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DC Field | Value | Language |
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dc.contributor.author | Koske, Naomi Chepkorir | - |
dc.contributor.author | Bii, Philip | - |
dc.date.accessioned | 2022-10-03T09:51:47Z | - |
dc.date.available | 2022-10-03T09:51:47Z | - |
dc.date.issued | 2018 | - |
dc.identifier.uri | http://ir.mu.ac.ke:8080/jspui/handle/123456789/6868 | - |
dc.description.abstract | The main purpose of this study was to determine the relationship between strategic conformity and financial distress among listed firms in Kenya. The study employed panel analysis for a period covering ten years from 2006-2015 for all 64 listed firms in Nairobi Securities Exchange. Findings from random effects multiple regression analysis showed that inventory levels has a positive and significant effect on financial distress (β =0.678; p<0.05) while plant and equipment newness had a negative and significant effect (β=-0.580; p<0.05) on financial distress. This study recommends that firms should ensure that they have policies that regulate inventory levels as this has a positive significant effect on financial distress, while adequate project appraisal should be done to inform acquisition of new plant and equipment. | en_US |
dc.language.iso | en | en_US |
dc.subject | Inventory levels | en_US |
dc.subject | Financial distress | en_US |
dc.title | Does strategic conformity matter in financial distress? evidence from listed firms in Nairobi securities exchange with special reference to inventory levels & plant and equipment newness | en_US |
dc.type | Article | en_US |
Appears in Collections: | School of Business and Economics |
Files in This Item:
File | Description | Size | Format | |
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Doesstrategicconformitymatter.pdf | 591.03 kB | Adobe PDF | View/Open |
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