Kenya Methodist University crestKENYA METHODIST UNIVERSITYDigital Repository
 

School of Business and Economics

Permanent URI for this collectionhttp://41.89.31.6:4000/handle/123456789/320

Welcome to School of Business and Economics collection.This collection contains Journal articles published by faculty affiliated to the school.

Browse

Search Results

Now showing 1 - 6 of 6
  • Thumbnail Image
    Item
    Principal’s Visionary Leadership and Financial Management in Secondary Schools in Meru County, Kenya
    (EdinBurg Peer Reviewed Journals and Books Publishers, 2023) Mungai, Sarah Njeri; Mwirichia, Severina; Gichohi, Paul
    An ideal funding system in a secondary school provides a key avenue for ensuring that its operations are running smoothly. It should have reliable structures of administration with competent staff such as the bursars and accounts clerks. Nevertheless, that has not been the case due to delays caused by the government when releasing funds and fees paid by the students to secondary schools. The purpose of the study was to investigate principals' visionary leadership and financial management in secondary schools in Meru County, Kenya. The study used a survey research design that was descriptive and cross-sectional. The target population was 389 secondary schools which were sampled through a random sampling method to get schools. It further used a purposive sampling method to obtain 117 principals and 117 bursars. The study administered questionnaires and also collected secondary data. Piloting was done in twelve secondary schools in Tharaka Nithi County. The study analysed quantitative data using descriptive statistics such as frequencies, percentages, and mean. It also carried out correlation analysis to test hypothesis. The study found that there was low professional advancement of staff working in the accounts office which was attributed to a failure of principals to push for the same, fearing that the staff may leave the school for greener pastures after the training. The study recommends that principals should make the initiative of ensuring that they motivate the accounting staff by equipping themselves with the skills and expertise for career advancement.
  • Thumbnail Image
    Item
    Effect of M-Shwari Loan Pricing on Uptake of Loans from NCBA in Meru County
    (EdinBurg Peer Reviewed Journals and Books Publishers Journal of Strategic Management, 2022-10) Mutegi, Jane; Gichohi, Paul; Rintari, Nancy
    In the last decade, Kenya has witnessed remarkable growth in digital lending products and platforms. However, the impact of these digital lending products on uptake of loans remains under-researched. The purpose of the study was to determine the effects of M- Shwari loan pricing on uptake of loans from NCBA Bank Kenya PLC in Meru County. The study was guided by the financial intermediation theory. The study adopted a descriptive survey research design. The target population was NCBA Bank Kenya PLC Meru Branch customers who utilize the bank's M-Shwari digital credit. The sample size was 380 respondents who were selected using a simple random sampling technique. Quantitative data was analyzed through descriptive and inferential statistics. Qualitative data was analyzed thematically using conceptual content analysis. The study found that M-Shwari’s loan pricing was negatively and significantly related to the uptake of bank loans. The study concluded that M-Shwari’s loan pricing had a negative and significant relationship with uptake of bank loans among NCBA Bank Kenya PLC customers in Meru County. The study recommends that NCBA Bank Kenya PLC managers should charge lower interest to their customers, and should create awareness among their customers on considerations made in credit scoring of digital loans customers.
  • Thumbnail Image
    Item
    Role of Resource Allocation in Implementing Anti-Corruption Strategies at Ethics and Anti-Corruption Commission in Kenya
    (International Journal of Professional Practice, 2021-10) Kireri, Jeremiah; Rintari, Nancy; Gichohi, Paul
    Corruption in its various forms is injurious and detrimental to economic growth, and has been identified as a key drawback in developing countries. As a result, governments all over the world have implemented a variety of policies to strengthen the battle against corruption. Despite adopting various anti-corruption policies, Kenyan corruption has been endemic and anti corruption strategy falls short of international standards. The aim of this analysis was to see how resource allocation influences anti-corruption strategy execution at Ethics and Anti-Corruption Commission (EACC) in Kenya. A case study design was used in this research. Employees of EACC were the target population. Eighty-five EACC respondents were deemed appropriate. A questionnaire was used to gather data, which was then analyzed descriptively where mean, standard deviation and chi-square were computed with the help of SPSS. A pretest was conducted prior to collection of data. The pretest was conducted among nine employees of EACC from various departments in Nyeri. The study found that Ethics and Anti-Corruption Commission was underfunded. As a result, its ability to procure required resources such as enough employees and information technologies is limited. Chi-square analysis showed that resource allocation was significant. The study therefore recommended that the national assembly of Kenya should allocate more financial resources to EACC to enhance the capacity of the agency in fighting corruption.
  • Thumbnail Image
    Item
    Assessment of Innovative Money-Collecting Systems Strategy for Mobilizing Own-Source Revenue in Isiolo County Government
    (Journal of Finance & Accounting, 2021-09) Qanchora, Roba Abduba; Gichohi, Paul; Kambura, Susan
    The county governments are expected to mobilize their own-sources revenue to bridge the gap in equity share. Despite the elaborate national fiscal policies and legislative frameworks on own-source revenue mobilization, many county governments, including Isiolo, have continued to report deficiency and inability to increase their own-source revenue, adversely affecting service delivery. This study was set out to assess the innovative money-collecting systems strategy for enhancing own-source revenue in Isiolo County. The rational expectations theory of technology guided it. A cross-sectional descriptive survey research design was applied. Data was collected from the revenue-generating departments and county assembly-budget and finance committee. Since the target population (60) was small, all were included in the study. The content, construct, face validity, and reliability were applied to check the quality of the questionnaire used in data collection. Mean, frequencies, percentage, and factor analysis were computed using statistical package for social sciences, while regression analysis was used to test the hypothesis. The study found that Isiolo County heavily relied on equity share to execute its functions despite gazetting own-source revenue streams. One drawback was the weak innovative money-collecting systems strategy. The study noted a weak electronic revenue collecting system, hence, loopholes in own-source revenue mobilization initiatives. The need to re-address innovative money-collecting systems strategy was evident; hence the county government should adopt e-billing, e-payment, and security controls systems in collecting own-source revenue. The findings have implications on systems for collecting own-source revenue, budgetary allocation and further affect practices in collecting own-source revenue in Isiolo County government and others.
  • Thumbnail Image
    Item
    Relationship between Knowledge Management and Innovative Work Behavior among Commercial Banks in Meru County, Kenya
    (Stratford Peer Reviewed Journals and Book Publishing Journal of Strategic Management, 2019) Ndwiga, Christine Mwendwa; Gichohi, Paul; Nkaabu, Clement
    To examine the extent to which knowledge management (KM) influences innovative work behavior (IWB) among the staff of commercial banks in Meru County, Kenya. Descriptive survey design was adopted. A structured questionnaire used to collect data in 20 commercial banks in Meru town with a population of 213 using a clustered random sampling on a sample of 110 comprising of top, middle, and lower levels management. A response rate of 92% was established. Content & convergent validity ensured data quality while cronbach's alpha value (0.7) tested the reliability of the questionnaire. Data was analyzed using the SPSS software and computed using Descriptive statistics and inferential statistics. Findings indicated a moderate positive correlation between KM and IWB. KM process (acquisition, sharing & application) was well established in banks processes. However, IWB process (idea generation, promotion and realization) was not well structured. Tacit knowledge requires knowledge champions as enabled by empowered leadership. To the knowledge of the authors, no previous studies have analyzed the relationship of KM and IWB nor the approach in the context of commercial banks in Meru County.
  • Thumbnail Image
    Item
    Effect of Cash Management Automation on Financial Management in Meru County Government
    (International Journal of Finance, 2019) Mugambi, Bonface Mutuma; Gichohi, Paul; Kambura, Susan
    The main purpose of the study was to find out if ICT adoption has a significant effect on financial management in the Meru County Government. Effective public financial management has attracted attention of many scholars in identifying the best practice and how to install fiscal disciplines. In search of good governance and sound financial management, the World Bank has been at the fore front in championing this aspect. Lack of effective financial management practices hinders effective service delivery. Technology Acceptance Model (TAM) theory is one of the model used to explain how technology is accepted by the users. Descriptive survey research design study was used. The population for this study composed of the Meru county government staff. The sample size was 70 respondents in total, questionnaires were used as the research tool whose validity and reliability was measured accordingly. Mean and regression analysis was computed when analyzing data. The findings established that Cash management automation enables county leadership to understand the true cost of service delivered by the county per activity; that Through Cash management automation, the county finance department is able to reconcile transactions data in real-timeOn Cash management automation the study concludes that successful cash management automation in any institution is essential due to difficulties that come with accessing credits whenever an organization is facing liquidity several constrains. From the findings on cash management automation the study recommends that automation systems should be fully implemented as it increases cash management. For Meru county Government to realize growth, investment in technology should be made in order to enhance service delivery and transparency in cash management.