Show simple item record

dc.contributor.authorMwaura, Joan Wanjiru
dc.date.accessioned2021-03-08T09:02:34Z
dc.date.available2021-03-08T09:02:34Z
dc.date.issued2020-11
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/21834
dc.descriptionA Research Project Submitted to the School of Business in Partial Fulfilment for the Award of a Master of Business Administration (Finance Option) of Kenyatta University. November, 2020en_US
dc.description.abstractSavings and Credit Cooperative Societies play an important of enhancing economic stability and the general welfare of its members. However, in Nairobi City County, the only Savings and Credit Cooperative Societies that have continued to grow in terms of profitability include; Mwalimu National SACCO, Harambee SACCO, Stima SACCO, Kenya Police SACCO, Afya SACCO, United Nations SACCO, UNAITAS SACCO and Metropolitan National SACCO out of the existing 41 SACCOs. This is in contrast with the fact that many Savings and Credit Cooperative Societies have been in existence for more than 15 years. In addition, SACCOs have shown an increase in net profit after tax but at a decreasing rate while their assets and membership have continued to increase at an increasing rate. This makes it important to focus on financial performance of Savings and Credit Cooperative Societies with reference to financial risks management. The multipurpose objective of this research was to assess the influence of financial risk management on financial performance of SACCOs in Nairobi City County. The study objectives were; to analyse the influence of liquidity risks management on Financial Performance of Savings and Credit Cooperative Societies in Nairobi City; to establish the influence of credit risks management on Financial Performance of Savings and Credit Cooperative Societies in Nairobi City and to examine the effect of operational risks management on Financial Performance of Savings and Credit Cooperative Societies in Nairobi City. The study is constructed on three theories namely; asymmetric information theory, shift ability theory and agency theory. Descriptive research design was adopted by the study. Target populace included all 41 Savings and Credit Cooperative Societies in Nairobi City County in order to get comprehensive information since it is the county with the highest physical concentration of Savings and Credit Cooperative Societies. Census survey was used and therefore all the 41 Savings and Credit Cooperative Societies were part of the sample. Data collection involved obtaining the financial reports for Savings and Credit Cooperative Societies in Nairobi City County from SASRA’s website for the period between 2014 and 2018. Secondary figures were obtained to guarantee that data collected was accurate as accurate and systematic data collection is critical to conducting research. In an effort to enhance the study’s efficiency, secondary facts were gathered by the use of tables which are based on panel data. Data analysis was done through inferential statistics where panel data was analysed and interpreted using financial performance as the dependent variable. Study outcomes showed that there was a significant effect of financial risks management on financial performance of SACCOs. The study regression analysis outcome revealed that there was a positive influence of liquidity risks management, credit risks management and operational risks management on financial performance of Savings and Credit Cooperative Societies. The research commends that Savings and Credit Cooperative Societies would increase on the usage of liquidity risks management, credit risks management and operational risks management in their operations since it has been found that financial risks management has a positive effect on financial performance of Savings and Credit Cooperative Societies.en_US
dc.language.isoenen_US
dc.publisherKenyatta Universityen_US
dc.subjectFinancial Risk Managementen_US
dc.subjectFinancial Performanceen_US
dc.subjectSavings and Credit Cooperative Societiesen_US
dc.subjectNairobi City Countyen_US
dc.subjectKenyaen_US
dc.titleFinancial Risk Management and Financial Performance of Savings and Credit Cooperative Societies in Nairobi City County, Kenyaen_US
dc.typeThesisen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record