Personal Information

Other Responsibilities

  • MRP Cordinator Department of Finance and Accounting
  • SMU Manager , SWA School of Business

Kenya Accountants and Secretaries National Examination Board.
(KASNEB) Qualified Certified Public Accountant of Kenya CPA (K)

Corporate governance, Capital Structure, Financial Management, Financial Accounting ,
Financial Markets and Management Accounting

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K, O, J A, N O.  2015.  Demographic Diversity in Top Management Team and Financial Reporting Quality in Commercial State Corporations in Kenya. Donnish Journal of Accounting and Taxation. 1(1):001-016. Abstract

The purpose of the paper is to examine the effect of demographic diversity in Top Management Team (TMT) on financial
reporting quality in commercial state corporations. The study adopted correlational and longitudinal research design and
stepwise regression analysis of FRQ variables on a set of demographic diversity variables in TMT. The findings provide
considerable evidence to suggest that TMT demographic diversity are associated with financial reporting quality
measured by fundamental qualitative characteristics of accounting information, earnings management, timeliness in
reporting and disclosure quality. The research implication is that; in general, demographic diversity in TMT- gender, age,
education, tenure and functional background may have important implication for financial reporting quality under
different measures. The value of this paper is to extend Prior research by addressing the potential effects of TMT
demographic diversity on FRQ. The findings reported in this paper provide novel insight to empirical financial reporting
quality literature in commercial state corporations.

Okiro, K, Aduda J, Omoro N.  2015.  THE EFFECT OF CORPORATE GOVERNANCE AND CAPITAL STRUCTURE ON PERFORMANCE OF FIRMS LISTED AT THE EAST AFRICAN COMMUNITY SECURITIES EXCHANGE. European Scientific Journal. 11(7):517-546. Abstractcorporate_governance_capital_structure_and_firm_perfromance_eacse.pdf

The purpose of the study was to establish the effect of corporate governance and capital structure on performance of firms listed at the East African community securities exchange. Specifically the study sought to establish the effect of capital structure on the relationship between corporate governance and firm performance of listed companies in Kenya, Tanzania, Uganda, Rwanda and Burundi. Based on the agency theory this study builds a comprehensive framework to answer the research question on whether good
corporate governance affects firms performance by integrating capital structure into the governance model. A census survey was carried out on all the 98 listed companies between 2009 and 2013 in Nairobi Securities Exchange, Uganda Securities Exchange, Dar es Salaam Stock Exchange and Rwanda Stock Exchange. Out of the 98 firms that were targeted, 56 were analyzed constituting 57%. The findings revealed that the there was a significant positive relationship between corporate governance and firm performance. The study also confirmed that there is a positive significant intervening effect of capital structure (leverage) on the relationship between corporate governance and firm performance. From a theoretical perspective, this study not only explains how corporate governance affects firm performance, but also uncovers the importance of capital structure in a corporate governance system. Keywords: Corporate governance, capital structure and firm performance


Omoro, N, Kinyua H, Okiro K.  2014.  Investment in Corporate Social Responsibility and Sustained Growth in Commercial Banks in Kenya. Journal of Emerging Issues in Economics, Finance and Banking (JEIEFB). 3(2):1-22.


Okiro, K, Ndungu J.  2013.  THE IMPACT OF MOBILE AND INTERNET BANKING ON PERFORMANCE OF FINANCIAL INSTITUTIONS IN KENYA. European Scientific Journal. 9(13) Abstractthe_impact_of_mobile_and_internet_banking_on_performance_of_financial_institutions_in_kenya.pdfEuropean Scientific Journal

Financial institutions have been in the process of significant transformation. The force behind the transformation of these institutions is innovation in information technology. Information and communication technology is at the Centre of this global change curve of mobile and internet banking in Kenya. Rapid development of information technology has made banking tasks more efficient and cheaper.
This study sought to determine the impact of mobile and internet-banking on performance of financial institutions in Kenya where the survey was conducted on financial institutions in Nairobi. The study also sought to identify the extent of use of mobile and internet banking in financial institutions. The study investigated 30 financial institutions.
The study found that the most prevalent internet banking service is balance inquiry while the least is online bill payment. Cash withdrawal was the most commonly used mobile banking service whereas purchasing commodities was the least commonly used.

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