EFFECTS OF CREDIT RISK ON PERFORMANCE OF TRANSPORT FIRMS IN KENYA

  • Jamal Ali Mohamed Noor Mombasa County Government
  • Dr. Agnes Njeru University of Agriculture and Technology – Karen Campus
  • Dr. Esther Muoria University of Agriculture and Technology 
Keywords: Risk, Credit Risk, Triangulation, Financial Performance, Firms, ROI, ROA

Abstract

The specific objective of this study was to establish the effect of credit risk on performance of  transport firms in Mombasa County. The study employed triangulation (Mixed of quantitative  and qualitative) research design. The target population was 2013 firms and the sample size was 172 firms arrived at through stratified and purposive sampling methods. The questionnaire was  the primary data tool. The study found out that credit risk has significant effects on financial
performance of transport firms in Kenya. It concludes that transport firms should maintain appropriate credit measurement, administration and monitoring. It recommends that managers  of Transport firms should continuously ensure adequate controls over credit risk are put in  place

Author Biographies

Jamal Ali Mohamed Noor, Mombasa County Government

PhD Student- Assistant Director, Finance and Administration

Dr. Agnes Njeru, University of Agriculture and Technology – Karen Campus

Lecturer - Jomo Kenyatta University of Agriculture and Technology

Dr. Esther Muoria, University of Agriculture and Technology 

Registrar, Academic Affairs - Jomo Kenyatta University of Agriculture and Technology 

Published
2017-12-31