Venture capital has impacted significantly on financial management of Small and Medium Enterprises (SMEs) in developed countries. SMEs that have accessed venture capital in developed countries have reported improved financial management. Lack of finance and poor financial management has been...

Despite commercial entities amplifying financial innovation there is need for empirical inquiry on their contributions towards economic development through financial inclusion and deepening. Financial deepening is the capacity of financial institutions to enhance access to its services....

Purpose The purpose of this paper is to utilize legitimacy theory to test the association between the governance of credit unions and their social and environmental disclosure in a developing country, Kenya. A further examination of institutional pressures due to regulatory forces on the...

Purpose: This study aims to examine the extent and drivers of anti-money laundering (AML) disclosures in the audited annual reports of regional listed banks in Kenya. Design/methodology/approach: Using the Financial Action Task Force recommendations and other guidelines, the authors develop an...

Purpose: In this paper, the authors examine the association between the banking regulatory regime and the quality of bank earnings. We further investigate whether the banking agency regulatory characteristics moderate the association between banking regulation and earnings quality....

Purpose: This paper aims to examine the factors influencing the level of disclosures of sustainability (SR) and integrated report (IR) information in a developing country context, with particular reference to Kenya. Design/methodology/approach: The study uses a panel data set of 419 firm-year...

This study examines the influence of revenue diversification on the financial performance of 212 deposit-taking savings and credit co-operatives (SACCOs) in Kenya over the period 2008–2013. An analysis of other factors influencing the financial performance of SACCOs is carried out. The...

This study analyses managerial perspectives on the rationale and drivers of disclosures by deposit-taking savings and credit cooperatives (SACCOs) in a developing economy characterized by the most vibrant SACCO sector in Africa. The study analyses the views of 106 preparers of SACCO disclosures....

This study examines the association between cooperative social and environmental disclosure (CSED) and financial performance of deposit-taking savings and credit cooperatives (SACCOs) in Kenya. Using data comprising of 1272 observations for 212 deposit-taking SACCOs in Kenya over the period...

The purpose of this paper is to investigate whether non-financial firms listed on the Nairobi Securities Exchange (NSE) exhibit a target cash conversion cycle (CCC). The study also examines the speed of adjustment to the target CCC and the factors that influence corporate decisions on the...