TMU Repository

TMU Repository is a platform that enables the University to:

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  • issue permanent urls and trustworthy identifiers, including optional integrations with handle.net and DataCite DOI

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    Item
    Determining the Moderating Effect of Intellectual Capital on the Relationship between Corporate Governance and Financial Performance of Ventures of the Seventh-day Adventist Church in Kenya
    (African Development Finance Journal, 2025-07) Okoth,Nicodemus O.; Okello,Stephen L.; Okowa,Mark
    This study examines the moderating role of intellectual capital in the relationship between governance practices and the financial performance of Ventures within the Seventh - day Adventist (SDA) Church in Kenya. Intellectual capital, encompassing human, structural, and relational capital, has been recognized as a critical driver of institutional financial performance. Governance practices, including transparency, accountability, and strategic decision-making, significantly influence financial stability and operational efficiency. This study employs a mixedmethod research design, combining qualitative and quantitative analyses. Data were collected from 120 respondents across ten SDA Ventures, including administrators, financial managers, and governance board members. Descriptive and inferential statistical analyses were performed using hierarchical regression models to assess the moderating effects of intellectual capital. Findings indicate that intellectual capital strengthens the relationship between governance practices and financial performance, enhancing institutional sustainability and efficiency β = .246, p < .05, B = .200). The study recommends investing in intellectual capital development, improving governance frameworks, and fostering knowledge-sharing practices to maximize financial performance.
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    Moderating effect of Government Policy on the Relationship between Internal Control Systems and Financial Performance of Insurance Companies in Kenya
    (African Development Finance Journal, 2025-07) GEKE,Abel Manas; ODONDO ,Alphonce J.; Ouche,Mark
    This research examined the influence of government policy as a moderating variable in the relationship between internal control systems and the financial performance of insurance firms in Kenya. The study involved 58 insurance companies and utilized a combination of descriptive and correlational research designs. To assess the interaction between the study variables, multiple regression analysis was conducted. The findings revealed that government policy significantly moderated the relationship, strengthening the positive impact of internal control systems on the financial performance of the firms. Based on these results, the study recommends that improved compliance with government policy frameworks may enhance the effectiveness of internal control systems in boosting financial outcomes within the insurance sector in Kenya. It recommends that insurance companies should operate with transparency and adhere strictly to governmental regulations and standards. Operating in an open and transparent manner ensures compliance with relevant laws, strengthens public trust, and ensures long-term sustainability in the market. This strategy is expected to enhance compliance with regulatory standards and promote long-term financial stability within the insurance industry.
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    The Nexus between Price Negotiation and Performance of Public Health Facilities in Homa Bay County, Kenya.
    (Open Journal of Social Sciences, 2025-07) Mwonya, Meryl Adhiambo; Odondo, Alphonce Juma; Nyakwara, Simon
    This study investigates the relationship between price negotiation and the performance of public health facilities in Homa Bay County, Kenya. Price negotiation plays a pivotal role in the pharmaceutical supply chain, yet its contribution to procurement performance remains underexplored. Data were collected from 286 participants, including healthcare workers, suppliers, policymakers, and patients, using structured questionnaires. A multivariable linear regression model revealed that price negotiation accounts for 25.0% of the variance in health facility performance (R2 = 0.250, F = 20.118, p < 0.001). High transparency and fair negotiation practices correlated with lower supply costs and improved medical services (B = 0.292, p < 0.001), and increased accountability (B = 0.152, p = 0.019). Budgetary constraints showed no significant effect (p > 0.05), indicating negotiation strategy’s greater influence over financial resources. The study recommends enhancing transparent negotiation procedures to improve procurement outcomes. These findings provide valuable insights for health managers and policymakers operating in resource-limited settings to strengthen procurement systems.
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    Drivers of Organic Fertiliser Adoption and Use Intensity Among Smallholder Maize Farmers in Lake Victoria Region, Western Kenya
    (E u r o E c o n o m i c a, 2025) Owuor, Rosebell Achieng; Odondo, Alphonce Juma; Ollweny, Caleb; Dida, Mathews
    Smallholder farmers account for about 75% of maize production in Kenya. The current average on-farm productivity is 1.43 ton/ha against the potential of 6 ton/ha. In Western Kenya, low soil organic carbon is one of the contributors to the low maize productivity. Studies have shown that organic fertilizers contribute towards increase in soil productivity. However, there is paucity of information on the relationship between drivers of organic fertilizers adoption and use intensity among the farmers, which thestudy seeks to address. A total of 358 farmers were interviewed in the 2020/21 growing seasons. Heckman’s two-stage model was estimated. The results demonstrate that age, education, gender, soil quality perception and access to supportive resources are pivotal in shaping organic farming decisions. There is need for targeted extension services to less educated and older farmers. Off-farm income generation should be encouraged. Integrated soil fertility management approaches that address nutrient replenishment and soil erosion control is necessary, and there is need to promote mechanization or subsidization of organic fertilizer application on larger farms as this may help overcome labour constraints and improve organic fertilizer adoption on a broader scale.The results may be a source of literature for subsequent studies in related fields.