An Assessment of Debtors Management Practices amongst Large and Medium Sized Firms: A Case of Machakos Town in Kenya

dc.contributor.authorMailu, Faith Mwikali
dc.date.accessioned2021-10-07T10:11:08Z
dc.date.available2021-10-07T10:11:08Z
dc.date.issued2012
dc.descriptionMaster of Business Administration in Financeen_US
dc.description.abstractThe study did an assessment of debtors management practices amongst large and medium firms, a case of Machakos town in Kenya. The study sought to find out the debtor management practices used by the firms; to identify challenges facing debtor management practices by the firms; and to identify policies employed to counter challenges facing debtor management in Machakos Town. Stratified sampling was used to select a sample for the study where analysis was done using descriptive statistics and percentages and data presented in tables and graphs. One key finding was that these firms did not have established procedures for overdue account. However, the study found out that these firms used the 5cs of credit when evaluating the creditworthiness of a buyer. It was thus concluded that debtors management practices amongst these firms were limited, though a significant number of firms often grant credit to their customers which can be attributed to lack of financial management skills. It was hence recommended that these firms should employ more qualified staff to enable them keep track of debtors’ accounts in a more informed manner and only warrant credit on a case by case basis to avoid a higher risk of non-repayment.en_US
dc.description.sponsorshipDaystar University, School of Business and Economics ofen_US
dc.identifier.citationMailu, F. M., (2012). An Assessment of Debtors Management Practices amongst Large and Medium Sized Firms: A Case of Machakos Town in Kenya: Daystar University, School of Business and Economicsen_US
dc.identifier.urihttps://repository.daystar.ac.ke/handle/123456789/3668
dc.language.isoenen_US
dc.publisherDaystar University, School of Business and Economicsen_US
dc.subjectDebtors Management Practicesen_US
dc.subjectLarge and Medium Sized Firmsen_US
dc.subjectMachakosen_US
dc.titleAn Assessment of Debtors Management Practices amongst Large and Medium Sized Firms: A Case of Machakos Town in Kenyaen_US
dc.typeThesisen_US

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