Hesbon Otinga - Academia.edu (original) (raw)
Papers by Hesbon Otinga
Strategic Journal of Business & Change Management, Mar 11, 2021
Evidence from existing literature indicate conflicting relationships between banks innovativeness... more Evidence from existing literature indicate conflicting relationships between banks innovativeness and banks' profitability, while other researches merely report on bank innovations without relating the effectiveness of the purported innovations on bank profitability. Therefore, lack of adequate empirical evidence on the relationship between emerging banks' innovativeness and bank profitability motivated this study to examine the influence of payment innovations, crowd funding, agency banking and artificial intelligence predictive banking system on profitability of listed commercial banks in Kenya. The study was guided by Innovation Diffusion theory.This research adopted explanatory survey research design. This study targeted managers from listed commercial banks headquarters in Nairobi city county, Kenya. The study sample size was determined using Taro Yamane's proportional sampling technique formula, which was drawn randomly from managers of commercial banks in Nairobi, Kenya. Primary data was collected by means of self-administered questionnaires. Data collected from the field was coded, cleaned, tabulated and analyzed using both descriptive and inferential statistics with the aid of specialized Statistical Package for Social Sciences (SPSS) software and presented using tables to make them reader friendly. Descriptive statistics were used. Data was organized into graphs and tables for easy reference. Further, inferential statistics such as regression and correlation analyses was computed to determine both the nature and the strength of the relationship between the dependent and independent variables. Both descriptive and inferential statistics showed that the study's independent variable (agency banking) significantly influenced financial performance of listed commercial banks in Kenya. The study concluded that commercial banks that effectively utilize agency banking system attract huge customer's base, save on transaction costs, thus boost bank's financial performance. The study recommends that one, commercial banks should roll out feasible agency banking products and services to win customer trust and boost their financial performance.
Strategic Journal of Business & Change Management, 2019
This study investigated micro economic determinants of prudent financial management of TVET insti... more This study investigated micro economic determinants of prudent financial management of TVET institutions in the Western region, Kenya. The study adopted descriptive survey design and targeted 207 respondents from 23 TVET institutions in the western region, Kenya. The study used structured questionnaire as its main research instrument. The data collected was coded for accuracy of information at the end of every field data collection day and stored manually and electronically. Computer software- Statistical Package for Social Sciences (SPSS) version 24 was used in data analysis. Both descriptive and inferential analysis revealed that all conceptualized independent variables significantly influenced prudent financial management in TVET institutions in western region, Kenya, that is; Internal audit system; β = 0.407 at p<0.01 ; ; Management efficiency; β = 0.417 at p<0.01; Information communication technology ; β = 0.085 at p<0.01 and from the model summary, R 2 = 0. 610, which...
Strategic Journal of Business & Change Management, 2019
This research investigated the influence of; interest rate spread and discount rate on loan perfo... more This research investigated the influence of; interest rate spread and discount rate on loan performance of commercial banks branches in Kakamega County, Kenya. The study adopted descriptive survey design and used census method to collect data using a questionnaire from its target population of 98 senior management staff of 10 commercial banks branches in Kakamega County. A pilot study was conducted among 10 senior management staff of Kenya commercial bank, Bungoma branch, so as to check research instrument’s validity and reliability where Cronbach alpha test for reliability was done and all the responses yielded an acceptable measure of 0.7and above . SPSS) version 24 was used in data analysis. Both descriptive and inferential analysis was carried out. From a total of 98 questionnaires, 81 questionnaires were returned when dully filled depicting a response rate of 82.7%. From the values of unstandardized regression coefficients with standard errors in parenthesis, the independent v...
Strategic Journal of Business & Change Management, 2019
This study sought to investigate determinants of Micro Financial Institutions financial performan... more This study sought to investigate determinants of Micro Financial Institutions financial performance in Kakamega County, Kenya. The study adopted descriptive survey and targeted 122 senior management staff from 17 MFIs located in Kakamega County. The study used structured questionnaire as its research tool . The data collected was coded for accuracy of information at the end of every field data collection day and stored both manually and electronically. Computer software, Statistical Package for Social Sciences (SPSS) version 23 was used in data analysis. A total of 85 respondents out of the sampled 94 respondents returned completely filled questionnaires representing a response rate of 90.4%, thus good for generalizability of research findings to a wider population. From the values of unstandardized regression coefficients with standard errors in parenthesis, all the independent variables (cost of operations; β = -0.284 (0.103) at p<0.05; loan loss provision; β = 0.389 (0.107) at...
Strategic Journal of Business & Change Management, 2020
The main purpose of this study was to evaluate the influence of project contracting terms, projec... more The main purpose of this study was to evaluate the influence of project contracting terms, project site management, project coordination and conflict management on construction quality of all-weather road projects in Kisumu County, Kenya. The study used explanatory survey design and targeted mainly persons charged with ensuring quality of road construction projects in Kisumu County, Kenya. The study used structured questionnaires to collect primary data. From both descriptive and inferential statistics all conceptualized independent variables (project contracting terms, project site management, project coordination and conflict management) significantly influenced construction quality of all-weather road projects in Kisumu County (dependent variable). The study concluded that one, the county government must ensure there are feasible project contracting terms in terms of clear estimation of contract costs, scope, time, funding sources and compensations agreement to enhance constructi...
Strategic Journal of Business & Change Management, 2020
This study examined the influence on innovative systems on profitability of listed commercial ban... more This study examined the influence on innovative systems on profitability of listed commercial banks in Kenya. The study examined the influence of crowd funding, artificial intelligence predictive banking system and payment innovations on profitability of listed commercial banks in Kenya. The research adopted explanatory survey research design. The study targeted managers from listed commercial banks headquarters in Nairobi city county, Kenya. Primary data was collected by means of self-administered questionnaires. Data collected from the field was coded, cleaned, tabulated and analyzed using both descriptive and inferential statistics with the aid of specialized Statistical Package for Social Sciences (SPSS) software. The output of analysis was presented using tables to make them reader friendly. Descriptive statistics such as frequencies and percentages as well as measures of central tendency (means) and dispersion (standard deviation) was used. Data was organized into graphs and t...
Strategic Journal of Business & Change Management, 2019
The general goal of this examination was to research the impact of liquidity on the execution of ... more The general goal of this examination was to research the impact of liquidity on the execution of Saccos in Kakamega County, Kenya. The examination depended on liquidity hypothesis and organization hypothesis. The investigation focused on 149 respondents structure where Yamame's equation was connected to get an example size of 109 respondents. Elucidating overview configuration was utilized in the investigation and information was gathered utilizing organized polls. Content legitimacy was utilized to check instrument legitimacy while cronbachs alpha was utilized to check instrument unwavering quality. Factual bundle for sociologies adaptation 23 programming was utilized in information investigation. A sum of 88 out 109 respondents returned totally filled polls showing a reaction rate of 80.7% which is useful for generalizability of study discoveries to a more extensive populace. The investigation discoveries demonstrated that all indicator factors (resource quality, capital ample...
Strategic Journal of Business & Change Management, 2020
The aim of this study was to investigate the influence of financial management practices on profi... more The aim of this study was to investigate the influence of financial management practices on profitability of MFIs in Homabay County. The target population was 113 senior and middle level management staff of 8 registered MFIs in Homabay County; from where Yamame’s sampling formula was applied to get a sample size of 88 respondents who were selected using simple random sampling. Data was collected using structured questionnaires and computed using SPSS 23; where descriptive and inferential statistics were generated. Pilot study was done in an established MFI in Kisumu County where content validity was applied to check instrument validity while cronbachs alpha that test internal consistency was used to check reliability of research instruments. A total of 81 out of 88 sampled respondents returned dully filled questionnaires indicating a response rate of 92.04% which was excellent for generalizability of research findings to a wider population. Results from descriptive and inferentia...
Strategic Journal of Business & Change Management, 2019
This study sought to investigate the influence of product differentiation strategies on the growt... more This study sought to investigate the influence of product differentiation strategies on the growth of supermarkets in Kakamega County, Kenya. The study was based on differentiation theory. The study adopted descriptive survey design and targeted 121 officers from 7 supermarkets and their branches spread across major towns of Kakamega County, from where Yamames sampling formula was used to get a sample size of 93 respondents. A pilot study was done in an established supermarket in Bungoma County (Khetia) to test instrument validity and reliability. Data was collected by structured questionnaires. Data analysis was computed by SPSS 24, where descriptive (frequencies, percentages, mean and standard deviations) and inferential statistics (correlations and multiple regression) was generated. A total of 85 out of the sampled 93 respondents returned completely filled questionnaires representing a response rate of 91.4% which is good for generalizability of research findings to a wider pop...
Strategic Journal of Business & Change Management, 2020
The main objective of this study was to investigate determinants of firm’s competitive advantage ... more The main objective of this study was to investigate determinants of firm’s competitive advantage using a case of Kenya Seed Company. The study specifically sought to establish how resource capability, marketing capabilities, research and chain supply responsiveness affect competitive advantage of Kenya Seed Company. The study adopted a descriptive research design. The target population comprised of the top management, middle level management and low level management of Kenya Seed Company. There were 121 employees across the three levels of management at the time of carrying out this research. The sample size was 93 employees arrived at using Yamane formula. The respondents from the strata were sampled using stratified random sampling. The research instrument used in this study was questionnaires. The researcher collected primary data using a self-administered questionnaire which were issued through drop and pick later method. Before the actual data collection, the researcher carried...
Strategic Journal of Business & Change Management, 2019
This study sought to investigate the influence of credit awareness and collateral security on acc... more This study sought to investigate the influence of credit awareness and collateral security on access to financial credit by women owned enterprises in Kakamega County, Kenya. The study targeted 303 officials of the women owned enterprises in Kakamega County. Data was collected using structured questionnaires and piloted on women owned enterprises in Bungoma County (15 respondents). Descriptive analysis was used to compute frequencies, percentages, means and standard deviations while for variable relationships, inferential analysis was computed. SPSS version 24 was used to compute descriptive and inferential statistics. Data was presented in form of tables and graphs. The study provided empirical data on significant factors that really hindered access to financial credit by women owned enterprises. A total of 105 out of 172 respondents returned completely filled questionnaires representing a response rate of 61.05% which was good for generalizability of results to a wider population....
Strategic Journal of Business & Change Management, 2020
This study intended to investigate the influence of pension fund management practices on investme... more This study intended to investigate the influence of pension fund management practices on investment performance of individual pension schemes in Kenya. The study employed explanatory survey research design and targeted 108 respondents which comprised of fund managers/fund administrators, actuaries/ fund scheme advisors and auditors from 36 individual pension schemes in Kenya; from where a census method was used to select all the 108 respondents. Primary data was collected by means of self-administered structured questionnaires. Data collected from the field was coded, cleaned, tabulated and analyzed using both descriptive and inferential statistics with the aid of specialized Statistical Package for Social Sciences (SPSS) version 24 software. Both descriptive and inferential statistics showed that all the study’s independent variables (financing management practice, investment management practice, financial control practice, asset base management practice) significantly influence in...
Strategic Journal of Business & Change Management, 2019
Agency banking has proved to be a successful model for most marginalized people as it promotes ac... more Agency banking has proved to be a successful model for most marginalized people as it promotes accessibility of affordable banking services which has led to development of any economy. The main objective of this study was to determine the factors influencing financial performance of equity agency banking business in Siaya Town. The specific objectives involved determination of the extent to which financial inclusion affected financial performance of equity agency banking business in Siaya Town. The study applied descriptive survey research design with a target population of 83 agent bankers; census sampling technique was used in conjunction with a structured questionnaire to select sample size and collection of data. Descriptive and inferential statistics was used to analyze data. The unstandardized regression coefficient value of financial inclusion was 0.456 and significance level of p<.001. This indicated that a unit change in financial inclusion would result to significant c...
Strategic Journal of Business & Change Management, 2019
The point of the investigation was to decide the impact of credit risk mitigation on the money re... more The point of the investigation was to decide the impact of credit risk mitigation on the money related execution of Invest and Grow Sacco in Kakamega County concentrating on IGs development, gainfulness and execution. The target population was 90 employees of 6 branches of Invest and Grow Sacco in Kakamega County. A census was adopted to select respondents to participate in the study. Essential information was gathered utilizing organized surveys. Pilot testing was done and examined instruments had Cronbach's alpha qualities 0.7 or more affirming their dependability. Information was dissected utilizing measurable bundle for sociologies rendition 24 and both enlightening and inferential investigation demonstrated that all conceptualized examination factors. The examination presumes that Sacco’s should embrace the credit risk mitigation policy as a credit risk mitigating factor. This would ensure maximum returns on the Sacco and reduction in bad debts cases which would eventually ...
Strategic Journal of Business & Change Management, 2020
This study investigated the influence of loan insurance policy on financial performance SACCOs in... more This study investigated the influence of loan insurance policy on financial performance SACCOs in Kakamega County, Kenya. The study adopted descriptive survey and targeted 143 senior management staff from 13 SACCOs located in Kakamega County from where a sample size of 105 was selected using stratified random sampling technique. The study used structured questionnaire as the main research instrument. A pilot study was conducted among 20 senior management staff of SACCOs in Vihiga County, Kenya, so as to check research instrument’s validity and reliability. Statistical Package for Social Sciences version 24 was used in data analysis. Descriptive statistics (percentages, frequencies, mean, and standard deviations) were computed. A total of 97 respondents out of the sampled 105 respondents returned completely filled questionnaires representing a response rate of 92.4%, thus good for generalizability of research findings to a wider population. The results showed that loan insurance poli...
Strategic Journal of Business & Change Management, 2019
The general objective of the study was to investigate the influence of financial control on profi... more The general objective of the study was to investigate the influence of financial control on profitability of sugar manufacturing firms in Western Kenya. The specific objectives were to determine the influence of asset control, accounting control system, audit control and budgetary control on profitability of sugar manufacturing firms in Western Kenya. The study targeted 94 respondents from finance, risk, procurement and accounts department of Nzoia Sugar Company, Kibos Sugar, Sukari industries, Sony Sugar, Butali Sugar Company and West Kenya Sugar Company. Census sampling techniques was used to select 94 respondents as they were less than 100. Structured questionnaires were used to collect primary and Descriptive statistics and inferential statistics were used during data analysis with aid of SPSS version 21. The results were presented in tables and models. The results revealed that financial controls have significant influence on the profitability of sugar manufacturing firms in We...
Strategic Journal of Business & Change Management, 2020
This study investigated the influence of project manager’s competency, project cost overruns, pro... more This study investigated the influence of project manager’s competency, project cost overruns, project financing structure and project lead time on timely completion of county road construction projects in Kakamega County, Kenya. The study was based on descriptive research design and targets prequalified contractors in Kakamega County, county public works officers Employees in Kakamega County, Transport and Infrastructure department, Contractors’ technical staff, Government civil engineers from National Construction authority, Kakamega region, who were stratified and selected by simple random sampling technique. Data was collected using structured questionnaires and analyzed using SPSS version 24, where descriptive and inferential statistics was computed. Both descriptive and inferential statistics showed that all of the study’s conceptualized independent variables (project manager’s competency, project financing structure, project cost overruns, project lead time) significantly infl...
Strategic Journal of Business & Change Management, 2020
This study examined the influence of electronic banking service management on financial performan... more This study examined the influence of electronic banking service management on financial performance of deposit taking SACCOS in Nairobi County. The study employed a descriptive survey research design. The target population of this study was senior management staff in the deposit taking SACCOs in Nairobi County from where Yamane’s sampling formula was used to get sample size; and respondents were selected using simple random sampling technique. The questionnaires were administered to senior management staff in the deposit taking SACCOs head offices using a drop and pick method. Data analysis was computed by SPSS 24. The analyzed data was presented in the form of tables and graphs. Questionnaires were used for data collection. Both descriptive and inferential statistics indicated that all of the study’s independent variables (phone banking service, digitized financial communication service, electronic saving mobilization service, and online loaning service) significantly influenced fi...
Strategic Journal of Business & Change Management, 2019
This study sought to examine the effect of capitalization, core capital, dividend policy and loan... more This study sought to examine the effect of capitalization, core capital, dividend policy and loan security policy on financial performance of SACCOs in Siaya County, Kenya. The study was based on Liquidity theory, Signaling dividend theory and risk aversion theory. The study adopted explanatory design and targeted 153 management staff of 24 registered SACCOs located in Siaya County from where a sample size of 111 was calculated and respondents were selected using stratified random sampling technique. Structured questionnaires were used to collect primary data. Both descriptive and inferential statistics were computed by Statistical Package of Social Scientists version 24. Analyzed data was presented in form of tables. From a total of 111 questionnaires that were dispatched for data collection, 95 questionnaires were returned when completely filled, representing a response rate of 85.6% which was good for generalizability of the research findings to a wider population. Both descripti...
Strategic Journal of Business & Change Management, Mar 11, 2021
Evidence from existing literature indicate conflicting relationships between banks innovativeness... more Evidence from existing literature indicate conflicting relationships between banks innovativeness and banks' profitability, while other researches merely report on bank innovations without relating the effectiveness of the purported innovations on bank profitability. Therefore, lack of adequate empirical evidence on the relationship between emerging banks' innovativeness and bank profitability motivated this study to examine the influence of payment innovations, crowd funding, agency banking and artificial intelligence predictive banking system on profitability of listed commercial banks in Kenya. The study was guided by Innovation Diffusion theory.This research adopted explanatory survey research design. This study targeted managers from listed commercial banks headquarters in Nairobi city county, Kenya. The study sample size was determined using Taro Yamane's proportional sampling technique formula, which was drawn randomly from managers of commercial banks in Nairobi, Kenya. Primary data was collected by means of self-administered questionnaires. Data collected from the field was coded, cleaned, tabulated and analyzed using both descriptive and inferential statistics with the aid of specialized Statistical Package for Social Sciences (SPSS) software and presented using tables to make them reader friendly. Descriptive statistics were used. Data was organized into graphs and tables for easy reference. Further, inferential statistics such as regression and correlation analyses was computed to determine both the nature and the strength of the relationship between the dependent and independent variables. Both descriptive and inferential statistics showed that the study's independent variable (agency banking) significantly influenced financial performance of listed commercial banks in Kenya. The study concluded that commercial banks that effectively utilize agency banking system attract huge customer's base, save on transaction costs, thus boost bank's financial performance. The study recommends that one, commercial banks should roll out feasible agency banking products and services to win customer trust and boost their financial performance.
Strategic Journal of Business & Change Management, 2019
This study investigated micro economic determinants of prudent financial management of TVET insti... more This study investigated micro economic determinants of prudent financial management of TVET institutions in the Western region, Kenya. The study adopted descriptive survey design and targeted 207 respondents from 23 TVET institutions in the western region, Kenya. The study used structured questionnaire as its main research instrument. The data collected was coded for accuracy of information at the end of every field data collection day and stored manually and electronically. Computer software- Statistical Package for Social Sciences (SPSS) version 24 was used in data analysis. Both descriptive and inferential analysis revealed that all conceptualized independent variables significantly influenced prudent financial management in TVET institutions in western region, Kenya, that is; Internal audit system; β = 0.407 at p<0.01 ; ; Management efficiency; β = 0.417 at p<0.01; Information communication technology ; β = 0.085 at p<0.01 and from the model summary, R 2 = 0. 610, which...
Strategic Journal of Business & Change Management, 2019
This research investigated the influence of; interest rate spread and discount rate on loan perfo... more This research investigated the influence of; interest rate spread and discount rate on loan performance of commercial banks branches in Kakamega County, Kenya. The study adopted descriptive survey design and used census method to collect data using a questionnaire from its target population of 98 senior management staff of 10 commercial banks branches in Kakamega County. A pilot study was conducted among 10 senior management staff of Kenya commercial bank, Bungoma branch, so as to check research instrument’s validity and reliability where Cronbach alpha test for reliability was done and all the responses yielded an acceptable measure of 0.7and above . SPSS) version 24 was used in data analysis. Both descriptive and inferential analysis was carried out. From a total of 98 questionnaires, 81 questionnaires were returned when dully filled depicting a response rate of 82.7%. From the values of unstandardized regression coefficients with standard errors in parenthesis, the independent v...
Strategic Journal of Business & Change Management, 2019
This study sought to investigate determinants of Micro Financial Institutions financial performan... more This study sought to investigate determinants of Micro Financial Institutions financial performance in Kakamega County, Kenya. The study adopted descriptive survey and targeted 122 senior management staff from 17 MFIs located in Kakamega County. The study used structured questionnaire as its research tool . The data collected was coded for accuracy of information at the end of every field data collection day and stored both manually and electronically. Computer software, Statistical Package for Social Sciences (SPSS) version 23 was used in data analysis. A total of 85 respondents out of the sampled 94 respondents returned completely filled questionnaires representing a response rate of 90.4%, thus good for generalizability of research findings to a wider population. From the values of unstandardized regression coefficients with standard errors in parenthesis, all the independent variables (cost of operations; β = -0.284 (0.103) at p<0.05; loan loss provision; β = 0.389 (0.107) at...
Strategic Journal of Business & Change Management, 2020
The main purpose of this study was to evaluate the influence of project contracting terms, projec... more The main purpose of this study was to evaluate the influence of project contracting terms, project site management, project coordination and conflict management on construction quality of all-weather road projects in Kisumu County, Kenya. The study used explanatory survey design and targeted mainly persons charged with ensuring quality of road construction projects in Kisumu County, Kenya. The study used structured questionnaires to collect primary data. From both descriptive and inferential statistics all conceptualized independent variables (project contracting terms, project site management, project coordination and conflict management) significantly influenced construction quality of all-weather road projects in Kisumu County (dependent variable). The study concluded that one, the county government must ensure there are feasible project contracting terms in terms of clear estimation of contract costs, scope, time, funding sources and compensations agreement to enhance constructi...
Strategic Journal of Business & Change Management, 2020
This study examined the influence on innovative systems on profitability of listed commercial ban... more This study examined the influence on innovative systems on profitability of listed commercial banks in Kenya. The study examined the influence of crowd funding, artificial intelligence predictive banking system and payment innovations on profitability of listed commercial banks in Kenya. The research adopted explanatory survey research design. The study targeted managers from listed commercial banks headquarters in Nairobi city county, Kenya. Primary data was collected by means of self-administered questionnaires. Data collected from the field was coded, cleaned, tabulated and analyzed using both descriptive and inferential statistics with the aid of specialized Statistical Package for Social Sciences (SPSS) software. The output of analysis was presented using tables to make them reader friendly. Descriptive statistics such as frequencies and percentages as well as measures of central tendency (means) and dispersion (standard deviation) was used. Data was organized into graphs and t...
Strategic Journal of Business & Change Management, 2019
The general goal of this examination was to research the impact of liquidity on the execution of ... more The general goal of this examination was to research the impact of liquidity on the execution of Saccos in Kakamega County, Kenya. The examination depended on liquidity hypothesis and organization hypothesis. The investigation focused on 149 respondents structure where Yamame's equation was connected to get an example size of 109 respondents. Elucidating overview configuration was utilized in the investigation and information was gathered utilizing organized polls. Content legitimacy was utilized to check instrument legitimacy while cronbachs alpha was utilized to check instrument unwavering quality. Factual bundle for sociologies adaptation 23 programming was utilized in information investigation. A sum of 88 out 109 respondents returned totally filled polls showing a reaction rate of 80.7% which is useful for generalizability of study discoveries to a more extensive populace. The investigation discoveries demonstrated that all indicator factors (resource quality, capital ample...
Strategic Journal of Business & Change Management, 2020
The aim of this study was to investigate the influence of financial management practices on profi... more The aim of this study was to investigate the influence of financial management practices on profitability of MFIs in Homabay County. The target population was 113 senior and middle level management staff of 8 registered MFIs in Homabay County; from where Yamame’s sampling formula was applied to get a sample size of 88 respondents who were selected using simple random sampling. Data was collected using structured questionnaires and computed using SPSS 23; where descriptive and inferential statistics were generated. Pilot study was done in an established MFI in Kisumu County where content validity was applied to check instrument validity while cronbachs alpha that test internal consistency was used to check reliability of research instruments. A total of 81 out of 88 sampled respondents returned dully filled questionnaires indicating a response rate of 92.04% which was excellent for generalizability of research findings to a wider population. Results from descriptive and inferentia...
Strategic Journal of Business & Change Management, 2019
This study sought to investigate the influence of product differentiation strategies on the growt... more This study sought to investigate the influence of product differentiation strategies on the growth of supermarkets in Kakamega County, Kenya. The study was based on differentiation theory. The study adopted descriptive survey design and targeted 121 officers from 7 supermarkets and their branches spread across major towns of Kakamega County, from where Yamames sampling formula was used to get a sample size of 93 respondents. A pilot study was done in an established supermarket in Bungoma County (Khetia) to test instrument validity and reliability. Data was collected by structured questionnaires. Data analysis was computed by SPSS 24, where descriptive (frequencies, percentages, mean and standard deviations) and inferential statistics (correlations and multiple regression) was generated. A total of 85 out of the sampled 93 respondents returned completely filled questionnaires representing a response rate of 91.4% which is good for generalizability of research findings to a wider pop...
Strategic Journal of Business & Change Management, 2020
The main objective of this study was to investigate determinants of firm’s competitive advantage ... more The main objective of this study was to investigate determinants of firm’s competitive advantage using a case of Kenya Seed Company. The study specifically sought to establish how resource capability, marketing capabilities, research and chain supply responsiveness affect competitive advantage of Kenya Seed Company. The study adopted a descriptive research design. The target population comprised of the top management, middle level management and low level management of Kenya Seed Company. There were 121 employees across the three levels of management at the time of carrying out this research. The sample size was 93 employees arrived at using Yamane formula. The respondents from the strata were sampled using stratified random sampling. The research instrument used in this study was questionnaires. The researcher collected primary data using a self-administered questionnaire which were issued through drop and pick later method. Before the actual data collection, the researcher carried...
Strategic Journal of Business & Change Management, 2019
This study sought to investigate the influence of credit awareness and collateral security on acc... more This study sought to investigate the influence of credit awareness and collateral security on access to financial credit by women owned enterprises in Kakamega County, Kenya. The study targeted 303 officials of the women owned enterprises in Kakamega County. Data was collected using structured questionnaires and piloted on women owned enterprises in Bungoma County (15 respondents). Descriptive analysis was used to compute frequencies, percentages, means and standard deviations while for variable relationships, inferential analysis was computed. SPSS version 24 was used to compute descriptive and inferential statistics. Data was presented in form of tables and graphs. The study provided empirical data on significant factors that really hindered access to financial credit by women owned enterprises. A total of 105 out of 172 respondents returned completely filled questionnaires representing a response rate of 61.05% which was good for generalizability of results to a wider population....
Strategic Journal of Business & Change Management, 2020
This study intended to investigate the influence of pension fund management practices on investme... more This study intended to investigate the influence of pension fund management practices on investment performance of individual pension schemes in Kenya. The study employed explanatory survey research design and targeted 108 respondents which comprised of fund managers/fund administrators, actuaries/ fund scheme advisors and auditors from 36 individual pension schemes in Kenya; from where a census method was used to select all the 108 respondents. Primary data was collected by means of self-administered structured questionnaires. Data collected from the field was coded, cleaned, tabulated and analyzed using both descriptive and inferential statistics with the aid of specialized Statistical Package for Social Sciences (SPSS) version 24 software. Both descriptive and inferential statistics showed that all the study’s independent variables (financing management practice, investment management practice, financial control practice, asset base management practice) significantly influence in...
Strategic Journal of Business & Change Management, 2019
Agency banking has proved to be a successful model for most marginalized people as it promotes ac... more Agency banking has proved to be a successful model for most marginalized people as it promotes accessibility of affordable banking services which has led to development of any economy. The main objective of this study was to determine the factors influencing financial performance of equity agency banking business in Siaya Town. The specific objectives involved determination of the extent to which financial inclusion affected financial performance of equity agency banking business in Siaya Town. The study applied descriptive survey research design with a target population of 83 agent bankers; census sampling technique was used in conjunction with a structured questionnaire to select sample size and collection of data. Descriptive and inferential statistics was used to analyze data. The unstandardized regression coefficient value of financial inclusion was 0.456 and significance level of p<.001. This indicated that a unit change in financial inclusion would result to significant c...
Strategic Journal of Business & Change Management, 2019
The point of the investigation was to decide the impact of credit risk mitigation on the money re... more The point of the investigation was to decide the impact of credit risk mitigation on the money related execution of Invest and Grow Sacco in Kakamega County concentrating on IGs development, gainfulness and execution. The target population was 90 employees of 6 branches of Invest and Grow Sacco in Kakamega County. A census was adopted to select respondents to participate in the study. Essential information was gathered utilizing organized surveys. Pilot testing was done and examined instruments had Cronbach's alpha qualities 0.7 or more affirming their dependability. Information was dissected utilizing measurable bundle for sociologies rendition 24 and both enlightening and inferential investigation demonstrated that all conceptualized examination factors. The examination presumes that Sacco’s should embrace the credit risk mitigation policy as a credit risk mitigating factor. This would ensure maximum returns on the Sacco and reduction in bad debts cases which would eventually ...
Strategic Journal of Business & Change Management, 2020
This study investigated the influence of loan insurance policy on financial performance SACCOs in... more This study investigated the influence of loan insurance policy on financial performance SACCOs in Kakamega County, Kenya. The study adopted descriptive survey and targeted 143 senior management staff from 13 SACCOs located in Kakamega County from where a sample size of 105 was selected using stratified random sampling technique. The study used structured questionnaire as the main research instrument. A pilot study was conducted among 20 senior management staff of SACCOs in Vihiga County, Kenya, so as to check research instrument’s validity and reliability. Statistical Package for Social Sciences version 24 was used in data analysis. Descriptive statistics (percentages, frequencies, mean, and standard deviations) were computed. A total of 97 respondents out of the sampled 105 respondents returned completely filled questionnaires representing a response rate of 92.4%, thus good for generalizability of research findings to a wider population. The results showed that loan insurance poli...
Strategic Journal of Business & Change Management, 2019
The general objective of the study was to investigate the influence of financial control on profi... more The general objective of the study was to investigate the influence of financial control on profitability of sugar manufacturing firms in Western Kenya. The specific objectives were to determine the influence of asset control, accounting control system, audit control and budgetary control on profitability of sugar manufacturing firms in Western Kenya. The study targeted 94 respondents from finance, risk, procurement and accounts department of Nzoia Sugar Company, Kibos Sugar, Sukari industries, Sony Sugar, Butali Sugar Company and West Kenya Sugar Company. Census sampling techniques was used to select 94 respondents as they were less than 100. Structured questionnaires were used to collect primary and Descriptive statistics and inferential statistics were used during data analysis with aid of SPSS version 21. The results were presented in tables and models. The results revealed that financial controls have significant influence on the profitability of sugar manufacturing firms in We...
Strategic Journal of Business & Change Management, 2020
This study investigated the influence of project manager’s competency, project cost overruns, pro... more This study investigated the influence of project manager’s competency, project cost overruns, project financing structure and project lead time on timely completion of county road construction projects in Kakamega County, Kenya. The study was based on descriptive research design and targets prequalified contractors in Kakamega County, county public works officers Employees in Kakamega County, Transport and Infrastructure department, Contractors’ technical staff, Government civil engineers from National Construction authority, Kakamega region, who were stratified and selected by simple random sampling technique. Data was collected using structured questionnaires and analyzed using SPSS version 24, where descriptive and inferential statistics was computed. Both descriptive and inferential statistics showed that all of the study’s conceptualized independent variables (project manager’s competency, project financing structure, project cost overruns, project lead time) significantly infl...
Strategic Journal of Business & Change Management, 2020
This study examined the influence of electronic banking service management on financial performan... more This study examined the influence of electronic banking service management on financial performance of deposit taking SACCOS in Nairobi County. The study employed a descriptive survey research design. The target population of this study was senior management staff in the deposit taking SACCOs in Nairobi County from where Yamane’s sampling formula was used to get sample size; and respondents were selected using simple random sampling technique. The questionnaires were administered to senior management staff in the deposit taking SACCOs head offices using a drop and pick method. Data analysis was computed by SPSS 24. The analyzed data was presented in the form of tables and graphs. Questionnaires were used for data collection. Both descriptive and inferential statistics indicated that all of the study’s independent variables (phone banking service, digitized financial communication service, electronic saving mobilization service, and online loaning service) significantly influenced fi...
Strategic Journal of Business & Change Management, 2019
This study sought to examine the effect of capitalization, core capital, dividend policy and loan... more This study sought to examine the effect of capitalization, core capital, dividend policy and loan security policy on financial performance of SACCOs in Siaya County, Kenya. The study was based on Liquidity theory, Signaling dividend theory and risk aversion theory. The study adopted explanatory design and targeted 153 management staff of 24 registered SACCOs located in Siaya County from where a sample size of 111 was calculated and respondents were selected using stratified random sampling technique. Structured questionnaires were used to collect primary data. Both descriptive and inferential statistics were computed by Statistical Package of Social Scientists version 24. Analyzed data was presented in form of tables. From a total of 111 questionnaires that were dispatched for data collection, 95 questionnaires were returned when completely filled, representing a response rate of 85.6% which was good for generalizability of the research findings to a wider population. Both descripti...