Mwengei Ombaba

• Doctor of Finance (Corporate Finance)
• Lecturer at University of Eldoret

The Kenyan government expects that the projects funded by Youth Enterprise Development Fund perform well financially for the benefit of the youth. However, there is poor financial performance as the projects funded by Youth Enterprise Development Fund have been defaulting in loan repayment and the ideal loan recovery rate of 100% has never been ach...

Purpose- This study aims to provide an analytical framework that focuses on environmental knowledge as a mechanism through which social influence enhances pro-environmental behavior among university students. Design/Methodology- The research employed quantitative strategy, cross-sectional survey design, and systematic random sampling techniques to...

Financial sustainability is critical to the survival of an institution because it leads to long-term survival and effectiveness of the institution. The challenge however for all regional governments is how to achieve their goals which solely depends on their ability to manage funds. The purpose of the study was to establish the performance evaluati...

Manufacturing sector play a significant role to the economy. Despite the key role the sector plays, it is experiencing performance challenges with many organizations reporting profit warnings.The purpose of this study was to determine the effect of budgeting planning practiceson the performance of manufacturing firms in UasinGishu County. The study...

Business Finance book puts the essential elements of this discipline in perspective and will allow you to gain a better understanding of today’s dynamic world of finance. The book is recommendable for finance students in undergraduate level and post graduate level. The book is divided into five comprehensive parts this reliable resource will help y...

Housing forms one of the sustainable development goals. In Kenya, it is part of the big four agenda of the Kenyan government. Real estate performance therefore provides an opportunity to achieve these goals. Real estate sector performance financially is important and critical to the overall thriving of the firms in the sector. Failure to meet the r...

Accepted May, 2016 With banks being the major avenue that the CBK relies on to execute monetary policy, the paper sought to investigate whether commercial banks are actually responsive to monetary policy. The study used an Error Correctional Model to estimate a relationship where lending rates were treated as the dependent variable while the indepe...

Financial sustainability is key to the survival of an organization because it leads to long-term survival and effectiveness of the organization. The challenge however for all organizations is how to achieve their goals such as financial sustainability which solely depends on its ability to manage cash. The purpose of the study was to establish the...

The boards of management of institutions play a significant role in monitoring and supervising the institutions. Jensen (1993) argues that the role of the board of directors is crucial in ensuring effective internal control systems. Thus, the board is a corporate governance mechanism that is conceived as device to mitigate managerial self-interest...

The banking sector in Kenya plays a significant role in the economy. Banks provide financial services to the ever-growingbusinesses and act as the mediator of risk. Financial distress is a cause of concern for banks to adhere to their role. Financial distress is one major challenge and if left unchecked more often than not it causes banks to collap...

Flower firms play significant role in Kenya economic growth; however, they face uncertain future on their operations due to overreliance on export earning which is affect by exchange rate fluctuation. The study sought to establish the effect of foreign public debt on export earnings of flowers firms in Kenya. The study was guided by classical theor...

ARTICLE INFO ABSTRACT Firms are seeking to be competitive world over because of the changing business environment. Banks too are seeking for means to gain competitive advantage over each other. One key parameter of achievi this bank need to check and compare the amount of nonperforming loans in their portfolios. The purpose of this study was to det...

Capital structure is the way a firm raises capital to support its operations and future growth by using composition of debt and equity. Therefore, capital Structure is the proportion or mix of securities used to finance a firm consisting of Debt (borrowed) capital and equity (ownership) capital. The choice of capital structure is critical for the f...

Transformational leadership has attracted extensive attention in management research. The influence of transformational leadership on organizational performance is an important aspect. Given the background where greater attention is being paid to transformational leadership in the banking industry, this research aimed to establish the degree of the...

Internal controls is part of internal auditing which is an integral part of the corporate governance mosaic in both the public and the private sectors. The purpose of this study was to establish the effect of internal control on corporate governance in Sacco’s in Nairobi County. The study was guided by the Agency and Stewardship theories. This stud...

PURPOSE: The purpose of this paper was to examine the relationship between the tenure of the board and financial distress of listed firms in Kenya. DESIGN/METHODOLOGY: The research design used in this study was exploratory design. The study employed panel regression analysis and simultaneously used pooled regression and random effects on sample siz...

The evolution of Community Based Organizations in recent year especially in developing countries has reinforced the new that these grassroots organizations are more effective in addressing local needs than larger charitable organizations due to their penetration, networks and perceived neutrality in their areas of operations. The objective of the s...

Due to the dynamic environment, banks are always striving to achieve a competitive advantage. In this sense, they have identified different strategies for diversification in order to survive. The purpose of this study was to determine the effect of bank diversification on financial distress of commercial banks listed in the Nairobi Securities Excha...