Ethnic Diversity and Financial Performance of Deposit-Taking Savings and Credit Co-Operative Societies in Nairobi County, Kenya

Simple item page
dc.contributor.authorOtieno, Owalo Maurice
dc.contributor.authorNdede, Frederick
dc.contributor.authorAtheru, Gerald
dc.date.accessioned2022-05-09T08:50:56Z
dc.date.available2022-05-09T08:50:56Z
dc.date.issued2021
dc.descriptionA Research Article in the Journal of Accounting and Finance in Emerging Economiesen_US
dc.description.abstractPurpose: The DT-SACCOs have proved to be important in the development and growth of both individuals and economies. However, the overall financial performance of DT-SACCOs in Kenya has not been impressive. Between 2014 and 2018, there was general decline in return on assets and return on equity of DT-SACCOs. The average return on assets was 2.51% in 2014 and 2.25% in 2018. The average return on equity was 33.09% in 2014 and 21.89% in 2018. The study examined the effect of ethnic diversity on financial performance of Deposit-Taking Savings and Credit Cooperative Societies in Nairobi County. Design/Methodology/Approach: Agency theory, stakeholder theory and resource dependence theory guided this study. Explanatory and correlational research designs were used. Descriptive and inferential analysis was conducted. Findings: Ethnic diversity was found to insignificantly predict return on assets (β2 = -.158; p > 0.05) and return on equity (β2 = - .800; p > 0.05). Implications/Originality/Value: The study concluded that ethnic diversity of board members negatively and insignificantly affects financial performance.en_US
dc.identifier.citationOtieno, O. M., Ndede, F. and Atheru, G. (2021). Ethnic Diversity and Financial Performance of Deposit-Taking Savings and Credit Co-Operative Societies in Nairobi County, Kenya. Journal of Accounting and Finance in Emerging Economies, 7(4), 991-1001.en_US
dc.identifier.issn: 2519-0318
dc.identifier.issn2518-8488
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/23703
dc.language.isoenen_US
dc.publisherCSRCen_US
dc.subjectEthnic Diversityen_US
dc.subjectFinancial Performanceen_US
dc.subjectDepositTakingen_US
dc.subjectKenya,en_US
dc.subjectNairobi Countyen_US
dc.titleEthnic Diversity and Financial Performance of Deposit-Taking Savings and Credit Co-Operative Societies in Nairobi County, Kenyaen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Ethnic Diversity ......pdf
Size:
288.47 KB
Format:
Adobe Portable Document Format
Description:
Research article
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
RP-Accounting and Finance Department