Budgetary Controls and Financial Expenditure among Tier One Commercial Banks in, Nairobi County, Kenya
| dc.contributor.author | Maina, John Karanja | |
| dc.date.accessioned | 2025-02-03T11:50:13Z | |
| dc.date.available | 2025-02-03T11:50:13Z | |
| dc.date.issued | 2024-11 | |
| dc.description | A Project Submitted to the School of Business, Economics and Tourism in Partial Fulfillment of the Requirement for the Award of Master of Business Administration (Finance Option) of Kenyatta University, November 2024. Supervisor Fredrick Warui Waweru | |
| dc.description.abstract | This study examined the influence of budgetary control practices on financial expenditure among Tier 1 commercial banks in Nairobi County, Kenya. Specifically, it investigated the effects of budget planning, cash management, and audit control on financial outlays. The research was grounded in Agency Theory, Resource Dependency Theory, and Institutional Theory. A quantitative methodology was employed, utilizing a cross sectional survey design. The study targeted a purposive sample of Tier 1 commercial banks in Kenya. Data was collected through self-administered questionnaires and analyzed using both descriptive and inferential statistical techniques. The findings revealed that budget planning, cash management, and audit control practices all had significant positive influences on financial expenditure in Tier 1 commercial banks. A strong positive correlation was found between these budgetary control practices and financial expenditure. Collectively, these practices explained 58.2% of the variation in financial expenditure. The study concluded that effective budgetary control practices were critical in managing financial expenditure in Tier 1 commercial banks. It recommended that banks strengthen their budget planning, improve cash management, and enhance audit control practices to manage financial expenditure more effectively and improve overall financial performance. This research contributed to the academic literature by providing empirical data on budgetary control practices in the Kenyan banking sector. It also offered practical insights for bank managers and policymakers in crafting robust financial management strategies. The study suggested areas for future research, including investigating other budgetary control practices and exploring their impact in different sectors of the economy | |
| dc.identifier.uri | https://ir-library.ku.ac.ke/handle/123456789/29503 | |
| dc.language.iso | en | |
| dc.publisher | Kenyatta University | |
| dc.title | Budgetary Controls and Financial Expenditure among Tier One Commercial Banks in, Nairobi County, Kenya | |
| dc.type | Thesis |