Journal Articles

Effects of Budget Planning on Financial Performance of Selected SMEs in Eldoret Town, Kenya Moderated by Digital Finance Services

2026-02-17T09:41:02Z

Effects of Budget Planning on Financial Performance of Selected SMEs in Eldoret Town, Kenya Moderated by Digital Finance Services Jepleting, Gladys,; Tarus, John; Shitote, Zachariah The study intention was to investigate effects of budget planning on financial performance of selected SMEs in Eldoret town, Kenya, moderated by digital financial services. Specific objectives of the study were to examine the influence of budget planning on financial performance and effect of digital financial services on financial performance. The study was designed to assess the moderating role of digital financial services on the relationship between budget planning and financial performance of selected SMEs. The research was guided by the Priority-Based Budgeting Theory and Resource Based Theory. The study utilized explanatory research design and descriptive research design. Simple random sampling techniques in collecting data from 302 selected SMEs using structured questionnaires. Cronbach alpha was applied to test reliability while Factor analysis was applied to test validity. Using SPSS version 23 hierarchical regression model was employed in data analysis and testing of the hypotheses. The results reveal that digital finance services had significantly positive relationship between budget planning and financial performance.

Influence of Green Product Selection Practice on Organizational Performance of Manufacturing Firms in Nairobi County

2026-02-17T08:22:42Z

Influence of Green Product Selection Practice on Organizational Performance of Manufacturing Firms in Nairobi County Mutai, Diana; Keitany, Pauline; Bartocho, Evaline Manufacturing firms in Nairobi County would operate with a strong organizational performance achieving high productivity, efficiency, profitability, and quality standards through green product selection practices. A strong organizational culture supports these practices, fostering employee engagement, innovation, and environmental sustainability. However, the sector faces challenges such as limited technical efficiency, declining GDP contribution, and reduced market share. Despite contributing 17.30% of total tax revenue, the sector's technical efficiency is lower. Therefore, the main objective of this study was to establish the influence of green product selection practice on organizational performance of manufacturing firms in Nairobi County. This study was guided by Ecological Modernization theory. This study utilized an explanatory research design. The study targeted 554 procurement managers of all manufacturing companies in Nairobi County. The researcher obtained sample size of 232 respondents using Yamane formulae. The study used stratified random sampling technique to select respondents from manufacturing companies. These research study used structured questionnaires to collect data. Pre-testing of research instruments was achieved through pilot study in manufacturing companies in Nakuru County which have similar characteristics as manufacturing companies in Nairobi County. This assisted in testing for reliability and validity of the research instruments. Collected data was analysed using both descriptive and inferential statistics with the aid of Statistical Package for Social Science (SPSS) version 25. Descriptive statistics included frequency, means, minimum, maximum and standard deviation. Inferential statistics included correlation and regressions models. The study findings revealed that green product selection practice (β1=0.165, p=0.002) had a positive and significant effect on organizational performance of manufacturing firms in Nairobi County. The study concluded that integrating green product selection, enhances manufacturing firms’ performance, cost-effectiveness, and market competitiveness while advancing their environmental and social responsibilities. The study recommends that firms develop a strong sustainability-focused culture, integrate green product, engage with environmental policies and certifications to maximize sustainability performance.

The Moderating Influence of Enterprise Resource Planning on the Relationship between Electronic Order Processing Systems and Supply Chain Performance of Manufacturing Firms in Uasin Gishu County, Kenya

2026-02-17T07:33:28Z

The Moderating Influence of Enterprise Resource Planning on the Relationship between Electronic Order Processing Systems and Supply Chain Performance of Manufacturing Firms in Uasin Gishu County, Kenya Chepkemoi, Clara; Keitany, Pauline; Shitote, Zachariah Kenyan manufacturing firms face challenges in supply chain performance, including fierce competition, high production costs, and delayed product availability, requiring improved efficiency and cost-cutting strategies. The aim of this study was to investigate the moderating effect of enterprise resource planning on the relationship between electronic order processing system and supply chain performance among manufacturing firms in Uasin Gishu County, Kenya. The study utilized resource-based theory, explanatory research design, a census approach, and a closed ended questionnaire to collect data from 270 heads of 9 departments in 30 manufacturing firms in Uasin Gishu County. A hierarchical regression model was used to test all the study hypotheses. Results of the control variables indicate that firm age (β=.190, P = .021) significantly influences supply chain performance while firm size (β=.101, P=.223) does not. These control variables explain 4.8% of the variance in supply chain performance (R2 of .048). Furthermore, the electronic order processing system (β=.837, P=.000) and enterprise resource planning (β=0.117, P=.003) significantly influence supply chain performance. Finally, enterprise resource planning moderated the link between electronic order processing system and supply chain performance (β=.132, P =.000). This moderation model indicates an improved R2 of .579 and a change in R2 of .083 implying that all the variables in the study account for 57.9% and 8.3% of the variance in supply chain performance. This study contributes to knowledge by examining the interaction of enterprise resource planning and the study variables. The study suggests that manufacturing firms should adopt electronic order processing systems and ERP to enhance supply chain efficiency. In addition, policymakers and managers should develop policies and strategies that encourage investments in these technologies, as they have been found to influence supply chain performance and competitive advantage.

EFFECT OF RECRUITMENT PRACTICES ON EMPLOYEES’ PERFORMANCE IN PUBLIC UNIVERSITIES IN NYANZA REGION, KENYA

2026-02-09T08:36:37Z

EFFECT OF RECRUITMENT PRACTICES ON EMPLOYEES’ PERFORMANCE IN PUBLIC UNIVERSITIES IN NYANZA REGION, KENYA Anditi, Philip Duncan; Ngari, Christine; Bartocho, Evaline Employee performance is integral to organizational success, yet public universities in Kenya have faced challenges in achieving satisfactory performance despite implementing human resource management (HRM) practices. This study aimed to investigate the effect of recruitment practices on employee performance in public universities in Nyanza region, Kenya. The target population comprised of 3,129 individuals, and the sample size of 355 teaching and non-teaching staff were determined using the Yamane formula, employing random sampling techniques for data collection. A structured questionnaire was utilized as the primary data collection tool in a quantitative research design. Cronbach's alpha was calculated for each scale in the questionnaire. Data analysis was conducted using both descriptive statistics and inferential statistics with the aid of SPSS version 23. To ensure reliability, the results were as follows: recruitment practices have a significant positive effect on employee performance ((β = 0.165, p<0.05). The study concluded that recruitment practices have a significant positive effect on employee performance. The study recommended that hiring decisions in universities should always be made on the basis of a person’s potential to do a job. The study recommended that hiring decisions in universities should be made on the basis of a person’s potential to do a job. The recruitment process should continue to be done in a transparent manner and the recruitment processes in the universities should keep on being improved to enhance employee satisfaction. The employee selection process should always be done in an ethical manner and in a manner that is fai

Critical Incident Stress Management and Job Satisfaction among National Police Service Officers

2025-05-14T08:29:00Z

Critical Incident Stress Management and Job Satisfaction among National Police Service Officers Chesang, Lilian; Ngari, Christine; Bartocho, Evaline The purpose of the study was to examine the moderating effect of employee wellbeing on the relationship between critical incident stress management and job satisfaction among the same officers. The study was guided by Two Factor Theory of Motivation. An explanatory research design was employed to explain the cause-effect relationship between the variables. Stratified and purposive sampling techniques were used to collect data from a sample size of 328 respondents derived from Yamane’s formula, with a target population being 1297 police officers using a structured, closed ended questionnaire. A pilot study was conducted in national police service in Nandi County to ascertain validity and reliability of the research instruments. Data collected were analysed using descriptive statistics and inferential statistics. Descriptive statistics were frequencies, percentages, mean and standard deviation. Inferential analysis was carried out through correlation to ascertain the relationships between variables and regression analysis to test the hypotheses. The study findings revealed that critical incident stress management (β1=0.185, p=0.000) had a positive and significant effect on job satisfaction among national police service officers in Uasin Gishu County, Kenya. In addition, results indicated that employee wellbeing moderates the relationship between critical incident stress management (β5= -0.067, p=0.000, R2=.511, ΔR2=.016) and job satisfaction among the national police service officers. The study recommended that the National Police Service (NPS) should enhance mental health services to improve officers' job satisfaction.

Relationship Between Environmental Cost Disclosure and Financial Performance of Manufacturing and Construction Firms Listed in Nairobi Securities Exchange; The Moderating Effect of Firm Size

2025-05-13T09:17:49Z

Relationship Between Environmental Cost Disclosure and Financial Performance of Manufacturing and Construction Firms Listed in Nairobi Securities Exchange; The Moderating Effect of Firm Size Malakwen, J. Ruth; Tarus, John Environmental issues have become increasingly prominent, driving the need for companies to operate transparently and responsibly. This study investigated the moderating effect of firm size on the relationship between environmental cost disclosures and financial performance among manufacturing and construction firms listed on the Nairobi Securities Exchange in Kenya. The study was guided by the stakeholder’s theory. Using a combination of explanatory and longitudinal research designs, the study analyzed data from audited annual reports of manufacturing and construction firms from 2014 to 2021. Data was coded into STATA version 17 and analyzed using both descriptive and inferential statistics. Results indicated that financial performance positively and significantly correlated with environmental costs (r=0.460, p < 0.01), firm size (r=0.416, p < 0.01). Also, environmental costs disclosure positively and significantly correlated with firm size (r=0.213, p < 0.05). The study further established that environmental cost disclosure (β =0.1273701, ρ-value <0.05) had a positive and significant effect on the financial performance of manufacturing and construction companies listed in Nairobi securities exchange. Further, the study found that firm size moderated the relationship between environmental cost disclosure (β= 0.0041, ρ<0.05) and financial performance of manufacturing and construction companies listed in Nairobi securities exchange. This result suggests that the impact of environmental cost disclosure on financial performance is indeed influenced by firm size. Managers should prioritize the transparent reporting of environmental costs, as these disclosures have been shown to positively impact financial outcomes. Hence, firms can demonstrate their commitment to sustainability and responsible business practices, which in turn can attract investors and stakeholder trust.

Effects of Budget Planning on Financial Performance of Selected SMEs in Eldoret Town, Kenya Moderated by Digital Finance Services

2025-03-24T09:54:46Z

Effects of Budget Planning on Financial Performance of Selected SMEs in Eldoret Town, Kenya Moderated by Digital Finance Services Jepleting, Gladys; Tarus, John; Shitote, Zachariah The study intention was to investigate effects of budget planning on financial performance of selected SMEs in Eldoret town, Kenya, moderated by digital financial services. Specific objectives of the study were to examine the influence of budget planning on financial performance and effect of digital financial services on financial performance. The study was designed to assess the moderating role of digital financial services on the relationship between budget planning and financial performance of selected SMEs. The research was guided by the Priority-Based Budgeting Theory and Resource Based Theory. The study utilized explanatory research design and descriptive research design. Simple random sampling techniques in collecting data from 302 selected SMEs using structured questionnaires. Cronbach alpha was applied to test reliability while Factor analysis was applied to test validity. Using SPSS version 23 hierarchical regression model was employed in data analysis and testing of the hypotheses. The results reveal that digital finance services had significantly positive relationship between budget planning and financial performance.

The Moderating Effect of Self-control on the Relationship between Financial Knowledge and Retirement Planning among Commercial Bank Employees in Eldoret Town, Kenya

2025-03-24T09:19:13Z

The Moderating Effect of Self-control on the Relationship between Financial Knowledge and Retirement Planning among Commercial Bank Employees in Eldoret Town, Kenya Cheserek, Gladys; Simiyu, Gabriel; Tarus, John K. Retirement planning is a goal-oriented behavior where individuals devote effort to prepare for their retirement life effectively, thus reducing retirement worry, keeping stress under wraps, and enhancing retirement preparedness and confidence. However, there is little literature about retirement planning among employees working in Kenyan commercial banks. To fill this gap, this study aimed to establish the moderating effect of self-control on financial knowledge and retirement planning among commercial bank employees in Kenya. This study was guided by goal setting,social cognitive, and behavioral life cycle theories. The study adopted an explanatory research design, with data being collected from a target population of 1058 employees of 32 commercial banks in Eldoret town using a closed-ended questionnaire. A sample size of 290 respondents was obtained using Yamane’s formula. The study used simple random sampling techniques to sample the commercial banks, and thereafter the researcher used systematic sampling techniques to select employees as respondents. The study hypotheses were tested using a hierarchical regression model. Results reveal that financial knowledge had a significant positive impact on retirement planning (β =.626, P =.000), confirming that employees with better financial knowledge are more likely to plan effectively for retirement. Similarly, self-control not only directly influences retirement planning (β = .258, P =.000) but also moderates the relationship between financial knowledge and retirement planning (β =.137, P =.000). Results further indicate that the moderation model is a superior model than the direct effect model as it accounts for more variance (60.5%) in retirement planning as shown by R² =.605 compared to 44.9% (R² =.449). This moderation process contributes to new knowledge in literature and theory. These study findings will be helpful to organizations and governments in developing policies and strategies related to retirement systems in the workplace. Limitations and recommendations have also been discussed.

Talent Retention and Competitive Advantage of Star Rated Hotels in Rift Valley and Western Region, Kenya

2025-03-24T08:05:16Z

Talent Retention and Competitive Advantage of Star Rated Hotels in Rift Valley and Western Region, Kenya Ayieko, Almah; et. al... The demand for both local and international visitors has seen local investors in the hospitality industry in Kenya jostle for market share. The arrival of the international hotel brands such as Best Western, Pullman and Park-In among others has increased competition as hotels scramble to provide quality products and services to their customers. Consequently, this sought to explore the influence of talent retention on competitive advantage of star rated hotels in Rift Valley and Western region, Kenya. The study was anchored on human capital theory. The study used simple random sampling to select a sample size of 62 respondents. The study adopted a correlational research design and data was collected using a questionnaire and analyzed quantitatively using both descriptive and inferential statistics. Prior to the actual data collection exercise, the study conducted pilot testing which involved both validity and reliability testing. The findings were presented in tables. The findings revealed that talent retention had a positive and significant influence on competitive advantage of star rated hotels in Rift Valley and Western Region, Kenya (P=0.000). The study concluded that hotel's talent retention strategies are generally effective especially enhancing a minimal employee turnover, a positive corporate image, and the use of succession planning and growth opportunities to retain talent. In view of the findings, the study recommends for the strengthening of the internal talent pool by investing in employee development programs. Encourage internal mobility and provide clear career progression paths to retain and motivate top talent.

Effect of Vendors Managed Inventory on the Performance of Selected Supermarkets in Eldoret City, Kenya

2025-02-19T06:40:32Z

Effect of Vendors Managed Inventory on the Performance of Selected Supermarkets in Eldoret City, Kenya Jelimo, Sharon; Keitany, J. Pauline; Bartocho, Evaline Inventory management practices are key in minimizing costs and maximizing profits, as well as meeting customer demands by making sure there is enough stock at the right quantity and quality and available at the right time and the right place. In Kenya, the retail sector has experienced significant growth, with supermarkets emerging as key players in both urban and peri-urban areas. Eldoret City, a rapidly growing economic hub in the country, has seen increased competition among supermarkets, necessitating the adoption of more efficient inventory management practices. To make sure inventory is managed properly, there needs to be the adoption of vendor managed inventory which promotes collaboration between suppliers and retailers, reducing inefficiencies and improving supply chain performance. The objective of the study was to determine the effect of vendor managed inventory on performance of selected supermarkets in Eldoret City, Kenya. The study was guided by Stochastic Theory. The positivist approach was applied and an explanatory research design was applied. the study target population was 1,004 employees of selected supermarkets in Eldoret City, Kenya. The study sample size was 317 employees, computed using the Yamane formula. The employees were selected using stratified and simple random sampling techniques. Data was collected using structured questioners and items anchored on a five-point Likert scale. Descriptive and inferential statistics was used to analyze data. Results revealed that vendor management inventory was positively and significantly correlated to organization performance [r = 0.796, ρ<0.01 (ρ=0.000)], Results further showed that vendor inventory management had a positive and significant effect on the performance of selected supermarkets in Eldoret City, Kenya. Based on the coefficient [β =.556, ρ< 0.05 (p = 0.000)]. It was concluded that vendor inventory management is positively associated with supermarkets’overall performance. The study Journal of Business, Economics and Management Research Studies2(3)Received:August 23, 2024Accepted:October02, 2024Published:October09, 2024 recommends that supermarket and retail store management shouldexpand the use of VMI in order to know the quantity of stock to order at any given time