Show simple item record

dc.contributor.authorShukrani, Kenga Dominic
dc.contributor.authorAli, Dr Banafa
dc.date.accessioned2021-05-12T09:01:12Z
dc.date.available2021-05-12T09:01:12Z
dc.date.issued2019
dc.identifier.issn2310-9186
dc.identifier.urihttps://ir.tum.ac.ke/handle/123456789/17377
dc.description.abstractThe general objective of the study was to investigate the effect of macro-economic variables volatility on the financial perfor mance of commercial banks listed at the Nairobi securities exchange (NSE). The specific objectives were to establish the effect of volatility of the macro-economic variables which included interest rate, inflation rate, GDP and exchange rate on the financial per formance of commercial banks listed at the Nairobi securities exchange. The study employed secondary data covering a ten-year period from 2009 to 2018. The target population of study constituted the eleven banks listed at the NSE covering a 10 years period of observation, thus making the total units of analysis in the study to be 110. The study used census technique so as to obtain data from these commercial banks. Reports from the Kenya National Bureau of Statistics (KNBS), Central Bank of Kenya (CBK) and the Nairobi Securities Exchange (NSE), were reviewed so as to obtain the commercial banks’ financial performance data, inflation rate data, ex change rate data, GDP data and Interest rate data. The study used descriptive research design. Data was analyzed using quantitative techniques. Descriptive analysis generated descriptive statistics in form of mean, variance and standard deviation. Inferential analysis namely correlation and multiple linear regression analysis was conducted. Correlational analysis was conducted so as to determine whether multicollinearity problem was there and the Multiple Liner Regression Model was used so as to test the hypothesis. Correla tion results found negative relationship between interest rate, inflation rate and GDP and financial performance. Hypothesis findings at 95% found significant effect on interest rate, inflation rate and GDP with financial performance hence rejecting H01 , H02 and H04: null hypothesis. Finally H03 was accepted at 95% level of confidence finding no significance effect on exchange rate with financial performance of commercial banks. Conclusion, recommendations and further studies were suggesteden_US
dc.language.isoenen_US
dc.relation.ispartofseries;Volume 7, Issue 10
dc.subjectcommercial banksen_US
dc.subjectNairobi securities exchange (NSE)en_US
dc.subjectKenya National Bureau of Statistics (KNBS)en_US
dc.subjectCentral Bank of Kenya (CBK)en_US
dc.titleEFFECT OF MACRO-ECONOMIC VARIABLE VOLATILITY ON THE FINANCIAL PERFORMANCE OF COMMERCIAL BANKS LISTED AT THE NAIROBI SECURITIES EXCHANGEen_US
dc.typeArticleen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record