http://erepository.kafuco.ac.ke/123456789/39 2026-06-17T15:05:24Z http://erepository.kafuco.ac.ke/123456789/296 An Assessment of Financial Performance among Integrated Reporting Adopters Versus NonAdopters on the Nairobi Securities Exchange Omare, Dominic Abuga This study assesses whether financial performance differs between Nairobi Securities Exchange listed firms that adopt integrated reporting and those that do not, and whether any differences emerge over time. Using a panel dataset of NSE-listed firms observed across multiple years with 2015 as the baseline, the study applies a year fixed-effects regression framework to control for time effects while testing whether IR adoption status explains variation in firm performance. Integrated reporting is operationalized as a binary indicator (adopter = 1; non-adopter = 0). Financial performance is captured using both accounting-based measures (return on assets, return on equity, net profit margin, and return on investment) and a market-based measure (firm value). The regression results show that IR adoption status is not a statistically significant predictor of firm value, net profit margin, return on equity, return on assets, or return on investment in the short run, indicating that adopters do not immediately outperform non-adopters. However, the year fixed effects reveal that several performance indicators improve progressively over time relative to the baseline year, suggesting that performance gains may accumulate gradually as firms gain experience with IR and strengthen internal alignment of strategy, risk management, governance, and reporting processes. The findings imply that integrated reporting is unlikely to deliver immediate financial benefits but may support longer-term improvements in performance trajectories. The study recommends that NSE firms focus on sustained and high-quality IR implementation and that regulators promote credibility and comparability to enhance value relevance 2026-01-01T00:00:00Z http://erepository.kafuco.ac.ke/123456789/295 THE EFFECT OF FINANCIAL REPORTING PRACTICES ON FINANCIAL ACCOUNTABILITY IN THE PUBLIC UNIVERSITIES IN KENYA Ehaji Lumwaji Hesborn, Lumwaji Hesborn; Atieno, Margaret; Opanyi, Robert This study evaluated the impact of financial reporting on financial accountability in public universities in Kenya. The study was anchored on Accountability Theory and Financial Accounting Theory. The target population comprised 409 respondents drawn from finance officers, council chairpersons, vice-chancellors, internally generated income coordinators, accountants, and internal auditors. A sample of 202 participants was determined using Yamane’s formula. Employing a descriptive research design, primary data were collected through structured questionnaires. Data were analyzed using descriptive and inferential statistics. The linear regression model showed a negative and significant effect of financial reporting on financial accountability (unsupported expenditure) in the public universities in Kenya, with a regression coefficient of -0.287. The study concludes that effective application of financial reporting practices enhances financial accountability by curbing unsupported expenditures in Kenyan public universities. It recommends structured capacity-building for accounting staff and the establishment of robust authorization and approval frameworks to strengthen fiscal discipline and governance integrity. 2025-01-01T00:00:00Z http://erepository.kafuco.ac.ke/123456789/294 Analyzing Frameworks and Practices For I.T Governance and Compliance Within Mis Environments in Uasin Gishu County Tanda, Monayo Obed This study examined the frameworks and practices for IT governance and compliance within Management Information Systems (MIS) environments in Uasin Gishu County, employing a mixed-methods approach. Quantitative surveys, utilizing Likert-scale questions, were distributed to IT professionals and managers across diverse organizations, supplemented by qualitative semistructured interviews. The sample population of 75 ensured representation from various sectors and maturity levels of IT governance frameworks. Data analysis involved statistical methods for quantitative data and thematic analysis for qualitative insights. The findings indicated existing risk management processes within MIS environments, albeit with areas for improvement such as enhancing risk identification and mitigation, aligning with organizational objectives, and cultivating a risk-aware culture. Evaluation revealed varying levels of performance and efficiency in IT governance practices, suggesting opportunities for enhancing transparency, accountability, and stakeholder engagement. Recommendations included implementing thorough review processes for risk assessment documentation, enhancing the effectiveness of risk mitigation strategies, and improving the analysis of audit reports. The study underscored the importance of continuous evaluation and improvement in IT governance and compliance practices to align IT initiatives with organizational goals effectively. 2024-04-01T00:00:00Z http://erepository.kafuco.ac.ke/123456789/293 EFFECT OF FINANCIAL CAPITAL REPORTING ON FIRM VALUE OF LISTED COMPANIES IN KENYA Omare, Dominic Abuga; Omondi., Margaret Atieno; Opanyi, Robert Ouma Firm value in many companies has been deteriorating because of the lack of reporting financial and non-financial information, resulting in lack of transparency and accountability. In today's world, most successful businesses recognize that any business venture's core purpose is to create firm value for investors, customers, and employees by adopting integrated reporting. Despite adopting integrated reporting, many companies are not doing well financially; hence, they need to do more research on integrated reporting. The study's objective was to determine the effect of financial capital reporting on the firm value of listed companies. Trade-off theory guided the study. Positivism research philosophy was used to guide the study. A correlational research design was adopted. The study population comprised 23 companies adopting integrated reporting listed in the Nairobi Securities Exchange. The choice of the listed firms at the Nairobi Securities Exchange was validated because it was the only stock market in Kenya legally required to prepare integrated reports under the company act CAP 486. A census survey was employed. Secondary data was collected from the Nairobi Securities Exchange website from 2015 through 2022 for eight years. Panel summary statistics and panel data regressions were used to analyze the gathered data. The components of descriptive statistics included overall means, standard deviations, minimum and maximum ratios, the between-firm standard deviations, and the within-firm standard deviations. Panel data regressions included serial correlation tests, stationarity tests, Hausman tests, Breusch-Pagan Lagrange multiplier (LM) tests, and testparm tests. The Hausman test was used to select suitable models between the random effects (RE) and fixed effects (FE) for each variable modeling. The findings analyzed using STATA established that financial capital reporting positively and significantly affects the firm value of listed companies in a way that increasing financial capital reporting improves the firm's overall value. Firm value does not, however, vary significantly with time but is slightly influenced by unobserved firmspecific effects. Moreover, the benefits of adopting reporting standards are only felt in the long run. This finding reinforces existing research by adding the knowledge that the exact variance in firm value that unobserved firm-specific factors add to the idiosyncratic error can be determined when the appropriate model is employed 2025-01-01T00:00:00Z