Theses and Dissertations
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Item Modelling The Effect Of Stock Market Development On Economic Growth In Kenya(KCA University, 2016) Muriithi, Moureen N.This study analyzed the effect of stock market development indicators namely market capitalization, total value of shares traded and NSE20 share index on economic growth in Kenya as measured by the gross domestic product for the period 2000 to 2015 on quarterly time series data. The results were reported using the Johansen cointegration test and vector error correction model (VECM) and causality which were analyzed on STATA statistical software. The general objective of the study was to analyze the effects of stock market development on economic growth in. The study found both short run and long run relationship between stock market development indicators used and economic. The cointegration results established that total value of shares traded and nse20 share index had a positive and significant long run relationship with economic growth, while market capitalization had a negative and significant long run relationship with economic growth. The VEC model results established that stock market development indicators had short run relationship with economic growth, and the model speed to adjustment to long term equilibrium was at 75.85%. In the long run market capitalization was negative and significant to economic growth both in the first and second lag while total value of shares traded was positive and significant to economic growth in the first lag while NSE20 share index positive and significant to economic growth in the second lag. The study recommended that capital markets regulators should formulate policies that that will ensure stability of capital markets liquidity, stock market performance as well as regulate allocation of funds to productive investments so as to ensure all pooled funds are allocated to productive investments, which would certainly lead to increased performance and efficiency of the stock markets and hence developing the stock markets which in the long run will foster economic.Item Causes Of Academic Staff Turnover And Their Effect On Performance Of Selected Universities In Kenya(KCA University, 2014) Agola. Christine A.For universities to run successfully in the current world of business, the higher learning institutions are mandated to adhere to the importance of having intellectual capital strategies in their institution planning that happen to be the academic staff. The purpose of this study was to establish causes of academic staff turnover and their effect on performance of selected universities in Nairobi. The target population was 2857 Academic Staff which comprised of 1,600 from University of Nairobi; 49 from KCA University; 1,000 from Kenyatta University and 208 from Strathmore University. The sample size for this study was 10% of the population that is, 286 which was representative enough to generalize the characteristics observed. Questionnaires were the data collection technique used. Content validity was tested by seeking for expert opinion on the contents of the questionnaire. Construct and face validity were tested through a pilot study by administering 10 academic staff from United States International University and a value of 0.731 was noted which proved the reliability of the data in this study. Data was analysed by using Statistical Packages for the Social Sciences. Descriptive statistics; measures of central tendency (means), percentages and frequency distribution; and inferential statistic techniques; correlation analysis, Analysis of variances, Chi-square and Multiple Regression were used to generate the data. Results from the study show that the four variables are significant in explaining the performance of the selected universities at 95% confidence level. The results of the regression summary show that the fitted model y = 3.679 + 0.117 X 1 + 0.100 X2 + - 0.091X 3 + 0.083X 4 is significant improvement of the previous models at 95% confidence level while the coefficient of determination is 76.43% which explain the change on university performance. Correlation coefficient was statistically significant on the number of students supervised being manageable at 0.003, opportunities for academic staff advancement was statistically significant on at 0.009, statistically significant on caring about the academic staff welfare at 0.002 but there was a statistic insignificance when it comes to the availability of teaching resources at 0.29. When other variables ware held constant, an additional opportunity for staff advancement increases the performance of university by 0.1, a unit increase in the number of academic staff not sponsored for training and development reduces the performance of university by 0.091, a unit increase in the measure of academic staff teaching resources increases the performance of university by 0.083 and a unit increase in the number of students supervised increases the performance of the university by 0.117. Suggestion is given that further research may be carried out on causes of academic staff turnover and their effect on performance of selected universities in Nairobi and to point out predictor variables not indicated in this study.Item Effect Of Donor Support By Water Services Trust Fund On The Performance Of Water Service Providers In Kenya(KCA University., 2025-11-11) Atunga, Joseph A.WSTF has been a fundamental part of water sector in Kenya. Much of its work aims at extending water services to those who do not have clean and safe water (Pro-poor). This is done through provision of grants, strengthen Water Services Providers through training, and technical advice through Public-Private Partnerships. It is in this context that WSTF sources funds from government and other development partners to achieve its mission. The support usually has strengthened the WSPs but the extent of the effect to the organizations has not been investigated. The objective of the study is to analyze the effect of donor support by WSTF on performance of Water Services Providers in Kenya. Specifically, the study investigated the effect of Grants, Capacity Building and Public-Private Partnership on performance. Data pertaining support to Water Services Providers was obtained from WSTF’s Water and Sewerage Investment Department. Performance data was obtained from Impact Reports published by WASREB from the year 2009/2010 to 2012/2013. For the purpose of this study a cross-sectional descriptive study was adopted and panel data analysis was used. Grants had a positive effect on metering ratio and turnover while non-on staff performance and cost recovery. Capacity Building sessions had a positive effect on staff productivity and a negative effect on metering ratio and turnover, it further had no effect on cost recovery. Public-Private Partnership had no effect on any performance variable.