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Volume 6 Number 11 November 2020

Fundamental Legal Bases of the Administrative Contract:  A Legal Institution in Cuba and Mexico


Authors: Salvador Santiago Villalobos González
Pages: 969-974
DOI: doi.org/10.32861/jssr.611.969.974
Abstract
This article aims to find the foundations of the administrative contract. lts similarities and differences, where it would be an institution of similar functions, in essence, pursuing the same goals. Specifically, it discusses the bases of the administrative management contract in Cuba and Mexico, taking into account  both countries have initiated the process  of the legal system development in the same way, however, at present, the administrative contract in each country is lead differently. The study shows that the administrative contract in Cuba is considered to be derived from the Spanish colony, while, in the Mexican law, there is a greater deepening and study of the French classic doctrine. However, in both cases, there is a strong influence of tradition brought by the colonization.

Performance Measurement of the Business Process Outsourcing Sector in Kenya: Balance Scorecard Approach


Authors: Chege Purity Nyambura ; Jesse Maina Kinyua ; Kirema Nkanata Mburugu
Pages: 962-968
DOI: doi.org/10.32861/jssr.611.962.968
Abstract
The aim of this study is to investigate the performance measurement of the business process outsourcing sector in Kenya using the balanced scorecard approach. The components of the approach include financial, internal processes, customers, learning and growth. The study was carried out in all the registered business process outsourcing companies in Kenya and questionnaires administered to the marketing managers of the respective companies. To analyze data, descriptive statistics and Kruskal Wallis Test were used.  Descriptive statistics was used to ascertain the view of the performance of the sector by use of means and standard deviations. Kruskal Wallis Test was used to obtain the perception of the respondents on the use of the four balanced scorecard perspectives in their companies. The study established that the business process outsourcing sector in Kenya used the balanced scorecard that included both financial and non- financial measures. However, they tended to lean more on the use of financial measures. This paper, therefore, recommends the use of non- financial measures to measure performance too.

The Effect of Procurement Practices on Supply Chain Performance of Selected Public Universities in Kenya


Authors: Linda Joan Ntinyari Kaaria ; Kirema Nkanata Mburugu ; Lucy Karimi Kirima
Pages: 954-961
DOI: doi.org/10.32861/jssr.611.954.961
Abstract
In any institution, success is majorly determined by the procurement practices adopted and how well these procurement practices are implemented. The study sought to establish the effect of procurement practices on the supply chain performance of selected public Universities in Kenya. The study adopted a cross-sectional descriptive survey research design and the target population was all public Universities in Counties in the Eastern and Central Region of Kenya. The sample size comprised of 66 staff members. The study used multiple regression analysis to determine the significance of the relationship between the dependent variable and all the independent variables pooled together. Principle component analysis was used to obtain the regression models. Kaiser Meyer Olkin (KMO) sample adequacy and Bartlett’s sphericity tests were used to identify whether the output from the principal component analysis were suitable for regression. The results indicated strategic partnerships ranked first, followed by inventory management, procurement planning, and finally financial resource management in terms of significance influence on supply chain performance. The policy implication is that Universities should embark on training of supply chain players to equip them with relevant knowledge. The research findings will be of help to both public and private entities in improving on their supply chains.

Liquidity Management and Financial Performance of Microfinance Institutions in Kenya


Authors: Alex Muriithi Njue ; Samuel Nduati Kariuki ; Duncan Mugambi Njeru
Pages: 943-953
DOI: doi.org/10.32861/jssr.611.943.953
Abstract
Sound liquidity management is integral for any financial institution’s stability and profitability, since deteriorating liquidity management is the most frequent cause of poor financial performance. As with any financial institution, the biggest risk in microfinance sector is lending money and not getting it back leading to liquidity problems as most of them have no access to lender of the last resort which is the Central Bank of Kenya. The study sought to investigate the effect of liquidity management on financial performance of microfinance institutions in Kenya. The target population of the study was all the twenty-six microfinance in Kenya that are members of Association of Microfinance Institutions and were licensed by the Central Bank of Kenya as at 2017. A census of all the twenty-six 26 Microfinance Institutions in Kenya was conducted for five years from 2012 to 2016. Secondary data on the study variables was gathered from the audited financial statements of the Microfinance Institutions. The study employed random effect model on a 5-year panel data from 2012 to 2016 on all the 26 Microfinance Institutions in Kenya. The study found a positive relationship between capital adequacy and financial performance and a negative relationship between asset quality, maturity gap and financial performance. The study would help Microfinance Institutions as they would use the research findings to develop liquidity management strategies to enable Microfinance Institutions improve on their financial performance.