Ondabu, Ibrahim Tirimba
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Parameters of Governing Boards and the Goodwill of Listed Firms Heraniah, Nicholas Ojiambo; Ondabu, Ibrahim Tirimba
International Journal of Finance Research Vol. 3 No. 4 (2022): International Journal of Finance Research
Publisher : Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47747/ijfr.v3i4.1030

Abstract

Board characteristics are a key aspect of corporate governance practice and copious literature is available on the relationship between parameters of a governing board and the goodwill of listed firms. However, in spite of the abundant literature about this association and the progress in the day-to-day area of corporate governance, inconclusive results on the relationship still abound in previous studies. Thus, a study on the nexus between board characteristics and firm value is useful in understanding corporate governance practices especially in Kenya. This study is conducted with the main aim of establishing the effect of board characteristics (specifically the board meetings, board size and board gender diversity) on firm value of listed banks in Kenya. The study employed a correlational research design to attain its objective and with the target population of ten banks that were listed at the Nairobi Securities Exchange during the financial years between 2008 and 2021 using panel data. Multilinear regression is used for data analysis with the findings revealing that board gender had a positive but insignificant effect with firm value as proxied by Tobin’s Q, while board size had a positive and significant effect with firm value. On the other hand, board meetings had a negative and insignificant effect with firm value
An Integrated Financial Management Information System and the Quality of Financial Reports Among Government Institutions in Kenya Tum, Patrick Cheruiyot; Ondabu, Ibrahim Tirimba
International Journal of Finance Research Vol. 4 No. 3 (2023): International Journal of Finance Research
Publisher : Training & Research Institute - Jeramba Ilmu Sukses (TRI-JIS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47747/ijfr.v4i3.1340

Abstract

The use of Integrated Financial Management Information System among the Government institutions in Kenya is crucial in improving the management of accounting and financial reporting data so as to enhance efficiency and effectiveness in government institutions financial reporting processes. This research study was set to establish the effect of integrated financial management information system on quality financial reporting. The research targets a population of 68 government institutions (47 county government and 21 ministries) in Kenya who were purposively selected as the Integrated Financial Management Information System users and also forming the unit of analysis for the study. The primary data was collected through the use of questionnaires and then the data was analyzed using multiple regression model and descriptive statistics where the study made use of STATA software version 12 application to examine the relationship of the predictor and response variables. The study established that electronic budgeting and automated cash management positively and significantly influence the quality of financial reporting among the government institutions in Kenya. The study further establishes that electronic procurement and automated financial reporting positively and insignificantly influences the quality of financial reporting among the government institutions in Kenya.