imbalance has also been proved to have side effects of well being of employees. This study looked at the effect of work life balance on staff performance in the telecommunication sector in Kenya. It used role theory and spill over theory to support the research. Descriptive research design was adopted in order to provide a framework to examine current conditions, trends and status of events regarding work life balance. The target population of the study was 390 senior staff working at Safaricom, Airtel, Telkom Kenya’s Orange and Essar Kenya’s Yu Headquarters in Nairobi. The study focused on the three levels of management who are directly dealing with the day to day management of the companies. Stratified random sampling technique was used since population of interest is not homogeneous and could be subdivided into groups or strata to obtain a representative sample. Structured* questionnaires* were used as method of data collection. Data analysis was done using both qualitative and quantitative methods. From the findings, it was evident that work life balance factors such as long working hours, overtime, lack of vacation, family responsibilities and family work conflict all negatively affects staff performance at work. The study recommended among others that companies* in the telecommunication sector in Kenya need to review overtime working policy; introduce rotational work; adopt use of delegation and support employees through counseling and resources* to*meet* family* expectations and responsibilities. Finally, this study suggests that future studies explore other work life balance factors that could affect staff performance. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3631 Files in this item: 1
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Keino, Dinah Chebet; Gachunga, Hazel; Ogollah, Kennedy (Human Resource and Leadership Journal, 2017)[more][less]
Abstract: Purpose: The purpose of the study was to establish the effect of reward on employer branding in the mobile telecommunication sector in Kenya. Methodology: The study used descriptive design. The data collection instrument used was questionnaire. Census study method was used. The target population was only the top, middle and lower level managers in the mobile telecommunication sector totaling to three hundred and ninety (390). A pre-test and pilot survey was conducted. Data analysis involved statistical computations for averages, percentages, and correlation and regression analysis. Statistical computer software (SPSS) was used in data analysis. Analyzed data was presented using tables, charts and graphs. Results: Results revealed that in most of the mobile telecommunication companies in Kenya employees were stimulated by Salary, benefit and allowances to apply for the job. The results of the study also showed that Bonus, pension pay and promotions have great impact on the success of the organization and may influence retention in the mobile telecommunication companies in Kenya. The results further showed that exists a benefit scheme policy in the mobile telecommunication sector in Kenya, this implies that majority of the telecommunication companies have enrolled their employees to the benefit scheme. Unique Contribution to Theory, Practice and Policy: The study recommended Mobile telecommunication sector in Kenya to introduce annual salary reviews, housing and commuter allowances to motivate their employees and boost the employee branding URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3630 Files in this item: 1
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Shikami, Akweyu Kennedy; Keino, Dinah Chebet (European Journal of Business and Strategic Management, 2017)[more][less]
Abstract: Purpose:The purpose of this study was to investigate the effects of delegation of authority on organizational performance: a case of Twiga chemical industries ltd. Methodology:The study adopted adescriptive research design and correlation research design.The target population in this study was200 permanent employees of Twiga chemical industries ltd in Nairobi. Stratified sampling technique was used in this study to come with a desirable sample. Primary data was collected by use of questionnaires and utilized in this study to enhance originality of the study. The questionnaires were administered to the randomly selected employees who were the respondents. The questionnaire comprised of the questions that intended to answer the questions formulated with reference to the objectives of the study.The study used the quantitative method of data analysis. The collected data was edited, coded, keyed in and analysed using Statistical Package for Social Sciences (SPSS) version 20. The quantitative data wasanalysed using both descriptive statistics and correlations. Regression model was then used to show the relationship between independent variables and dependent variable. Results: Regression of coefficients results showed that legislative delegation and organisation performance are positively and significant related at both 1% and 5% confidence level (B=0.284, p=0.032). The results further indicated that adjudicative delegation and organisation performance are positively and significant related at 1% and 5% confidence level (B=0.319, p=0.011). The results further established that monitoring and enforcement delegation were positively and significantly related at 1% and 5% confidence level (B=0.334, p=.013). Similarly, results showed that agenda setting delegation and organisation performance were positively and insignificantly related at 5% confidence level (B=0.094, p=0.455). Unique contribution to theory, practice and policy: Based on the findings the study recommended that organisations and firms should consider delegation of authority as one way of enhancing organisation performance. The study further recommended that those in authority should be very careful when delegating authority not to go overboard. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3629 Files in this item: 1
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Obama, Moureen Atieno; Keino, Dinah Chebet; Kyongo, Joanes Kaleli; Muriithi, Samuel Muiruri; Amata, Evans (Journal of Human Resource and Leadership, 2020)[more][less]
Abstract: The purpose study was to determine the effect of Electronic Human Resource Management (EHRM) practices on organizational performance at University of Maryland Programs (UMB), Kenya. The objectives of the study were to identify the existing Electronic Human Resource Management practices in University of Maryland Programs; to examine the level of performance in UMB; to establish how EHRM practices contribute to organizational performance in UMB. This study adopted a descriptive research design. The researcher used a stratified sampling technique. The sample size of the study was 107. Primary data was collected by use of questionnaires. The validity and reliability of the instrument were measured by the Cronbach Alpha test. The collected data was analyzed using the Statistical Package for the Social Sciences (SPPS) twenty third edition. The study found that 88.7%, of the respondents were aware that e-recruitment was used at UMB to a large extent as indicated while 83.5%, of the respondents were aware that e- e-compensation was utilized at UMB to a large extent and finally 84.1% of the respondents were aware that e-recruitment was used at UMB to a large extent Secondly, the indicators of organizational performance at UMB were found by the study to include workforce’ agility, organizations productivity, organizational effectiveness and organizational flexibility as agreed by 75.3%, 61.9%, 69.0% and 67.0% of the respondents. Finally, 76.8%, 76.05%, 76.3% and 74.6% of respondents agreed that e-recruitment, e-training, e-compensation and e-performance wereimplemented had effect on organizational flexibility, organizational effectiveness, workforce agility and organizational productivity at UMB. The study recommended that UMB to focus on E-performance management since it has a significant relationship with organizational effectiveness. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3628 Files in this item: 1
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Taye, Getnet Tilahun; Keino, Dinah Chebet; Ngala, Michael Orucho (African Journal of Emerging Issues (AJOEI), 2020)[more][less]
Abstract: Purpose of the study: The objective of the study was to examine the mediating effect of employee remuneration on the relationship between leadership practices and turnover intention of technical staff in the Kenyan schedule operating passenger airlines. Statement of problem: The global airline industry is facing various challenges. One of the major challenges is related to the turnover of highly skilled technical staff. The turnover intention of staff is viewed as a direct predictor of actual intention. The turnover intention of employees is heavily affected by leadership practices and remuneration policies. Research Methodology: The data for the study was collected from all the 12 Kenyan schedule operating passenger airlines. The research design used by the study was descriptive cross-sectional survey design. A total of 335 sample respondents were selected using proportionate stratified sampling technique from the population of 2058 technical staff. Research Findings: The results from the data analysis indicated that there is no significant mediating effect of employee remuneration on the relationship between leadership practices and turnover intention as there is no significant influence of employee remuneration on turnover intention when controlling for leadership practices (β =0.02 & p-Value=0.224>0.05). Conclusions: The study concluded that there is no significant mediating effect of employee remuneration on the relationship between leadership practices and turnover intention of technical staff in Kenyan schedule operating passenger airlines Recommendations: The study recommended practitioners to deviate from the traditional assumption of considering remuneration as a sole influencer of staff turnover intention and consider leadership practices in the staff retention strategy of an organization URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3627 Files in this item: 1
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Taye, Getnet Tilahun; Keino, Dinah Chebet; Ngala, Michael Orucho (Journal of Human Resource & Leadership, 2020)[more][less]
Abstract: The airline industry is facing various challenges. Among these challenges include turnover of highly skilled technical staff, which is emerging to be an issue to the airlines and will continue as a result of high industry growth forecast. The turnover intention of staff is viewed as a direct predictor of actual intention. The turnover intention of employees is heavily affected by leadership practices and industry labor demand factors play a significant role. The objective of the study was to determine the moderating effect of labor demand on the relationship between leadership practices and turnover intention of technical staff in the Kenyan schedule operating passenger airlines. The data was collected from all the 12 Kenyan schedule operating passenger airlines. The target population was 2058 technical staff. The research design used was descriptive cross-sectional survey design. A total of 335 sample respondents were used in the study. The researcher selected the sample using proportionate stratified sampling technique. To determine the sample size, the researcher used Yamane‟s formula. Open and close-ended questionnaires were used to collect data. Descriptive and inferential statistics were used for data analysis and presentation. The findings from the research indicated that labor demand has a significant moderating role on the relationship between leadership practices and turnover intention of technical staff. The study recommended practitioners to be cognizant of the high labor demand for technical staff which can significantly affect the relationship between leadership practice and turnover intention. Practitioners should also tailor their staff retention strategy based on the labor demand for each job category. Policy makers should also ensure effective policies are in place to ensure the labor demand does not significantly influence turnover. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3626 Files in this item: 1
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Keino, Dinah Chebet; Gachunga, Hazel; Ogollah, Kennedy (The Strategic Journal of Business & Change Management, 2016)[more][less]
Abstract: Organizations both depend on a high degree of employee commitment to their corporate brand and expect a high degree of employee commitment as a result of their corporate brand. The effect of recruitment on employer branding is one of the latest trends and strategies adopted by many organisations so as to remain competive. This study sought to establish the effect of recruitment employed by the licensed mobile firms in the telecommunication sector in Kenya with the aimed of promoting employer branding. The study established the relationship that exists between recruitment and employer branding on selection, hiring process, sourcing and screening in the mobile telecommunication sector. The study used a descriptive design. Data was collected using a structured self-administered questionnaire. The questionnaire was administered to all the four firms identified and the target population was all the top, middle and lower level managers totaling to three hundred and ninety (390). To ascertain the validity and reliability of questionnaire, a pre-test and pilot survey was conducted. Data analysis involved statistical computations for averages, percentages, coefficient of correlation and multiple logistic regression analysis. Statistical computer software (SPSS and Ms Excel) were used in data analysis. The study found that recruitment factors such as selection, hiring process, sourcing and screening have positive and significant effect on employer branding. The study recommended adoption of a written procedure on employee recruitment by all mobile telecommunication companies. Recruitment process should also be transparent in the organization. This will boost the employer branding URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3625 Files in this item: 1
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Keino, Dinah Chebet; Gachunga, Hazel; Ogollah, Kennedy (Human Resource and Leadership Journal, 2017)[more][less]
Abstract: Purpose: The purpose of the study was to establish the effect of organizational culture on employer branding in the mobile telecommunication sector in Kenya. Methodology: The study used descriptive design. The data collection instrument used was questionnaire. Census study method was used. The target population was only the top, middle and lower level managers in the mobile telecommunication sector totaling to three hundred and ninety (390). A pre-test and pilot survey was conducted. Data analysis involved statistical computations for averages, percentages, and correlation and regression analysis. Statistical computer software (SPSS) was used in data analysis. Analyzed data was presented using tables, charts and graphs. Results: Results revealed that in most telecommunication companies in Kenya employee’s work as a team, rather than hierarchy. The results also revealed that in most Mobile telecommunication companies in Kenya people are viewed as an important source of competitive advantage. The results also revealed that most telecommunication companies in Kenya have consistent core values. The results also showed that majority agreed with the statement that Work is organized so that each person can see the relationship between his or her job and the goals of the organization Unique Contribution to Theory, Practice and Policy: The Mobile telecommunication sector in Kenya should have clear well communicated long term vision as well as formal and structured induction, orientation and familiarization process. The study also recommends that the mobile telecommunication companies in Kenya should enhance strategy fit culture, involve the employees in decision making and in addition, strive to maintain good working environment, flexible work schedule, and refreshing atmosphere which will boost employee’s morale and encourage team work. Finally, the findings should also be used in comparison with the performance of other companies like the manufacturing and academic institutions in kenya in relation to Human resource practices, organizational culture and employer branding. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3624 Files in this item: 1
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Soon, Lee Jang; Jong, Sun Eun; Muthoka, Dorothy Mutanu (Korean Accounting Review, 2016)[more][less]
Abstract: This study focuses on the application of International Financial Reporting Standards (IFRS) on financial reporting of two countries (South Korea and Kenya). We investigate whether there are unintended consequences of applying mandatory accounting standards across countries. We adopted a cross-sectional research design using hand collected data for examining the Regulation’s accounting objectives of transparency and comparability. The Korean Accounting Standards Board (KASB), the Institute of Certified Public Accountants in Kenya (ICPAK) and the International Accounting Standard Board (IASB) Regulators were chosen for the study. The results show that there are unintended consequences especially with the way the IASB Regulator that has given discretion to national Regulators in the application of the IFRS Standards. Further, due to lack of vigorous IASB Regulator’s enforcement the application of mandatory accounting standards has brought about ‘small differences’ that can impair reported performances hence impeding the need of comparability and transparency. We give a specific recommendation that the Regulators need to debate further on the better ways of applying IFRS Standards. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3623 Files in this item: 1
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Muthoka, Dorothy Mutanu; Soon, Lee Jang (Accounting Journal, 2020)[more][less]
Abstract: International Financial Reporting Standards (IFRS) are inherent characteristics of principles based framework that is voluntarily adopted by a country for communication purpose. This means the standards leave more details of implementation to individual judgements. The International Accounting Standards Board (IASB) hopes the world of accounting to be mono-lingual in the future. Today, more than 130 economies have made IFRS their official language in financial reporting. On one hand, the objective of having a one size fit all financial statement being guided by this same adopted IFRS Standards has not been achieved. On the other hand, some persistent challenges are still facing the accounting bodies in connection with full IFRS adoption. The accountants, regulators and various users of financial information must be willing to understand the challenges that exist from across countries to help achieve same objectives. Consequently, this paper seeks to answer two major questions relating to this. Firstly, does cultural-political influence have any impact on the adoption of IFRS? Secondly, if it does, are there some specific cultural-political aspects that could have an effect on the IFRS adoption? Survey method by hand collected data was used as the research design with a case study of two selected countries – South Korea and Kenya. Using one way ANOVA method, the hypothesis was rejected and using the Chi square test, three factual differences arose from the study: (1) the level of enforcement; (2) the language of IFRS; (3) the question of adoption and convergence. The conclusion of the study was that there are differences in IFRS adoption mechanism that has been attributed to cultural-political influences. This study finding shall contribute to financial reporting knowledge that will help to explain some reasons of powerful macroeconomic and cultural-political forces that continue to provide impetus to globalization and use of IFRS. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3622 Files in this item: 1
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Kitilit, Juddie Cheyech; Bowen, Michael; Amata, Evans (Journal of Developing Country Studies, 2016)[more][less]
Abstract: Purpose:The purpose of this study was to establish the effect of agency banking model on financial access in Kenya, especially for the lower income spectrum of the society. Methodology:A mixed method descriptive research design was used, which involved the use of both qualitative and quantitative research methods. The study used purposive and stratified random sampling method. Statistical package for social science programmewas also used to analyze the data. The researcher used frequency distribution, histograms and percentage to present the data. Results:Study findings revealed that agency banking plays a major role in the convergence of various banking and non-banking players to provide financial services to all end consumers of financial services. In addition, it increases the number of access points that provide financial services. Further the study indicates that the level of utilization of agency banking was high. Unique contribution to theory, practice and policy: It is highly recommended that the regulator of banks to encourage more banks to come up with agency banking as this would increase financial access. The banks also need to be more supportive to agency units through minimizing system down times as this would increase the utilization of agency banking services URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3620 Files in this item: 1
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Amata, Evans; Muturi, Willy; Mbewa, Martin (International Journal of Economics, Commerce and Management, 2016)[more][less]
Abstract: This study sought to examine the relationship between interest rate, inflation, gross domestic product (GDP), foreign exchange, investor herding behaviour and stock market volatility. Published time series data from January 2001 to December 2014 was obtained from the Central Bank of Kenya, Kenya National Bureau of Statistics, Capital Market Authority and the Nairobi Securities Exchange. Granger causality test was used to determine the short run causality while the Vector Error Correction Model (VECM) was used to test the long run causality between predictor variables and stock market volatility. Result from the regression model show a positive and significant relationship between inflation and stock market volatility both in the short run and long run. The study finds that an increase in inflation by 1% leads to an increase in stock market volatility by approximately 24%. Results also revealed that there is a negative and significant relationship between interest rate and stock market volatility both in the short run and long run. GDP, Foreign exchange and herding behaviour had no significant relationship with stock market volatility in Kenya URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3619 Files in this item: 1
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Muriithi, Samuel Muiruri (European Journal of Research and Reflection in Management Sciences, 2020)[more][less]
Abstract: The doctor’s ability to diagnose the correct illness can determine life or death of a patient. Failure to do the right assessment only worsen the situation and reduce patient’s chances of survival while application of the right diagnostic test gives hope and life. However, to get the correct results, the doctor not only needs the right knowledge, skill and experience or competencies, the proper tools must be used. Like a patient, organisations must do the right assessment and use the right tools or models to correctly identify and “treat” their “diseases”. A corporate CEO must have the right tools and competency to guarantee corporate survival and sustainability. This paper examines the importance of diagnosis as a mean to assess corporate current situation and re-position the corporate to attain strategic competitiveness. The paper proposes a new Future Business Diagnostics Model which is based on decades of world-wide research of different models and applications. The Future Business Diagnostics Model is also based on current challenges facing businesses such as digital and technology, leadership and structural, and COVID-19 pandemic challenges. The paper argues that the future businesses must be driven by six pillars, namely Innovation and Creativity, Technology, Culture, People, and right Structure and Business Process, all steered by visionary Strategic Leadership. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3616 Files in this item: 1
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Nderitu, Joyce W.; Minja, David; Muriithi, Samuel Muiruri (International Journal of Management Sciences, 2014)[more][less]
Abstract: With the upcoming private universities in Kenya confirms that there is fierce competition on funds, students, and right delivery of the higher education (Barnes in Kearney, 1994). The stiff competition is especially for students, and this competition can be won only on quality grounds (Abagi, Nzomo, &Otieno, 2005). The study was to identify the challenges facing Pan Africa Christian (PAC) University in gaining sustainable competitive advantage. It was also to establish sustainable strategies that the university was using to counter the challenges it is facing. The participants included university staff, faculty and students’ leaders. Based on the findings, it was concluded that challenges facing PAC University existed and they were expressed differently by various participants. Lack of funds was expressed as a major challenge at the University. Several recommendations were made to market and support the university with finances; University also needed to come up with ways of earning money by establishing more funding bases. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3615 Files in this item: 1
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Muriithi, Samuel Muiruri (European Journal of Research and Reflection in Management Sciences, 2021)[more][less]
Abstract: The negative effect of Covid-19 to the world economy is estimated to be $12 trillion by 2021. During the same period, over 400 million full-time jobs were lost globally by the second quarter of 2020. In Africa, the pandemic led to a negative growth of -5.1% by 2020 thereby plunging the continent into the worst recession in 25 years. For small and medium enterprises (SMEs) which employs between 70% and 90% of the population the effect of the COVID-19 Pandemic has been even more severe with 87% of business owners uncertain the future of their businesses. The biggest challenges to business survival were associated inadequate financing support, uncertainty, lack of government support and numerous measures meant to curb COVID-19 such as lock-downs. In Africa and elsewhere in the world, business survival, growth and sustainability is dependent on a paradigm shift and adoption of innovative business models and strategies. Such strategies include proactive planning, financial boosts, non-financial support and government incentives. For post-COVID-19 period specifically, a new thinking is essential. Such thinking including development of new business models, reshaping and redefining customer bases, an eye on business opportunities and establishment of reliable source of funding URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3614 Files in this item: 1
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Muriithi, Samuel Muiruri (European Journal of Research and Reflection in Management Sciences, 2017)[more][less]
Abstract: Small and medium enterprises (SEMs) are notably the engines that drive economic development. The businesses account for almost 90% of businesses in both leading and developing economies through job creations, employment, tax provision and contribution to Gross Domestic Product (GDP). However, in Africa, besides their critical and positive role, many SMEs face numerous challenges ranging from power shortage, lack of capital, poor management skills and competencies, and inadequate information and corruption. It is notable that most African governments give very little support to SMEs thereby neglecting a vital economic trigger and should form pillars of development. This paper explored the role played by SMEs, their contributions, challenges and solutions. The paper is based on empirical evidence and current research on SMEs worldwide with a major focus on African SMEs and how to improve their operations and profitability. The paper calls for African governments to develop policies favourable to SMEs development and put them in their development agenda. With appropriate legal framework, business infrastructure, continual power supply and accessible financial supply, SMEs stand to contribute to African development and position the continent as a competitive and innovative and create jobs to unemployed communities thereby providing income and essential goods and services the 1.2 billion Africans, forming a huge market URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3613 Files in this item: 1