Vol.5  No.2   2016
Assessing the Reward Techniques that Motivate Employees in Business organizations.
Joshua Wafula Chesoli
[01-04]  [PDF]

In order to increase employee morale in organizations, it is necessary to create appropriate foundation in the organizational environment. In such organizations, where effective factors in the building of employees morale, are implemented completely and correctly, efficiency has been observed to be at its peak. The research provides reward techniques for business organization to understanding what motivate employee through remuneration practices of the organization. The research followed an in depth questionnaire administered to employees of a telecommunication organization. The result suggested that a careful consideration of job security, prospect of career progression apart from monetary rewards is essential for organizational development and change in employee initiative and boost in morale.

MANAGING FINANCIAL RISK BY USING DERIVATIVES: A Study of United Arab Emirate Listed Companies
Ali Said
[05-13]  [PDF]

The present paper attempts to identify the ways that the United Arab Emirate listed companies manage their financial risk with the use of derivatives. By examining the companies’ annual reports and financial reviews for the year 2015. The studied revealed that low use of the financial derivatives within Investment and the real estate industries. The use of the derivatives was only 25% while is consider to be below due to the high risk associated with the industry. The risk management tools available for hedging real-estate risk within the United Arab Emirate financial market are very much in their infancy and have problems ranging from illiquidity of trading to lack of theoretical development regarding modeling.

INFLUENCE OF INTEREST RATE RISK ON PERFORMANCE OF COMMERCIAL BANKS IN KENYA
Maniagi Musiega, Tobias Olweny, Clive Mukanzi and Mbithi S Mutua
[14-24]  [PDF]

The main objective of the study was to determine the influence of interest rate risk on performance of commercial Banks. Despite the banking sector stability and resilience in 2015, two non-systemic banks, were placed in receivership by the Central Bank of Kenya this was attributed to liquidity risk and failure to owner debt, lack of adequate provision for non-performing loans. Secondary data from the banks website and from the central bank of Kenya were used in the study. The population were the 44 commercial banks in Kenya of which 2 were under receivership and one under statutory management. Panel data for 30 commercial banks that had data for 10 year period from 2006 to 2015 were used. Descriptive statistics and correlation analysis were used, for regression random and fixed effects were applied using E-views software. The findings were interest income to total loans had a significant positive relationship with performance