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dc.contributor.authorChacha, Violet Kevin
dc.contributor.authorMuturi, Willy
dc.contributor.authorMogwambo, Vitalis Abuga
dc.date.accessioned2018-11-21T12:58:12Z
dc.date.available2018-11-21T12:58:12Z
dc.date.issued2016
dc.identifier.issn2412-0294
dc.identifier.urihttp://ir.jooust.ac.ke:8080/xmlui/handle/123456789/2952
dc.description.abstractThe purpose of this study was to establish the influence of capital structure and diversification of financial products on the performance of Sacco Societies in Kenya particularly Gusii Mwalimu Sacco society.The findings include: refinancing loans which was one of the diversified financial products of the Sacco had the greatest correlation with performance of the Sacco (Pearson Correlation = 0.907) this was attributed to its high level of interest charge on this financial product when compared with other financial products. Performance of the Sacco depends on firm’s capital structure, Sacco’s financial products diversification; Performance of the Sacco (PS) = 2.002E-15 + 0.778 FPD+ 0.222FCS.The capital structure had a significant contribution to performance (β=0.214, p= 0.0000<0.005) while Financial Products diversification had the highest significant contribution (β=0. and a strong association exists between financial products Diversification, Sacco capital Structure and Performance (R = 0.984) and the variation in Sacco’s Performance can be accounted for upto 96.7% by the regressors: Sacco’s capital structure as Kenya shillings over time and volume of Kenya shillings given out as loans on financial Products offered by the Sacco to its customers. The study recommends that Saccos should observe Capital structure requirements and financial products diversification to maximize their performanceen_US
dc.language.isoenen_US
dc.publisherijssit.comen_US
dc.subjectCapital Structureen_US
dc.subjectFinancial Products Diversification.786, p = 0.0000<0.005)en_US
dc.titleInfluence of firm’s capital structure on the relationship between financial products diversification and performance of Sacco societies in Kenya: a case study of Gusii mwalimu sacco in Kisii countyen_US
dc.typeArticleen_US


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