dc.contributor.author | Nurdin, Halima N | |
dc.date.accessioned | 2013-05-10T16:04:19Z | |
dc.date.available | 2013-05-10T16:04:19Z | |
dc.date.issued | 2007-09 | |
dc.identifier.uri | http://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/21624 | |
dc.description.abstract | Foreign Direct Investments (FDIs) provide essential stimulus for driving economic
growth and creating vibrant market economies however, attracting and retaining them is a
major challenge for many countries. From statistics, by the year 2003, the volume of
FDI's in Kenya had fallen far below one third on comparison to Uganda and Tanzania.
This culminated in this study on Kenya Investment Authority (KIA) which is mandated
by an Act of Parliament to attract and retain investments in Kenya. The specific
objectives of the study were to determine the investor perception of the effectiveness of
KIA's strategies for attracting and retaining foreign investments and to establish whether
the effectiveness of these strategies is related to investor characteristics.
The study was conducted through a survey of 42 FDIs out of 147 in Nairobi in the
manufacturing and service sector that were facilitated by KIA between January, 2003 and
December, 2006. Data were collected using a 5-point Likert-type scale. Disproportionate
stratified random sampling was use to select respondent firms from the target population.
Descriptive statistics in the form of mean scores were used to test both objectives.
From the findings of this study, amongst all KIA strategies only a few strategies greatly
influenced the investors' decision to invest and or retain their investments in Kenya
rendering them most effective. It is therefore critical for KIA to continuously monitor and
evaluate the effectiveness of its strategies resulting in the revision or replacement of the
non effective strategies. From the study also, it is apparent that the effectiveness of
investment promotion and retention strategies tends to have a relationship with some of
the investor characteristics. It was recommended that KIA consider realigning these
strategies to focus on FDI's with characteristics which are positively influenced by them. | en |
dc.description.sponsorship | University of Nairobi | en |
dc.language.iso | en | en |
dc.subject | Foreign Direct Investments (FDIs) | en |
dc.subject | Kenya Investment Authority | en |
dc.subject | 5-point Likert-type scale | en |
dc.subject | Target population | en |
dc.subject | Investor perception | en |
dc.subject | Strategies | en |
dc.subject | Nairobi | en |
dc.title | Investor perception of the effectiveness of Kenya investment authority's strategies for attracting and retaining foreign direct investments. | en |
dc.title.alternative | A Case Study of Investors in Nairobi | en |
dc.type | Thesis | en |
local.publisher | School of Business, University of Nairobi | en |