This study assessed the influence of quality improvement practices on creative governance success in Tier four public hospitals in Kenya. The study adopted a descriptive correlation research design. The target population was 200 composed of Administrative officers and Mid-level employees from each hospital. A census survey of 200 respondents was used. A Questionnaire yielding an acceptable reliability coefficient 0.7 and response rate of 157 respondents was attained during data collection. The background information was analyzed using descriptive statistics such as frequencies and percentages. The hypothesis testing was done using linear regression analysis. Quality Improvement (QI) practices assessed entailed: Establishment of dedicated quality improvement teams, holding of regular quality improvement meetings, establishing QI procedures/models, evidence of QI data collection and analysis and, monitoring to measure change. Overall, there is implementation of QI practices to some extent in the Tier four hospitals in Kenya. Correlation analysis between QI practices and creative governance indicated a strong positive significant relationship (r= 0.672 p= 0.00,). Creative governance was measured by innovative ideas/products, creative designs of processes, learning new skills, attainment of organization goals, motivated staff and satisfied clients. On testing the study hypothesis, results showed that quality improvement practices influenced creative governance (β= 0.55; p=0.000) but to mere 55% in the case of these selected public hospitals. The study results therefore inform hospital managers on the need to pay more attention to quality improvement practices so that the hospitals may reap the benefits of creative governance which then leads to superior delivery of services.
{"title":"Quality improvement practices and creative governance success in public hospitals in Kenya","authors":"V. Kaluyu, Paul Wachana, E. Kalunda","doi":"10.59952/tuj.v4i1.158","DOIUrl":"https://doi.org/10.59952/tuj.v4i1.158","url":null,"abstract":"This study assessed the influence of quality improvement practices on creative governance success in Tier four public hospitals in Kenya. The study adopted a descriptive correlation research design. The target population was 200 composed of Administrative officers and Mid-level employees from each hospital. A census survey of 200 respondents was used. A Questionnaire yielding an acceptable reliability coefficient 0.7 and response rate of 157 respondents was attained during data collection. The background information was analyzed using descriptive statistics such as frequencies and percentages. The hypothesis testing was done using linear regression analysis. Quality Improvement (QI) practices assessed entailed: Establishment of dedicated quality improvement teams, holding of regular quality improvement meetings, establishing QI procedures/models, evidence of QI data collection and analysis and, monitoring to measure change. Overall, there is implementation of QI practices to some extent in the Tier four hospitals in Kenya. Correlation analysis between QI practices and creative governance indicated a strong positive significant relationship (r= 0.672 p= 0.00,). Creative governance was measured by innovative ideas/products, creative designs of processes, learning new skills, attainment of organization goals, motivated staff and satisfied clients. On testing the study hypothesis, results showed that quality improvement practices influenced creative governance (β= 0.55; p=0.000) but to mere 55% in the case of these selected public hospitals. The study results therefore inform hospital managers on the need to pay more attention to quality improvement practices so that the hospitals may reap the benefits of creative governance which then leads to superior delivery of services.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"9 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75286315","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
As research on internal environment for corporate entrepreneurship evolves, numerousresearchers have acknowledged it as an important strategy in promoting and fostering anenvironment for innovation. The aim of this study was to adopt an entrepreneurship model(Corporate Entrepreneurship Antecedents) predominantly developed and mostly applied indeveloped economies. The model was then to be tested for its adaptability in an emergingeconomy, in this case Kenya and establish its influence on organization performance. This hasremained largely untested. A quantitative study approach was carried out, using a questionnairesurvey to obtain responses from 43 established Kenyan banks. The findings indicated thatentrepreneurship models are contingent on the economic and environmental context.Confirmatory factor analysis identified three specific dimensions that emerged from the originalfive dimensions instrument adopted which are crucial for an environment conducive toentrepreneurial behavior in Kenya. They include top management support, workdiscretion/autonomy and rewards/reinforcement. These antecedents also strongly influenced theorganization performance and therefore offer timely contribution towards advanced research incorporate entrepreneurship in emerging economies. This paper enriches understanding of thecontingent nature of entrepreneurship models, suggesting that emerging country context mattersin terms of organization internal environment for corporate entrepreneurship and its effect onperformance.
{"title":"Corporate entrepreneurship antecedents and organization performance in Kenya: An empirical study","authors":"J. Kamau","doi":"10.59952/tuj.v1i2.166","DOIUrl":"https://doi.org/10.59952/tuj.v1i2.166","url":null,"abstract":"As research on internal environment for corporate entrepreneurship evolves, numerousresearchers have acknowledged it as an important strategy in promoting and fostering anenvironment for innovation. The aim of this study was to adopt an entrepreneurship model(Corporate Entrepreneurship Antecedents) predominantly developed and mostly applied indeveloped economies. The model was then to be tested for its adaptability in an emergingeconomy, in this case Kenya and establish its influence on organization performance. This hasremained largely untested. A quantitative study approach was carried out, using a questionnairesurvey to obtain responses from 43 established Kenyan banks. The findings indicated thatentrepreneurship models are contingent on the economic and environmental context.Confirmatory factor analysis identified three specific dimensions that emerged from the originalfive dimensions instrument adopted which are crucial for an environment conducive toentrepreneurial behavior in Kenya. They include top management support, workdiscretion/autonomy and rewards/reinforcement. These antecedents also strongly influenced theorganization performance and therefore offer timely contribution towards advanced research incorporate entrepreneurship in emerging economies. This paper enriches understanding of thecontingent nature of entrepreneurship models, suggesting that emerging country context mattersin terms of organization internal environment for corporate entrepreneurship and its effect onperformance.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"296 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72548213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The hotel industry is a labour intensive industry with high labour costs on goods and servicesproduced. In order to ensure quality of goods and services at a reasonable price, and compete inthe market, hotels’ and resorts’ management in Kilifi County must have control over theirrecruitment practices, satisfy employees and decrease undesired employee turnover. This paperestablishes the influence of recruitment practices on employee turnover among hotels and resortsin Kilifi County. Employee turnover has been found to be a big challenge for managers andemployees in Kilifi County hotels and resorts and, therefore the most effective way to manage it isthrough adoption of effective recruitment and selection practices. The study adopted bothexplanatory and descriptive research design employing stratified random sampling technique toselect respondents working in the different levels of the hotels. From a target population of 602employees in twenty four (24) hotels, a sample size of 180 respondents was drawn. For datacollection, questionnaire guide was used. Both inferential and descriptive statistics were used indata analysis which thence is presented in tables. The authors recommend making the workforceof employees not majorly composed youth category and hiring professional employees withcollege certificate or diploma for vacant positions. All hotels and resorts should have a humanresource office that handles all human resource related matters and which will spearhead therecruitment and selection function; with an annual budget allocation, a recruitment and selectionpanel, and performance of job analysis before filling of vacancies. Having accurate jobdescriptions and person specifications is a pre-requisite to the process.
{"title":"Influence of recruitment practices on employee turnover in hotels and resorts in Kilifi County, Kenya","authors":"Hannah Orwa Bula, Charles Muriithi","doi":"10.59952/tuj.v1i2.163","DOIUrl":"https://doi.org/10.59952/tuj.v1i2.163","url":null,"abstract":"The hotel industry is a labour intensive industry with high labour costs on goods and servicesproduced. In order to ensure quality of goods and services at a reasonable price, and compete inthe market, hotels’ and resorts’ management in Kilifi County must have control over theirrecruitment practices, satisfy employees and decrease undesired employee turnover. This paperestablishes the influence of recruitment practices on employee turnover among hotels and resortsin Kilifi County. Employee turnover has been found to be a big challenge for managers andemployees in Kilifi County hotels and resorts and, therefore the most effective way to manage it isthrough adoption of effective recruitment and selection practices. The study adopted bothexplanatory and descriptive research design employing stratified random sampling technique toselect respondents working in the different levels of the hotels. From a target population of 602employees in twenty four (24) hotels, a sample size of 180 respondents was drawn. For datacollection, questionnaire guide was used. Both inferential and descriptive statistics were used indata analysis which thence is presented in tables. The authors recommend making the workforceof employees not majorly composed youth category and hiring professional employees withcollege certificate or diploma for vacant positions. All hotels and resorts should have a humanresource office that handles all human resource related matters and which will spearhead therecruitment and selection function; with an annual budget allocation, a recruitment and selectionpanel, and performance of job analysis before filling of vacancies. Having accurate jobdescriptions and person specifications is a pre-requisite to the process.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135891562","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The purpose of this study was to establish the impact of Covid-19 pandemic on water investment financing in Kenya. This paper therefore presents an analysis of the investment financing as prioritized in the water sector since the onset of the Covid-19 pandemic. The study was done through an analysis of the Government of Kenya’s capital financing trends in the water sector targeting the counties of Nairobi, Kiambu and Murang’a during the pandemic period. The findings indicate that there was increased funding to the water sector in general. However, most financing was directed towards emergency works geared towards increased access to water for hand washing to curb the spread of the pandemic. In some cases, this resulted to shifting of resources from the long-term planned and ongoing projects to short-term emergency interventions. Such a shift is likely to negatively impact on the progress made towards the attainment of the Kenya’s Vision 2030 at the national level and the sustainable development goals at the global level.
{"title":"Impact of covid-19 pandemic on investments in the water sector in Kenya","authors":"Christine Mawia Julius","doi":"10.59952/tuj.v4i1.159","DOIUrl":"https://doi.org/10.59952/tuj.v4i1.159","url":null,"abstract":"The purpose of this study was to establish the impact of Covid-19 pandemic on water investment financing in Kenya. This paper therefore presents an analysis of the investment financing as prioritized in the water sector since the onset of the Covid-19 pandemic. The study was done through an analysis of the Government of Kenya’s capital financing trends in the water sector targeting the counties of Nairobi, Kiambu and Murang’a during the pandemic period. The findings indicate that there was increased funding to the water sector in general. However, most financing was directed towards emergency works geared towards increased access to water for hand washing to curb the spread of the pandemic. In some cases, this resulted to shifting of resources from the long-term planned and ongoing projects to short-term emergency interventions. Such a shift is likely to negatively impact on the progress made towards the attainment of the Kenya’s Vision 2030 at the national level and the sustainable development goals at the global level.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"326 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79716700","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The striking of the Covid-19 pandemic, defined by an economic slump, has created an emergency asthe capacity of government and nonprofit services to support communities have been stretched close tobreaking point. Team coaching enables teams to collaboratively co-create structures and processesthat support the needs of organizations. Team coaching has accentuated team productivity, improvedengagement levels, and helped reach commonly accepted team goals as a collective strategic practice.Explanatory sequential mixed-method research design consisting of two distinct phases, namelyquantitative and qualitative approaches, was adopted. The target population constituted 154 AshokaFellows organizations working in 19 countries in Africa. Quantitative data was collected usingstructured questionnaires via an online survey, while qualitative data was collected using interviewguides via Zoom. The collected data were analyzed using SmartPLS software for Structural EquationModeling (SEM) as well as Statistical Package for the Social Sciences (SPSS). The study findingsindicated a significant P-value of 0.012. It was further observed that team coaching accounted for29.2% of the variation in collaborative value. Coaching teams should be encouraged to unleash teams'potential to solve problems and form alignment between how they work, deliver, and their continueddevelopment over time as it creates new insights and awareness and translates the latest insights intomeaningful actions.
{"title":"Effect of team coaching on collaborative value within ashoka fellows' organizations in Africa","authors":"Wamuyu Mahinda, C. Ouma, J. Kamau","doi":"10.59952/tuj.v4i1.153","DOIUrl":"https://doi.org/10.59952/tuj.v4i1.153","url":null,"abstract":"The striking of the Covid-19 pandemic, defined by an economic slump, has created an emergency asthe capacity of government and nonprofit services to support communities have been stretched close tobreaking point. Team coaching enables teams to collaboratively co-create structures and processesthat support the needs of organizations. Team coaching has accentuated team productivity, improvedengagement levels, and helped reach commonly accepted team goals as a collective strategic practice.Explanatory sequential mixed-method research design consisting of two distinct phases, namelyquantitative and qualitative approaches, was adopted. The target population constituted 154 AshokaFellows organizations working in 19 countries in Africa. Quantitative data was collected usingstructured questionnaires via an online survey, while qualitative data was collected using interviewguides via Zoom. The collected data were analyzed using SmartPLS software for Structural EquationModeling (SEM) as well as Statistical Package for the Social Sciences (SPSS). The study findingsindicated a significant P-value of 0.012. It was further observed that team coaching accounted for29.2% of the variation in collaborative value. Coaching teams should be encouraged to unleash teams'potential to solve problems and form alignment between how they work, deliver, and their continueddevelopment over time as it creates new insights and awareness and translates the latest insights intomeaningful actions.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"12 12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90174505","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Many people in institutions or organizations have excellent visions and initiatives but most ofthem don’t see their visions come true because of either lack of resources or mismanagement ofthe mobilized resources. This study focuses on an assessment of strategies used on resourcesmobilization in the Université Chrétienne Bilingue du Congo (UCBC). In particular, the studysought to find out whether community participation, local fundraising, management practicesand marketing strategies affect resource mobilization at UCBC. The study adopted a quantitativeapproach targeting a population of 509 subjects. Stratified and purposive sampling techniqueswere used to get a sample size of 95 subjects. Data was collected using structured questionnairewith Likert scale measurement. The collected data was analyzed using confirmatory factoranalysis method. The results found out that management practices (p-value 0.0018), marketingstrategies (p-value 0.0430), local fundraising (p-value 0.0849) and community participation (pvalue 0.0019) were positive and significantly related to resource mobilization. The study recommends that UCBC considers the significant variables as they affect resource mobilization performance.
{"title":"An assessment of strategies used on resources mobilization: A case of the Université Chrétienne Bilingue Du Congo (UCBC)","authors":"Joel Asiimwe Nzikako, B. Warue","doi":"10.59952/tuj.v1i2.169","DOIUrl":"https://doi.org/10.59952/tuj.v1i2.169","url":null,"abstract":"Many people in institutions or organizations have excellent visions and initiatives but most ofthem don’t see their visions come true because of either lack of resources or mismanagement ofthe mobilized resources. This study focuses on an assessment of strategies used on resourcesmobilization in the Université Chrétienne Bilingue du Congo (UCBC). In particular, the studysought to find out whether community participation, local fundraising, management practicesand marketing strategies affect resource mobilization at UCBC. The study adopted a quantitativeapproach targeting a population of 509 subjects. Stratified and purposive sampling techniqueswere used to get a sample size of 95 subjects. Data was collected using structured questionnairewith Likert scale measurement. The collected data was analyzed using confirmatory factoranalysis method. The results found out that management practices (p-value 0.0018), marketingstrategies (p-value 0.0430), local fundraising (p-value 0.0849) and community participation (pvalue 0.0019) were positive and significantly related to resource mobilization. The study recommends that UCBC considers the significant variables as they affect resource mobilization performance.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"2 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89240507","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper focuses on social capital as a determinant of health micro insurance uptake by informalsector workers in eight regions (Lake, North Rift, Central, Pwani, South Eastern, Frontier counties,Narok-Kajiado and Nairobi) in Kenya. Further moderating effects of mobile telephone technology wasexplored to find out its influence on the health micro insurance uptake. The study target populationcomprised 7,399,347 micro and small enterprises while sample size of 1,387 was selected out of thepopulation using stratified sampling technique. Social capital was found positive and significant (pvalue<0.05) in relation to health micro insurance uptake. The mobile telephone technology was found positiveand significant (p-value< 0.05) in seven regions while Nairobi region, it was found to benegative and insignificant (p- value=0.123). The study found that social capital is an important factorto consider when selling micro insurance products.
{"title":"Social capital and health micro-insurance uptake by the informal sector workers in Kenya","authors":"J. Magambo, B. Warue, L. Mbugua, Dominic Mwenja","doi":"10.59952/tuj.v4i1.154","DOIUrl":"https://doi.org/10.59952/tuj.v4i1.154","url":null,"abstract":"This paper focuses on social capital as a determinant of health micro insurance uptake by informalsector workers in eight regions (Lake, North Rift, Central, Pwani, South Eastern, Frontier counties,Narok-Kajiado and Nairobi) in Kenya. Further moderating effects of mobile telephone technology wasexplored to find out its influence on the health micro insurance uptake. The study target populationcomprised 7,399,347 micro and small enterprises while sample size of 1,387 was selected out of thepopulation using stratified sampling technique. Social capital was found positive and significant (pvalue<0.05) in relation to health micro insurance uptake. The mobile telephone technology was found positiveand significant (p-value< 0.05) in seven regions while Nairobi region, it was found to benegative and insignificant (p- value=0.123). The study found that social capital is an important factorto consider when selling micro insurance products.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"2 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89964745","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper is an analysis of the extent of macroeconomic fundamentals mismatch and theconsequent impact on economic development in Africa, a case of Kenya. A key contribution ofthis paper is to show that the macroeconomic variables such as finance, unemployment,international trade, government fiscal policies, as well as savings and investments by firms andhouseholds interact in the Kenya’s economy; and their total negative impacts owing tomisalignment with key trade sectors contributing the most to economic growth, account for thecountry’s weak pecuniary performance; a trend replicable in the larger Africa. The studyemployed quantitative research design using a self-administered questionnaire and targeted apopulation of 47 managers who are regulators, and commercial bankers, working withinNairobi, Kenya’s capital. Both secondary and primary sources of data were used in eliciting therequisite information essential for the research findings. Stratified random sampling wasemployed to select the sample data. The Statistical Package for the Social Sciences (SPSS)version 20.0 was used in data processing and analyses. The findings indicate that the mismatchof macroeconomic fundamentals in Kenya is significant, with a p = 0.0001, and has far reachingnegative impacts on the country’s economic development. Government fiscal policies, exports,and finance, had more devastating negative impacts on economic development in Kenya. There isa general trend indicating that firms and households tended to take advantage of investmentopportunities despite the unfavourable environment.
{"title":"Empirical study of Africa macroeconomic fundamentals mismatch: Impact on economic development in Kenya","authors":"San Lio","doi":"10.59952/tuj.v1i2.172","DOIUrl":"https://doi.org/10.59952/tuj.v1i2.172","url":null,"abstract":"This paper is an analysis of the extent of macroeconomic fundamentals mismatch and theconsequent impact on economic development in Africa, a case of Kenya. A key contribution ofthis paper is to show that the macroeconomic variables such as finance, unemployment,international trade, government fiscal policies, as well as savings and investments by firms andhouseholds interact in the Kenya’s economy; and their total negative impacts owing tomisalignment with key trade sectors contributing the most to economic growth, account for thecountry’s weak pecuniary performance; a trend replicable in the larger Africa. The studyemployed quantitative research design using a self-administered questionnaire and targeted apopulation of 47 managers who are regulators, and commercial bankers, working withinNairobi, Kenya’s capital. Both secondary and primary sources of data were used in eliciting therequisite information essential for the research findings. Stratified random sampling wasemployed to select the sample data. The Statistical Package for the Social Sciences (SPSS)version 20.0 was used in data processing and analyses. The findings indicate that the mismatchof macroeconomic fundamentals in Kenya is significant, with a p = 0.0001, and has far reachingnegative impacts on the country’s economic development. Government fiscal policies, exports,and finance, had more devastating negative impacts on economic development in Kenya. There isa general trend indicating that firms and households tended to take advantage of investmentopportunities despite the unfavourable environment.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76299607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper provides an analysis of legal insider trading on the Nairobi Securities Exchange(NSE) by using data published by security market. An event study methodology was used todetermine the unit of analysis. The causal research design was used on the event to find outwhether there was any significant difference between pre and post regulation by observing thebehaviour of abnormal returns and stock returns volatility. The sample comprised of 39companies out a population of 55 companies that traded continuously from 1998 to 2010. Themarket model was used to determine alpha and beta to calculate abnormal returns. The GARCHmodel was used to find the significant difference between the pre and post regulation throughstock market volatility. The study results indicate that the regulation analysed had evidence ofabnormal returns that accumulated slowly over the event period of the regulation. The analysis ofregulation on insider trading shows high level of abnormal returns ranging from 0 to 8. Theregulation results indicate reduced volatility during the post regulation as indicated by theGARCH model. Statistical analysis gives an F statistic of 242.5 while the critical F statistic is3.85. The results indicate that investors viewed the regulation as good news to the market. Therewas anticipation among the investors during pre-regulation as reflected by stock volatility duringthe pre-regulation period. The study concludes that regulation of the capital market brings aboutefficiency through reduced volatility and reduced abnormal returns after regulation is enacted bythe government.
{"title":"Effect of insider trading prohibitions: Regulation on security market returns in Kenya","authors":"Gillian Mwaniki","doi":"10.59952/tuj.v1i2.168","DOIUrl":"https://doi.org/10.59952/tuj.v1i2.168","url":null,"abstract":"This paper provides an analysis of legal insider trading on the Nairobi Securities Exchange(NSE) by using data published by security market. An event study methodology was used todetermine the unit of analysis. The causal research design was used on the event to find outwhether there was any significant difference between pre and post regulation by observing thebehaviour of abnormal returns and stock returns volatility. The sample comprised of 39companies out a population of 55 companies that traded continuously from 1998 to 2010. Themarket model was used to determine alpha and beta to calculate abnormal returns. The GARCHmodel was used to find the significant difference between the pre and post regulation throughstock market volatility. The study results indicate that the regulation analysed had evidence ofabnormal returns that accumulated slowly over the event period of the regulation. The analysis ofregulation on insider trading shows high level of abnormal returns ranging from 0 to 8. Theregulation results indicate reduced volatility during the post regulation as indicated by theGARCH model. Statistical analysis gives an F statistic of 242.5 while the critical F statistic is3.85. The results indicate that investors viewed the regulation as good news to the market. Therewas anticipation among the investors during pre-regulation as reflected by stock volatility duringthe pre-regulation period. The study concludes that regulation of the capital market brings aboutefficiency through reduced volatility and reduced abnormal returns after regulation is enacted bythe government.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"29 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91269038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper is an investigation into the relationship between human resource management (HRM) practices and performance of employees in tea factories in Nyamira County, Kenya. The study covered the aspects of employee welfare programs, team working, training, involvement and performance of workers. The study adopted a quantitative research approach using descriptive statistical model to analyze and present data. A sample of 202 was drawn from 425 employees from all the six factories in Nyamira County. Primary data gathering was by use of selfadministered questionnaire. Quantitative data was analyzed by use of descriptive and inferential statistics with multiple regression analysis and content analysis for qualitative data. The findings were presented using means and frequency tables. The findings indicated that a good number of employees were familiar with various HRM practices and that there is a great relationship between human resource management practices and employee performance in tea factories. Majority of the factories have few welfare programs leading to dissatisfaction among employees. Team work is adopted by all the six tea factories and is seen as an important practice in improving employee performance. Performance of workers can be increased by providing employees continuous training and organizing seminars as they face challenges from time to time. Finally, the study concludes that employee involvement is deficient in tea factories. The main reason to this deficiency is lack of appropriate policies and goodwill from the management of the tea factories.
{"title":"Human resource management practices and employee performance in tea factories in Nyamira County, Kenya","authors":"Daniel Oboso Ondieki, H. Bula","doi":"10.59952/tuj.v1i2.171","DOIUrl":"https://doi.org/10.59952/tuj.v1i2.171","url":null,"abstract":"This paper is an investigation into the relationship between human resource management (HRM) practices and performance of employees in tea factories in Nyamira County, Kenya. The study covered the aspects of employee welfare programs, team working, training, involvement and performance of workers. The study adopted a quantitative research approach using descriptive statistical model to analyze and present data. A sample of 202 was drawn from 425 employees from all the six factories in Nyamira County. Primary data gathering was by use of selfadministered questionnaire. Quantitative data was analyzed by use of descriptive and inferential statistics with multiple regression analysis and content analysis for qualitative data. The findings were presented using means and frequency tables. The findings indicated that a good number of employees were familiar with various HRM practices and that there is a great relationship between human resource management practices and employee performance in tea factories. Majority of the factories have few welfare programs leading to dissatisfaction among employees. Team work is adopted by all the six tea factories and is seen as an important practice in improving employee performance. Performance of workers can be increased by providing employees continuous training and organizing seminars as they face challenges from time to time. Finally, the study concludes that employee involvement is deficient in tea factories. The main reason to this deficiency is lack of appropriate policies and goodwill from the management of the tea factories.","PeriodicalId":22453,"journal":{"name":"The Dhaka University Journal of Science","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87369848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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