The goal of this study will be to assess the effect of regulatory conformity on financial performance for the deposit taking SACCOs in Bungoma and extend of conformity of the regulations. The SACCO industry is considered vital both economically and socially, sectorial information indicates a concern that quite a number of savings and credit cooperative societies (SACCOs) collapse each year and bona fide members withdraw their membership annually. The unhealthy trend is common in most of the societies notwithstanding government’s financial regulations being in practice since 2004.
The study will employ descriptive research design to find out the relationship between regulation and financial performance. The study will be conducted in sampled deposit taking societies in Bungoma. Data will be collected using structured questionnaires and secondary data. Data will be analyzed using a statistical software (spss). The relationship will be analyzed using the regression equation modeled around all the multiple variables that affect performance.
Inhaltsverzeichnis (Table of Contents)
- CHAPTER ONE
- Introduction
- Background of the study
- Statement of the problem
- Purpose of the study
- Objectives of the study
- Specific objectives
- Research questions
- Significance of the study
- Scope of the study
- Basic assumptions of the study
- Limitations of the study
- CHAPTER TWO
- Literature review
- Introduction
- Need for Financial Regulation
- Elements of SACCO Regulatory Framework in Kenya
- Government regulation on corporate performance
- Government's Regulation on Reporting of Financial Performance
- Government regulation on Prudential Financial management
- Government Regulation on General Operations
- Financial performance measures
- non-financial performance Measures
- Theoretical Framework
- Empirical review
- Conceptual Framework
- CHAPTER THREE
- RESEARCH METHODOLOGY
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This research project aims to assess the impact of regulatory compliance on the financial performance of deposit-taking SACCOs in the Western region of Kenya, specifically in Bungoma. The study seeks to determine the extent of regulatory conformity and its relationship with financial performance. The project's objective is to provide insights into the effectiveness of financial regulations in enhancing the stability and sustainability of SACCOs.
- The influence of regulatory compliance on financial performance of SACCOs.
- The extent of regulatory conformity by deposit-taking SACCOs in Bungoma.
- The relationship between regulatory compliance and financial performance of SACCOs.
- The effectiveness of financial regulations in promoting the financial health of SACCOs.
- Factors influencing the level of regulatory compliance among SACCOs.
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter One introduces the study by providing background information on the SACCO industry in Kenya, highlighting the issue of financial performance and regulatory compliance. It outlines the problem statement, research objectives, research questions, and the study's significance and scope.
Chapter Two delves into the literature review, examining the theoretical and empirical understanding of financial regulation, its impact on corporate performance, and the specific regulatory framework for SACCOs in Kenya. It also explores various measures of financial performance and non-financial performance for evaluating the effectiveness of regulatory compliance.
Chapter Three outlines the research methodology employed in the study, including the research design, data collection methods, and data analysis techniques.
Schlüsselwörter (Keywords)
The study focuses on the key concepts of **regulatory compliance**, **financial performance**, **SACCOS**, **deposit-taking institutions**, **financial regulations**, **prudential financial management**, and **corporate performance**. The research delves into the relationship between these concepts and their impact on the stability and sustainability of SACCOs in the Western region of Kenya, particularly in Bungoma.
- Citation du texte
- Anonym (Auteur), 2021, Regulatory Compliance on Financial Performance of Deposit Taking SACCOs, Munich, GRIN Verlag, https://www.grin.com/document/1452686