Abstract: The regulatory system may be cited as the Sacco Societies (Deposit Taking Sacco Business) regulations 2010.The purpose of these regulations is to provide minimum operational regulations and prudential standards required of a Deposit-Taking Sacco Societies (DTS) in Kenya. The purpose of this study was to establish the influence the regulatory system on implementation of strategic plans DTS in Nairobi County. The study targeted the Chief Executive officers of licensed DTS in Nairobi County. The study used questionnaires to collect primary data and such formal records and SASRA reports to collect secondary data. Purposive sampling method was adopted to identify a population that constituted the sample. The quantitative data collected was analyzed by the use of descriptive statistics using the statistical package for social science (SPSS) and the results were presented informs of tables and graphs. Corporate governance and risk management regulations had great influence on implementation of Saccos strategic plans while regulation on capitalization had some influence but not as significant as the first two. This therefore led to conclusion that the regulatory system has influence on implementation of strategic plans of Saccos in Kenya.
Keywords: Deposit taking Saccos, Regulatory system, Strategic Plan, Implementation.
Title: Influence of Regulatory System on Implementation of Strategic Plans of Deposit -Taking Co-Operatives in Nairobi County
Author: Julius Muhatia Mukalo, Dr. Walter B. Okibo Bichanga
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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