Browsing by Author "Nkari, I. M."

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Effect of liquidity risk on shareholders’ wealth in commercial banks listed at the Nairobi securities exchange
(Journal of Environmental Sustainability Advancement Research, 2022) Mogusu, M. W.; Nkari, I. M.; Wabwire, J. M.
Shareholders’ wealth is among key decisions in a firm because it has a bearing on overall investor perception and firm value. There has been concern about declining value of shareholders’ wealth among commercial banks listed at the Nairobi Security Exchange (NSE). Previous studies have linked financial risk to shareholders’ wealth. Researchers however fail to agree on the magnitude and direction of the effect. It is not established how liquidity risk would affect shareholders’ wealth of commercial banks listed at the NSE. The objective of this study was to establish the effect of Liquidity risk on Shareholders’ wealth of Commercial Banks listed at the NSE. Descriptive research design was adopted. The target population was eleven commercial banks that had been constantly listed at the NSE from 2013-2019. A census was conducted to collect data from the eleven banks due to the smallness of the population. Data was collected using a checklist. Data was obtained from published financial statements and the Banking survey publications for seven years from 2013 to 2019. Data was analyzed using simple and multiple regression analysis with the help of SPSS version 25.0. Hypothesis was tested using t-statistic at 5% significance level. The study found that liquidity risk had a negative effect on shareholders’ wealth (regression coefficient -0.556, p-value of 0.023). Firms that have high liquidity have more cash flow and are able to take investment opportunities and hence increase shareholders’ value. Commercial banks should come up with ways of minimizing this risk.
Effect of Liquidity Risk on Shareholders’ Wealth in Commercial Banks Listed at The Nairobi Securities Exchange
(Chuka University, 2022) Mogusu, M.; Nkari, I. M.; Wabwire, J. M.
Shareholders’ wealth is among key decisions in a firm because it has a bearing on overall investor perception and firm value. There has been concern about declining value of shareholders’ wealth among commercial banks listed at the Nairobi Security Exchange (NSE). Previous studies have linked financial risk to shareholders’ wealth. Researchers however fail to agree on the magnitude and direction of the effect. It is not established how liquidity risk would affect shareholders’ wealth of commercial banks listed at the NSE. The objective of this study was to establish the effect of Liquidity risk on Shareholders’ wealth of Commercial Banks listed at the NSE. Descriptive research design was adopted. The target population was eleven commercial banks that had been constantly listed at the NSE from 2013-2019. A census was conducted to collect data from the eleven banks due to the smallness of the population. Data was collected using a checklist. Data was obtained from published financial statements and the Banking survey publications for seven years from 2013 to 2019. Data was analyzed using simple and multiple regression analysis with the help of SPSS version 25.0. Hypothesis was tested using t-statistic at 5% significance level. The study found that liquidity risk had a negative effect on shareholders’ wealth (regression coefficient -0.556, p-value of 0.023). Firms that have high liquidity have more cash flow and are able to take investment opportunities and hence increase shareholders’ value. Commercial banks should come up with ways of minimizing this risk.
Effect of service reliability on customer loyalty to supermarkets in Meru county, Kenya
(Journal of Environmental sustainability advancement research, 2022) Nyaga, J. W.; Nkari, I. M.; Otiso, H.
Although supermarkets in Meru have launched quality customer service programs aimed at ensuring customer loyalty to the supermarkets, their effect has not been evaluated. Supermarkets therefore risk losing loyal customers to online and other platforms. Increased interest in service quality is mostly motivated by understanding that the outcome of customer loyalty is as a result of better service quality. The main objective of this study was to investigate the effect of service reliability on customer loyalty to supermarkets. A descriptive research design was adopted. The target population was the 4140 Meru County Government staff who visit the 36 supermarkets in Meru County. A sample of 364 shoppers was picked using simple random sampling technique. The study employed a questionnaire to collect primary data which was collected by the help of a questionnaire. To analyze the data, descriptive statistics was utilized with the help of Statistical Package for Social Sciences (SPSS) Version 26. Multiple linear regression model was employed in analyzing data and the hypotheses was tested at 5% level of significance. The findings of the study were then presented in form of tables, figures and equations. There was a positive significant effect of service reliability on service quality with regression coefficient of 1.153 and a p=0.000. It is anticipated that the findings of the study will help the management of supermarkets to devise strategies geared towards increasing loyalty for the stores and hence increasing their profitability.
Effect of Service Reliability on Customer Loyalty to Supermarkets in Meru County, Kenya
(Chuka University, 2022) Nyaga, J.W.; Nkari, I. M.; Otiso, H.
Although supermarkets in Meru have launched quality customer service programs aimed at ensuring customer loyalty to the supermarkets, their effect has not been evaluated. Supermarkets therefore risk losing loyal customers to online and other platforms. Increased interest in service quality is mostly motivated by understanding that the outcome of customer loyalty is as a result of better service quality. The main objective of this study was to investigate the effect of service reliability on customer loyalty to supermarkets. A descriptive research design was adopted. The target population was the 4140 Meru County Government staff who visit the 36 supermarkets in Meru County. A sample of 364 shoppers was picked using simple random sampling technique. The study employed a questionnaire to collect primary data which was collected by the help of a questionnaire. To analyze the data, descriptive statistics was utilized with the help of Statistical Package for Social Sciences (SPSS) Version 26. Multiple linear regression model was employed in analyzing data and the hypotheses was tested at 5% level of significance. The findings of the study were then presented in form of tables, figures and equations. There was a positive significant effect of service reliability on service quality with regression coefficient of 1.153 and a p=0.000. It is anticipated that the findings of the study will help the management of supermarkets to devise strategies geared towards increasing loyalty for the stores and hence increasing their profitability.
Effect of Tick Control on Milk Revenue of Smallholder Dairy Farmers in Kapseret Sub-County, Kenya
(IOSR Journal of Agriculture and Veterinary Science (IOSR-JAVS), 2021) Bett, J. K.; Nkari, I. M.; Munyiri, S. W.
Milk production is a viable economic enterprise in Kenya. It supports the livelihood of approximately four million Kenyans through food provision, income generation and employment. However, milk production per individual animal in Kenya, averaging seven to nine litres/cow/day, is low compared to the world’s best at 10,133 litres/cow/year (28 litres/cow/day). This means that Kenya produces an average of 20 litres of milk less per cow per day compared to the world’s best. The objective of this study was to determine the effect of tickcontrol on milk revenue of smallholder farmers in Kapseret Sub-county. The study was conducted between the months of January-March, 2020. Primary data was collected using closed and open-ended questionnaires.Spearman’s Rank correlation was used to show the strength of the relationship between the variables. Multiple regression model was used to assess the effect of tick control on milk revenue. Results were presented in tables, and descriptive statistics such as percentages and frequencies. The results indicated a positive and statistically significant relationship (r=0.161 & p=0.017)between tick control and milk revenue. Tick control practices essentially impacted cows’ health, which further influenced the level of milk revenue. The study concluded that tick influenced milk revenue of smallholder dairy farmers in Kapseret Subcounty. The study recommended that smallholder dairy farmers need to be trained on the best and timely prevention measures of east coast fever. The government can encourage tick control practices offering subsidized acaricides. This is mainly because cows’ health have direct influence on production.
Effect of Tick Control on Milk Revenue of Smallholder Dairy Farmers in Kapseret Sub-County, Kenya
(Journal of Agriculture and Veterinary Science, 2021) Bett, J. K.; Nkari, I. M.; Munyiri, S. W.; Kimetto, E. J.
Milk production is a viable economic enterprise in Kenya. It supportsthe livelihood of approximately four million Kenyans through food provision, income generation and employment. However, milk production per individual animal in Kenya, averaging seven to nine litres/cow/day, is low compared to the world’s best at 10,133 litres/cow/year (28 litres/cow/day). This means that Kenya produces an average of 20 litres of milk less per cow per day compared to the world’s best. The objective of this study was to determine the effect of tickcontrol on milk revenue of smallholder farmers in Kapseret Sub-county. The study was conducted between the months of January-March, 2020. Primary data was collected using closed and open-ended questionnaires.Spearman’s Rank correlation was used to show the strength of the relationship between the variables. Multiple regression model was used to assess the effect of tick control on milk revenue. Results were presented in tables, and descriptive statistics such as percentages and frequencies. The results indicated a positive and statistically significant relationship (r=0.161 & p=0.017)between tick control and milk revenue.Tick control practises essentiallyimpacted cows’ health, which further influenced the level of milk revenue. The study concluded that tick influenced milk revenue of smallholder dairy farmers in Kapseret Sub- county.The study recommended that smallholder dairy farmers need to be trained on the best and timely prevention measures of east coast fever. The government can encourage tickcontrol practicesby offering subsidizedacaricides.This is mainly because cows’ health havedirect influence on production.