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Contingent capital and performance of hydroelectric energy projects in Kenya

Author

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  • 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

The purpose of the study was to examine how contingent capital influences the performance of hydroelectric energy projects in Kenya. The study was underpinned on pragmatism paradigm which allows the use of a mixed-method approach and descriptive correlational survey research design. Structured questionnaires and interview guides were used for the collection of quantitative and qualitative data from a sample size of 94 participants out of a target population of 94 subjects. A validity test was done on the instruments and a coefficient of 0.775 obtained using the Content Validity Index while reliability involved pretesting of the instruments amongst the 10% of the participants and Cronbach's alpha coefficient of 0.781 obtained. The analysis was done using both descriptive statistics of mean and standard deviation and inferential statistics of Correlation and Regression at a significance level of 0.05 with the aid of SPSS version 25 and thematic content analysis of qualitative data for triangulation. The hypothesis was tested using Simple linear regression and Pearson Correlation Coefficient models and the result was: H0: Contingent capital does not significantly influence the performance of hydroelectric energy projects in Kenya was rejected since P=0.000

Suggested Citation

  • 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.
    • Handle: RePEc:rbs:ijbrss:v:9:y:2020:i:6:p:134-142
    DOI: 10.20525/ijrbs.v9i6.844
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    References listed on IDEAS

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    3. Suresh Sundaresan & Zhenyu Wang, 2015. "On the Design of Contingent Capital with a Market Trigger," Journal of Finance, American Finance Association, vol. 70(2), pages 881-920, April.
    4. 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.
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