Vol 12 Issue 1 April 2024-September 2024

Abstract: Working capital management influences the financial performance of Sulfo Rwanda Industries Ltd because it affects inventory management, accounts receivables management and the cash conversion cycle function. This research aims to examine the effect of working capital management on financial performance of Sulfo Rwanda Industries Ltd. The study used correlation design with a quantitative approach. The sample size was 101 which included 8 members of management and 93 other staff of Sulfo Rwanda Industries Ltd and only 92 respondents participated in the study. Purposive sampling technique was used to select respondents. The close-ended questionnaire was used for collecting data. Data was analyzed using descriptive analysis and inferential statistics. The findings revealed that, inventory management has a significant effect on the financial performance of Sulfo Rwanda Industries Ltd (β=.229, p<.05). Second, accounts receivables management also has a significant effect on the financial performance of Sulfo Rwanda Industries Ltd (β=.066, p<.05). Third, cash conversion cycle management has a significant effect on the financial performance of Sulfo Rwanda Industries Ltd (β=-.146, p>.05). The study recommends strengthening and optimizing inventory management practices, enhancing credit assessment processes, addressing supply chain challenges and adopting effective cash flow forecasting and budgeting practices. This study's contribution lies in its potential to benefit Sulfo Rwanda Industries Ltd by guiding effective working capital management for improved financial stability and efficiency. Additionally, it offers valuable insights for manufacturing firms in Rwanda, aiding policy-making for optimized working capital and better financial outcomes, while also enriching academia's understanding of the field and providing a foundation for further research. Nevertheless, there is need to conduct more research on factors that moderate the relationship between working capital management practices and financial performance as well as conducting a comprehensive cross-sectional survey encompassing a diverse range of firms across various industries and geographical settings to improve reliability of findings.

Keywords: Working capital management, financial performance, Sulfo Rwanda Industries, improve reliability of findings.

Title: EFFECT OF WORKING CAPITAL MANAGEMENT ON FINANCIAL PERFORMANCE OF SULFO RWANDA INDUSTRIES LTD

Author: ISARO DIANE

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 69-79

Research Publish Journals

Website: www.researchpublish.com

Published Date: 16-May-2024

Abstract: This study sought at determining effects of board size on financial performances of twelve commercial banks listed at NSE. The hypotheses of agency, stakeholders, and resource dependency supported the factors employed where the study was subjected to explanatory method of design.  Secondary data is going to be obtained from NSE, and bank financial statements within time frame of 2015-2022 and subjected to normality, multicollinearity, heteroskedasticity, autocorrelation and linearity diagnostic tests before being analyzed using inferential analysis and descriptive statistics. Ethical standards were duly followed. The outcome demonstrated that board size of Kenyan listed commercial banks has an insignificantly positive financial performance effect; It was discovered that the relationship of interest rate with board size positively affected financial performance but in an insignificant manner. The study recommend that the board size should be reviewed to ensure that such board size tallies with the size of the firms responsible to avoid excessive remunerations to many board members in Kenya. This would allow for quick decision making that would facilitate the financial performance of listed commercial banks in Kenya.

Keywords: Board Size, Interest Rate, Financial Performance, Return on Assets.

Title: BOARD SIZE AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS LISTED AT THE NAIROBI SECURITIES EXCHANGE, KENYA

Author: Dickson Sintei Muntolol, Dr Francis Githagia

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 60-68

Research Publish Journals

Website: www.researchpublish.com

Published Date: 30-April-2024

Abstract: Purpose: Examine the relationship between Corporate Social Responsibility (CSR) and financial performance in Muscat Stock Exchange in the years 2020-2023.

Hypothesis:

H1: There is a positive linear relationship between a company’s CSR performance and its accounting based financial performance (represented by ROA).

H2: There is a positive linear relationship between a company’s CSR performance and its market based financial evaluation (represented by Tobin’s Q).

H3: Industry moderates the relationship between CSR and financial performance

H4: Firm size moderates the relationship between CSR and financial performance.

Theoretical framework: CSR, Previous research

Methodology: Longitudinal study, Secondary analysis

Conclusion: Hypothesis 1 may be rejected. Hypothesis 2 may be rejected. Hypothesis 3 may be rejected. Hypothesis 4 may be rejected.

Keywords: Corporate Social Responsibility (CSR), financial performance, Muscat Stock Exchange.

Title: Corporate Social Responsibility and its impact on Financial Performance

Author: Dr. Salman Nusrat, Ms. Sujata V 

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 46-59

Research Publish Journals

Website: www.researchpublish.com

Published Date: 13-April-2024

Abstract: Community-based projects have had a tremendously positive influence on development in many countries around the world. The efforts of community-based projects are having a positive impact on an estimated two million people in Kenya. However, it has been noted that the majority of community development initiatives in Kenya have failed to sustain themselves, become self-sufficient, and the communities have failed to continue running them. Therefore, this study sought to investigate the influence of of stakeholder participation on the performance of community development projects in Machakos County, Kenya. The research design for the study was descriptive. In Machakos County, Kenya, seven community livelihood projects that were finished between 2018 and 2022 were the study's target population. To ensure that every respondent is fairly represented, the study employed stratified sampling. A simple random sampling method was used to choose the respondents. 259 respondents make up the sample. The data for this study were gathered using a semi-structured questionnaire. The questionnaire's validity was assessed in this study using criteria validity, construct validity, and content validity. This study was evaluated for reliability using the Cronbach Alpha coefficient test. The quantitative data was analyzed using descriptive statistics (means, standard deviation, frequency, and percentages). Inferential statistics (regression analysis) were used to determine the extent to which one variable affects another. The study discovered that the effectiveness of community development projects in Machakos County, Kenya, was positively significantly impacted by stakeholder participation. The study comes to the conclusion that stakeholders are an essential part of every project and company. According to the study, in order for a project to succeed, all parties involved must have a thorough understanding of its goals and procedures.

Keywords: Stakeholder Participation, Project Performance.

Title: INFLUENCE OF STAKEHOLDER PARTICIPATION ON THE PERFORMANCE OF COMMUNITY DEVELOPMENT PROJECTS IN MACHAKOS COUNTY, KENYA

Author: Emily Wangui Muchemi, Dr. Lucy Ngugi

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 39-45

Research Publish Journals

Website: www.researchpublish.com

Published Date: 11-April-2024

Abstract: Sustainability in Marketing: The correlation between sustainability and marketing has garnered significant attention in recent times, indicating the growing consciousness of businesses, consumers, and policymakers regarding environmental and social concerns. The purpose of the article is to initiate a discussion among marketers by providing a fundamental examination of the challenging relationships between marketing strategies and sustainability goals. This paper uses an analysis of writing that combines academic research, industry studies, and market evaluations to make sense of the evolving landscape of sustainable marketing practices and examines the opportunities and challenges they present for businesses. Using a subjective analysis, the paper explores partners' perspectives on realistic fitness promotion, behaviors, and mindsets.

By combining ideas from several sources, the study provides a thorough overview of the challenges involved in incorporating sustainability into the advertising process. Important topics come to light, such as the definition of a company's duty to sustainability, the effect of regulatory frameworks, and the extent to which customers can make sense of it. The article's primary purpose is to encourage advertisers to engage in thoughtful discourse and argumentation, confronting predetermined beliefs and illuminating astute solutions that counteract marketing aims with broader goals of sustainability. By means of this discussion, the article aims to enhance comprehension of the connection between marketing and sustainability, clearing the path for future marketing strategies that are more conscientious and purpose-driven.

Keywords: Marketing, Sustainability, Business Development.

Title: Sustainability in Marketing

Author: Melek KURTISHAGAI

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 34-38

Research Publish Journals

Website: www.researchpublish.com

Published Date: 05-April-2024

Abstract: Recruitment and selection is the process of determining the requirements for a vacancy, identifying the vacancy and the needs of the person holding the position, advertising the desired position, and selecting the most desirable and qualified candidates. Because human resources are very important in achieving organizational goals and success. Therefore, recruiting and selecting the right person for the right job is important to the success of any organization. The huge value of human capital in an organization gives them a competitive advantage and becomes the lifeblood of the organization. This study examines the complexity of recruitment and selection at Mysore Sugar Company Limited Mandya. This study examines the literature review on the recruitment and selection procedures followed by organizations. This study aims to analyze and explain the recruitment and selection of an organization and how this process affects the overall performance of the organization. It examines the role and importance of human resources in recruitment and explores various aspects that need to be addressed. Think about it. Consider before choosing the people, processes and steps involved in the recruitment and selection process and provide helpful advice on how to operationalize the recruitment process and better career options. The research was conducted using primary and secondary data. A survey was used to collect relevant data from 40 employees. Results are obtained using percentages. Data analysis is done through statistical tools. such as table digraphs. The findings of the study revealed that Mysore Sugar Corporation Limited (Mandya) follows the best recruitment and selection practices, they have career advancement opportunities, they are satisfied with the organization. They are currently eligible to work for and the organization adheres to a fair recruitment policy.

Keywords: Employees, recruitment, selection, recruitment policy, career growth opportunity, job satisfaction.

Title: AN ANALYTICAL STUDY OF RECRUITMENT AND SELECTION PROCESS AT MYSORE SUGAR COMPANY LTD., MANDYA

Author: Dhanalakshmi R, Sunil G E

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 17-33

Research Publish Journals

Website: www.researchpublish.com

Published Date: 04-April-2024

Abstract: This study ascertained how procurement management practices, specifically supplier relationship management, inventory management, contract management, and e-procurement adoption management affected performance of supermarkets in Nairobi City County, Kenya. The variables selected were supported by stakeholder, resource-based view, and system theories. Descriptive design was deployed during the investigation. The population targeted comprised of 94 registered large and medium supermarkets in Nairobi County. The participants included procurement managers and officers at all 94 supermarkets in Nairobi City County composed of 282 participants. The survey employed all 282 participants utilizing census technique as the size of the sample. Utilizing questionnaires, primary data was acquired. Outcomes of the investigation displayed that Supplier Relationship Management practices significantly in a manner that is positive (β = 0.202) affects supermarkets performance in Nairobi City County, Kenya; inventory management practice positively (β = 0.185) affect performance of the supermarkets; contract management practice positively (β = 0.135) but affected the performance insignificantly of the supermarkets; while e-procurement adoption significantly affected supermarkets performance in a positive (β = 0.299) manner. The survey recommends that management of supermarkets should enhance their supplier management to boost the supermarkets performance. This would allow for building of a stronger relationship with the suppliers thus cutting down cost as a result of discounting fees.

Keywords: Supplier Relationship Management Practice, Inventory Management Practice, Contract Management Practice, E-procurement Adoption Management and Organizational Performance.

Title: PROCUREMENT MANAGEMENT PRACTICES AND PERFORMANCE OF SELECTED SUPERMARKETS IN NAIROBI CITY COUNTY, KENYA

Author: Grace Kairo Letimorit Sigore, Perris Chege

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 12, Issue 1, April 2024 - September 2024

Page No: 1-16

Research Publish Journals

Website: www.researchpublish.com

Published Date: 04-April-2024