Matches in SemOpenAlex for { <https://semopenalex.org/work/W2182925535> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W2182925535 abstract "Governments in collaboration with sectoral stakeholders have over the years continued to support small and medium enterprises (SMEs) as part of initiatives aimed at poverty alleviation, wealth and employment creation. In Kenya, the government of Kenya continues to strengthen the development of the sector including training in financial management. The purpose of this study was to investigate the factors affecting working capital management practice in small and medium enterprises in Nairobi, Kenya by specifically examining how the management of accounts receivables and payables, and the cash conversion cycles affect working capital management practice in these enterprises. Using descriptive research design, both primary and secondary data was collected from SMEs in Nairobi registered with the Federation of Small and Micro Enterprises and analysed to obtain both descriptive and inferential statistics. The study revealed positive significant relationship between accounts receivable, accounts payable and cash conversion, and working capital management practices in the enterprises. Similarly, a large majority reported acquiring in puts and selling output on credit with payments ranging from two weeks to even four months which however, affected the cash flow of the enterprises and consequently their ability to honor their financial obligations. Finally, a large majority obtained their finances from banks, micro-finance institutions, as well as shy-locks to boost their businesses unfortunately they ended up charging very high interests. In the end many enterprises could not repay the money on time while others could not afford to pay back thereby closing shop. It was recommended that SMEs need to balance between credit sales and cash sales so as to avoid running into a cash trap position; entrepreneurs need to be equipped with necessary financial management skills to effectively enhance their ability manage accounts payables and receivables efficiently to avoid the challenges that are likely to emanate from overreliance on debts. Necessary regulatory mechanisms need to be put in place governing credit facilities to ensure full disclosure of the information while at the same time cap interest chargeable." @default.
- W2182925535 created "2016-06-24" @default.
- W2182925535 creator A5023987025 @default.
- W2182925535 creator A5049733708 @default.
- W2182925535 date "2014-01-01" @default.
- W2182925535 modified "2023-09-24" @default.
- W2182925535 title "Determinants of Working Capital Management Practices in Small and Medium Enterprises in Nairobi" @default.
- W2182925535 cites W124311845 @default.
- W2182925535 cites W1506384916 @default.
- W2182925535 cites W1960228123 @default.
- W2182925535 cites W1996071806 @default.
- W2182925535 cites W2021408661 @default.
- W2182925535 cites W2031230777 @default.
- W2182925535 cites W2096679445 @default.
- W2182925535 cites W2187244557 @default.
- W2182925535 cites W2328413054 @default.
- W2182925535 cites W3005666425 @default.
- W2182925535 cites W3121210261 @default.
- W2182925535 cites W3158483897 @default.
- W2182925535 cites W560250641 @default.
- W2182925535 hasPublicationYear "2014" @default.
- W2182925535 type Work @default.
- W2182925535 sameAs 2182925535 @default.
- W2182925535 citedByCount "3" @default.
- W2182925535 countsByYear W21829255352015 @default.
- W2182925535 countsByYear W21829255352017 @default.
- W2182925535 countsByYear W21829255352018 @default.
- W2182925535 crossrefType "journal-article" @default.
- W2182925535 hasAuthorship W2182925535A5023987025 @default.
- W2182925535 hasAuthorship W2182925535A5049733708 @default.
- W2182925535 hasConcept C10138342 @default.
- W2182925535 hasConcept C121955636 @default.
- W2182925535 hasConcept C138885662 @default.
- W2182925535 hasConcept C144133560 @default.
- W2182925535 hasConcept C145097563 @default.
- W2182925535 hasConcept C162078301 @default.
- W2182925535 hasConcept C202451310 @default.
- W2182925535 hasConcept C2777910564 @default.
- W2182925535 hasConcept C2777973936 @default.
- W2182925535 hasConcept C2778137410 @default.
- W2182925535 hasConcept C41895202 @default.
- W2182925535 hasConcept C48879800 @default.
- W2182925535 hasConcept C506796395 @default.
- W2182925535 hasConcept C60679458 @default.
- W2182925535 hasConceptScore W2182925535C10138342 @default.
- W2182925535 hasConceptScore W2182925535C121955636 @default.
- W2182925535 hasConceptScore W2182925535C138885662 @default.
- W2182925535 hasConceptScore W2182925535C144133560 @default.
- W2182925535 hasConceptScore W2182925535C145097563 @default.
- W2182925535 hasConceptScore W2182925535C162078301 @default.
- W2182925535 hasConceptScore W2182925535C202451310 @default.
- W2182925535 hasConceptScore W2182925535C2777910564 @default.
- W2182925535 hasConceptScore W2182925535C2777973936 @default.
- W2182925535 hasConceptScore W2182925535C2778137410 @default.
- W2182925535 hasConceptScore W2182925535C41895202 @default.
- W2182925535 hasConceptScore W2182925535C48879800 @default.
- W2182925535 hasConceptScore W2182925535C506796395 @default.
- W2182925535 hasConceptScore W2182925535C60679458 @default.
- W2182925535 hasLocation W21829255351 @default.
- W2182925535 hasOpenAccess W2182925535 @default.
- W2182925535 hasPrimaryLocation W21829255351 @default.
- W2182925535 hasRelatedWork W1201173174 @default.
- W2182925535 hasRelatedWork W2002542086 @default.
- W2182925535 hasRelatedWork W2184612875 @default.
- W2182925535 hasRelatedWork W2189529414 @default.
- W2182925535 hasRelatedWork W2335018637 @default.
- W2182925535 hasRelatedWork W2498212455 @default.
- W2182925535 hasRelatedWork W2619059980 @default.
- W2182925535 hasRelatedWork W2679343804 @default.
- W2182925535 hasRelatedWork W274254220 @default.
- W2182925535 hasRelatedWork W2937483443 @default.
- W2182925535 hasRelatedWork W2940271121 @default.
- W2182925535 hasRelatedWork W2945819259 @default.
- W2182925535 hasRelatedWork W2951479677 @default.
- W2182925535 hasRelatedWork W3159726558 @default.
- W2182925535 hasRelatedWork W3163527595 @default.
- W2182925535 hasRelatedWork W3207956248 @default.
- W2182925535 hasRelatedWork W999998493 @default.
- W2182925535 hasRelatedWork W1902012255 @default.
- W2182925535 hasRelatedWork W2184909911 @default.
- W2182925535 hasRelatedWork W2274073278 @default.
- W2182925535 isParatext "false" @default.
- W2182925535 isRetracted "false" @default.
- W2182925535 magId "2182925535" @default.
- W2182925535 workType "article" @default.