Verwandte Artikel zu Financial Management Practices and Performance of Small...

Financial Management Practices and Performance of Small Businesses: Effect of Financial Management Practices on Performance of Small Businesses in Borama Town, Somaliland - Softcover

Yuko Oso, Willis; H. Khalif, Abdikadir

 
9783659849671: Financial Management Practices and Performance of Small Businesses: Effect of Financial Management Practices on Performance of Small Businesses in Borama Town, Somaliland
Softcover
ISBN 10: 3659849677 ISBN 13: 9783659849671
Verlag: LAP LAMBERT Academic Publishing, 2016

Inhaltsangabe

The role of management in influencing performance of a firm need not be overemphasized. But financial management for SBs is quite a new area. In Africa, SBs represent over 90% of all businesses. In Somaliland, SBs constitute the largest portion of the private sector, employing 98.5% and contributing 70% of the GDP. However, their performance declined during 2010-2013. Their profits fell by 3.98%, solvency by 18.36%, and cash flow declined. But the management practices adopted and their effect on performance of SBs had not been empirically investigated. Guided by Six Sigma Theory, this study investigated the effect of financial management practices on performance of SBs in Borama town with focus on working capital management, financial control and financial planning. The study found that working capital management [F (1, 276) = 3.88, p = .012, R2 adj = .542]; financial control [F (1, 276) = 3.88, p = .010, R2 adj = .022]; and financial planning [F (1, 276) = 3.88, p = .024, R2 adj = .016] had significant effect on performance of SBs in Borama town. The study concludes that financial management practices have a significant effect on performance of SBs in Borama town.

Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.

Über die Autorin bzw. den Autor

Mr. Mbala O. Andrew, MPH; Studied Clinical Medicine and Public Health at Fort Portal School of Clinical Medicine and masters in Community Health and Development at Great Lakes University, Kenya. He is currently a PhD student at the Stellenbosch University. Oso W. Yuko, PhD; Studied Educational Planning and Management at Makerere University, Uganda.

„Über diesen Titel“ kann sich auf eine andere Ausgabe dieses Titels beziehen.

Verlag
LAP LAMBERT Academic Publishing
Erscheinungsdatum
2016
Sprache
Englisch
ISBN 10 
3659849677
ISBN 13 
9783659849671
Einband
Taschenbuch
Anzahl der Seiten
80
Kontakt zum Hersteller
Nicht verfügbar
Verantwortliche Person
SIA OmniScriptum Publishing
customerservice@vdm-vsg.de

Brivibas gatve 197
Riga
1039
Lettland