https://repository.kcau.ac.ke/handle/123456789/5 2026-06-04T10:11:16Z 2026-06-04T10:11:16Z Omae, Peter K https://repository.kcau.ac.ke/handle/123456789/1570 2025-02-04T12:45:19Z 2025-01-01T00:00:00Z

Post-Devolution Household Healthcare Expenditures in Rural Kenya Omae, Peter K Introduction: Despite improvements in a country's income during the era of decentralization, catastrophic expenditures persist. This study aimed to establish the determinants of household healthcare expenditures in rural Kenya. Methods: The study utilized data from the Kenya Household Health Expenditure and Utilization Survey (2018). A multiple regression model was employed to estimate the impact of respective determinants on post-devolution health expenditures in rural Kenya. The Ordinary Least Squares (OLS) estimation technique was adopted. Results: The gender of respondents, marital status, medical insurance, and chronic illness were found to be positively related to health expenditures, whereas education levels (primary, secondary, and higher levels) and wealth index (second and third wealth quintiles) were significant predictors but had a negative relationship with health expenditures. Recommendations: The study suggests promoting gender equality in healthcare access and implementing incentives and training programs to encourage men to practice preventive care, thereby reducing hospital visits. Additionally, the study recommends the creation and implementation of awareness programs across organizations, schools, and government agencies. Empowerment programs should be established to help the population lower hospital visits, consequently reducing healthcare expenditures. Furthermore, the government should increase the number of public health facilities to enhance access to subsidized services in rural areas.

2025-01-01T00:00:00Z Maina, Peter N Wingard, H C https://repository.kcau.ac.ke/handle/123456789/1513 2024-02-20T13:44:32Z 2013-01-01T00:00:00Z

Small And Medium-sized Entities in the Agricultural Sector: Fair Value Reporting Challenges Maina, Peter N; Wingard, H C Biological assets should be valued at fair value less point of sale costs only if an active market exists. The quoted price in an active market is the appropriate basis for determining the fair value of the asset. The objective of this research was to identify the challenges in respect of fair value reporting on the part of small- and medium-sized entities that publish general purpose financial statements, but that do not have public accountability in implementing the requirements of the International Financial Reporting Standard for Small and Medium-sized Entities. Through the research it was established that in Kenya the commodity markets operate in a simplified auction system with no clear price discovery mechanism. The lack of an active and transparent market is a serious challenge in terms of the application of fair value to biological assets. Consequently, most of the farmers prefer to model the market information available. In the light of the diverse nature of agricultural produce, this article recommends virtual trading and development of commodity futures in order to reduce the market access cost, to improve accessibility to market information and to transform the role of middle traders to that of market linkages.

2013-01-01T00:00:00Z Mungai, Susan M Njoroge, Peter https://repository.kcau.ac.ke/handle/123456789/1511 2024-02-20T11:33:34Z 2023-01-01T00:00:00Z

Influence of Non-Accounting Information on Credit Decisions of Microfinance Banks in Kenya Mungai, Susan M; Njoroge, Peter Supporting the operation and administration of microfinance banks over a lengthy of time is becoming a rather difficult and challenging concern for microfinance banks in developing countries. Among other issues, their customers’ non-performing loans greatly affect the microfinance banks profitability, leading to failure to sustain themselves over a reasonable length of time. This calls for proper credit management by the microfinance banks, thus need to manage and formulate policies related to credit risk management. One method is to put in place suitable credit approval methods aimed at reducing loan default rates. This study assessed the influence of non-accounting information that is utilized by microfinance banks in making lending decisions. The research was underpinned by four theories namely; equilibrium theory of credit rating, agency theory, theory of planned behaviour and decision-making theory respectively. The study adopted a quantitative methodology in which case data was gathered using structured questionnaires. In this study the main data collection instrument used was questionnaires which were carefully designed, tested and evaluated to assure validity of the research instrument. The correlation analysis showed that credit history, credit utilization and financial literacy significantly and positively influence credit decision in microfinance banks in Kenya. These findings were confirmed by the regression analysis where credit history, credit utilization and financial literacy each registered a positive and significant beta coefficient. The study made the conclusion that financial literacy, credit utilization and credit history were very instrumental in credit decision making among the microfinance banks in Kenya. It is therefore recommended that microfinance banks keep information about both current and potential borrowers which may be useful on decisions concerning credit to customers. On further studies, this study recommends that similar research be done using other variables to establish which other factors have impact on the credit decisions among microfinance banks in Kenya.

2023-01-01T00:00:00Z Ogutu, Victor O Njuguna, Peter https://repository.kcau.ac.ke/handle/123456789/1510 2024-02-21T12:49:42Z 2024-01-01T00:00:00Z

The Influence Of Financial Flexibility On Firm Value Of Non-financial Companies Listed At The Nairobi Securities Exchange In Kenya Ogutu, Victor O; Njuguna, Peter The purpose of this study aimed to examine the influence of financial flexibility on the firm value of listed non-financial corporations at the NSE in Kenya from the period 2011 to 2019. Specifically, this study examined the influence of cash holdings; debt capacity; and financing cost restrictions on firms’ value of listed non-financial companies quoted at the NSE. The study further examined the moderating role played by firm size in the association between financial flexibility and firm value of non-finance companies quoted at the NSE in Kenya. The study was underpinned by the free cash flow theory, the trade-off theory and the pecking-order theory. The study adopted descriptive longitudinal research design and focused on all the 37 non-financial listed at the NSE as of December 31, 2020. However, firms that were financially distressed as of the time of data collection did not form part of the study. As a result, only 31 firms with 272 firm-year observations formed part of the study. The study utilized panel data that was analyzed using panel multiple regression analysis and aided by the STATA statistical package. To ensure the non-violation of statistical assumption and to allow for remedial action when a violation occurred, diagnostic tests were carried out. Hausman specification test results favoured the use of the random-effects model.

2024-01-01T00:00:00Z