School of Business and Economics

Effect Of Balance Sheet Reporting On Financial Performance Of Firms Listed At Nairobi Securities Exchange

2026-03-06T08:29:06Z

Effect Of Balance Sheet Reporting On Financial Performance Of Firms Listed At Nairobi Securities Exchange Oyieko, Margaret; Nyamasege, Dennis; Akuku, Caleb Background: Financial reporting dimensions play a crucial role in providing users and regulatory agencies with insights into a company’s financial health. Adhering to established accounting standards, financial reports become relevant, reliable, and comparable, promoting informed decision-making. Transparent reporting fosters trust and credibility with stakeholders while supporting responsible decision-making. However, there has been a declining trend in the return on assets (ROA) among listed firms from 2019 to 2024, with some firms ceasing operations. Despite the importance of accurate financial reporting for investor confidence and financial performance, there is limited understanding of how these dimensions affect firm financial performance in Kenya. This work was anchored on the theory of Accounting Conservatism. Material and Methods: Positivism research philosophy was adopted alongside cross-sectional research design. A target population of 57 firms was used as per NSE handbook of 2023. Stratified sampling technique was used to derive a sample of 50 listed firms. A Structured data collection sheet was employed to extract secondary data from the firm’s financial statements for the period of 2018 to 2023. Data was analyzed by use of descriptive statistics methods of means, standard deviations, and percentages, while inferential statistics included correlation and panel regression analysis. Results: Correlation analysis showed a strong positive relationship between balance sheet reporting and financial performance at a 95% confidence level. Hausman test conducted directed that random effect regression was the most preferred model over fixed effect regression. The results showed a strong positive correlation between balance sheet reporting and financial performance with (r=.5044). Further GLS random effect regression model indicated that balance sheet reporting had a statistically significant effect on financial performance of listed firms with an influence of 51.14% and p<.05 significance level. Conclusion: Balance sheet reporting enhances transparency and accountability of financial information thus improved investor confidence. This ensures long term sustainability of firms and accelerated wealth accumulation. 1 unit change in balance sheet reporting causes .5114131 units change in financial performance of firms listed at Nairobi Securities Exchange

Influence of Cash flow Statement Reporting Dimensions and Financial Performance of Firms Listed in Nairobi Securities Exchange

2026-03-06T08:17:28Z

Influence of Cash flow Statement Reporting Dimensions and Financial Performance of Firms Listed in Nairobi Securities Exchange Oyieko, Margaret; Nyamasege, Dennis; Akuku, Caleb Abstract Cash flow statement reporting is essential for evaluating a firm’s liquidity and overall financial health. However, firms listed on the Nairobi Securities Exchange (NSE) have experienced a decline in financial performance over recent years. This study aimed to examine the influence of cash flow statement reporting on the financial performance of these firms. Grounded in Conservative Accounting Theory, the research emphasized the role of cautious financial reporting in protecting investors and stakeholders by mitigating risks related to misrepresentation, fraudulent reporting, and earnings manipulationin cash flows. Adopting a positivist paradigm, the study combined empirical analysis and theoretical insights. A descriptive and cross-sectional research design was employed, utilizing secondary panel data from 49 firms over the period 2018 to 2023. The findings revealed that cash flow statement reporting had a weak and statistically insignificant influence on financial performance, accounting for only 3.37% of the variation in return on assets. Based on these results, it is recommended that listed firms enhance the clarity, consistency, and strategic application of cash flow information to support more informed decision-making. Furthermore, regulatory authorities such as the Capital Markets Authority should improve oversight and establish clearer reporting guidelines to ensure that cash flow statements deliver value beyond regulatory compliance.

RESOURCE MOBILIZATION ON THE GROWTH OF WOMEN OWNED ENTERPRISES IN UASIN GISHU COUNTY

2026-02-23T07:16:39Z

RESOURCE MOBILIZATION ON THE GROWTH OF WOMEN OWNED ENTERPRISES IN UASIN GISHU COUNTY Rono, Naomy Chelang’at; Wafula, Joshua; Muya, James; Ngacho, Christopher Women-owned enterprises play a crucial role in the Kenyan economy, offering significant economic benefits. One of the main benefits of women-owned enterprises is job creation. Despite the many socio-economic benefits of successful women owned enterprises, majority of women who own Micro and Small Enterprises are faced with the challenge of mobilizing resource that is essential to the survival of their enterprises therefore the study sought to assess the effect of resource mobilization on the growth of women owned enterprises in Uasin Gishu County. The study adopted descriptive research design and positivism philosophy. The target population was 1198 enterprise owner. The population was stratified into 6 strati corresponding to the 6 sub-counties. The study used Israel’s 1992 formula to determine the sample size of 300 women owning enterprises from all the 6 sub-counties. Simple random sampling was used to pick the specific respondents from each sub county. Primary data was collected using a self-constructed structured questionnaire and secondary data was collected from the women enterprises’ financial records. A pilot study was conducted on 33 respondents from 11 women owned enterprises in Nakuru County to test reliability of the questionnaire. The study used both descriptive and inferential statistics. Data was presented in form of tables and graphs. The study concluded that resource mobilization through table banking provides women owned enterprises with the capital they need to expand into new markets, increasing their customer base and revenue. The results of the correlation analysis indicated that better resource mobilization enhances growth of women owned enterprises in Uasin Gishu County.

Influence of Developing Managerial Skills of Group Members on the Growth of Women-owned Enterprises in Uasin Gishu County – Kenya

2026-02-23T07:07:10Z

Influence of Developing Managerial Skills of Group Members on the Growth of Women-owned Enterprises in Uasin Gishu County – Kenya Rono, Naomy Chelang’at; Muya, James; Nyamasege, Denis; Ngacho, Christopher The study sought to determine the effect of developing managerial skills of group members on the growth of women-owned enterprises in Uasin Gishu County. The study was anchored on pecking order theory. The study adopted a descriptive research design and positivist philosophy. The target population was 1198 enterprise owners courtesy of table banking from six sub counties in Uasin Gishu County. The population was stratified into 6 stratas corresponding to the 6 sub-counties. The study used Israel’s 1992 formula to determine the sample size of 333 women owning enterprises from all 6 sub-counties. The sample was apportioned proportionately to the 6 sub-counties. Simple random sampling was used to pick the specific respondents from each sub-county. Primary data was collected using structured questionnaire. A pilot study was conducted on 33 respondents from 11 women-owned enterprises in Nakuru County to test the reliability of the questionnaire. Both descriptive and inferential statistics were used in data analysis. Data was presented in the form of tables and graphs. The study concluded that there was a positive and statistically significant correlation between the developing managerial skills of group members and the growth of women-owned enterprises in Uasin Gishu County (r=0.985; p<0.05). From the conclusion the study recommended that women-owned enterprises in Uasin Gishu County should invest in structured and continuous managerial skills development programs for group members. This can be achieved through targeted training sessions, workshops, and mentorship programs focusing on essential managerial competencies such as financial management, strategic planning, leadership, marketing, and resource optimization. Additionally, table banking groups should incorporate mandatory managerial skills training as part of their group activities to ensure all members benefit from the knowledge necessary to enhance enterprise growth.