Papers by anderson nthimba
Journal of Finance and Accounting, 2021
When investors take part in any investment, the main objective is to increase their wealth. This ... more When investors take part in any investment, the main objective is to increase their wealth. This is achieved when share prices increase. The performance of unit trusts in Kenya has however been poor compared to the counterparts in the rest of the world. The poor performance is a discouragement to individual and corporate investors in addition to affecting the realisation of financial stability according to the Kenya vision 2030. Empirical literature from developed and emerging markets posits that fund size explain the performance of unit trust funds. This study therefore investigated the effects of fund size on the performance of unit trust funds in Kenya. The study adopted an explanatory research design and positivism philosophy. The target population was 16 unit trust firms in Kenya as at the end of the year 2017. The study used a census approach. Secondary data was collected from the audited financial statement of respective unit trusts for the period 2005 to 2017 using a data co...
With increased growth in deposit taking SACCOs in the past few years in terms of membership and d... more With increased growth in deposit taking SACCOs in the past few years in terms of membership and deposits, they have been exposed to more financial risks. To survive the risks, they have to manage risks through various ways. Previous studies done on this area focus on management of risk using specific tools but none addresses the financial strategies employed by SACCOs in totality which is the gap that this study seeks to fill. This study examined financial risk management strategies employed by licensed deposit taking SACCOs in Nairobi County. The specific objectives were to find out whether deposit taking SACCOs employ active oversight board, financial risk management information systems, policies, procedures & limits, risk measurements and monitoring and comprehensive internal controls strategies in financial risk management. The study focused on all 44 deposit taking SACCOs. The population of interest was the risk managers or managing directors of the organizations. The research ...
Journal of Finance and Accounting , 2021
When investors take part in any investment, the main objective is to increase their wealth. This ... more When investors take part in any investment, the main objective is to increase their wealth. This is achieved when share prices increase. The performance of unit trusts in Kenya has however been poor compared to the counterparts in the rest of the world. The poor performance is a discouragement to individual and corporate investors in addition to affecting the realisation of financial stability according to the Kenya vision 2030. Empirical literature from developed and emerging markets posits that fund size explain the performance of unit trust funds. This study therefore investigated the effects of fund size on the performance of unit trust funds in Kenya. The study adopted an explanatory research design and positivism philosophy. The target population was 16 unit trust firms in Kenya as at the end of the year 2017. The study used a census approach. Secondary data was collected from the audited financial statement of respective unit trusts for the period 2005 to 2017 using a data collection schedule. The study established that fund size has significant positive effect on performance in all funds. The study concluded that increase in fund size increases performance. The study recommends that capital market authority should monitor performance of unit trusts constantly and in addition develop merger policies to encourage small unit trust to merge in order to take advantage of economies of scale.
Journal of Finance and Accounting , 2021
When investors take part in any investment, the main objective is to increase their wealth. This ... more When investors take part in any investment, the main objective is to increase their wealth. This is achieved when share prices increase. The performance of unit trusts in Kenya has however been poor compared to the counterparts in the rest of the world. The poor performance is a discouragement to individual and corporate investors in addition to affecting the realisation of financial stability according to the Kenya vision 2030. Empirical literature from developed and emerging markets posits that fund size explain the performance of unit trust funds. This study therefore investigated the effects of fund size on the performance of unit trust funds in Kenya. The study adopted an explanatory research design and positivism philosophy. The target population was 16 unit trust firms in Kenya as at the end of the year 2017. The study used a census approach. Secondary data was collected from the audited financial statement of respective unit trusts for the period 2005 to 2017 using a data collection schedule. The study established that fund size has significant positive effect on performance in all funds. The study concluded that increase in fund size increases performance. The study recommends that capital market authority should monitor performance of unit trusts constantly and in addition develop merger policies to encourage small unit trust to merge in order to take advantage of economies of scale.
Journal of Poverty Investment and Development, 2015
With increased growth in deposit taking SACCOs in the past few years in terms of membership and d... more With increased growth in deposit taking SACCOs in the past few years in terms of membership and deposits, they have been exposed to more financial risks. To survive the risks, they have to manage risks through various ways. Previous studies done on this area focus on management of risk using specific tools but none addresses the financial strategies employed by SACCOs in totality which is the gap that this study seeks to fill. This study examined financial risk management strategies employed by licensed deposit taking SACCOs in Nairobi County. The specific objectives were to find out whether deposit taking SACCOs employ active oversight board, financial risk management information systems, policies, procedures & limits, risk measurements and monitoring and comprehensive internal controls strategies in financial risk management. The study focused on all 44 deposit taking SACCOs. The population of interest was the risk managers or managing directors of the organizations. The research instrument used was questionnaires which were pre-tested to confirm clarity of the questions and their validity and reliability. Data was analyzed using quantitative techniques and then presented using distribution tables. The results revealed that most deposit taking SACCOs employ the strategies of active oversight board, policies, procedures and limits and comprehensive internal controls in financial risk management. The study concluded that SASRA needs to sensitize and educate members on proper financial risk management strategies to be employed by all deposit taking SACCOs and a more so a working management information system.
With increased growth in deposit taking SACCOs in the past few years in terms of membership and d... more With increased growth in deposit taking SACCOs in the past few years in terms of membership and deposits, they have been exposed to more financial risks. To survive the risks, they have to manage risks through various ways. Previous studies done on this area focus on management of risk using specific tools but none addresses the financial strategies employed by SACCOs in totality which is the gap that this study seeks to fill. This study examined financial risk management strategies employed by licensed deposit taking SACCOs in Nairobi County. The specific objectives were to find out whether deposit taking SACCOs employ active oversight board, financial risk management information systems, policies, procedures & limits, risk measurements and monitoring and comprehensive internal controls strategies in financial risk management. The study focused on all 44 deposit taking SACCOs. The population of interest was the risk managers or managing directors of the organizations. The research instrument used was questionnaires which were pre-tested to confirm clarity of the questions and their validity and reliability. Data was analyzed using quantitative techniques and then presented using distribution tables. The results revealed that most deposit taking SACCOs employ the strategies of active oversight board, policies, procedures and limits and comprehensive internal controls in financial risk management. The study concluded that SASRA needs to sensitize and educate members on proper financial risk management strategies to be employed by all deposit taking SACCOs and a more so a working management information system.
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Papers by anderson nthimba