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Collapse of companies in Kenya has been on the rise in the recent past. Far reaching endeavors to resuscitate these liquidating and ailing firms have generally been attributed on their corporate financial management decisions.  Multinationals and KTDA managed tea firms in Kenya have been performing poorly in the recent past where audited financial statements and reports revealed a warning signal on its financial performance. Specific objectives of the study were to determine the effect of the accounts receivables period, accounts payables period, inventory conversion period, cash conversion cycle, financing policy, investing policy and moderating effect of ownership structure on financial performance. The study illustrated that accounts receivables collection period is negatively related to return on assets (? = -0.1299, p=0.0160),  accounts payables payment period is negatively related to return on assets (? = -0.0843, p = 0.0070), inventory conversion period is negatively related to return on assets (?= -0.0623, p=0.0180), cash conversion cycle is negatively related to return on assets (? = -0.1107, p = 0.0030), financing policy is positively related to return on assets (? = 0.1589, p = 0.0000), investing policy is positively related to return on assets (? = 0.0291, p = 0.0000).

The purpose of the study was to determine the moderating effect of environmental uncertainties on the relationship between lean supply chain strategy and the performance of manufacturing firms in Kenya. The study utilized a descriptive research design. The target population was 829 supply chain managers or directors from manufacturing firms around the country. A sample of 270 supply chain or procurement managers was selected using stratified random sampling. Results indicated that lean supply chain strategy explained 60.7% of the total variations in the performance of manufacturing firms. In addition, lean supply chain strategy had a positive and significant effect on the performance of manufacturing firms. With the introduction of moderating variables (environmental uncertainties); lean supply chain strategy explained 33% of the total variations in the performance of manufacturing firms. This denoted those environmental uncertainties had a negative moderating effect on the relationship between lean supply chain strategy and performance of manufacturing firms in Kenya. The study concluded that lean supply chain strategy had a positive and statistically significant effect on the performance of manufacturing firms in Kenya.

Liquidity risk is the potential that an entity will be unable to acquire the cash required to meet its short and intermediate-term obligations. Deposit-taking Savings and Credit Cooperative Organisation (SACCOs) face liquidity risk when they are unable to fund their operations and lending requirements to their members as and when circumstances demand. Given that liquidity is a key phenomenon on the optimal functioning and financial performance of deposit-taking SACCOs, this study critically analyzed the effect of liquidity risk on the financial performance of DT SACCOs in Kenya. The study used a descriptive survey design and employed regression methods to model the relationship between liquidity risk and financial performance of DT SACCOs. The data were analyzed at a 5% level of significance. The study findings revealed that at a 5% level of significance, liquidity risk had a statistically significant influence on the financial performance of deposit-taking SACCOs. Basing on the findings, DT SACCOs are encouraged to focus on enhancing the mobilization of deposits to ensure that an asset portfolio that minimizes liquidity risk is maintained.

The study aimed at assessing the influence of Access to credit as provided by Youth Enterprises Development Fund (YEDF) on the growth of entrepreneurial youth group-based enterprises and moderating effect of group dynamics on the relationship between access to credit and the growth of entrepreneurial youth group-based enterprises. A cross-sectional survey research design was adopted and it used both quantitative and qualitative data. The accessible population comprised group leaders and Youth development Officers. This study employed stratified random sampling on a population of 255 subjects and a sample size was 156 group leaders out of which 121(77%) questionnaires were returned. The statistical package for social sciences (SPSS) version 21 was used to analyze data. YEDF is a government fund initiative with a nationwide presence in Kenya with Nairobi County as the smallest, most populous, has the highest uptake of the YEDF loans amounting to 2.3 billion, and has the highest loan repayment rate of 48%. The analysis of data revealed that access to credit was significant in explaining the growth of entrepreneurial youth group-based enterprises in Nairobi County. Access to credit had an R of 0.222 and contributed only 4.9% to the growth of entrepreneurial youth group-based enterprise. The study established that when group dynamics was introduced the model remained significant and R improved from 0.222 to 0.390. The study concludes that Access to credit significantly influences the growth of Entrepreneurial youth group-based enterprises in Nairobi county while group dynamics have a predictive effect but has no moderating effect.

This study aimed at evaluating the effect of organizational culture on strategy implementation in Private chartered universities in Kenya. The objective of this study was to ascertain the effect of hierarchy culture on the strategy implementation in Private chartered universities in Kenya. A cross-sectional survey research design was adopted and it used both quantitative and qualitative data as it seeks the effect of organizational culture on the implementation of corporate strategy. The accessible population included University and students’ leaders. This study used both stratified random sampling and the target sample size was 194 employees. The statistical package for social sciences (SPSS) version 21 was used to describe the relationships between dependent and independent variables.  The study used correlation and regression techniques as well as the analysis of variance (ANOVA) to test the study hypotheses.  A multiple linear regression model was also used to derive inferential statistical indicators like the correlation, coefficient of determination, F-statistics, t-test statistic, and the p-value.  In this research Pearson’s correlation analysis was used to test for the existence of multicollinearity.  Normality testing was done to compare the cumulative distribution of the data.  Factor analysis was also carried out on all items in each variable in order to reduce the measurable and observable variables. The key finding based on the tests conducted in the study was that the variable: Hierarchy culture had an effect on the dependent variable: Strategy implementation. The p-value published showed that there was a positive effect of hierarchy culture on strategy implementation in Private chartered universities in Kenya

The widespread failure of DT SACCOs in Kenya is likely to lead to a loss of confidence among the current and potential members of the DT SACCOs in Kenya and eventually threatens to kill the sector. The study examined the effect of related party transactions on financial distress in DT-SACCOs in Kenya; the study adopted the following theories as to the basis of analyzing the collected data; wrecker’s financial distress theories and Agency theory. The target population was 176 Deposit-Taking SACCOs. Secondary data was obtained from SACCOs records as published by SASRA. The study used a systematic sampling technique based on the sampling formula by Taro Yamane (1967) to obtain the appropriate sample size of 68 DT SACCOs. Data were analyzed using STATA computer software. Data collection covered seven (7) year period from 2008 -2014, this period of 7 years was selected for the study because SASRA has enacted in 2010 therefore the justification for the choice of the study period, that is 3 years before and 4 years after SASRA enactment. The study established that related party transactions had a significant effect on financial distress in DT SACCOs in Kenya. The implications of the findings are that if the DT-SACCOs do not manage related party transactions then they will continue experiencing financial distress. The government through SASRA therefore should enact strict regulations in directors borrowing from SACCOs. The study has expounded on the body of knowledge on measures of financial distress in finance by introducing new relationships established. In terms of the contribution of the current study to innovation, the study used panel data analysis while other studies used OLS.