Orodi Kamau 2022a - Revision history

Ajocseditor at 23:06, 10 March 2023

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Ajocseditor at 22:56, 10 March 2023

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Ajocseditor: Ajocseditor moved page Draft Kamau 296359489 to Orodi Kamau 2022a

2023-03-10T22:43:07Z

Ajocseditor moved page Draft Kamau 296359489 to Orodi Kamau 2022a

Ajocseditor: Created page with " == Abstract == Fiscal policy refers to the use of government spending and tax policies to influence economic conditions. Fiscal policies have existed for a long time, with m..."

2023-03-10T22:43:04Z

Created page with " == Abstract == Fiscal policy refers to the use of government spending and tax policies to influence economic conditions. Fiscal policies have existed for a long time, with m..."

New page

== Abstract ==

Fiscal policy refers to the use of government spending and tax policies to influence economic conditions. Fiscal policies have existed for a long time, with major debates between proponents of the Keynesian model and the monetary approach. Fiscal policy can either be contractionary, expansionary, or neutral. This study analyses the literature on the effect of the national budget on banks performance; effect of Taxation on bank performance; and the effect of public expenditure on performance of Banks in Kenya. The literature shows that government expenditure is a good fiscal policy measure in terms of the positive performance of commercial banks however, there is a need to consider the issue of corruption that negatively affects the expenditure controls that are crucial in an effective government approach in terms of the way the authorities ensure effective expenditure programs. Budget surplus and the positive impact on banks’ lending, no direct or clear argument shows the role of budgeting on commercial banks' performance. Taxes also play an important role in developing infrastructures that are crucial for the improved performance of firms. However, gaps exist in literature that needs to explored by further studies.

== Full document ==
<pdf>Media:Draft_Kamau_296359489-9964-document.pdf</pdf>

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 == References ==
 Albertazzi, U., & Gambacorta, L. (2010). Bank profitability and taxation. Journal of Banking & Finance, 34(11), 2801-2810. doi:https://doi.org/10.1016/j.jbankfin.2010.06.003
 Alper, E., Clements, B. J., Hobdari, N. A., & Porcel, R. M. (2019). Do Interest Rate Controls Work? Evidence from Kenya. IMF. Retrieved from https://www.imf.org/en/Publications/WP/Issues/2019/05/31/Do-Interest-Rate-Controls-Work-Evidence-from-Kenya-46877
 Baldacci, E., Gupta, S., & Mulas-Granados, C. (2009). How effective is fiscal policy response in systemic banking crises? SSRN. Retrieved from https://ssrn.com/abstract=1442263
 Blinder, A. S. (2008). Keynesian economics. The concise encyclopedia of economics. Retrieved from https://studynotesunisa.co.za/wp-content/uploads/2018/12/Scanned-notes-6.pdf
 Chauvet, L., & Ferry, M. (2021). Taxation, infrastructure, and firm performance in developing countries. Public Choice, 187(3), 455-480. doi:https://doi.org/10.1007/s11127-020-00788-4
 Constâncio, V. (2020). The return of fiscal policy and the euro area fiscal rule. Comparative Economic Studies, 62(3), 358-372. doi:https://doi.org/10.1057/s41294-020-00122-3
 Dinç, I. S. (2005). Politicians and banks: Political influences on government-owned banks in emerging markets. Journal of financial economics, 77(2), 453-479. doi:https://doi.org/10.1016/j.jfineco.2004.06.011
 Du, L. (2015). Positive correlation between government expenditure and real interest rate: Testing Ramsey Model based on American and Chinese data. Procedia Economics and Finance, 30, 202-212. doi:https://doi.org/10.1016/S2212-5671(15)01287-3
 Eboso, J. M. (2018). Government Expenditure and Public Sector Corruption in Kenya. University of Nairobi. Retrieved from http://41.204.161.209/handle/11295/157018
 Guguyu, D. (2022, March 9). CBK lifts freeze on bank lending rates after IMF notice. Business Daily. Retrieved from https://www.businessdailyafrica.com/bd/economy/cbk-lifts-freeze-on-loan-prices-after-imf-notice-3741594
 Kamau, C. G., Mutiso, A. N., & Ngui, D. M. (2012). Tax avoidance and evasion as a factor influencing ‘Creative Accounting practice’among Companies in Kenya. Journal of Business Studies Quarterly, 4(2), 77–84. doi: https://doi.org/10.5281/zenodo.6850559
 Kenga, D. S., Kamau, C. G., & Amayo, S. A. (2022). Effect of Corona-virus Disease 2019 (COVID-19) and Inflation Rate on the Foreign Exchange Rate in Kenya. Asian Journal of Economics, Business and Accounting, 22(14), 12-24. doi:https://doi.org/10.9734/ajeba/2022/v22i1430620
 Kipkemoi, S., Atambo, W., & Mogwambo, V. A. (2016). Effects of Fiscal Policy on the Profitability of Commercial Banks in Kenya: A Case Study of Kenya Commercial Bank. International Journal of Social Sciences and Information Technology, II(IX), 1323-1336. Retrieved from https://www.ijssit.com/main/wp-content/uploads/2016/10/EFFECTS-OF-FISCAL-POLICY-ON-THE-PROFITABILITY-OF-COMMERCIAL-BANKS-IN-KENYA.pdf
 Kithandi, C. K. (2022). Monetary Policy and Financial Performance of Commercial Banks in Kenya. The International Journal of Business and Management, 10(6), 40-46. doi:DOI: https://doi.org/10.24940/theijbm/2022/v10/i6/BM2206-007
 Kulundu et al. (2020). Fiscal Policies in Kenya: Effects on Poverty and Inequalities.
 Larch, M., & Martins, J. N. (2009). Fiscal policy making in the European Union: an assessment of current practice and challenges. Routledge.
 Maigua, C., & Mouni, G. (2016). Influence of interest rates determinants on the performance of commercial banks in Kenya. International journal of academic research in accounting, finance and management sciences, 2, 121-133. Retrieved from https://ideas.repec.org/a/hur/ijaraf/v6y2016i2p121-133.html
 Mathias, S. M. (2021). Impact of Covid-19 Pandemic on Performance of Kenyan Banks. University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke/handle/11295/160473
 Muhindi, K. A., & Ngaba, D. (2018). Effect of firm size on financial performance on banks: Case of commercial banks in Kenya. International Academic Journal of Economics and Finance, 3(1), 175-190. Retrieved from http://www.iajournals.org/articles/iajef_v3_i1_175_190.pdf
 O'Neill, A. (2022). Kenya: Budget balance between 2017 to 2027 in relation to GDP. Retrieved from Statista: https://www.statista.com/statistics/451121/kenya-budget-balance-in-relation-to-gdp/
 Owino, E. (2021). Domestic financial flows in Kenya before and during Covid-19. Development Initiatives. Retrieved from https://devinit.org/resources/domestic-financial-flows-kenya-covid-19/
 Pattanayak, S. (2016). Expenditure Control: Key Features, Stages, and Actors. International Monetary Fund. Retrieved from https://www.imf.org/external/pubs/ft/tnm/2016/tnm1602a.pdf
 Thiongo, P. K. (2018). Effect of Loan Portfolio Growth on Financial Performance of Commercial Banks in Kenya. Technical University of Mombasa. Retrieved from http://41.89.128.50:8080/handle/123456789/13428
 Wanyonyi, D. J., Kamau, C. G., & Sasaka, P. S. (2019). Effect of Loanable Funds and Director’s Skills on Financial Performance of Non Deposit Taking SACCOS in Mombasa County. International Journal of Sciences: Basic and Applied Research, 48(4), 108-124. Retrieved from https://core.ac.uk/outputs/249336790
 World Bank. (2010). Fiscal Policies and Institutions for Shared Growth in Kenya: Lessons. Retrieved from https://openknowledge.worldbank.org/handle/10986/12980

← Older revision		Revision as of 22:56, 10 March 2023
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	== Full document ==		== Full document ==
	<pdf>Media:Draft_Kamau_296359489-9964-document.pdf</pdf>		<pdf>Media:Draft_Kamau_296359489-9964-document.pdf</pdf>
		+
		+	== References ==
		+	Albertazzi, U., & Gambacorta, L. (2010). Bank profitability and taxation. Journal of Banking & Finance, 34(11), 2801-2810. doi:https://doi.org/10.1016/j.jbankfin.2010.06.003
		+	Alper, E., Clements, B. J., Hobdari, N. A., & Porcel, R. M. (2019). Do Interest Rate Controls Work? Evidence from Kenya. IMF. Retrieved from https://www.imf.org/en/Publications/WP/Issues/2019/05/31/Do-Interest-Rate-Controls-Work-Evidence-from-Kenya-46877
		+	Baldacci, E., Gupta, S., & Mulas-Granados, C. (2009). How effective is fiscal policy response in systemic banking crises? SSRN. Retrieved from https://ssrn.com/abstract=1442263
		+	Blinder, A. S. (2008). Keynesian economics. The concise encyclopedia of economics. Retrieved from https://studynotesunisa.co.za/wp-content/uploads/2018/12/Scanned-notes-6.pdf
		+	Chauvet, L., & Ferry, M. (2021). Taxation, infrastructure, and firm performance in developing countries. Public Choice, 187(3), 455-480. doi:https://doi.org/10.1007/s11127-020-00788-4
		+	Constâncio, V. (2020). The return of fiscal policy and the euro area fiscal rule. Comparative Economic Studies, 62(3), 358-372. doi:https://doi.org/10.1057/s41294-020-00122-3
		+	Dinç, I. S. (2005). Politicians and banks: Political influences on government-owned banks in emerging markets. Journal of financial economics, 77(2), 453-479. doi:https://doi.org/10.1016/j.jfineco.2004.06.011
		+	Du, L. (2015). Positive correlation between government expenditure and real interest rate: Testing Ramsey Model based on American and Chinese data. Procedia Economics and Finance, 30, 202-212. doi:https://doi.org/10.1016/S2212-5671(15)01287-3
		+	Eboso, J. M. (2018). Government Expenditure and Public Sector Corruption in Kenya. University of Nairobi. Retrieved from http://41.204.161.209/handle/11295/157018
		+	Guguyu, D. (2022, March 9). CBK lifts freeze on bank lending rates after IMF notice. Business Daily. Retrieved from https://www.businessdailyafrica.com/bd/economy/cbk-lifts-freeze-on-loan-prices-after-imf-notice-3741594
		+	Kamau, C. G., Mutiso, A. N., & Ngui, D. M. (2012). Tax avoidance and evasion as a factor influencing ‘Creative Accounting practice’among Companies in Kenya. Journal of Business Studies Quarterly, 4(2), 77–84. doi: https://doi.org/10.5281/zenodo.6850559
		+	Kenga, D. S., Kamau, C. G., & Amayo, S. A. (2022). Effect of Corona-virus Disease 2019 (COVID-19) and Inflation Rate on the Foreign Exchange Rate in Kenya. Asian Journal of Economics, Business and Accounting, 22(14), 12-24. doi:https://doi.org/10.9734/ajeba/2022/v22i1430620
		+	Kipkemoi, S., Atambo, W., & Mogwambo, V. A. (2016). Effects of Fiscal Policy on the Profitability of Commercial Banks in Kenya: A Case Study of Kenya Commercial Bank. International Journal of Social Sciences and Information Technology, II(IX), 1323-1336. Retrieved from https://www.ijssit.com/main/wp-content/uploads/2016/10/EFFECTS-OF-FISCAL-POLICY-ON-THE-PROFITABILITY-OF-COMMERCIAL-BANKS-IN-KENYA.pdf
		+	Kithandi, C. K. (2022). Monetary Policy and Financial Performance of Commercial Banks in Kenya. The International Journal of Business and Management, 10(6), 40-46. doi:DOI: https://doi.org/10.24940/theijbm/2022/v10/i6/BM2206-007
		+	Kulundu et al. (2020). Fiscal Policies in Kenya: Effects on Poverty and Inequalities.
		+	Larch, M., & Martins, J. N. (2009). Fiscal policy making in the European Union: an assessment of current practice and challenges. Routledge.
		+	Maigua, C., & Mouni, G. (2016). Influence of interest rates determinants on the performance of commercial banks in Kenya. International journal of academic research in accounting, finance and management sciences, 2, 121-133. Retrieved from https://ideas.repec.org/a/hur/ijaraf/v6y2016i2p121-133.html
		+	Mathias, S. M. (2021). Impact of Covid-19 Pandemic on Performance of Kenyan Banks. University of Nairobi. Retrieved from http://erepository.uonbi.ac.ke/handle/11295/160473
		+	Muhindi, K. A., & Ngaba, D. (2018). Effect of firm size on financial performance on banks: Case of commercial banks in Kenya. International Academic Journal of Economics and Finance, 3(1), 175-190. Retrieved from http://www.iajournals.org/articles/iajef_v3_i1_175_190.pdf
		+	O'Neill, A. (2022). Kenya: Budget balance between 2017 to 2027 in relation to GDP. Retrieved from Statista: https://www.statista.com/statistics/451121/kenya-budget-balance-in-relation-to-gdp/
		+	Owino, E. (2021). Domestic financial flows in Kenya before and during Covid-19. Development Initiatives. Retrieved from https://devinit.org/resources/domestic-financial-flows-kenya-covid-19/
		+	Pattanayak, S. (2016). Expenditure Control: Key Features, Stages, and Actors. International Monetary Fund. Retrieved from https://www.imf.org/external/pubs/ft/tnm/2016/tnm1602a.pdf
		+	Thiongo, P. K. (2018). Effect of Loan Portfolio Growth on Financial Performance of Commercial Banks in Kenya. Technical University of Mombasa. Retrieved from http://41.89.128.50:8080/handle/123456789/13428
		+	Wanyonyi, D. J., Kamau, C. G., & Sasaka, P. S. (2019). Effect of Loanable Funds and Director’s Skills on Financial Performance of Non Deposit Taking SACCOS in Mombasa County. International Journal of Sciences: Basic and Applied Research, 48(4), 108-124. Retrieved from https://core.ac.uk/outputs/249336790
		+	World Bank. (2010). Fiscal Policies and Institutions for Shared Growth in Kenya: Lessons. Retrieved from https://openknowledge.worldbank.org/handle/10986/12980

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