The effects of SACCO societies regulatory authority's regulations on the operations of deposit taking savings and credit societies in Mombasa County
| dc.contributor.advisor | Jagongo, A. O. | |
| dc.contributor.advisor | Ndede, F.W.S. | |
| dc.contributor.author | Kadenge, Irene Dama | |
| dc.date.accessioned | 2013-01-14T13:35:03Z | |
| dc.date.available | 2013-01-14T13:35:03Z | |
| dc.date.issued | 2013-01-14 | |
| dc.description | Department of Business Administration, 62p. The HG 2156 .K4K3 2012 | |
| dc.description.abstract | This research study was conducted to investigate effects of Sacco society regulatory authority's regulations on the operations of deposit taking Sacco's in Mombasa County. The objectives of the study were; to determine the effects of licensing requirement on the operations of deposit taking SACCOS, to establish the effects of capital adequacy requirements on the operations of deposit taking SACCOS, to establish the effects of deposit guarantee fund on the operations of deposit taking SACCOS, to establish the effects of corporate governance requirements on the operations of deposit taking SACCOS and to establish the effects of financial reporting requirement on the operations of deposit taking SACCOS. The target population was the 14 deposit taking SACCOS in Mombasa. The researcher adopted descriptive research design and a census was conducted because 14 SACCOS were too few to be sampled. The researcher targeted the senior management staff and the chairman of the board of directors. The analysis involved a sample of 84 (100 percent) respondents that was involved in the process of data collection. The response rate was 70 (83.3 %) respondents who filled and returned the questionnaire. The data was obtained using self administered questionnaires and analyzed using Statistical Package for Social Sciences (SPSS). Descriptive statistics was used to analyze data using mean, frequencies, standard deviation and percentage and the findings presented using tables. The research findings show that onsite inspection was necessary requirement for licensing on the operations of deposit taking SACCOs with governance and compliance having the highest level of acceptance. The respondents had a high level of acceptance that most Sacco's had met the core capital of not less than 10 million shillings prudential requirement. The findings from the study draws to the conclusion that establishing internal Control Systems, business plan and management information system enhances Sacco ability to operate effectively and efficiently. Majority of the respondents suggested that deposit guarantee fund make members save more with the Sacco, reducing the interest earned on deposits while reducing the dividend payout ranked the highest | en_US |
| dc.description.sponsorship | Kenyatta University | en_US |
| dc.identifier.uri | http://ir-library.ku.ac.ke/handle/123456789/6210 | |
| dc.language.iso | en | en_US |
| dc.subject | Savings and loan associations --Kenya | |
| dc.title | The effects of SACCO societies regulatory authority's regulations on the operations of deposit taking savings and credit societies in Mombasa County | en_US |
| dc.type | Thesis | en_US |