SU+ Digital Repository

SU+ is an online repository for the preservation and promotion of assorted digital content at Strathmore University

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[ISSN 2519-5883]
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Now showing 1 - 5 of 7

Recent Submissions

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The Effect of implementation of IFRS 9 on the financial performance of listed commercial banks in Kenya
(Strathmore University, 2020) Karanu, G. M.
The study seeks to explain the IFRS 9 standard and its effect on the financial performance of the listed commercial banks in Kenya. The financial performance, in this case, will be based on profitability and liquidity. The standard introduces a new Expected Credit Loss Model (ECL) that with supervisory guidelines that were implemented on the mandatory date of 151 January 2018. The model includes earlier and bigger impairment losses which minimize the losses incurred and more effective market discipline. However, the model creates additional space for managerial discretion through the volatility of the regulatory capital. This gives the executives a chance to behave in an opportunistic behaviour which can compromise the integrity of the financial disclosures (NovotnyFarkas,2016). This study used a sample size of 11 respondents. These compromised of the 11 listed commercial banks in Kenya. This study applied the correlational and descriptive analysis of the quantitative and qualitative data retrieved. The response rate totalled to 81% which is considered sufficient for data analysis. The data of the study were collected through questionnaires for the primary data and financial disclosures of the commercial banks. The data was analysed through Excel, Ann ova. The findings of the study revealed that the standard does has a little effect on the liquidity due to the recognition and recognition of the assets as well as profitability as the standard strives to minimize losses made. However, the effect is not substantial it can be seen.
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Effects of mergers and acquisitions on financial performance of banks in Kenya
(Strathmore University, 2020) Atieno, R. M.
Banks in modern-day financial business have evolved which creates the need of such banks to re-evaluate its assets and strategies in order to be sustainable and improve on the everchanging environment. This has brought about banks combine assets in order to maintain its performance in the financial market. Research done to explain the relationship between M&As and financial performance has never been well concluded, how firms acquire another firm's assets thus increasing its value (Bouba, 2011). According to DePamphilis (2008), a merger is a situation where companies buy shares from another company. M&A is a recycling process until it becomes a daily routine for banks and other businesses to engage in. Some studies have concluded that M & A improves financial performance of post-merger firms (Mwanza, 2013). Meanwhile, Indhumathi, Selvam, and Babu (2011) argue that M&As have similar meaning since in all offers are made through bidding firms to the shareholder of target firms. A merger is the amalgamation of two existing companies to bring forth a new company where joint firms retain their identity while an Acquisition is taking control of the company by purchasing most of the company's ownership stake with no new company being formed (Cartwright & Schoenberg, 2006). Depamhilis (2008) further asserts that a company can acquire another by buying shares of stock or purchasing a company's assets.
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The Effects of Corporate Social Responsibility spending on the financial performance of listed companies in Kenya
(Strathmore University, 2020) Njenga, S. N.
The purpose of this study is to investigate the impact of Corporate Social Responsibility spending on the financial performance of listed companies in Kenya. The specific objectives are to determine the effect of corporate social responsibility spending on the profitability of listed companies, determine the impact of corporate social responsibility spending on the market share of listed companies, determine the effect of corporate social responsibility spending on the sustainability of the listed companies and determine the impact of corporate social responsibility spending on the liquidity of the listed companies. This study adopted a descriptive research design. The target population was the twenty companies listed in the Nairobi Securities Exchange 20 index. The data collection tool used was a questionnaire. 70% of the target population responded to the questionnaire. The information has been presented in terms of tables, graphs and pie charts. From the findings, the researcher as able to deduce a positive relationship between a company's Corporate Social Responsibility spending and its financial performance in terms of profitability, liquidity, market share and sustainability. The researcher recommends that the listed companies should include Corporate Social Responsibility in their strategy to reap the benefits and remain ahead of the curve while helping its community.
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The Impact of financial services offered by Microfinance Institutions on empowerment of women entrepreneurs a case study of Nairobi County
(Strathmore University, 2020) Ndiritu, S. W.
Many people in the society choose to celebrate the women in their lives and view them as important people due to their ability to juggle around many challenging situations in life and are able to jump right back even better due to their strong personalities, their ability to strike a balance in managing their homes and their professions, and have coined very creative self-help groups to be able to get that extra source of income or savings that grants them financial independence. Despite this, women have been perceived to be a minority group in society as they are left to take care of their homes and be the natural caregivers while their male partners go ahead to pursue their careers. Due to this, various attempts have been made to promote the woman's position in society one being the access to financial services from the Microfinance Institutions.
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Factors influencing Corporate Social Responsibility spending in Kenya a case study of NSE 20- share index companies
(Strathmore University, 2020) Njeri, K. K.
Discussions revolving CSR have been on the rise, due to the increased need of business entities to be mindful of the environment in which they operate. This research was therefore conducted with an aim to determine whether the existence of tax incentives, and profitability of a company, influence a company's willingness to spend its funds on CSR projects. It also aimed to investigate the challenges faced by companies willing to invest their funds in CSR projects. The research utilized a descriptive analysis research design, where the data collected was analyzed using value such as mean and standard deviation, and a test for reliability was also done using Microsoft Excel. The study found that tax incentives and profitability of a company, are drivers of CSR. It also proved that creating a balance between the expectations of shareholders and those of the society, financial inadequacy, the value system of managers and owners of companies, pose as challenges to companies willing to take up CSR projects. The study recommended that the government should investigate the economic value of CSR incentives, not only tax incentives, since the research has established that companies would more likely spend funds on CSR projects if CSR was incentivized, rather than regulated. Research should be done on measures which companies can take, to manage the expectations of the shareholders and those of the society, to create a balance. Companies should also find alternative ways of being socially responsible, that are not financial, such that even profits are low, the companies still fulfil their duties to the society.