School of Business and Economics
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Muriithi, Samuel Muiruri (International Journal of Innovative Research and Advanced Studies, March , 2017)[more][less]
Abstract: Family businesses are the backbone of the world economic where they are associated with economic and social transformation. While majority of large family businesses perform better than corporate or public organisations, there are millions of such businesses that do not survive beyond their first generation of operation. The inability to succeed is associated to several challenges among them trying to accommodate all family members in the businesses, over-specialising and under-specialising in certain functional areas and creating expertise gaps, diverting funds away from businesses and inability to manage family conflict especially relating to generation succession. However, with good strategies to manage family members’ role in businesses, acquiring appropriate expertise, effective management of success across generations, promoting cohesions and talent management, such family businesses can survive across generations and decades. This paper is based on empirical evidences from existing researches and studies aimed at generating lessons that upcoming or start-up family businesses can learn from experienced and well established successful family businesses. The paper is based on over 6000 family businesses studied by leading world scholarly and research bodies. This makes the lessons therein not only credible but very valuable for upcoming family businesses, policy makers and government bodies, all interested in family businesses. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4199 Files in this item: 1
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Muriith, Samuel Muiruri (International Journal of Economics, Commerce and Management, January , 2016)[more][less]
Abstract: Small and medium sized businesses are the engines that drive economic development and contribute significantly to the Gross Domestic Products (GDP) of most countries. The roots of such businesses are the families that form their foundations. To succeed, family business founders must establish strong foundations, structures and succession plans. This paper examined the role of African and Indian business founders in determining the future of their businesses across generations. The study targeted 52 business founders (owners) and managers operating Mombasa City (Kenya) and used stratified random sampling method to identify the respondents. A questionnaire was used as the primary data collection instrument while a documentary analysis was performed to attain secondary data. The paper found that family businesses are predominant among all respondents. It was also found that most Indian families involve family members in business during strategic development and planning. In terms of longevity, Indians businesses lasted longer while African businesses were only a few years old and rarely succeeded across two or three generations. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4198 Files in this item: 1
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Muriithi, Samuel Muiruri; Louw, Lynette; RADLOFF, Sarah E (South African Journal of Economic and Management Sciences, 2015)[more][less]
Abstract: : Leadership effectiveness is critical to organisational performance and survival. To be effective, organisational leaders must possess the right competencies. One vital leadership competency is strategic thinking, which is described as the ability to synthesise and utilise intuition and creativity in order for an organisation to achieve an integrated perspective. Strategic thinking remains a critical area for research, owing to lack of supporting empirical literature, and to theories that give little or no guidance to leaders. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4197 Files in this item: 1
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Irungu, Dancan; Ndegwa, Joyce (IntelPlus Resources, July 8, 2017)[more][less]
Abstract: This book presents the process of strategic planning in a very practical way. The authors have deliberately broken down the complex strategic planning process into simplified and practical stages which the reader will meaningfully relate to. Examples and illustrations have been used in every stage of strategic plan development. This makes it easy for the reader to develop and execute strategic plans in their own contexts. Planning tools and templates have been provided. This makes strategic planning realistic and fun. These tools have been applied by many organizations successfully. Leaders of organizations, business people, students, and individuals who appreciate the transformative value of strategic plans will find this book an essential resource. Description: Book URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4196 Files in this item: 1
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How Strategic Market Entry Modes Influence Internationalization of Small Medium Enterprises in KenyaIrungu, Dancan N. (The International Journal of Business & Management, October 31, 2018)[more][less]
Abstract: The purpose of this paper is to establish how strategic market entry modes influence firm’s ability to expand from the local to the international market. The study looked at how different entry modes determine the level of firm internationalization. Some of the strategic entry modes which medium sized firms have used include exporting, direct investment, licensing and franchising, outsourcing and subcontracting, collaborations and partnerships. The study targeted CEOs and senior managers for 100 Top Medium firms in the category of 2012. Structured questionnaire was administered and both descriptive and inferential statistics were used. The findings revealed that though the mode of entry affects the firm’s ability to internationalize, there are multiple factors that should be considered when deciding to go international as opposed to only one or a few. Description: Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4195 Files in this item: 1
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Mutie, Julia Mutave; Irungu, Dancan Njagi (European Journal of Business and Management, 2014)[more][less]
Abstract: The purpose of the study is to establish the determinants of successful strategic plan implementation using a case of The Church Commissioners for Kenya.The concept and practice of strategic planning has been adopted globally and across sectors because of its supposed influence to organizational performance. However, not all strategic plans get realized and therefore the study seeks to establish those factors that would promote successful implementation of the strategic plans.This study used case study design with the case organization being The Church Commissioners for Kenya. Primary data was gathered by the use of questionnaire instrument from a total of 69 members of Management for the case organization. Data was analyzed with the use of the Statistical Package for Social Sciences (SPSS) version 21. The findings were presented by the use of frequency tables, graphs and pie charts.The key results of the study indicate that leadership, organizational culture, technology and possession of the unique resources are key determinants of successful strategy implementation. Further results reveal that involvement of the stakeholders at the point of strategy formulation is fundamental for it promotes ownership of the strategy plan during implementation. The study concludes that successful strategy implementation requires a combination of different support factors which would ensure that the formulated strategy is successfully implemented. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4194 Files in this item: 1
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Wambu, Carolyne Wanjiku (Journal of Economics and Sustainable Development, 2014)[more][less]
Abstract: Information technology has become a major driver for firm performance in the 21st century. Many firms however, have lagged behind in the adoption of IT which a major drawback given the nature of global competition. The objective of the study is to determine the effects of the adoption of Information Technology on organisational performance which is a survey of firms listed in the Nairobi Securities Exchange. Cross sectional research design was used in the study. The study targeted the chief information technology officers, information technology managers, information system managers and managers involved in policy making decisions on computing systems in all the companies listed in the Nairobi securities exchange. Both open ended and closed questionnaires instrument was used to gather the data. The study found out that competitive advantage, cutting costs, customer service and convenience, enhancing security, and financial management are the attributes that are associated with adoption of information technology and this improves the performance of the firms listed in the NSE. The study concludes that IT adoption has an effect on performance of firms listed at NSE, in addition environmental, strategic and managerial factors have an effect of IT adoption on the performance of organisations. The study recommends that firms should invest in IT capabilities and IT resources in order to spur performance. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4193 Files in this item: 1
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Kagwaini, Dorothy Muthoka (Patridge Publishers., March 31, 2014)[more][less]
Abstract: Have you ever wondered why life sometimes is like a roller coaster? Why sometimes the bad always seems to be getting an edge in the world over the good? As I share my personal life experiences with you, the words in this book shall guide and locate you to the right answers. It is not an easy journey but I promise you it is worth trying. Every one of us will go through moments of life in search of answers like – What is my career? What should I be doing with my life? Whom should I get married to? How many children will I have? What I need to have achieved by a certain age. What if it does not happen as I thought? This book brings the element of faith in God that transcends beyond human thinking. When you willingly accept the help of God and realize that you need Him in your life more than anything else, then your life transforms. You start soaring up to greater heights that you can only attribute it to God’s grace. As long as you understand who you are in this world, what you are meant to be doing; then this world becomes a better place to live in while everyone else is complaining about the world. This is true as you read about the lessons God revealed to me by His love to me. I promise you God’s truth is abstract; it never changes. So wear your jogging shoes and let us run the race… Description: Book URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4192 Files in this item: 1
Exceeding Abundantly.docx (15.19Kb) -
Kagwaini, Dorothy (International Conference on Management and Economics, 2019)[more][less]
Abstract: In the year 2015 the International Accounting Standards Board made a decision to stick to their core business of financial reporting. However, the need for efficient and effective ways of measuring and communicating nonfinancial information is paramount to ensure the realization of corporate reporting disclosure that has been at loggerheads with the traditional financial reporting. The purpose was to provide clarity in how the International Accounting Standards Board could play a more proactive role on corporate reporting disclosures by focusing on artificial intelligence. This will enable preparers to have a clear understanding of which standards would be appropriate when evaluating non-financial information. The paper adopted a qualitative approach whereby white papers from the World Economic Forum as well as journal papers were used. Drawing from the use of artificial intelligence, this paper reported on the current developments of the Global Regulator‘s taxonomy, benefits of corporate reporting disclosures by firms along with practical guidelines for mentality change of Accountants in their profession. Finally, challenges advanced by the artificial intelligence such as societal impacts were argued. It was concluded that the Global Regulator could improve the current taxonomy to include non-financial information. This paper will contribute to the body of knowledge as there is scarcity of published data related to to corporate reporting disclosure in emerging economies as well as their responsiveness to country specific regulators Description: Book chapter URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4191 Files in this item: 1
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Onyango, Damaris; Kyongo, Joanes Kaleli (he international Journal of Humanities and Social Studies,, August 31, 2017)[more][less]
Abstract: The objective of the study was toassess the effectof growth strategies on the performance of small and medium sizetravel and toursenterprises in NairobiCounty, Kenyaand a corresponding hypothesis was formulatedand tested. The study targetted 40 employees from four leading travel firms in Nairobi County and 39 of them responded. Data was collected using structured questionnaires and analyzed by useof Statistical Package for the Social Sciences, Version21. The study found a positive and statistically significant effect of growth strategieson performance of small and medium size travel and tours enterprisesinNairobi County, Kenya. The study findings support the Resource Based View Theory(Barney, 1986)and Schumpeter’sGrowth Theory of Innovation(1934). The study recommends adoption of severalgrowth strategies to leverage potential profitability and internal business processes synergiesfor enhanced enterprise performance Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4190 Files in this item: 1
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Kyongo, Joanes Kaleli (The International Journal of Business & Management, December 31, 2016)[more][less]
Abstract: The objective of the study was to determine the effect of managerial competence, firm-level institutions and human resource management bundles on the performance of publicly quoted companies in Kenya. The corresponding hypothesis was formulated and tested. The study targeted Human resource managers of each of the 64 publicly quoted companies as at December, 2014, and 34 of them responded. The study adopted the positivist research philosophy and a descriptive survey design. SPSS Version 21 was used to analyze data using regression analysis. Research findings from the test of hypothesis established that managerial competence, firm-level institutions and human resource management bundles have positive effect on firm performance. The study finding supports the Resource-Based View, Ability - Motivation theory and Knowledge Space Theory. The study recommends further investigation of the study variables in non-governmental organizations, small and medium sized enterprises and faith-based organizations. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4189 Files in this item: 1
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Kyongo, Joanes Kaleli (The International Journal of Humanities and Social Studies, December 31, 2016)[more][less]
Abstract: The objective of the study was to determine the effect of interpersonal competence on the performance of firms listed on the Nairobi Securities Exchange and the corresponding hypothesis was formulated and tested. The study targeted Human resource managers of each of the 64 firms listed on the Nairobi Securities Exchange as at December, 2014, and 34 of them responded. The study adopted the positivist research philosophy and a descriptive survey design. SPSS Version 21 was used to analyze data using regression analysis. Research findings from the test of hypothesis established that interpersonal competence has positive and significant effect on organizational performance. The study finding supports the Resource-Based View and Knowledge Space Theory which underscore the crucial role of interpersonal competence in company performance. The study recommends further investigation of the study variables in non-governmental organizations, academic institutions and churches. Description: Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4188 Files in this item: 1
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Iregi, Roseline Njeri; Okeyo, Joshua (International JournalofFinance, 2017)[more][less]
Abstract: Purpose:The Study sought to find the relationship betweeninvestment strategies and profitability in the insurance industry inKenyaMethodology:The study adopted a descriptive survey research design.This study used both primary data from the respondents of the research instruments and the secondary data available from the financial statements. Thestudy took 50% of the population as the sample size. Thisyielded 22 insurance companies. Both qualitative and quantitative data was collected using a questionnaire that consisted of both open ended and close ended questions. Data was analyzed using Statistical Package for Social Sciences (SPSS) and results presented in frequency tables to show how the responses for the various questions posed to the respondents. Results:Results indicated that there is a positive and significant relationship between investment strategies and profitability, ROA and ROE of insurance companies. Specifically, it was revealed that passive strategies are more superior to active strategies as they enhance profitability.The results imply that insurance firms invest in local stocks, international equity, cash equivalents, bonds and investment in associates and subsidiaries in an effort to diversify. Unique contribution to theory, practice and policy:The study recommends that insurance firms should continue investing in local stocks, international equity, cash equivalents, bonds and investment in associates and subsidiaries in an effort to diversify their portfolio. It is also recommended that insurance firms should reduce their holdings in real estate to safeguard their liquidity. The study recommends that insurance firms should use passive strategies as opposed to active strategies as this would enhance their profitability. Passive strategies are less costly compared to the active strategies Description: journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4187 Files in this item: 1
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Kirori, Gabriel; Wachira, David; Kiarie, John (African Multidisciplinary Journal of Research (AMJR), February 23, 2022)[more][less]
Abstract: The purpose of this study was to develop an original framework to explore the direct effect of Loyalty programs on a firm’sfinancial performance and to discuss the moderatingrole of company size. The study applies two original concepts-Loyalty programsand companysize to develop an integral model that enhances the firm’sfinancial performance.Secondary data was extracted from financial statements. Explanatoryresearch design which wasnon-experimental in nature was employed to analyze the effect of company size on financial performance of selected service industry firms. Panel data analysis was used to link the relationship between the Loyalty programs, company size and financial performance.Findings indicated that company size moderatesthe relationship between loyalty programs and Financial Performance of the selected firms in the service industry in Kenya Description: Journal URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4186 Files in this item: 1
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Mukiira, Evelyn Maradufu; Musau, Celestine; Munyao, Joseph (International Journal of Supply Chain Management, 2017)[more][less]
Abstract: Purpose: To analyze the effects of experiential marketing in building brand equity for selected brands of Unilever Tanzania. Methodology: The study adopted an explanatory and descriptive research design. Findings: The study found that experiential marketing is the best way to market a product, and senses are heightened when they experience the product/brand firsthand. The study found that experiential marketing practices have a positive effect on consumers and overall brand equity. The study also found that it is a challenge in capturing marketing insights, connecting with customers, building strong brands, shaping the market offerings, delivering and communicating value, creating long-term growth, and developing marketing strategies while building brand equity. Unique contribution to theory, practice and policy: Potential benefits of such a study include raising marketers‟ awareness of the importance of brand equity needs of the FMCG companies by making use of experiential marketing as an avenue to meeting the targets and achieving high returns for each of their brands. This research will benefit Unilever Tanzania and other FMCG companies, as it will provide a roadmap that they can use to market their product/brands better. The research will play a great role in assisting mangers by exploring how they can more effectively ensure that the brands curve out a bigger share of the market by tapping into unutilized opportunities. This insight into the significant role played by experiential marketing could also be used to steer other brands that are looking for value to use this channel of marketing campaigns. Description: Journal URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4185 Files in this item: 1
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Kiarie, John; Kiror, Gabriel N; Wachira, David (Journal of Economics, August 15, 2019)[more][less]
Abstract: Thepurposeofthestudywastodeterminethemoderatingeffectofgearingratioontherelationshipbetween loyalty programs and financial performance of selected firms in service industry inKenya.Thestudyemployedexplanatoryresearchdesignwhichisnon-experimentalinnature.Thetarget population was three (3) telecommunication firms (Safaricom, Airtel and Telkom Kenya),49 supermarkets and 46 Five Star hotels. Since the population of telecommunication firms wassmall, the study used the census survey method. Purposive sampling was used to select 5 bigSupermarketsand16FiveStarhotels.Paneldataanalysiswasusedtolinktherelationshipbetweenthe variables. Similarly, One-Way ANOVA was used to find out if the financial performance ofthe threeserviceindustriesweredifferent.Diagnostictests which includednormality tests,multicollinearity tests, panel unit root tests and fixed and random effect were carried out. Theresultsfurthershowedthatgearingratiohaveanegativeandsignificantrelationshipwithfinancialperformance of service industry. The regression results revealed that gearing ratio improved thestrength of the relationship between loyalty program and Financial Performance of the SelectedFirms in Service Industry in Kenya. Since long term debt provides tax shield for the company,there is every tendency for the company to continue to grow debts, the effect of accumulatingunnecessarydebtsshould formregularpolicydiscussbythemanagement andthedirectors,hencethere should be high-powered committees of the managements and the board to review the debtportfoliofromtimetotime.Thesecommitteesshouldbefirmoninvestment/divestmentofany debtcapitaltoensurethatthecompanystaysafloatall thetimewithoutthefearof anylitigationfornotmeetingupwithallpresentandpreviousobligations Description: Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4183 Files in this item: 1
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Waithima, Abraham (VDM Publishing House Ltd, September 13, 2011)[more][less]
Abstract: The problems that have held you back are that too many resources are lost to corruption yet not a single high level official has been held to account. Institutions lack faith… Too many times Kenya is torn apart by ethnic violence manipulated by leaders… Too many young people have hit a dead end". This observation made by Joe Biden in his visit to Kenya underpins the problem of corruption in Kenya which is the main focus of this book. In this book, Abraham uses experiments to supplement findings from surveys. Abraham studies the impact of gender composition and ethnic heterogeneity on corruption. He provides evidence on how gender composition and ethnic balance may be used in the fight against corruption. Abraham revisits the impact that the institution of harambee may have on corruption. To the extent that the institution of harambee is viewed as a positive force, and one that should be protected, Abraham suggests that harambee could be utilized to harness efforts aimed at rooting out corruption and ensure the provision of public goods. This book is recommended to policy makers and experimental economists Description: Book URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4182 Files in this item: 1
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Muriith, Samuel Muiruri (European Journal of Research and Reflection in Management Sciences, 2018)[more][less]
Abstract: The last few decades have witnessed the meteoric rise of China as a world economic champion in terms of development, growth and impact, a move that seems to destabilize the economic and political dominance of the Western countries. However, the Chinese economic growth is not an accident but is a well-orchestrated plan meant to transform the country and its business enterprises. From a state controlled socialist economy, China has adopted open door policy, market oriented approach and political changes meant to navigate the country into a global market leader. At the heart of Chinese economic development is the Small Medium Enterprises (SMEs) sector. Recognising the central role played by SMEs, the Chinese Government integrated SMEs agenda in its national and social development strategic planning leading to development of numerous legislations and policies meant to promote and boost SMEs growth. Currently SME businesses are spread in all major sectors from manufacturing, constructions, agriculture to service industries. Some laws implemented to promote SMEs include eradicating barriers to growth, establishing equal level playing ground rules for all businesses, promoting scientific and technological innovations, and creation of conducive competitive atmosphere. As a strategy to ensure local and regional growth of SMEs, the government classified the businesses in terms of their absolute advantage. The move has seen categorisation of development into four main categories, namely township and village-based enterprises, private enterprises, state-owned businesses (SOEs) and jointventures. It is this strategy that has seen industries rise in all major regions resulting to development and employment creation across China. Comparing the Chinese Government’s role in supporting SMEs and African governments shows a sad reality. Although SMEs in Africa accounts for 95% of all businesses, 50% of GDP and 60% of employment, their rate of failure range from 50% to 90%. Unlike China, African governments have been accused of making it difficult for SMEs operations. With little or no incentives, SMEs have to contend with heavy taxes, high cost of production, lack of finances and poor legal and legislation structures. This paper presents Chinese Government as a model of how African countries can promote SMEs to steer development and transformation of their economies. The paper recommends that African governments prioritise SMEs as key pillars of economic and social development of individual countries and the continent as whole. Description: Journal Article URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4181 Files in this item: 1
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Muriithi, Samuel M. (UPA, April 16, 1996)[more][less]
Abstract: The goal of this book is to provide practical solutions to save Africa and its people from an "African crisis" that is threatening to destroy the nation and eliminate human survival. The author, an African himself, argues that this crisis is manifesting itself in the form of social, political, and economic upheavals. He discusses major issues such as unemployment, famine, hunger, malnutrition, overpopulation, ethnic wars, power struggles, debt, democracy, colonialism, and corruption. He argues that Africa suffers from the exploitation of outsiders. Based on this argument, Muriithi develops a strategic approach for developing Africa and bringing hope to its people. The study promotes that the three key determinants of African development are positive change in its society and culture, its demography, and its economy. The author suggests that through organization, discipline, education, and coalition, such changes can be made. African Crisis: Is There Hope? will serve as an appropriate text in African Studies courses focusing on the nation's problems, development, economy, and third world crises. This detailed and reflective work will also appeal to students and scholars alike, politicians, African development agents, donors, and world leaders. Description: Book URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4180 Files in this item: 1
African Crisis, Is There Hope.docx (13.97Kb) -
Muriithi, Samuel M; Ndikumana, L (Cambridge University Press, May 23, 2013)[more][less]
Abstract: exception of Goran Hyden, express similar sentiments about foreig donors in Kenya, Tanzania, and Uganda. Most troubling and least empir cally and realistically grounded, are Hyden's arguments that structural adjustment is the "price that Africa is paying for excess...," "an inevitab process... to get African countries to take greater responsibility for the own affairs..." and "provide [s] a sense of relief, maybe even freedom.... Service Provision Under Stress in East Africa provides a captivating and crit ical analysis of service provision in East Africa. Each chapter provides an in- depth look at central issues governments, non-governments, and ordina folks in Kenya, Tanzania, and Uganda are facing as they attempt to provi and access needed services. The calls of contributors to clarify exactly wh privatization means in the era of SAPs is timely. It accomplishes its goal explaining interorganizational relations between the state, foreign donor NGOs, and POs. A section on gender would have been most useful in furthering our understanding of the differential impacts of privatization on women and men as different service provision and service recipient populations. I rec- ommend this book most highly to academicians, policy makers, develop- ment field workers, and students of service provision and organizational behavior. Description: Book URI: http://repository.daystar.ac.ke/xmlui/handle/123456789/4179 Files in this item: 1