James N Ndegwa

  • Personal Info

  • Dr. James N Ndegwa
  • Contact & Designation

  • Business and Economics
  • Accounting and Finance
  • Senior Lecturer
  • jndegwa@cuk.ac.ke
  • 8:00AM to 3PM on Monday, Tuesday and Wednesday
  • Education

  • Level Qualification Institution Year

    Degree

    PhD in Business Administration (Finance)

    Dedan Kimathi University and Kenyatta Univesity

    2014

    Degree

    Master of Business Administration (Finance)

    University of Nairobi

    2003

    Degree

    Bachelor of Commerce (Accounting)

    Catholic University of Eastern Africa

    1998

    Level Qualification Institution Year

    Professional

    Certified Public Accountants (CPA)-Kenya

    KASNEB

    2008

  • Work Experience

  • Period Institution Position

    April 2018 to date

    Cooperative University of Kenya

    Associate Chairman, Nairobi CBD Campus

    February 2015 to date

    Cooperative University of Kenya

    Lecturer and Senior Lecturer

    March 2014 - January 2015

    Embu University College

    Lecturer

    June 2007 - February 2014

    Dedan Kimathi University of Technology

    Assistant Lecturer

    2004 - May 2007

    Oshwal College

    Assistant Lecturer

    1999 - 2003

    Nairobi City Council

    Accountant III

  • Research Statement

  • General statement on area(s) of research

    Interests in stock market research and generally corporate finance research areas

  • Research Project

  • Title Area(geographic) Funding Body Date

    Testing of Consistent Trends in Stock Performance in the Nairobi
    Securities Exchange

    Finance

    Dedan Kimathi University of Technology

    2011 - 2014

  • Grants and Projects

  • Project / Programme Title Partner / Agency Dates

    Financial Literacy in East Africa for East Africa Community - EAC / FSDRP 1

    East Africa Community (EAC)

    2015 - 2016

  • Publications

  • Journal Title/Name Date of Publication Volume and Pages Internet Link

    An Evaluation of Quantitative Audit Materiality of Corporate
    Philanthropy by Kenyan Listed Firms, International Journal of Economics and Finance

    July 2018

    Vol. 10, No.8

    ISSN 1916-971X E-ISSN 1916-9728, https://doi.org/10.5539/ijef.v10n8p84

    Determinants of Apartment Prices within Housing Estates of Nairobi Metropolitan Area, International Journal of Economics and Finance

    May 2018

    Vol. 10, No.6

    ISSN 1916-971X E-ISSN 1916-9728, https://ijef.vdoi:10.5539

    An Analysis of the Effect of Business Diversification on the Financial Performance of Commercial Banks in Kenya, International Journal of Current Aspects in Finance

    July 2017

    Vol. IV, No.1, pp 30-47

    www.ijcab.org>>>ijcaf

    Prediction of Consistent Stock Performance and Low Stock Price Movement in Nairobi Securities Exchange using Underlying Firm Characteristics, DBA Africa Management Review

    September 2015

    Vol.5, No.1pp, 13 -20

    ISSN 2224-2023, journals.uonbi.ac.ke>...>Ndegwa

    Testing of Consistent Trends in Stock Performance in the Nairobi Securities Exchange, DBA Africa Management Review

    March 2015

    1st Conference, pp. 212-221

    ISSN 2224-2023, journals.uonbi.ac.ke>...>Ndegwa

    Is there Profit in Bonus Share Announcements in the Nairobi Securities Exchange? Research Journal of Finance and Accounting

    2013

    Vol.4, No.8, pp10-18

    ISSN (paper) 2222-1697 and ISSN (online) 2222-2847

    Are Good Companies Good Stocks? Evidence from Nairobi Stock
    Exchange, European Journal of Business and Management

    2013

    Vol.5, No.21, pp16 -26

    ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online)

    Title/Book or Chapter Publication and/or Publisher Editor Date of Publication Page Numbers
    Title Conference Date

    Determinants of Apartment Prices within Housing Estates of Nairobi Metropolitan Area

    1st International Conference, Machakos University

    17th – 19th April, 2018

    Test of Quantitative Audit Materiality of Corporate Philanthropy by Kenyan Listed Firms

    2nd Annual Conference of the Cooperative University of Kenya on Innovations for Sustainable Cooperative Development

    26th and 27th March, 2018

    Session Chair – Business and Cross Cutting Issues,

    1st annual International Research Conference on Attaining Self-reliance through Innovation and Technology, Meru National Polytechnic

    21st and 23rd of March, 2018

    Demographic Determinants of Investments Preference in Investment Groups Located in Nairobi County of Kenya

    2017 Strathmore Research Symposium

    16th November, 2017

    Assessment of the Determinants of Investment Choice in Investment Clubs in Nairobi County of Kenya

    17th International Conference on African Entrepreneurship & Small Business, University of Dar es Salaam Business School of Business,
    (ICAESB 2017)

    11th - 12th August, 2017

    Kenyan Listed Companies Stock Performance During Chief Executive Officer Departure Events

    University of Nairobi, 3rd DBA AMR conference

    28th April 2017

    An Evaluation of Quantitative Audit Materiality of Corporate Philanthropy by Kenyan Listed Firms

    Arusha, Tanzania, 17th International Academy of African Business and Development Conference (IAABD)

    11th to 14th May 2016

    Is Historical Stock Price Volatility In The Nairobi Securities Exchange Influenced By Discounted Dividends

    The Cooperative University of Kenya, 1st International Conference on Co-operative Business

    June 2015

    Is the Volatility of Stock Prices Related to Relevant News in the Nairobi Securities Exchange?

    Strathmore University, 16th International Academy of African Business and Development Conference (IAABD)

    May 2015

    Are there Consistent Trends in Stock Performance in the NSE?

    Presented at the 3rd Conference of the African Finance and Accountants Association (AAFA), Makerere University, Uganda

    September 2013

    Evaluation of Capital Market Reforms on the Efficiency of NSE

    Presented at the 3rd African International Business and Management (AIBUMA) conference, University of Nairobi

    July 2012

  • Courses Taught

  • Name Description Period

    Advanced Financial Reporting,

    Financial reporting – consolidation of statement of financial position; consolidation statement of financial position Consolidation of subsequent to date of acquisition; Consolidated statement of comprehensive income - inter-company transactions; Inter-company debt, Consolidated statements of cash flows and other issues; foreign currency transactions and hedging foreign currency financial; Translation of foreign currency financial statements; Segment and interim reporting

    2009 to date

    Advanced Auditing and Assurance

    Types audit and other assurance services; Regulatory framework of Auditing, Professional ethics; Risk assessment and materiality; Auditing evidence and audit documentation; Types of audit approaches; Audit planning: Assessment of control risks; Overall audit plan and audit program; Completing the audit; Audit reporting and internal auditing; Forensic audit, environmental audit and value for money audit.

    2009 to date

    Intermediate Accounting 1 and 2

    The financial accounting environment. Review of the accounting cycle. Assets recognition and measurement. Revenue and expense recognition. Cash and receivables. Inventory measurements. alternative inventory valuation methods. Accounting and reporting for investments. Accounting for acquisition and disposal of fixed assets. Depreciation and depletion of assets. Accounting for intangible assets.

    Accounting for short-term liabilities, accounts payable, short term notes payable, dividends payable, accrued liabilities, unearned revenues, contingencies and estimated liabilities. Accounting for long-term liabilities; bonds, long-term debts, mortgages, accounting for income taxes. Accounting for leases. Accounting for pensions. Accounting for owners equity; earnings per share & dividend.

    2008 to date

    Advanced Taxation

    Overview of the theory of taxation. Taxation of individuals, corporate bodies and partnerships. Tax computations, Incomplete records and case law application. Capital deductions. Tax administration under various acts; Income tax Act, Value Added Tax Act, Customs and excise tax. Taxation of petroleum companies, venture capital firms, co-operatives, insurance companies. Retirement benefit rules. Miscellaneous taxes, compensating tax, capital gains tax. Tax planning.

    2009 to 2013

    International Finance

    International institutions and markets; Introduction to international financial management; The international monetary system and global financial markets; Foreign exchange markets and exchange rates; International parity conditions; Exchange rate determination and currency crises; International institutions and markets: Types of foreign exchange exposure, and currency forwards and futures; Currency options; Hedging techniques of managing transaction exposure; financial statement translation techniques, Measuring and managing operating (economic) exposure; International financing and investment decisions: Sourcing debt and equity internationally; Foreign direct investment and political risk; International mergers and acquisitions.

    2015 to date

    Corporate fFnance

    Time value of money applications; capital structure, cost of capital capital budgeting techniques, financing theories, working capital management, dividend decisions, mergers and acquisitions, leasing vs buying decisions, current issues

    2008 to date

    Public Finance

    The course exposes students to the definition and scope of public finance; character of public finance; public versus private finance; economic and social responsibility of the government; externalities; and market failure; private and public solutions to externalities, public choice and the political process

    2015 to date

  • Postgraduate Student Supervision

  • Name Institution Qualification Title of Dissertation Period

    Rono Judy Chepkurui

    Strathmore University

    Master of Commerce (Finance)

    Effects of Chief Executive Officer Attributes on Financial Distress in Commercial Banks in Kenya

    Graduated on 29th June 2018

    Terry Ndunyu Kimotho

    Strathmore University

    Master of Commerce (Finance)

    Influence of Mergers and Acquisitions on Financial Performance of Firms Listed in Nairobi Securities Exchange

    Graduated on 29th June 2018

    Ms. Judith A Owino

    Strathmore University

    Master of Commerce (Finance)

    An Evaluation of Determinants of the Financial Performance of Retirement Benefit Schemes in Kenya

    Graduated on 30th June 2017

    Mr. Daniel T Kitisya

    Strathmore University

    Master of Commerce (Finance)

    An Analysis of the Effect of Business Diversification on the Financial Performance of Commercial Banks in Kenya

    Graduated on 30th June 2017

    Mr. Eric M Muthoka

    Strathmore University

    Master of Commerce (Finance)

    An Assessment of the Determinants of Portfolio Performance of Investment Groups in Kenya

    Graduated on 30th June 2017

    Mr. John Gichoru

    Dedan Kimathi University of Technology

    Master of Business Administration (Finance)

    Effects of Capital Structure on Cost of Capital of Companies Listed in the Nairobi Securities Exchange

    Graduated on April 2015

    Mr. John W Kiminda

    Dedan Kimathi University of Technology

    Master of Business Administration (Finance)

    Effect of Profit Warning Announcements on Profitability of Firms Listed in Nairobi Securities Exchange

    Graduated on April 2014

    Ms. Eunice Wakarima Macharia

    Dedan Kimathi University of Technology

    Master of Business Administration (Finance)

    Effect of Dividend Payout Ratio on Stock Performance of Companies Listed in the Nairobi Securities Exchange

    Graduated on April 2013

  • Professional Affiliations

  • Organisation Role Period

    Institute of Certified Public Accountants of Kenya (ICPAK)

    Member

    2010 to date

  • Other Contributions

  • Other Contributions

    Quality Assurance Coordinator, Nairobi CBD Campus, April 2018 to date

    External Examiner, Doctoral and Masters Theses, Catholic University of Eastern Africa, March 2018 to date

    Innovated the Proportionate runs volatility model (copy right registration number LT-11705), Year 2014

    Reviewer, Journal of African Business, Taylor and Francis, SA

    Reviewer, International Conference on Cooperative Business and Economics, Cooperative University of Kenya

    Academic Programmes Coordinator, Meru Campus, Cooperative University of Kenya, January 2016 to 30th June, 2017

    Ag. Director, Meru Campus, Cooperative University of Kenya, July 2016 to 30th Nov, 2016