VOLUME 5 , ISSUE 11 Nov-2016

1) Effect of Internal Corporate Social Responsibility on Firm Financial Performance: Evidence from Kenya Commercial Bank.
Author’s Details:  ⁽¹⁾ Valentine Jepkorir Morogo, Part Time Lecturer, University Of Eldoret P.O Box 4390-30100 Eldoret
⁽²⁾ Doreen Chebet Cheluget, Phd Student Jkuat-Part Time Lecturer University Of Eldoret, P.O Box 6427-30100 Eldoret ⁽³⁾Beth Wambui Mwangi, Part Time Lecturer, Kisii University- P.O Box 4390-30100 Eldoret
Abstract
This study investigated the effect of internal corporate social responsibilities on financial performance in Kenya commercial bank. The study was guided by social exchange theory. Explanatory research design was used to find cause effect relationship. The study’s target population was 283 employees from 3 branches of Kenya Commercial Bank in Uasin Gishu County in Kenya. Stratified and random sampling technique was used to select a sample size of 165. Primary data was collected using structured questionnaire and interviews schedule. Data was analyzed using descriptive statistics such as measures of central tendency and inferential statistics such as Pearson correlation and multiple regression model. Multiple regression model was used to test the hypotheses. The study showed that employee welfare (β₁ = 0.172, s.e (β₁) =0.041, ρ=0.000) and equity (β₂ = 0.097, s.e (β₁) =0.043, ρ=0.026) had significant effect on financial performance of firm, Thus, internal CSR practices enhance firm financial performance. Therefore, the study recommends that firms should encourage and promote employee welfare so that employees have the gusto to perform tasks and renewed energy. Moreover, equity should be implemented fully.
Keywords. Internal CSR practices, equity, financial performance, employee welfare
[Download Full Paper] [Page 01-09]
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2) Effect of Mergers on Capital Structure of a Firm.
Author’s Details: ⁽¹⁾Joseph Kiprotich Tuwei-Phd Students, School Of Business And Economics, Moi University ⁽²⁾Leah Jemutai Barno-Phd Students, School Of Business and Economics, Moi University
Abstract
Mergers in Kenya banking industry have grown dramatically since 1994. Some of the reasons put forward for mergers are to meet the increased levels of share capital, market share, firm size, information asymmetry, tax regimes, and to benefit from best global practices among others. The banking industry is consolidating at an accelerating pace yet no conclusive results have emerged on the benefits of mergers. This study sought to establish the effect of mergers on capital structure, using the case of NIC Bank Ltd. The specific objective was to establish the relationship between the bank’s capital structure and its bad loans, size, services and interbank. The study adopted an explanatory research design since it is a cause-effect relationship. It used secondary data from the Nairobi Stock Exchange (NSE). Both descriptive and inferential statistics were used to analyze the data. Regression analysis showed that firm size affected capital structure most (β₂=0.940, p value = 0.002), followed by bad loans (β₁₌0.894, p value = 0.004) and bank services (β₃₌0.641, p value =0.000). Interbank affected capital structure negatively (β₄₌ -0.511, p value=0.003). The study concludes that mergers increased positively the effect of firm size, services and bad loans on capital structure while interbank affected capital structure negatively. The study recommends firms in the banking industry to plan and evaluate mergers while focusing on effects of firm size, bad loan, income from services and net interbank on its capital structure.
Keywords: Market Share, Firm Size, Interbank, Income from Services, Bad Loans, Capital Structure
[Download Full Paper] [Page 10-25]
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3) Effect of Financial Literacy and Performance SMEs. Evidence from Kenya.
Author Details: Prisca Chepngetich-MBM students Department of Accounting and Finance, School of Business and Economics, Moi University
Abstract
The main purpose was to determine relationship between financial literacy and performance of small and medium enterprises in Uasin Gishu County. The study was informed by the theory of planned behavior. The study comprised of 1053 registered SMEs owners in Uasin Gishu County. Cluster and random sampling techniques were used to select a sample size of 290 SMEs. Data was collected using structured questionnaires. Test-retest technique was employed to test reliability of the data collection instruments. Descriptive statistics was used to analyze the data and data was presented in form of frequencies, tables, percentages, means and standard deviation. Inferential statistics and Pearson correlation was used to analyze data. The findings are indicative of a significant effect of borrowing financial literacy and budgeting financial literacy on SME performance. It is recommended that SME owners enhance the training on calculation of interest rate and need to have budget expertise since they dictate whether the budget would be implemented as prepared or not.  Finally, there is need for employees to have the necessary reporting and analyzing skills.
Keywords: Financial Literacy, Borrowing Financial Literacy, Budgeting Financial Literacy SME Performance
[Download Full Paper] [Page 26-35]
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4) Effect of Mobile Money Transfer Service on Customer Satisfaction within Eldoret Central Business District, Kenya.
Author Details: Cheruiyot K. Leonard
Abstract
The purpose of the study will be to effect of perceived usefulness and perceived ease of use of MMT service on customer satisfaction. The study was guided by four research questions. Descriptive survey design method was used to study the population. Stratified random sampling technique was used to select respondents and the data was obtained using structured questionnaires. Reliability test of the instruments was done using Cronbach’s Alpha coefficient while validity was checked using pilot testing. The data was coded, fed into the Statistical Package Software for Social Sciences (SPSS) and analysed using descriptive and inferential statistics and presented using tables and charts. To measure the service quality, expectations and perceptions were compared. The study found out that perceived ease of use, perceived usefulness had a positive and significant effect on customer satisfaction. The study concluded that use of MMT service enhanced customer satisfaction.
Keywords: perceived ease of use, perceived usefulness, Mobile Money Transfer service  and Customer Satisfaction
[Download Full Paper] [Page 36-45]
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5) Determinants of Flight Training Performance. Evidence from Kenya Aviation Training Institutes Kenya.
Author Details: Capt; Njeru Lukas Maina, Phd Students, Department Of Marketing And Management Science, School Of Business And Economics
Abstract
The main purpose of the paper was to establish determinants of flight training performance. This study adopted an explanatory design. The population of this studies 75 pilot students from 17 aviation training institutes in Kenya. The main instrument in data collection was questionnaires Data collected will be analyzed by means of Statistical Package for the Social Sciences (SPSS) and presented through percentages, means, standard deviations and frequencies. The information will be displayed by use of bar charts, pie charts and frequency tables. Based on the findings, resource availability is the most important as it has the highest contribution to pilot training. However, effective training requires sufficient infrastructure and access to instructional materials & technology including computers, printers and internet. Instructors also play an important role in achieving successful training by motivating pilots to improve and to create and maintain a culture of safety. In order to improve the performance of pilot students, instructors need to adopt advanced, appropriate and modern training delivery methods to deliver an embodied, situated learning environment conducive to skill and knowledge development.
Keywords: Flight Training Performance, Resource Availability, Instructors ‘Qualifications And Course Relevance
[Download Full Paper] [Page 46-58]
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6) Effect of Leadership Style on Growth of National Government Constituency Development Fund Projects in Trans Nzoia County, Kenya.
Author’s Details: ⁽¹⁾Reuben Ojiambo Wanyama,Department of entrepreneurship, technology, leadership and management in the school of entrepreneurship, jomo kenyatta university of agriculture and technology ⁽²⁾Dr. Elizabeth Makokha Nambuswa (PhD), Lecturer, Jomo Kenyatta University of Agriculture and Technology ⁽³⁾Prof. Gregory Simiyu Namusonge (PhD) Lecturer, Jomo Kenyatta University of Agriculture and Technology
Abstract
The main purpose of this study was to assess the effect of leadership style on growth of NGCDF projects in Trans Nzoia County, Kenya. The study was informed by situational leadership and trait theories. The study adopted a descriptive survey design. The target population was employees from 25 NGCDF projects in Trans Nzoia County, Kenya. The study used random sampling to select a sample of 174employees. The researcher employed structured questionnaires as instruments of data collection. Reliability test of the instruments was done using Cronbach alpha coefficient. Multiple regression analysis was the appropriate method to examine the relationship between independent variables and dependent variable in this study. Multiple regression analysis was carried out to analyze the relationship between one dependent variable and five independent variables. The study’s outcome gives an insight to project administrators on how much impact the instituted change has on successful implementation of construction projects. Similarly the study is also of help to managers of institutions to gauge the development of their project management systems and assess the appropriate and strategic ways to employ for improvement of their institutions or organizations. The study also adds to the body of knowledge of project management.
Keywords:  Team Work, Employee Motivation, Growth Of NGCDF Projects
[Download Full Paper] [Page 59-68]
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7) Socio-Cultural Factors Influencing Community Participation in Community Projects Among the Residents Inpokot South Sub-County, Kenya.
Author’s Details: ⁽¹⁾John Karamunya-MBA students, Department of Extra Mural Studies, University Of Nairobi ⁽²⁾DR. Patrick Simiyu Cheben, Department of Extra Mural Studies, University Of Nairobi
Abstract
This paper aimed at assessing socio-cultural factors influence community participation in community projects among the residents in Pokot South Sub-County, Kenya. The questionnaire contained both structured and unstructured questions. The study employed Simple random sampling technique to select132households. Structured questionnaire was used to collect primary data. The study identified that 91% of the respondents agreed that there were different forms of community projects and 81% of them had ever participated in the said forms. The study found that social cultural factors such as belief system, dependency ratio, rural urban migration and community resource and community governance hindered the participation their participation in community projects. The study recommends need to embrace the spirit of cultural assimilations and cultural changes as most of the contemporary societies are made up of different individuals having varied cultural backgrounds.
Keywords:Community based organization, Belief System, Dependency ratio, Rural urban Migration, Community Resources and Community Governance
[Download Full Paper] [Page 69-77]
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8) Professional Development of New Faculty Members and Its Impact on Their Performance.
Author’s Details: ⁽¹⁾ Dr. Mohamad Shehada ⁽²⁾ Dr. Sahar Abojaroor –Amman Arab University
Abstract
The main objective of the study is to increase new faculty members’ awareness towards continuing professional development, and to encourage top management to support extensive coaching courses and realize the strong relation between professional development for new faculty members and their performance. The study concluded that top management support for training programs has a great effect on new faculty members’ performance. It showed that new faculty members have really positive attitudes towards continuing professional development. It also asserts that there is a real significant relationship between professional development courses and learners outcomes. The study recommended more learning, coaching and collaboration to new faculty members and top management should encourage them to attend seminars, conferences and social activities.
Keywords: professional development, performance, workshops, learning, coaching, collaboration.
[Download Full Paper] [Page 78-91]
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9) Economic Prospect of Padma Multipurpose Bridge in Bangladesh: A Case Study on the People of these Bridging Areas.
Author’s Details: ⁽¹⁾Mohammod Naymur Rahman^-(2)Md. Zainal Abedin-⁽³⁾Md. Mohiuddin
⁽¹⁾Lecturer, Department of Business Administration, Z. H. Sikder University of Science & Technology, Bangladesh,
⁽²⁾Assistant Professor, Department of Business Administration, Z. H. Sikder University of Science & Technology, Bangladesh,
⁽³⁾Lecturer, Department of Business Administration, Z. H. Sikder University of Science & Technology, Bangladesh,
Abstract:
A country’s economic development generally depends on the degree of infrastructural development of that country. Though Bangladesh is a developing country, its recent government is trying to progress in developing infrastructure as it is one of the most significant prerequisites to the total development of the country. The recent government has taken various and massive initiatives for infrastructure development. Padma bridge construction is the largest and bold project in the history of Bangladesh. The Padma Multipurpose Bridge (PMB), the 25th longest bridge in the world, will be constructed within 2018 aimed at contributing to the overall economic development in Bangladesh by eliminating all hurdles to the south-west corridor and activating economic exchanges between the regions. The purpose of the study is to determine and measure the Economic Prospect of Padma Bridge in Bangladesh including GDP, GNP, standard of living, infrastructure development in transportation and communication, industrial growth and employment opportunities etc. that are hinged on Padma Multipurpose Bridge. Padma Multipurpose Bridge is Government’s self-financing, courageous and biggest project which will cover the entire development of the overall economic activities and ensures quality of life that will be derived from the implementation of the project. From the viewpoint of development researcher, If a country has to develop from economic to social, it must develop its infrastructures The study investigates, measure, and evaluates whether The Padma Bridge would bring economic prospect from the reflection light of peoples’ perceptions. To do this Five-Point Likert Scale has been used to survey people who are inhabitants and experts of these regions. As samples of 100 respondents (selective samples) have been surveyed since they represent all population segments in the country. This paper reports on the findings of a study to examine the economic prospects of the country based on primary and secondary data regarding the project.
Keyword: Padma Multipurpose Bridge, Padma River, Development approach, Infrastructure Development, Transportation and Communication, Government and Development, Government Policy.
[Download Full Paper] [Page 92-101]
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10) Comparative Effect of Guided Discovery and Discussion Teaching Methods on Basic Science and Technology Students’ Achievement and Retention in Keffi Education Zone, Nigeria.
Author’s Details: ⁽¹⁾Peter Ashlame Agu, PHD – Head, Department of Science, Technology and Mathematics Education, Faculty of Education, Nasarawa State University, Keffi, Nigeria ⁽²⁾ Philip Eggon, Aku-PHD Student, Department of Science, Technology and Mathematics Education- Nasarawa State University, Keffi, Nigeria
Abstract:
This study was designed to compare the effect of guided discovery and discussion teaching methods on basic science and technology students’ achievement and retention in Keffi education zone, Nigeria. The study employed a Quasi-experimental research design where pre and post tests were used on settings outside the laboratory. The sample used for the study was 98 Junior Secondary II students. The study used two intact classes where one of the schools served as experimental group, while the other one was used as control group.  Thirty (30) multiple choice test items were developed and validated by three experts in the Department of Science, Technology and Mathematics Education, Nasarawa State University, Keffi. The two intact classes were taught 6 topics, 3 in basic science and 3 in basic technology for a period of six weeks. Guided Discovery was used for teaching the experimental group while Discussion method was used for the control group. Data collected after the treatment was analyzed using means and standard deviations for the research questions while ANCOVA was used to test the null hypotheses at 0.05 level of significance. From the data collected, it was found that students who were exposed to guided discovery performed slightly better and retained more knowledge of the subject than those who were taught using discussion teaching method. However, the results of the hypotheses tests revealed that the differences in the mean achievement and retention scores of the two groups were not significant. Hence, the study recommends that the two methods could be used interchangeably for teaching basic science and technology in secondary schools in keffi Education Zone, Nigeria.
Keywords: Comparative effect, Guided discovery method, Discussion method, Approach, Basic science and technology, Teaching, Achievement, Retention.
[Download Full Paper] [Page 102-109]
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