Global banking standards have been adopted unevenly by many developing countries even though these standards were not designed with developing countries in mind. This paper assesses the levels of adoption of Basel standards in Kenya. The country has adopted most of Basel I, many components of...

Over the years, real estate financing has been a preserve for mortgage financing companies. With time, commercial banks have started engaging in mortgage financing. With the rising non-performing loans among Kenyan banks, mortgages have seen as a safer bet to improve the loan portfolio...

Corruption is an epidemic in Kenya. Major corruption scandals have been reported since the early 90's. These include the Turkwel Hydroelectric Power Station scandal (1986-1990), the Goldenberg scandal (1990-1999), the Grand Regency scandal in 2008, and the Triton Oil scandal in 2009 among...

This study examines the relationship between government ownership and performance of listed firms on the Nairobi Securities Exchange. The quadratic term of government ownership is included in the model to test for the effect of increasing government ownership levels on performance. We use panel...

The purpose of this study is twofold. First, is to find out whether the internal control (IC) system employed on stock was the same for all the branches of Nakumatt supermarket. Second, the study evaluates the internal control on stock in Nakumatt supermarket on the premises of a sound internal...

Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in driving economic growth and job creation, particularly in developing nations. These enterprises constitute the majority of businesses globally and contribute significantly to employment and Gross Domestic Product (GDP). However,...

Purpose: To understand African small and medium-sized enterprise (SME) performance and its antecedents is essential, both from a strategic management and an industrial development perspective. While a substantial literature on African SMEs has emerged in recent years, studies of their...