Abstract: The study sought to carry out a critical review of literature on asset structure and profitability of the manufacturing and allied firms listed in Nairobi Securities Exchange, Kenya. It was found that several studies have been done with respect to asset structure and profitability. However, these studies are characterized by various research gaps. Some of the studies were centered on other countries and not Kenya. Notably, different countries are guided by varying regulatory frameworks as such the findings of the previous study cannot be directly applicable to the Kenyan context. The study recommends that rather that focus on financial performance, profitability which is a narrow and key aspect of financial performance can be explored. Moderation effects of inflation on the relationship between asset structure and profitability can be considered while focusing on manufacturing and allied firms listed at the Nairobi Securities Exchange, Kenya.
Keywords: Asset Structure, Property, Plant and Equipment, Current Assets, Intangible Assets, long term investments and Profitability.
Title: A CRITICAL REVIEW OF LITERATURE ON ASSET STRUCTURE AND PROFITABILITY OF FIRMS LISTED UNDER MANUFACTURING AND ALLIED SECTOR AT THE NAIROBI SECURITIES EXCHANGE, KENYA
Author: Irene Muthoni Ndumia, Ambrose Jagongo
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Research Publish Journals
