IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v7y2023i6p731-738.html
   My bibliography  Save this article

Effects of Financial Management Contributing to Strained Relationships among Married Couples in Kipchebor Ward

Author

Listed:
  • Joseph Kabatha Ngugi

    (Student Affairs Department, University of Kabianga Po Box 2030-20200 Kericho, Kenya)

  • Clement C. Cheruiyot, Ed. S

    (Student Affairs Department, University of Kabianga Po Box 2030-20200 Kericho, Kenya)

  • Dr. Gladys Mutai Bett

    (Student Affairs Department, University of Kabianga Po Box 2030-20200 Kericho, Kenya)

Abstract

Strained relationship among married couples has been a topic of interest worldwide. Studies have shown that family values, collective decision making and the right parenting style, promote harmony among married couple. The purpose of this study was to investigate the effects of financial management that contribute to strained relationships among married couples in Kipchebor Ward. The target population was 16,520. The sample size was calculated using Taro Yamane formula and established 391. The researcher sampled 126 respondents due to the complexity of finding high numbers of divorced, widowed, or separated respondents. The researcher conducted a pilot test at Fort Ternan, for reliability. The sampling procedure included the provision of questionnaires and utilized interviews to establish a qualitative study. The respondents were identified through simple random sampling and purposive sampling. The data collected was analyzed using Statistical Package for the Social Sciences. The qualitative data was summarized into themes in line with the study objectives and thematic analysis done. The research established a relationship between financial factors and strained relationship among married couple. The research recommended the review of pre-marital counseling curriculum. Creation of post marital counseling. Couples seminars in churches to be handled by professionals. Churches to encourage both young and older couples to undertake basic counseling course, to boost self-awareness. The outcome of the study was expected to benefit churches and community organizations.

Suggested Citation

  • Joseph Kabatha Ngugi & Clement C. Cheruiyot, Ed. S & Dr. Gladys Mutai Bett, 2023. "Effects of Financial Management Contributing to Strained Relationships among Married Couples in Kipchebor Ward," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(6), pages 731-738, June.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:6:p:731-738
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-7-issue-6/731-738.pdf
    Download Restriction: no
    File URL: https://www.rsisinternational.org/journals/ijriss/articles/effects-of-financial-management-contributing-to-strained-relationships-among-married-couples-in-kipchebor-ward/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hanson, Thomas A. & Olson, Peter M., 2018. "Financial literacy and family communication patterns," Journal of Behavioral and Experimental Finance, Elsevier, vol. 19(C), pages 64-71.
    2. Irmak Erdogan & Emanuela Rondi & Alfredo De Massis, 2020. "Managing the Tradition and Innovation Paradox in Family Firms: A Family Imprinting Perspective," Entrepreneurship Theory and Practice, , vol. 44(1), pages 20-54, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Smith, Celina & Nordqvist, Mattias & De Massis, Alfredo & Miller, Danny, 2021. "When so much is at stake: Understanding organizational brinkmanship in family business," Journal of Family Business Strategy, Elsevier, vol. 12(4).
    2. Thomas A. Hanson, 2022. "Family Communication, Privacy Orientation, & Financial Literacy: A Survey of U.S. College Students," JRFM, MDPI, vol. 15(11), pages 1-13, November.
    3. José Ramón-Cardona & María Dolores Sánchez-Fernández & Amador Durán-Sánchez & José Álvarez-García, 2022. "Entrepreneurship, Local Fashion, Tourism Development, and the Hippie Movement: The Case of Adlib Fashion (Ibiza, Spain)," Sustainability, MDPI, vol. 14(7), pages 1-19, March.
    4. Rovelli, Paola & Benedetti, Carlotta & Fronzetti Colladon, Andrea & De Massis, Alfredo, 2022. "As long as you talk about me: The importance of family firm brands and the contingent role of family-firm identity," Journal of Business Research, Elsevier, vol. 139(C), pages 692-700.
    5. Haruthai Kasemharuethaisuk & Taweesak Samanchuen, 2023. "Factors Influencing Behavior Intention in Digital Investment Services of Mutual Fund Distributors Adoption in Thailand," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
    6. Lambrechts, Frank & Gnan, Luca, 2022. "Human resources and mutual gains in family firms: New developments and possibilities on the horizon," Journal of Family Business Strategy, Elsevier, vol. 13(2).
    7. Sumaira Khawar & Aamir Sarwar, 2021. "Financial literacy and financial behavior with the mediating effect of family financial socialization in the financial institutions of Lahore, Pakistan," Future Business Journal, Springer, vol. 7(1), pages 1-11, December.
    8. Maldonado, Joana Elisa & De Witte, Kristof, 2021. "The impact of information provision to parents: Experimental evidence on student outcomes," Journal of Behavioral and Experimental Finance, Elsevier, vol. 31(C).
    9. Alfredo De Massis & Emanuela Rondi, 2020. "Covid‐19 and the Future of Family Business Research," Journal of Management Studies, Wiley Blackwell, vol. 57(8), pages 1727-1731, December.
    10. Tang, Linjia & Guo, Yingying & Zha, Jianfeng & Zheng, Weiwei, 2024. "Acquiescence or Redemption: CEO’s early-life experience of environmental pollution and corporate green innovation," Journal of Business Research, Elsevier, vol. 173(C).
    11. Antonella Zucchella & Pietro Previtali & Roger Strange, 2022. "Proactive and reactive views in the transition towards circular business models. A grounded study in the plastic packaging industry," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1073-1102, September.
    12. Joana Elisa Maldonado & Kristof De Witte & Koen Declercq, 2022. "The effects of parental involvement in homework: two randomised controlled trials in financial education," Empirical Economics, Springer, vol. 62(3), pages 1439-1464, March.
    13. Hanqing “Chevy†Fang & James J. Chrisman & Daniel T. Holt, 2021. "Strategic Persistence in Family Business," Entrepreneurship Theory and Practice, , vol. 45(4), pages 931-950, July.
    14. Marta Urbaníková & Michaela Štubňová & Viera Papcunová & Jarmila Hudáková, 2020. "Analysis of Innovation Activities of Slovak Small and Medium-Sized Family Businesses," Administrative Sciences, MDPI, vol. 10(4), pages 1-19, October.
    15. AL Kayid, Wejdan & Jin, Zhongqi & Priporas, Constantinos-Vasilios & Ramakrishnan, Sumeetra, 2022. "Defining family business efficacy: An exploratory study," Journal of Business Research, Elsevier, vol. 141(C), pages 713-725.
    16. Arregle, Jean-Luc & Calabrò, Andrea & Hitt, Michael A. & Kano, Liena & Schwens, Christian, 2024. "Family business and international business: Breaking silos and establishing a rigorous way forward," Journal of World Business, Elsevier, vol. 59(3).
    17. Vitor Leone & Piers Thompson, 2024. "Financial literacy and advice perceptions among UK higher education students: an ethnicity tale?," Review of Economics of the Household, Springer, vol. 22(2), pages 709-781, June.
    18. Jasmina Okicic & Meldina Kokorovic Jukan & Mensur Heric, 2021. "Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(3), pages 103-115, May.
    19. Espeche, José Francisco Tragant & Sacristán-Navarro, María & Zúñiga-Vicente, José Ángel & Crespo, Nuno Fernandes, 2023. "Innovation and internationalisation during times of economic growth, crisis, and recovery prior to Covid-19: A configurational approach comparing Spanish manufacturing family and non-family firms," Journal of Family Business Strategy, Elsevier, vol. 14(1).
    20. Feifei Lu & Ho Kwong Kwan & Bin Ma, 2022. "Carry the past into the future: the effects of CEO temporal focus on succession planning in family firms," Asia Pacific Journal of Management, Springer, vol. 39(2), pages 763-804, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:7:y:2023:i:6:p:731-738. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.