DSpace Repository :: Browsing by Author "Kosgei, Margaret"

Browsing by Author "Kosgei, Margaret"

Now showing 1 - 8 of 8

Corporate Social Responsibility Expenditure on Environment and Financial Performance of Tea Development Agency Managed Factories in Kenya
(The Strategic Journal of Business and Change Management, 2024) Bosire, Ogero Vincent; Mwangi, Lucy Wamugo; Kosgei, Margaret
Kenya Tea Development Authority registered factories continue to face the challenge of financial performance in regard to declining return on equity across the period 2017-2021. To ameliorate this challenge, Kenya Tea Development Authority firms are undertaking corporate social responsibility activities in order to gain social license in the areas they operate. However, there has been limited empirical evidence linking corporate social responsibility of environment and financial performance particularly on these Kenya Tea Development Authority firms. Thus, against this background, this study determined the effect of Corporate Social Responsibility on environment on financial performance of Kenya Tea Development Authority managed factories in Kenya. The study was anchored on resource-based view theory, stakeholder theory, institutional theory and social contract theory. The study was based on positivism research philosophy guided by explanatory research design. The target population consisted of all the 67 Kenya Tea Development Authority managed factories clustered into 7 Seven regions as at December 2022. The study applied census technique where data was sought from the entire population. Information in its primary form was gathered through structured questionnaire on corporate social responsibility while secondary data from 2017-2021 was obtained on financial performance and firm size. The Statistical Package for Social Sciences was used to compute descriptive statistics that entailed means and standard deviation. Besides, inferential statistics covering regression analysis were used to test the formulated hypotheses. Presentation of the data was done through tables and figures. The study established that Corporate Social Responsibility expenditure on environment (β=0.505, p p<0.05) was a significant predictor of financial performance of Kenya Tea Development Authority managed factories in Kenya. At the same time, firm size was found to have significant moderating effect on the relationship between Corporate Social Responsibility and financial performance of Kenya Tea Development Authority managed factories. The study concluded that there exists significant relationship between Corporate Social Responsibility on environment and financial performance which is moderated by firm size. The study recommended that senior managers working among Kenya Tea Development Authority managed factories in Kenya continue to invest in environmental Corporate Social Responsibility initiatives.
Corporate social responsibility expenditure on environment and financial performance of tea development agency managed factories in Kenya
(strategicjournals.com, 2024-03) Bosire, Ogero Vincent; Mwangi, Lucy Wamugo; Kosgei, Margaret
Kenya Tea Development Authority registered factories continue to face the challenge of financial performance in regard to declining return on equity across the period 2017-2021. To ameliorate this challenge, Kenya Tea Development Authority firms are undertaking corporate social responsibility activities in order to gain social license in the areas they operate. However, there has been limited empirical evidence linking corporate social responsibility of environment and financial performance particularly on these Kenya Tea Development Authority firms. Thus, against this background, this study determined the effect of Corporate Social Responsibility on environment on financial performance of Kenya Tea Development Authority managed factories in Kenya. The study was anchored on resource-based view theory, stakeholder theory, institutional theory and social contract theory. The study was based on positivism research philosophy guided by explanatory research design. The target population consisted of all the 67 Kenya Tea Development Authority managed factories clustered into 7 Seven regions as at December 2022. The study applied census technique where data was sought from the entire population. Information in its primary form was gathered through structured questionnaire on corporate social responsibility while secondary data from 2017-2021 was obtained on financial performance and firm size. The Statistical Package for Social Sciences was used to compute descriptive statistics that entailed means and standard deviation. Besides, inferential statistics covering regression analysis were used to test the formulated hypotheses. Presentation of the data was done through tables and figures. The study established that Corporate Social Responsibility expenditure on environment (β=0.505, p<0.05) was a significant predictor of financial performance of Kenya Tea Development Authority managed factories in Kenya. At the same time, firm size was found to have significant moderating effect on the relationship between Corporate Social Responsibility and financial performance of Kenya Tea Development Authority managed factories. The study concluded that there exists significant relationship between Corporate Social Responsibility on environment and financial performance which is moderated by firm size. The study recommended that senior managers working among Kenya Tea Development Authority managed factories in Kenya continue to invest in environmental Corporate Social Responsibility initiatives.
Financial Planning Practices and Donor Retention Rate of Education-Centered Non-profit Organizations in Nairobi City County, Kenya
(GLOBEEDU Group, 2025-01) Orinda, Victor Omondi; Kosgei, Margaret
This study examines the influence of financial planning practices on donor retention rates in education-based non-profit organizations (NPOs) in Nairobi City County. These organizations are vital in addressing educational disparities in underserved regions, but they have faced increasing donor retention challenges, particularly since 2019. This study relates the need to uncover financial planning practices' effect on the donor retention rate of education non-profits in Nairobi City County. It aimed to evaluate the correlation between budgeting practices and donor retention rates, determine how financial forecasting strategies affect donor retention rates, investigate the effect of cash flow management methods on donor retention rates, and examine the association between risk management approaches and donor retention rates. The study, grounded in stewardship, social exchange, and resource dependency theories, sampled 85 finance and fundraising officers from 109 targeted education-based NPOs. Data were collected through open— and closed-ended questionnaires. Three diagnostic tests were performed before the inferential analysis: the normality, multicollinearity, and heteroscedasticity tests. Descriptive and inferential techniques guided the analysis of data after collection with the help of Excel and SPSS software. The data was analyzed using the Pearson correlation. Multiple linear regression analysis was used as the decision rule for testing the study's hypothesis. The decision rule specified that the null hypothesis rejection or acceptance was established on the coefficient's signage. The findings reveal that all three financial planning practices significantly and positively affect donor retention. The study concludes that effective financial management practices are essential for donor retention and recommends implementing comprehensive financial frameworks. Further research is encouraged to explore these dynamics in other non-profit sectors.
Forensic Auditing and Financial Performance of Kenyan Counties
(Journal of Finance and Accounting, 2025-01) Omucheyi, Rispah Khamonyi; Abdul, Farida; Kosgei, Margaret
County governments collect a small percentage of their own source revenue potential and the absorption rate of their budgets are low, this has slowed performance and service delivery. The study sought to find the effect of forensic auditing on the financial performance of the counties in Kenya. Data was collected from financial statements of 45 counties in Kenya in the custody of the controller of budgets for nine years from financial year 2014/2015 to 2022/2023 except Meru and Homabay because financial statements were not found. The study used a dynamic panel model to examine the relationship between forensic auditing and financial performance of all counties in Kenya and analyzed using R statistical tool. The findings showed that forensic auditing has a significant effect on financial performance of counties at first lag. The study concluded that forensic auditing is important and that each county should ensure that they invest in the forensic auditing function. The study recommends that county leadership, including governors, senators, members of the county assembly, and employees, should invest in forensic auditing. The leadership should ensure that accountants are well-trained in forensic auditing processes and consistently apply these skills. All accounting personnel should possess and practice forensic auditing skills. Additionally, county officials should provide supporting evidence for all activities conducted within or outside their counties to facilitate the forensic auditing process. County leadership should focus on spending strictly on budgeted projects, avoiding both overspending and underspending by monitoring ongoing and upcoming projects. Counties should also exhaust all revenue collection avenues and ensure that collected revenue is utilized for its intended purposes to meet collection targets. The study also recommends that the Institute of Certified Public Accountants of Kenya (ICPAK) should ensure its members are equipped with knowledge of forensic auditing by organizing regular training sessions and seminars to support the function. ICPAK should provide recommendations on accounting policies in counties to enhance the quality of financial statements. Furthermore, through ICPAK’s guidance, counties should establish fully functional audit departments and ensure the independence of audit committee members.
Housing Costs and Financial Health of Housing Development Institutions in Nairobi Metropolitan Area, Kenya
(2025-05) Mokembo, Josephat Nyauncho; Kosgei, Margaret
This study examined the effect of housing costs on the financial health of housing development institutions in the Nairobi Metropolitan Area, Kenya. The study was founded on the theories of housing adjustment, urban economics, positive theory of housing, and Marxist theory of housing. The 53 home development organizations in the Nairobi Metropolitan Area that were registered with the Kenya Property Developers Association made up the study's target population. The study purposively selected 16 institutions. The study employed descriptive statistics for data analysis and utilized the Statistical Package for Social Sciences (SPSS) version 26 as the statistical analysis software. The study found that the financial health of housing development organizations in the Nairobi Metropolitan Area was positively and significantly impacted by building costs (β1=0.018; p-value = 0.000). The financial health of housing development organizations in the Nairobi Metropolitan Area was positively and significantly impacted by operational costs (β1=0.692; p-value = 0.000). According to the study, financing costs had a favorable and significant impact on the financial stability of housing development organizations in the Nairobi Metropolitan Area (β1=0.747; p-value = 0.000). The study concludes that housing development institutions prioritize detailed project planning and efficient resource allocation. It also finds that controlling operating costs is essential for the long-term financial health of these institutions. Housing development institutions should prioritize detailed project planning and efficient resource allocation. It is recommended that housing institutions should control operating costs for long-term financial health. This study recommends that housing development institutions should strive to secure favorable loan terms and explore alternative financing options
Moderating Effect of Audit Committees on Forensic Accounting Techniques and Financial Performance of Kenyan Counties
(Research Journal of Finance and Accounting, 2025-02) Omucheyi, Rispah Khamonyi; Abdul, Farida; Kosgei, Margaret
The aim of the study is to assess the moderating effect of audit committees on the relationship between forensic accounting techniques indicated by (audit opinion, red flag index, audit expenditure, fraud rate and cases reported) and financial performance (indicated by own source revenue and absorption rate) of counties in Kenya. The research was based on correlational research design using data from audited financial statements of counties for 9 years from financial year 2014/2015 to 2022/2023. Data was analyzed using R statistical tool and the model was subjected to instrument validity test, autocorrelation and model specification test then a dynamic panel model was fit. The outcome showed that audit committee size has a moderating effect on the linkage between forensic accounting techniques and financial performance of counties in Kenya to some extent at first lag. The study noted that most counties did not have an audit committee or the audit committee was not functioning fully. The study concluded that every county should ensure that they have an audit committee to oversee the financial functions. The study recommends that each county government leadership should ensure that an independent and qualified committee is in place to oversee the financial reporting exercise. Institute of Certified Public Accountants of Kenya should ensure that they monitor the counties have a fully functional audit committee. The senate could penalize counties that do not have an independent and working committee
Tax Collection Strategies and Compliance of Residential Rental Income Earners in Kasarani Sub-County, Kenya.
(International Journal of Current Aspects in Finance, Banking and Accounting, 2023) Opiili, David Ojuma; Kosgei, Margaret
Financial freedom is one of the goals economies dream to achieve in both developed and developing nations through taxation. However, non-compliance according to previous literature hindered tax authorities from achieving the set tax collection targets. Drop in National Residential rental income tax collection was reported in the year 2020 by Organization for Economic Cooperation and Development in Kenya. Similarly, the Country’s tax authority data revealed reduction in tax collection for Kasarani Sub County in the year 2020/2021. The key objective of this research was to investigate influence that tax collection strategies have on the compliance of residential rental income earners in Kasarani sub-county in Kenya. The specific objectives aimed at determining the influence of taxpayers trust building, Knowledge & tax awareness, modern technology adoption and effective tax law enforcement strategies on the compliance of residential property owners. The research was anchored on the social exchange, reasoned action, technology acceptance and economic deterrence theories. Descriptive research design was applied to evaluate the influence of independent variables on the dependent ones. A population of 871 property owners was considered with 274 respondents obtained from population target in aid of stratified sample model whereas questionnaires were applied in collecting primary data. Analysis of data was run on multiple regression model supported with descriptive techniques. Validity test together with reliability analysis was done using Analysis of Variance and Cronbach Alpha models. Multicollinearity, normality, heteroscedasticity, and linearity tests were undertaken for diagnostic purpose. Study findings indicated that tax payer’s trust building (t=3.399, p<0.05), knowledge & awareness campaign (t=5.732, p<0.05), modern technology (t=2.897, p<0.05) and effective tax law enforcement strategy (t=4.795, p<0.05) had positive and significant effect on the compliance of Residential Rental Income earners in Kasarani Sub County. The study concluded that mutual trust building aided mobilization of public support for tax collection agenda prompting the initially skeptic residential rental income taxpayers to embrace tax compliance, that tax knowledge & awareness strategy positively affected tax compliance, tax collection and reporting through the modern technology based systems proved to significantly support tax compliance and that the tax law enforcement measure is very strategic in influencing tax income collection. Study recommended use of competitive communication skills as a trust building window in formal and informal interactions between the taxpayer and agency on matters tax compliance. The study recommended the training of taxpayers on use of technology and expansion of its tax labs centers networks close at the Sub County level for easy access.
The Effect of Budget Control on Budget Absorption in the Public Sector: Lessons from Nairobi City County, Kenya
(International Academic Journal of Economics and Finance (IAJEF), 2025-09) Ombaso, Jared; Kosgei, Margaret
The relevance of budgeting in the public sector cannot be overemphasised. For efficient service delivery in governments, there need for proper budgeting and implementation of budgets. At the heart of efficient resource is budget control. However, despite elaborate measures and emphasis on budgeting and prudent expenditure, budget control remains elusive. Besides, while absorption rate for recurrent expenditure is high at over 90%, development budget absorption rate in Nairobi County is lower than 20%. This study aimed to investigate the effect of budget control on the budget absorption of the Nairobi City County Government. The study was anchored on stewardship theory. The research design adopted for this study was a cross-sectional research design. Target population was 304 managerial staff in the Nairobi County government from which a sample of 172 participants was selected using stratified random sampling technique. Data from both primary and secondary sources were utilised collected using semi-structured questionnaire and data collection sheet. Descriptive statistics, correlation analysis, and simple linear regression analysis were used to examine the data. SPSS version 25 to was used to analyse the data. Tables, were used to display the results. Descriptive results showed that respondents agreed that there were budget control mechanisms in place in Nairobi City County with an aggregate mean score of 3.894. Correlation analysis revealed that budget control had a strong positive and significant correlation with budget absorption (r = 0.721, p = 0.001). Regression analysis showed that budget control had a significant positive effect on budget absorption (β = 0.512, p = 0.002). The findings emphasize the importance of strengthening budget control mechanisms and aligning budgetary allocation with expenditure to improve budget absorption efficiency in Nairobi City County. The study findings are relevant to various stakeholders, including the Nairobi City County Government. Other county governments in Kenya can also draw insights from the study to enhance their budgeting practices.

Browsing by Author "Kosgei, Margaret"

Results Per Page

Sort Options