School of Business & Economics: Recent submissions
Now showing items 101-120 of 174
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Determinants of Consumers’ Adoption of Mobile Parking Payment Services in Kenya
(Sabinet, 2016)We conduct a study on consumers‟ satisfaction and acceptance of mobile parking service: EJIJIPAY, in Nairobi City-Kenya. We begin by assessing consumers‟ satisfaction of EJIJIPAY since its launch. We perform factor ... -
Access to Finance for Women Entrepreneurs in Kenya: Challenges and Opportunities
(Scholarlink Research Institute, 2017)This study investigated the challenges and opportunities affecting access to finance for women entrepreneurs in Kenya with the aim of making positive contributions to the Kenyan economic recovery strategies and ... -
Effect of Liberalized Financial Policy on Commercial Banks Performance in Kenya
(Scholarlink Research Institute, 2017)The objective of this study is to examine the effect of liberalized financial policy on commercial banks performance in Kenya. This study moves away from popular scholarly discussion focused on the impact financial controls ... -
Expansion formulas for European quanto options in a local volatility FX-LIBOR model
(World Scientific Publishing Company, 2018)We develop an expansion approach for the pricing of European quanto options written on LIBOR rates (of a foreign currency). We derive the dynamics of the system of foreign LIBOR rates under the domestic forward measure ... -
Financial Time Series Modelling of Trends and Patterns in the Energy Markets
(Scientific Research Publishing Inc, 2016)Precise recognition of a time series path is important to policy makers, statisticians, economists, traders, hedgers and speculators alike. The correct time series path is also a key ingredient in pricing models. This ... -
Utility indifference pricing of derivatives written on industrial loss indices
(North-Holland, 2016)We consider the problem of pricing derivatives written on some industrial loss index via utility indifference pricing. The industrial loss index is modeled by a compound Poisson process and the insurer can adjust ... -
Effect of Microfinance Credit on SMEs Financial Performance in Kenya
(Scholarlink Research Institute, 2017)The Small and Medium Enterprises (SME) sector is important for the growth of the economy in any developing country. Similarly, microfinance credit facilities are crucial to SMEs financial performance as they facilitate ... -
Regime-Switching Model on Hourly Electricity Spot Price Dynamics
(Scientific Research Publishing Inc., 2018)A robust time-varying regime-switching model for price dynamics of hourly spot price of electricity on the electricity market is developed. We propose a two-state Markov Regime Switching (MRS) model that gives weight to ... -
On Steady Dividend Payment under Functional Mean Reversion Speed
(Scientific Research Publishing Inc, 2016)We study how firms’ management can ensure steady dividend growth and payout to the shareholders in an emerging market. We create the dividend equalization reserve account whereby during high profit some amount of money ... -
Factor Analysis of Customers Perception of Mobile Banking Services in Kenya
(Sabinet, 2013)Mobile banking service, M-Shwari, allows users to save, earn interest and borrow loan over a short period of time using their mobile phones. The service has a potential to spur economic growth if consumers could understand ... -
Interest Rate Risk Management for Commercial Banks in Kenya
(2014)We show empirically that bank’s exposure to interest rate risk or income gap determines the structure of the balance sheet. In particular, we show that in Kenya, commercial banks typically retain a large exposure to ... -
Financial Literacy and Retirement Planning in the Informal Sector in Kenya
(2014)Old age dependency has become a major issue of concern to governments today. This is because a large number of retirees lack any form of regular income to sustain them in retirement. Kenya has one of the highest levels ... -
On Modelling and Pricing Rainfall Derivatives with Seasonality
(Taylor & Francis, 2010)We are interested in pricing rainfall options written on precipitation at specific locations. We assume the existence of a tradeable financial instrument in the market whose price process is affected by the quantity of ... -
Response of Economic Growth to Domestic Borrowing in Kenya
(Amity Journal of Economics, 2017)Kenya envisioned economic growth rate of 10 per cent per annum and a reduction in domestic debt levels to below 25 per cent of GDP by 2012. These targets were not achieved. Whether the slow rate of ... -
The Extent to Which Public Universities in Kenya Experience Managerial and Environmental Challenges
(European Journal of Business and Management, 2014)The environment in which organisations operate is continuously changing, thereby posing challenges to the organisations, and higher education institutions are no exception. This study was undertaken to understand ... -
Relaxing Financing Constraint In The Microfinance Industry: Is Commercialization The Answer?
(The Clute Institute, 2011)A critical question facing Microfinance Institutions (MFIs) is whether they can attract commercial capital as a solution to their financing problem and as a way of relaxing strained development aid. While donations have ... -
The Impact of Core Capital and membership growth on financial performance of Deposit Taking Savings and Credit Cooperatives in Kenya
(2015)Savings and Credit cooperatives commonly known as SACCOs’ are financial organizations formed by members with the same common bond to mobilize savings and later grant loans to the willing members. Prior to 2008 regulatory ... -
The impact of name change on the financial performance of savings and credit co-operatives in Kenya
(Emerald Group Publishing Limited, 2016)Purpose – This paper aims to investigate the impact of name change, if any on the financial performance of deposit-taking savings and credit co-operatives (SACCOs) in a developing country characterized by a vibrant SACCO ... -
Factors affecting institutional transformation for regulated MFIs
(2015)Purpose - Regulating microfinance activities has been an important policy concern in improving financial inclusion and extending financial services to all. However, introducing a regulatory framework of any kind pushes ... -
Does Board Diversity Leadership affect corporate decisions and risk control? Evidence from Kenyan Commercial Banks
(2012)The aim of this paper is to provide preliminary analysis of the relationship between corporate decisions, risk taking behavior and gender diversity. Using a panel of 28 Kenyan banks over the period 2000-2009, the study ...