RP-Department of Finance, Accounting and EconomicsResearch papers from scholarshttp://ir-library.kabianga.ac.ke/handle/123456789/1582024-03-28T19:01:57Z2024-03-28T19:01:57ZInfluence of Capital Structure on the Financial Performance of Kenya Tea Development Agency Tea Manufacturing Firms in Kericho and Bomet Counties, KenyaLangat, Penina Chepkorirhttp://ir-library.kabianga.ac.ke/handle/123456789/7582024-03-01T10:41:43Z2023-12-01T00:00:00ZInfluence of Capital Structure on the Financial Performance of Kenya Tea Development Agency Tea Manufacturing Firms in Kericho and Bomet Counties, Kenya
Langat, Penina Chepkorir
The study sought to determine the effect of changes in capital structure on the financial performance of KTDA tea
processing factories in Bomet and Kericho Counties in Kenya over a period of five years from 2008/2009-2012/2013.
The capital structure indicators were short –term debt, long- term debt and total debt to total assets, and total debt to
total equity while financial performance was measured using Return on Equity (ROE). Previous studies that had
been conducted had focused on mostly listed companies leaving the manufacturing sector largely unexplored. The
analysis was based on panel fixed effect regressions. The results indicate that capital structure has significant effect
on ROE of tea processing factories. Long term debt was found to have insignificant and positive influence on the
financial performance of the tea processing firms. Short term debt on the other hand was found to have a negative
significant influence on firm performance. This means that for intervention in tea processing factories financial
performance, long term debt and total debt are important factors as they lead to better performance. However, critical
considerations need to be made regarding the use of short term debt since short term debt was found to have significant
negative influence on financial performance as indicated by ROE.
Article Research on Influence of Capital Structure on the Financial Performance of Kenya Tea Development Agency Tea Manufacturing Firms in Kericho and Bomet Counties, Kenya
2023-12-01T00:00:00ZAn Analysis of Tax Effort and Tax Incidence in Namibia and South AfricaTonui, Vincent Kiplangathttp://ir-library.kabianga.ac.ke/handle/123456789/7472024-02-09T08:18:47Z2022-06-06T00:00:00ZAn Analysis of Tax Effort and Tax Incidence in Namibia and South Africa
Tonui, Vincent Kiplangat
Most Sub-Saharan African countries (SSA) have shown excessive dependence on foreign
financing which with time, has led to financial debts and sustainability. Also, most Sub-Saharan
African (SSA) economies have had to look for methods to increase tax revenue that will be able
to fund public expenditures and ultimately narrow the shortage. A key factor for economic
development in most developing economies is an effective tax system. The study used timeseries data for thirty-six years from 1980 to 2015, collected from published economic reports
and World Development Indicators Report (2016) with various measures. This study uses data
for Namibia and South African countries from 1970-to 2015 to compare the tax ratios and to
build an index of tax effort for the two countries. The index of the tax effort is constructed as the
ratio of the actual tax share to the predicted (or potential) tax share. Results indicated that in
Namibia, services value added % of GDP was statistically significant at 5 %. Also GDP per
capita was significant at 1% level of significance. In South Africa export share % of GDP was
significant at 5% level of significance while GDP per capita was significant at 10% level of
significance. The export share seems to have a strong and direct relationship with tax share.
The study concludes that establishing the tax effort index, according to the actual revenues of a
country to its estimated taxable amount, gives us a tempting quantity that determines countries
specific fiscal, institutional and demographic traits.
Article Research in An Analysis of Tax Effort and Tax Incidence in Namibia and South Africa
2022-06-06T00:00:00ZAn Evaluation of Uganda's Tax System Using the Criteria of a Good Tax SystemTonui, Vincent Kiplangathttp://ir-library.kabianga.ac.ke/handle/123456789/7462024-02-09T08:09:48Z2022-06-06T00:00:00ZAn Evaluation of Uganda's Tax System Using the Criteria of a Good Tax System
Tonui, Vincent Kiplangat
Most developing countries devote their attention to designing taxation policies that promote
economic development, since taxation policy is a very important instrument for augmenting
revenue if not the primary domestic revenue source. This paper aims to evaluate Uganda’s tax
system by subjecting it to principles of a good tax system and comparison with tax
effort/performance from other sub-Saharan Africa countries. For the purpose of the study, the
criteria of determining a good tax system border on effective administration, equity and fairness,
convenience of payment, certainty, transparency and accountability, simplicity, efficiency,
neutrality and one that has a minimum tax gap. The data sources include the Uganda’s fiscal
policy environment, legal framework on taxation and tax reforms. Study found that despite
undertaking more favorable tax reforms over the last three decades, Uganda’s fiscal policy is
marked by high budget deficits, suffers substantial imbalance in the tax incidence, low impact
and limited tax base, low levels of tax compliance and high tax evasion as well as tax
avoidance. The study concluded that these characteristics of Uganda’s tax system are
synonymous with a country whose tax system falls below the criteria of a good tax system and
may therefore need continuous review
Article Research in An Evaluation of Uganda's Tax System Using the Criteria of a Good Tax System
2022-06-06T00:00:00ZEffects of Adoption of CSA Interventions on Maize Productivity Among Small Scale Farmer Households In Moiben Sub-County, KenyaKemboi, NoahNg‘eno, Elijah K.Rotich, Joseph K.http://ir-library.kabianga.ac.ke/handle/123456789/7182023-09-15T10:21:52Z2021-09-01T00:00:00ZEffects of Adoption of CSA Interventions on Maize Productivity Among Small Scale Farmer Households In Moiben Sub-County, Kenya
Kemboi, Noah; Ng‘eno, Elijah K.; Rotich, Joseph K.
Climate-Smart Agriculture (CSA) is an agricultural activity that seeks to improve production sustainably
to enhance food security and agricultural development. The use of climate-smart agricultural interventions is
crucial in ensuring increased agricultural productivity, income, food security, and livelihood for the majority of
small scale farmers in Kenya. To achieve this, various agricultural and economic interventions are often used to
increase agricultural production. However, despite these interventions, maize production in Uasin Gishu County
has declined from 4.4 million bags in 2017 to 3.7 million bags in 2018. Maize farmers have been making negative
gross margins of about Kshs 2,000 per acre per year. The focus of the study was to assess the effects of adoption of
CSA interventions on maize productivity. The study was guided by the diffusion innovation theory. Descriptive
and cross-sectional survey designs were employed in this study. The study drew a sample of 109 small scale maize
farmers’ households from a target population of 10,109 through stratified and simple random sampling
techniques. Primary data were collected using a structured interview schedule and analyzed using descriptive and
multiple linear regression. Multiple linear regression estimates on the effects of the adoption of CSA interventions
revealed that a unit increase in adoption of early maturing maize varieties, increased herbicide use and crop
rotation increased maize production by 431.7%, 644.3% and 611.5% respectively while adoption of early dry
planting and tree planting reduce maize yield by 407.3% and 242.4% respectively. Therefore, in conclusion, the
estimated results of this study rejected the null hypothesis that adoption of CSA interventions have no significant
effect on maize productivity among small scale maize farmers’ households in Moiben Sub-County, Kenya. Based
on our findings, the study recommends that more farmers need to be trained on the use of CSA interventions as
this intervention will help to cut the cost of production and help farmers to realize high-profit margins from their
maize output.
Article Research on Effects of Adoption of CSA Interventions on Maize Productivity Among Small Scale Farmer Households In Moiben Sub-County, Kenya
2021-09-01T00:00:00Z