ARTICLE
TITLE

EFFECTS OF CREDIT RISK ON PERFORMANCE OF TRANSPORT FIRMS IN KENYA

SUMMARY

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

 Articles related

Ivo J.M. Arnold    

Economic theory provides at least two explanations for differential regional effects of a common monetary policy. The traditional money view focuses on regional differences in industry mix. Alternatively, the more recent cre... see more


H.W. ARNDT    

Some advocates of financial development have made a powerful case against government control of interest rates by resting their case on the discriminatory effects of credit rationing. In doing so they have confused the issues by attributing to government... see more


T. PADOA-SCHIOPPA    

In 1973 and 1974, a selective credit policy was introduced in Italy with two provisions: one prescribed fixed minimum purchases of securities for the banks, the other placed growth ceilings on certain categories of loans. This article does not judge Ital... see more


H. MAYER    

The Euro-dollar market and in particular its impact on the world supply of credit is currently one of the most controversial and at the same time one of the most important topics of international finance. In an article published in September 1970, Machlu... see more


W.L. SILBER    

This survey reviews both the theoretical and empirical literature on selective credit policies. The major concern with most of the researchers in this area has been the range of conditions under which selective policies are effective. The author fist loo... see more