Influence of Cash Flow Trends on Shareholders Returns among Manufacturing and Allied Companies Listed in the Nairobi Securities Exchange, Kenya
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 4
Abstract
The study investigated the effect of cash flow trends on shareholders returns among listed manufacturing and allied companies in Kenya. Over the recent times most of these firms have been showing serious cash flow difficulties. The specific objective of the study was to examine the influence of cash from financing activities on shareholders’ returns. The free cash flow theory guided the study. The study adopted a descriptive research design. The target population comprised of accounts and finance staff working with the aforementioned entities. The study population constituted 227 such staff. A sample of 54 respondents was obtained using stratified random sampling technique. The data collected were processed and analyzed using Statistical Package for Social Science Version 24 software. The results of the analysis were presented using tables. The study found that cash flows from financing activities significantly influenced shareholders’ returns (t=6.821; p < 0.05). The study concluded that cash flows from financing activities were highly important. The study recommended that manufacturing and allied firms should increase the payment of dividends
Authors and Affiliations
Kariuki Simon Gathu, Kibati Patrick
Keywords
Related Articles
- EP ID EP410256
- DOI 10.9790/487X-2004066473.
- Views 63
- Downloads 0
Performance Analysis of Pmmy in South India
The paper elaborates the PMMY performance in South Indian States. The performance analysis study is done using secondary data. India has the largest middle class population in the world with most of them engaged in agric...
A Comparative Study of Bitcoin and Other Cryptocurrencies
The world of digital currencies is becoming popular day by day. A cryptocurrency is a digital or virtual currency that uses cryptography for security. It is a decentralized currency as it operates without a single admini...
Information Use, Competitive Intelligence and Organizational Performance: Human Information Behaviour Perspective
The potential usefulness of different kinds of Information System (IS) for environmental management is well recognized. Perhaps one can say advances in information provision have led organizations to attempt to develop I...
Succession Planning In Polygamous Family Businesses: A Case of a Family Business in Zimbabwe
Most businesses in Zimbabwe are started as family businesses and thrive under the guidance of the founding member. However in cases when these businesses are expanding, the owners marry other wives who are made responsib...
Causes for Stress and Management of It at Work
Stress has been explained in different ways. Most of the employees and managers have strain in the workplace. In working in the organization most of the people are affected with stress due to work environment. The main r...