Journal Articles: Recent submissions
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Wachira, Muturi (African Journal of Business Management, 2019)[more][less]
Abstract: This paper examines the relationships between corporate governance variables and the extent of risk disclosures among listed companies in Kenya. The study aims to empirically examine the relationship between corporate governance variables and risk disclosures in 48 listed non-financial companies in Kenya. Content analysis of annual reports for the period 2010-2016 was used to measure the level of risk disclosures and compute the risk disclosure index for each company studied. The relationships between variables were analysed using panel data analysis. The findings show that the percentage of non-executive directors, ownership dispersion, percentage of foreign ownership, women in boards affected significantly the level of risk disclosures in the studied companies. Additionally, the control variables, firm’s size and firm’s profitability also significantly affected the level of risk disclosures. It can be concluded that the agency theory and the signalling theory can be used to explain the risk disclosure behaviours of listed firms in Kenya. It is recommended that companies should strengthen their corporate governance mechanisms in order to deal with risks facing them. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3604 Files in this item: 1
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Mwende, Joyce; Wachira, Muturi; Amata, Evans (International Journal of Academic Research in Economics and Management Sciences, 2017)[more][less]
Abstract: Financial institutions have mainly relied on incentive programs as their main strategic driver to increase electronic payments, such as through use of credit cards. Credit cards have been globally acclaimed for their benefits that range from their ability to ensure tax-compliance, security, instant cash and their ability to facilitate settlement of cross-border transactions. However, there exists a great challenge of credit card usage, such as ease of accumulation of debts and high interest charges. The purpose of this study was to determine the effect of credit card incentives on consumer borrowing in Kenya. The study employed a descriptive study approach using a sample size of 18 commercial banks offering credit card services. Self-administered questionnaires were used to collect information. Credit card incentives were found to be a major contributor to credit card uptake. The study also found that most banks used incentives such as rewards for repeated use, low interest rates, traveling awards and benefits to influence the spending behavior of their clients. The study found credit card also affected spending behavior. It is concluded that credit card incentives can be effectively used by banks to increase use of credit cards. It is recommended that financial institutions should educated their customers on how to use their credit cards so that they do not fall into a debt trap. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3603 Files in this item: 1
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Wachira, Muturi (African Journal of Business Management, 2018)[more][less]
Abstract: The main objective of this study was to examine the relationship between risk disclosure and firm characteristics of companies quoted on the Nairobi Securities Market. The study involved all firms that were listed on the NSE between years 2010 and 2016, except the financial institutions. Annual reports were used to determine the variables. A regression analysis was conducted using the random effect model to determine the relationship between the disclosure index and firms’ characteristics. The results show that risk disclosure was positively related to gearing level, company size, profitability, and the industry type. However, it was not found to be related to the liquidity level, ownership and board composition. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3602 Files in this item: 1
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Wachira, Muturi (European Journal of Business and Management, 2017)[more][less]
Abstract: According to the United Nations Human Settlements Programme, solid waste management is one of the indicators used to assess the quality of life. Many countries have formulated a policy on solid waste management. This is because solid waste management has become very crucial in the development of countries due to the increased pollution through the solid waste. Countries perform well in the solid waste management are seen to be serious in their sustainability efforts. This article reviews public policy in relation to solid waste management. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3601 Files in this item: 1
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Wachira, Muturi (European Scientific Journal, 2017)[more][less]
Abstract: This study which was exploratory in nature aimed to examine the extent to which firms listed on the Nairobi Securities Exchange disclosure social responsibility information and also to determine company and corporate governance variables that influence the Corporate Social Disclosures (CSD) practice in Kenya. Data on the disclosure index and company characteristics were obtained from the annual reports of the respective companies. A relationship between the disclosure index and the various company characteristics was determined. It was found that size, profitability, liquidity, industry in which a company operates have a positive influence on the level of CSD. In addition, a company that a dispersed ownership disclosed more information than a company with concentrated ownership. Gearing and country of origin were found to have no influence on the level of CSD. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3600 Files in this item: 1
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Muriithi, Samuel Muiruri; Waithira, Veronicah; Wachira, Muturi (International Journal of Economics, Commerce and Management, 2016)[more][less]
Abstract: Small and medium sized businesses are the engines that drive economic development and contribute significantly to the Gross Domestic Products (GDP) of most countries. The roots of such businesses are the families that form their foundations. To succeed, family business founders must establish strong foundations, structures and succession plans. This paper examined the role of African and Indian business founders in determining the future of their businesses across generations. The study targeted 52 business founders (owners) and managers operating Mombasa City (Kenya) and used stratified random sampling method to identify the respondents. A questionnaire was used as the primary data collection instrument while a documentary analysis was performed to attain secondary data. The paper found that family businesses are predominant among all respondents. It was also found that most Indian families involve family members in business during strategic development and planning. In terms of longevity, Indians businesses lasted longer while African businesses were only a few years old and rarely succeeded across two or three generations. Some the reasons given for successful family businesses include close family ties, trust and strong relationship among members. The study concluded that family businesses remain fundamental to economic development and the role of business founders and how they prepared their businesses for succession across generations is critical. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3599 Files in this item: 1
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Maringa, Elijah; Wachira, Muturi (Research Journal of Finance and Accounting, 2016)[more][less]
Abstract: The paper discusses the concept of efficient market hypothesis at Nairobi Securities Exchange. The research was carried out to investigate the effects of dividend announcements on stock prices at NSE in semi-strong form. Secondary data was collected and analysed from Nairobi Securities Exchange. It was concluded that Nairobi Securities Exchange is not efficient in semi-strong form URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3598 Files in this item: 1
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Financial Distress in Commercial and Services Companies Listed at Nairobi Securities Exchange, KenyaKihooto, Elijah; Omagwa, Job; Wachira, Muturi; Emojong, Ronald (European Journal of Business and Management, 2016)[more][less]
Abstract: The study sought to assess financial distress amongst commercial and services companies listed at the Nairobi Securities Exchange, Kenya with an objective of determining whether the companies in this sector were prone to bankruptcy. The study utilized secondary data collected from the Nairobi Securities Exchange over a five year period (year 2009 to year 2013). Using Altman’s Z score model, the study findings indicate that the companies’ Z scores (on average) lay between -1.88 to 3.5. This is an indication that the companies are relatively not in danger of bankruptcy. In view of this findings, the study concludes tha. in addition, the study recommends that…. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3597 Files in this item: 1
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Wachira, Muturi (European Journal of Business and Management, 2018)[more][less]
Abstract: Most of the researches in accounting are based on the positivist approach. It has been noted, however, that the positivist approach cannot answer all research questions in social sciences such as accounting. This paper looks at constructionism as an approach that can be adopted for accounting and other business management researches. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3596 Files in this item: 1
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Odongo, Apline Agina; Wachira, Muturi (International Journal of Psychology, 2016)[more][less]
Abstract: Purpose: The purpose of the study was to assess the effect of motivational strategies on XYZ Company’s performance. Methodology: Descriptive research design was used in carrying out the study in which the target population under study consisted of 75 employees of XYZ Company were sampled. The study then used a stratified sampling method followed by simple random sampling. The research instrument used was a questionnaire. Data collected was analysed using SPSS 20.0 statistical software and findings presented in tabular descriptive frequencies and percentages. Results: The findings implied that motivational strategies affect performance as motivated employees are able to produce quality products, satisfy customer needs leading to increased profitability The study findings also indicated XYZ Company had adopted several motivation strategies which included job design, goal setting, career development and reward systems. Further, descriptive studies also showed that they did not have employee development schemes, modern technology, job security, mentorship and exposure to international processes. Unique contribution to theory, practice and policy: The study provides recommendation that the organization should pursue other motivational strategies which include team work, a flat structure, adoption of modern technology, pool transport, International Benchmarking sessions to expose employees to best practices in the world, work environment and employee coaching and mentorship programs as this is will improve the motivation of staff and a consequence lead to improved performance. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3595 Files in this item: 1
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Kariuki, Marjorine; Wachira, Muturi (European Journal of Business and Management, 2017)[more][less]
Abstract: The leadership behavior, traits and styles have been of topical importance in many organizations due to the ever changing nature of technologies as well as the growth of globalization which has transformed the expectations and behaviors of people within an organization. This study sought to investigate the effects of leadership styles on the performance of microfinance institutions in Nairobi County, Kenya. The objectives of this study were to identify the leadership styles adopted by managers within microfinance institutions, to examine the effects of leadership styles on the performance of microfinance institutions and to identify the relationship between leadership styles and performance of microfinance institutions. A descriptive research design was used where samples were obtained using random sampling technique. Data was collected using questionnaires. The study found that, the democratic leader was the most preferred leadership style. The style did not increase employee turnover and but it increased employee productivity. Transformational leadership also did not increase employee turnover but Laissez-faire leadership increased employee turnover. Transactional leadership affected employee productivity. A majority of the respondents believed that leadership style played a role performance of the organization. Democratic leadership stood out as the dominant style, followed by transformational leadership then autocratic leadership. The study, therefore, concluded that leadership styles have an effect on performance at microfinance institution. This study recommends that most managers in the micro-finance institutions should adopt transformational leadership in order to ensure staff retention, enhanced employee satisfaction and increased productivity.The leadership behavior, traits and styles have been of topical importance in many organizations due to the ever changing nature of technologies as well as the growth of globalization which has transformed the expectations and behaviors of people within an organization. This study sought to investigate the effects of leadership styles on the performance of microfinance institutions in Nairobi County, Kenya. The objectives of this study were to identify the leadership styles adopted by managers within microfinance institutions, to examine the effects of leadership styles on the performance of microfinance institutions and to identify the relationship between leadership styles and performance of microfinance institutions. A descriptive research design was used where samples were obtained using random sampling technique. Data was collected using questionnaires. The study found that, the democratic leader was the most preferred leadership style. The style did not increase employee turnover and but it increased employee productivity. Transformational leadership also did not increase employee turnover but Laissez-faire leadership increased employee turnover. Transactional leadership affected employee productivity. A majority of the respondents believed that leadership style played a role performance of the organization. Democratic leadership stood out as the dominant style, followed by transformational leadership then autocratic leadership. The study, therefore, concluded that leadership styles have an effect on performance at microfinance institution. This study recommends that most managers in the micro-finance institutions should adopt transformational leadership in order to ensure staff retention, enhanced employee satisfaction and increased productivity. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3594 Files in this item: 1
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Muiru, Anne Mugechi; Kyongo, Joanes Kaleli; Onchomba, Molson (International Journal of Economics, Commerce and Management, 2018)[more][less]
Abstract: The study sought to establish the effect of corporate governance on the performance of savings and credit co-operative societies (SACCOs) in selected private universities in Nairobi County, Kenya, and the corresponding hypothesis was formulated and tested. The study targeted 120 employees of SACCOs in the sixteen selected private Universities in Kenya and 110 of them responded. The study adopted a descriptive research design and purposive sampling design. SPSS Version 21 was used to analyze data using multiple regression analysis. Research findings from the test of hypothesis established that corporate governance positively and significantly affected the performance of SACCOs in private Universities in Kenya. The study findings support Agency theory and stakeholder theory which explain the role corporate governance plays in organizational performance. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3592 Files in this item: 1
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Ndugo, Teresia; Kyongo, Joanes Kaleli; Njoroge, Mercy Kanini Njagi (International Journal of Economics, Commerce and Management, 2018)[more][less]
Abstract: The objective of the study was to determine the effect of competitive strategies on the performance of private primary schools and the corresponding hypothesis was formulated and tested. The study targeted 100 employees of 50 selected private primary schools in Kiambu County, Kenya and all of them responded. The study adopted a descriptive research design and purposive sampling. SPSS Version 21 was used to analyze data using simple linear regression analysis. Research findings from the test of hypothesis established that competitive strategies have positive and significant effects on the performance of private primary schools. The study confirms Competition Theory, Stakeholder Theory and Porter’s Generic Model which show a close link between the two variables. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3591 Files in this item: 1
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Ngima, Wanjau Mary; Kyongo, Joanes Kaleli (International Journal of Humanities and Social Science, 2013)[more][less]
Abstract: The relationship between motivation and performance is a universal concern and is often talked about but many organizations do not make concrete efforts to study it in detail. These organizations blindly apply the popular motivational theories without findings and instigators which would be the result of an intensive study on motivation. In today’s hyper-competitive marketplace, understanding what fosters and forwards employee motivation and thus organizational performance is critical. Motivation is about stimulating people to action and to achieve a desired task. For organizations of all sorts to be efficient and successful, enough of every person’s drives must be stimulated and satisfied to ensure effective performance. There is more emphasizes on excellent management as a major contributor to personal effectiveness, group efficiency and business success. The concept of motivational management was there in practice since the age of slavery; however, its motivation was as a result of fear, suffering and intimidation. Today, managers have at their disposal managing instruments by which they can stimulate latent efforts and performance of their teams. The research set out to investigate the contribution of motivational management to employee performance in the Vehicle Body Building industry. Dodi Autotech (K) Limited and Two M Autotech (K) Limited were identified for the study. The researcher first reviewed the relevant literature on motivation, the role of management in motivation and in particular motivational management as a factor of motivation. Questionnaires were used to collect information from the organization’s employees. The researcher interviewed the senior managers and also spent a day in the organizations’ premises observing the workers as they worked and interacted with one another. This was to gather information on behaviour and attitudes at work and towards work in the organizations. The data collected was entered and analyzed on the SPSS software, after which it was presented and interpreted using a combination of tables, bar charts and continuous prose. The Chi-square test of association was used in testing the hypothesis of the study. The result showed that employees in the two organizations of study were to a very large extent influenced to perform by a combination of intrinsic and extrinsic motivational factors applied through management initiatives. The research found the following motivational variables to have significantly influenced employee retention in both organizations; challenging/interesting work; awareness of the relationship between work, organization goals and priorities; performance progress review; performance discussions and rewards for good performance. Motivational management can influence the workplace behaviour and attitudes both positively and negatively. The researcher intends to create awareness on the importance of designing and maintaining an environment that is stress free and an environment that is conducive for optimum employee performance The research was then concluded by indicating areas of improvement and recommending management methods that enhance the employee motivation that leads to increased employee performance. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3590 Files in this item: 1
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Factors Influencing Employee Motivation In Catholic Church Owned Institutions In Nairobi City CountySwala, Mathew Njuguna; Kyongo, Joanes Kaleli (Researchjournali’s Journal of Human Resource, 2015)[more][less]
Abstract: Motivation is a critical tool in Human Resource Management as it is about stimulating people to action in order to achieve a desired task. For an organization to be efficient, effective and successful, all stakeholders‟ drives must be stimulated and satisfied to ensure effective work performance. Creating efficient motivation system is the answer to what really attracts and retains potential employees in organizations. There are a number of studies involving factors influencing employee motivation but there is none that zeros in on Catholic Church owned institutions this is the gap that the study sought to fill. The purpose of the study was to establish the factors influencing employee motivation in Catholic Church owned institutions with a focus on remuneration, training, work environment and communication, by using employee satisfaction as the measure of the motivation levels of employees. The researcher reviewed the relevant literature on employee motivation guided by motivation theories. The researcher used questionnaires to collect data from the organizations‟ employees. A correlational research design was employed in the study examining the relationship between independent variables, intervening variable and the dependent variable. The study established statistically significant relationships between employee motivation and work environment, as well as between motivation and existing communication methods. Specifically availability of tools, space and equipment when taken as a measure of work environment, was found to influence satisfaction, and by extension motivation negatively. The study also found that when employees are well informed on issues in their department and the entire organization, it has a positive influence on their satisfaction and hence motivation. It is clear from the findings across all the four independent variables used that there is still need to involve employees and their employers in discussions on decision making for the respective departments and the organization as a whole. It is therefore recommended that Catholic Church owned institutions in Nairobi City County look for options to ensure this is applied in running their institutions for better employee motivation. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3589 Files in this item: 1
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Otila, Pauline Kamwara; Kyongo, Joanes Kaleli (International Journal of Economics, Commerce and Management, 2017)[more][less]
Abstract: The objective of the study was to establish the effect of transformational leadership on the performance of audit firms and a corresponding hypothesis was formulated and tested. The study targeted all the 45 employees of MK Certified Public Accountants audit firm in Kenya and all of them responded. The chosen firm represents all the other audit firms in Kenya hence the findings will be generalized. The study adopted a descriptive research design. SPSS Version 21 was used to analyze data using descriptive and inferential statistics. Research findings from the test of hypothesis established that transformational leadership affects performance of audit firms. The study findings support Transformational leadership theory which links transformational leadership to organizational performance. Further study can be carried out in other audit firms or otherwise in Kenya and other countries. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3588 Files in this item: 1
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Omare, John Onditi; Kyongo, Joanes Kaleli (International Journal of Economics, Commerce and Management, 2017)[more][less]
Abstract: The objective of the study was to establish the effect of entrepreneurial skills on competitive advantage among small and medium enterprises in Kawangware Division, Nairobi County in Kenya and the corresponding hypothesis was formulated and tested. A descriptive survey design was adopted for the study. Convenience sampling was used. The study targeted 102 proprietors of SMEs and 75 of them responded. SPSS Version 21 was used to analyze data using simple regression analysis. Research findings from the test of the hypothesis established that entrepreneurial skills lead to creation of competitive advantage among small and medium size enterprises. The study findings support the Resource Based View which explains how specific entrepreneurial skills, which are intangible resources combine with other tangible resources to enable SMEs to be competitive in the market. The research recommends further investigation of the study variables SMEs in other parts of Kenya. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3587 Files in this item: 1
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Mulinge, Patrick; Kyongo, Joanes Kaleli (International Journal of Economics, Commerce and Management, 2017)[more][less]
Abstract: The study sought to establish the effect of strategic innovation on the performance of commercial banks in Kenya and the corresponding hypothesis was formulated and tested. The study targeted 150 employees of the Commercial Bank of Africa located at the head office in Nairobi, Kenya and 131 of them responded. The study adopted a descriptive research design. SPSS Version 21 was used to analyze data using simple linear regression analysis. Research findings from the test of hypothesis established that strategic innovation positively and significantly affected the performance of Commercial Bank of Africa. The study findings support the Blue Ocean Theory and Resource Based View Theory which explain the role of innovation and internal resources in organizational performance. The study contributes to knowledge by establishing that strategic innovation has a positive and significant effect on the performance of commercial banks. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3586 Files in this item: 1
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Mathu, Hellen; Kyongo, Joanes Kaleli (The International Journal Of Humanities & Social Studies, 2017)[more][less]
Abstract: The objective of the study was to establish the effect of strategic innovation on competitive advantage and the corresponding hypothesis was formulated and tested. The study targeted 77 employees from Dimension Data, East Africa and 63 of them responded. The study adopted a descriptive research design and data was collected through structured questionnaires and analyzed using descriptive and inferential statistics by the help of SPSS Version 21. Research findings from the test of hypothesis established that strategic innovation had positive effect on competitive advantage in Dimension Data East Africa ICT Company in Nairobi County, Kenya. The study findings supported the Resource-Based View (RBV) Theory and Christensen’s Disruptive Theory of Innovation which explain the strategic innovation – competitive advantage link. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3585 Files in this item: 1
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Kyongo, Joanes Kaleli (International Journal of Recent Advances in Multidisciplinary Research, 2016)[more][less]
Abstract: The objective of the study was to determine the effect of technical competence on the performance of firms listed on the Nairobi Securities Exchange and the corresponding hypothesis was formulated and tested. The study targeted Human resource managers of each of the 64 firms listed on the Nairobi Securities Exchange as at December, 2014, and 34 of them responded. The study adopted the positivist research philosophy and a descriptive survey design. SPSS Version 21 was used to analyze data using regression analysis. Research findings from the test of the hypothesis established that technical competence has positive and significant effect on firm performance. The study finding supports the Resource-Based View and Knowledge Space Theory which underscore the crucial role of technical competence in firm performance. The study recommends further investigation of the study variables in non-governmental organizations, academic institutions and churches. URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/3584 Files in this item: 1