Please use this identifier to cite or link to this item: http://hdl.handle.net/10321/1614
Title: Debt financing structure within the State-owned corporations in Kenya
Authors: Nyamita, Micah Odhiambo 
Dorasamy, Nirmala 
Garbharran, Hari Lall 
Keywords: Debt Financing;Debt Financing Theories;Public Debt;Private Debt;Capital Markets
Issue Date: 2015
Publisher: Virtus Interpress
Source: Nyamita, M. O.; Dorasamy, N. and Garbharran, H. L. 2015. Debt financing structure within the State-owned corporations in Kenya. Journal of Governance and Regulation, 5(3): 22-30.
Journal: Risk governance & control: financial markets & institutions (Print) ItemCrisRefDisplayStrategy.journals.deleted.icon
Abstract: The current public sector financial management reforms agenda within the state-owned corporations in Kenya aimed at integrating and aligning their performance to vision 2030, has not yet achieved the traction required. This study, therefore, examined the different types of debt financing strategies applied by the various state-owned corporations in Kenya, in comparison to those applied by state-owned corporations from developed and developing economies. The study specifically revealed that private debt financing, through bank loans and payables is commonly used amongst Kenyan state-owned corporations. While, most state-owned corporations from developed and developing economies, such as in America, Europe, Asia and South Africa, use public debt financing, through financial securities, traded in both domestic and international capital markets.
URI: http://hdl.handle.net/10321/1614
ISSN: 2077-429X
Appears in Collections:Research Publications (Management Sciences)

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