Category - Mary Nelima LYANI (SINDANI)

Jomo Kenyatta University of Agriculture and Technology, Kenya

Mary Nelima SINDANI

The Moderating Effect of Financial Literacy on the Relationship between Accounts Receivable Management Practices and Growth of SMEs in Kenya

The main objective of this study was to assess the moderating effect of financial literacy on the relationship between Accounts receivable management practices and growth of SME in Kakamega County,Kenya. This study adopted a mixed survey research design. The target population was 5401 registered SMEs under Single Business Permit Registration. Proportionate stratified random sampling technique was used to select 359 SMEs. Primary data was collected using semi-structured questionnaire. The data was analyzed using the Statistical Packages for Social Sciences (SPSS). Analysis of the data collected focused on both the descriptive statistics (trends) and inferential statistics (Pearson Correlation Coefficients and multiple regression coefficients. The analyzed data was presented in frequency tables and graphs. Regression analysis was used to establish the relationship between the independent and dependent variables. The study findings revealed that the SME owners were informed about various...

Read More

Effects of Accounts Receivable Financing Practices on Growth of SMEs in Kakamega County, Kenya

Accounts receivable financing practice is the act of exchanging Accounts Receivables with money, and is defined as any type of financing which distinctly relies on AR, either as collateral or as eligibility requirement. Financing firm operations through Accounts receivables is gaining prominence world over which enables firms access finances easily. The objective of the study was to evaluate the effect of Accounts receivable financing practice on growth of SMEs in Kenya. Descriptive survey design and purposive random sampling were used. A sample size of 359 out of 5401 was used. Secondary data was obtained from Kakamega County Revenue Department, for the period under study. The assumptions which form a basis for use of the regression model were tested using homoscedasticity and autocorrelation. Ordinary Least Square method was used to determine the cause effect relationship between variables while hypothesis was tested at 5% significance level. The overall model was found to be...

Read More
Gregory S. NAMUSONGE Mary Nelima LYANI (SINDANI) Maurice SAKWA

Accounts Receivable Risk Management Practices and Growth of SMEs in Kakamega County, Kenya

Accounts receivable risk management is a structured approach to managing uncertainties through risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources (Gakure et al., 2012) Although there has been a considerable interest by government to promote SMEs by encouraging owners to take up government tenders, in Kenya the number of SMEs capable of sustaining themselves is still low. Studies show credit risk as an important variable affecting firms. Nonetheless, these risks’ influence on SMEs has not received as much attention as it should. This study’s main objective was to examine the influence of credit risk assessment practices on growth of SMEs. The objective of the study was to evaluate the effect of credit risk assessment practices on growth of SMEs in Kakamega County, in Kenya. Causal research design was applied to show the influence of credit risk assessment practice on growth. Using the sampling technique of purposive stratified random...

Read More
Aims & Scope

Expert Journal of Finance welcomes original academic articles to be published in open access.

Read more about Expert Journal of Finance→

Guide for Authors

This 'Guide for Authors' provides useful information about the publication process at Expert Journal of Finance.

Read 'Guide for Authors' →

Current Issue

Volume 5 of Expert Journal of Finance is now available online

View Current Issue →

Forthcoming Papers

View upcoming finance academic articles accepted for publication.

View Articles →

Send Your Article Now