IDEAS home Printed from https://ideas.repec.org/a/rbs/ijbrss/v10y2021i4p438-445.html
   My bibliography  Save this article

Financial risk management instruments and performance of hydro-power projects in Kenya

Author

Listed:
  • Amolo Elvis Juma Amolo

    (University of Nairobi, Kenya)

  • Charles Mallans Rambo

    (University of Nairobi, School of Open and Distance Learning, Kenya)

  • Charles Misiko Wafula

    (University of Nairobi, School of Open and Distance Learning, Kenya)

Abstract

This paper aims (i) to establish the extent to which alternative risk transfer influence the performance of hydroelectric energy projects in Kenya, (ii) to examine how Contingent capital influence the performance of hydroelectric energy projects in Kenya, (iii) to To assess the extent to which Credit enhancement influence performance of hydroelectric energy projects in Kenya, (iv) to determine the extent to which Hedging derivatives influence performance of hydroelectric energy projects in Kenya, (v) to examine how Insurance influence performance of hydroelectric energy projects in Kenya. The study adopted the pragmatism paradigm, mixed-method approach, and descriptive correlational survey design while questionnaires and interview guide were used to collect quantitative and qualitative data from a census of 94 participants. This study recommends that project management and policymakers should integrate appropriate financial risk management instruments to improve the performance of hydroelectric energy projects besides developing targeted policies for strengthening the implementation of the financial risk management instruments to boost investors and lenders confidence Key Words: Financial Risk Management, Hydro-power projects, Energy, Kenya

Suggested Citation

  • Amolo Elvis Juma Amolo & Charles Mallans Rambo & Charles Misiko Wafula, 2021. "Financial risk management instruments and performance of hydro-power projects in Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(4), pages 438-445, June.
    • Handle: RePEc:rbs:ijbrss:v:10:y:2021:i:4:p:438-445
    DOI: 10.20525/ijrbs.v10i4.1210
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/1210/921
    Download Restriction: no
    File URL: https://doi.org/10.20525/ijrbs.v10i4.1210
    Download Restriction: no
    File URL: https://libkey.io/10.20525/ijrbs.v10i4.1210?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dionysios Pramangioulis & Konstantinos Atsonios & Nikos Nikolopoulos & Dimitrios Rakopoulos & Panagiotis Grammelis & Emmanuel Kakaras, 2019. "A Methodology for Determination and Definition of Key Performance Indicators for Smart Grids Development in Island Energy Systems," Energies, MDPI, vol. 12(2), pages 1-22, January.
    2. Charles W. Calomiris & Richard J. Herring, 2013. "How to Design a Contingent Convertible Debt Requirement That Helps Solve Our Too-Big-to-Fail Problem," Journal of Applied Corporate Finance, Morgan Stanley, vol. 25(2), pages 39-62, June.
    3. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, vol. 16(3), pages 297-334, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amolo Elvis Juma Amolo & Charles Mallans Rambo & Charles Misiko Wafula, 2020. "Contingent capital and performance of hydroelectric energy projects in Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(6), pages 134-142, October.
    2. Amolo Elvis Juma Amolo, PhD & Charles Mallans Rambo, PhD & Charles Misiko Wafula, PhD, 2021. "Moderating Effect of Communication Strategy on Financial Risk Management Instruments and Performance of Hydroelectric Energy Projects in Kenya," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 8(6), pages 24-31, June.
    3. Shoon Kathleen Murray & Jason Meyers, 1999. "Do People Need Foreign Enemies?," Journal of Conflict Resolution, Peace Science Society (International), vol. 43(5), pages 555-569, October.
    4. Ali Askerov & Thomas Matyok, 2015. "The Upper Karabakh Predicament from the UN Resolutions to the Mediated Negotiations: Resolution or Hibernation?," European Journal of Interdisciplinary Studies Articles, Revistia Research and Publishing, vol. 1, ejis_v1_i.
    5. Francisco Liébana-Cabanillas & Nidhi Singh & Zoran Kalinic & Elena Carvajal-Trujillo, 2021. "Examining the determinants of continuance intention to use and the moderating effect of the gender and age of users of NFC mobile payments: a multi-analytical approach," Information Technology and Management, Springer, vol. 22(2), pages 133-161, June.
    6. Jean-François Hamel & Jean-Benoit Hardouin & Tanguy Le Neel & Gildas Kubis & Yves Roquelaure & Véronique Sébille, 2012. "Biases and Power for Groups Comparison on Subjective Health Measurements," PLOS ONE, Public Library of Science, vol. 7(10), pages 1-14, October.
    7. Martínez Salinas, Eva & Pina Pérez, José Miguel, 2009. "Modeling the brand extensions' influence on brand image," Journal of Business Research, Elsevier, vol. 62(1), pages 50-60, January.
    8. Yoon, Junghyun & Lee, Hee Yong & Dinwoodie, John, 2015. "Competitiveness of container terminal operating companies in South Korea and the industry–university–government network," Transportation Research Part A: Policy and Practice, Elsevier, vol. 80(C), pages 1-14.
    9. Danilo Garcia & Sebastian Lundström & Sven Brändström & Maria Råstam & C Robert Cloninger & Nóra Kerekes & Thomas Nilsson & Henrik Anckarsäter, 2013. "Temperament and Character in the Child and Adolescent Twin Study in Sweden (CATSS): Comparison to the General Population, and Genetic Structure Analysis," PLOS ONE, Public Library of Science, vol. 8(8), pages 1-9, August.
    10. Md. Mominur Rahman & Bilkis Akhter, 2021. "The impact of investment in human capital on bank performance: evidence from Bangladesh," Future Business Journal, Springer, vol. 7(1), pages 1-13, December.
    11. Julia Bock-Schappelwein, 2013. "Genderindex 2013. Arbeitsmarktlage und Lebenssituation von Frauen und Männern auf regionaler Ebene in Österreich," WIFO Studies, WIFO, number 57935.
    12. Yue Huang, 2020. "Exploration of Influencing Factors on Mechanism of Chinese Users' Continuous Trust in Transactional Virtual Community," Asian Social Science, Canadian Center of Science and Education, vol. 16(11), pages 1-80, November.
    13. Raffaele Matacena & Mariangela Zenga & Marco D’Addario & Silvia Mari & Massimo Labra, 2021. "COVID-19 as an Opportunity for a Healthy-Sustainable Food Transition. An Analysis of Dietary Transformations during the First Italian Lockdown," Sustainability, MDPI, vol. 13(10), pages 1-22, May.
    14. Prami Sengupta & Randall Cantrell, 2021. "Context Matters: The effects of budgetary and knowledge constraints on residential energy conservation," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 11(4), pages 561-573, December.
    15. Thiel, Hendrik & Thomsen, Stephan L., 2013. "Noncognitive skills in economics: Models, measurement, and empirical evidence," Research in Economics, Elsevier, vol. 67(2), pages 189-214.
    16. Leslie Francis & Yaacov Katz & Yaacov Yablon & Mandy Robbins, 2004. "Religiosity, Personality, and Happiness: A Study among Israeli Male Undergraduates," Journal of Happiness Studies, Springer, vol. 5(4), pages 315-333, December.
    17. Usunier, Jean-Claude, 1998. "Oral pleasure and expatriate satisfaction: an empirical approach," International Business Review, Elsevier, vol. 7(1), pages 89-110, February.
    18. Douglas Davis & Edward Simpson Prescott, 2017. "Fixed Prices and Regulatory Discretion as Triggers for Contingent Capital Conversion: An Experimental Examination," International Journal of Central Banking, International Journal of Central Banking, vol. 13(2), pages 33-71, June.
    19. Jeanne A. Teresi & Katja Ocepek-Welikson & John A. Toner & Marjorie Kleinman & Mildred Ramirez & Joseph P. Eimicke & Barry J. Gurland & Albert Siu, 2017. "Methodological Issues in Measuring Subjective Well-Being and Quality-of-Life: Applications to Assessment of Affect in Older, Chronically and Cognitively Impaired, Ethnically Diverse Groups Using the F," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 12(2), pages 251-288, June.
    20. Bagheri, Mahshid & Mitchelmore, Siwan & Bamiatzi, Vassiliki & Nikolopoulos, Konstantinos, 2019. "Internationalization Orientation in SMEs: The Mediating Role of Technological Innovation," Journal of International Management, Elsevier, vol. 25(1), pages 121-139.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijbrss:v:10:y:2021:i:4:p:438-445. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Umit Hacioglu (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.