Regulatory Compliance on Financial Performance of Deposit Taking SACCOs

Bachelor Thesis from the year 2021 in the subject Business economics - Investment and Finance, , course: bachelor of commerce finance option, language: English, abstract: The goal of this study will be to assess the effect of regulatory conformity on financial performance for the deposit taking SACCOs in Bungoma and extend of conformity of the regulations. The SACCO industry is considered vital both economically and socially, sectorial information indicates a concern that quite a number of savings and credit cooperative societies (SACCOs) collapse each year and bona fide members withdraw their membership annually. The unhealthy trend is common in most of the societies notwithstanding government's financial regulations being in practice since 2004. The study will employ descriptive research design to find out the relationship between regulation and financial performance. The study will be conducted in sampled deposit taking societies in Bungoma. Data will be collected using structured questionnaires and secondary data. Data will be analyzed using a statistical software (spss). The relationship will be analyzed using the regression equation modeled around all the multiple variables that affect performance.