Despite the crucial part that the insurance industry plays, firms operating in this sector have been having trouble maintaining their financial stability. The insurance industry has faced considerable volatility in profitability, resulting in some firms being placed under receivership or even going out of firm. The purpose of this study was to analyse the effect of leverage on financial stability of insurance firms in Kenya. The study was informed by Pecking Order Theory. The research was conducted using an explanatory research design, and the positivist philosophical approach was utilized. The target population for this study consisted of the 46 insurance firms that held IRA licenses and were operating during the time period under consideration (2014-2021). The census method was utilized for the research thesis, which focused on all 46 insurance firms in Kenya. The study used secondary data obtained from audited financial statements, which were publicly available on the websites of individual insurance firms. To gather panel data for the study, a secondary data collection template was employed. In order to draw conclusions from the data that was gathered, this study employed both descriptive and inferential statistical methods. The study employed a generalized method of moments modelling guided by static panel regression. The data processing was done using the Stata software. The research findings were presented through the use of tables, figures, and graphs. The findings of this study showed that leverage significantly and negatively impacted the financial stability of Kenyan insurance firms (β = -3.513831, p = 0.000 < .05). The study concludes that if leverage challenges are not adequately managed, they can have a detrimental influence on the profitability and capital of a particular insurance sector, and in the worst case scenarios, they can even force insurance sectors that are otherwise financially secure to fail. The study recommends that the general insurers in Kenya should enhance their leverage in order to strengthen the financial stability of their firms. However, insurance firms should be careful not to leverage themselves too much, since this can also be damaging to their long-term sustainability. Keywords: Unravelling Dynamics, Financial Leverage, Financial Stability, Insurance Firms, Insurance Industry Stability, Kenya
尽管保险业扮演着至关重要的角色，但在这一领域运营的公司一直难以维持其财务稳定性。保险业在盈利能力方面面临着相当大的波动，导致一些公司被接管，甚至倒闭。本研究的目的是分析杠杆对肯尼亚保险公司财务稳定性的影响。这项研究的依据是啄食顺序理论。本研究采用解释性研究设计，并运用实证哲学方法。本研究的目标人群包括46家持有IRA许可证并在考虑的时间段(2014-2021年)运营的保险公司。普查方法被用于研究论文，其重点是在肯尼亚所有46家保险公司。这项研究使用了从经审计的财务报表中获得的二手数据，这些财务报表可以在各个保险公司的网站上公开获得。为了收集研究的面板数据，采用了二次数据收集模板。为了从收集到的数据中得出结论，本研究采用了描述性和推断性统计方法。本研究采用静态面板回归指导下的广义矩建模方法。数据处理采用Stata软件进行。研究结果通过表格、数字和图表的形式呈现出来。本研究结果表明，杠杆显著负向影响肯尼亚保险公司的财务稳定性(β = -3.513831, p = 0.000 < 0.05)。该研究的结论是，如果杠杆挑战没有得到充分管理，它们可能对特定保险部门的盈利能力和资本产生不利影响，在最坏的情况下，它们甚至可能迫使原本财务安全的保险部门倒闭。研究建议，肯尼亚一般保险公司应提高其杠杆率，以加强其公司的财务稳定性。然而，保险公司应该小心不要过度杠杆化，因为这也会损害他们的长期可持续性。关键词:拆解动力学，金融杠杆，金融稳定，保险公司，保险业稳定，肯尼亚
{"title":"Unravelling the Dynamics: The Effects of Leverage on the Financial Stability of Insurance Firms in Kenya","authors":"Bonface Mugo Ritho","doi":"10.53819/81018102t4162","DOIUrl":"https://doi.org/10.53819/81018102t4162","url":null,"abstract":"Despite the crucial part that the insurance industry plays, firms operating in this sector have been having trouble maintaining their financial stability. The insurance industry has faced considerable volatility in profitability, resulting in some firms being placed under receivership or even going out of firm. The purpose of this study was to analyse the effect of leverage on financial stability of insurance firms in Kenya. The study was informed by Pecking Order Theory. The research was conducted using an explanatory research design, and the positivist philosophical approach was utilized. The target population for this study consisted of the 46 insurance firms that held IRA licenses and were operating during the time period under consideration (2014-2021). The census method was utilized for the research thesis, which focused on all 46 insurance firms in Kenya. The study used secondary data obtained from audited financial statements, which were publicly available on the websites of individual insurance firms. To gather panel data for the study, a secondary data collection template was employed. In order to draw conclusions from the data that was gathered, this study employed both descriptive and inferential statistical methods. The study employed a generalized method of moments modelling guided by static panel regression. The data processing was done using the Stata software. The research findings were presented through the use of tables, figures, and graphs. The findings of this study showed that leverage significantly and negatively impacted the financial stability of Kenyan insurance firms (β = -3.513831, p = 0.000 < .05). The study concludes that if leverage challenges are not adequately managed, they can have a detrimental influence on the profitability and capital of a particular insurance sector, and in the worst case scenarios, they can even force insurance sectors that are otherwise financially secure to fail. The study recommends that the general insurers in Kenya should enhance their leverage in order to strengthen the financial stability of their firms. However, insurance firms should be careful not to leverage themselves too much, since this can also be damaging to their long-term sustainability. Keywords: Unravelling Dynamics, Financial Leverage, Financial Stability, Insurance Firms, Insurance Industry Stability, Kenya","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78629894","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Financial Regulations and Stability of Banking Systems: A Case Study of Citibank in Singapore","authors":"","doi":"10.53819/81018102t5195","DOIUrl":"https://doi.org/10.53819/81018102t5195","url":null,"abstract":"","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82264395","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Equity Financing and Performance of Islamic Commercial Banks in Kuala Lumpur, Malaysia","authors":"","doi":"10.53819/81018102t5196","DOIUrl":"https://doi.org/10.53819/81018102t5196","url":null,"abstract":"","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88177801","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper examined the effect of credit management practices on financial performance of commercial banks in Rwanda with reference of Access Bank Plc. The specific objectives are to assess the effect of credit rating on performance of Access Bank Plc, to determine the effect of credit monitoring on performance of Access Bank Plc and to examine the effect of credit recovery on performance of Access Bank Plc. The researcher used liquidity theory of credit and the information theory of credit. The study used descriptive and correlational research design. The target population was 164 employees of Access Bank Plc. The study collected data from a sample size of 116 employees of Access Bank Plc at Head office in Kigali City. It used questionnaire and financial statements of Access Bank Plc to collect data and descriptive statistics and multiple regression model to analyse data. Descriptive statistics such as mean, frequency and standard deviation was used. The multiple regression analysis was use to assess the effects of multiple predictor variables on the dependent measure. Results from the first objective show that that access bank assessment of the capacity to pay loan was strongly agreed by 44.7% was used as a credit rating component at Access Bank Plc. Access Bank has used credit reference report as strongly agreed by 30.1%. Results from the second objective indicated that credit term was adopted as strongly agreed by 54.4%, credit standards as strongly agreed by 36.9 %, 40.8%, credit limits, 30.1% strongly agreed. Results to the third objective show models of loan repayment platform demonstrated that 53.4% of respondents strongly agreed with the statements. Therefore, 44.7 strongly agreed that the Access bank is continually assessment as 33.0%. Results 54.9% strongly agreed with legal enforcements. The study recommended that researcher’s asses this factors impact on credit management practices, its execution and financial performance.
本文以Access Bank Plc为例，考察了信贷管理实践对卢旺达商业银行财务绩效的影响。具体目标是评估信用评级对Access Bank Plc业绩的影响，确定信用监控对Access Bank Plc业绩的影响，并检查信用恢复对Access Bank Plc业绩的影响。研究人员运用了信贷流动性理论和信贷信息理论。本研究采用描述性和相关性研究设计。目标人群为Access Bank Plc的164名员工。该研究收集了基加利市Access Bank Plc总部116名员工的样本数据。使用Access Bank Plc的问卷调查和财务报表收集数据，并使用描述性统计和多元回归模型对数据进行分析。采用了均值、频率和标准差等描述性统计。采用多元回归分析评估多个预测变量对因变量的影响。第一个目标的结果表明，访问银行对支付贷款能力的评估得到44.7%的强烈同意，被用作访问银行Plc的信用评级组成部分。Access Bank使用了30.1%强烈同意的信用参考报告。第二目标的结果表明，采用信贷期限的占54.4%，采用信贷标准的占36.9%，采用信贷标准的占40.8%，采用信贷额度的占30.1%。对第三个目标显示的还款平台模型的结果显示，53.4%的受访者强烈同意上述说法。因此，44.7人强烈同意Access bank继续被评估为33.0%。结果54.9%的人强烈赞同执法。研究建议研究人员评估这些因素对信贷管理实践、执行和财务绩效的影响。
{"title":"Credit Management Practices and Financial Performance of Commercial Banks in Rwanda: A Case of Access Bank Plc","authors":"Emma Isaac","doi":"10.53819/81018102t2156","DOIUrl":"https://doi.org/10.53819/81018102t2156","url":null,"abstract":"This paper examined the effect of credit management practices on financial performance of commercial banks in Rwanda with reference of Access Bank Plc. The specific objectives are to assess the effect of credit rating on performance of Access Bank Plc, to determine the effect of credit monitoring on performance of Access Bank Plc and to examine the effect of credit recovery on performance of Access Bank Plc. The researcher used liquidity theory of credit and the information theory of credit. The study used descriptive and correlational research design. The target population was 164 employees of Access Bank Plc. The study collected data from a sample size of 116 employees of Access Bank Plc at Head office in Kigali City. It used questionnaire and financial statements of Access Bank Plc to collect data and descriptive statistics and multiple regression model to analyse data. Descriptive statistics such as mean, frequency and standard deviation was used. The multiple regression analysis was use to assess the effects of multiple predictor variables on the dependent measure. Results from the first objective show that that access bank assessment of the capacity to pay loan was strongly agreed by 44.7% was used as a credit rating component at Access Bank Plc. Access Bank has used credit reference report as strongly agreed by 30.1%. Results from the second objective indicated that credit term was adopted as strongly agreed by 54.4%, credit standards as strongly agreed by 36.9 %, 40.8%, credit limits, 30.1% strongly agreed. Results to the third objective show models of loan repayment platform demonstrated that 53.4% of respondents strongly agreed with the statements. Therefore, 44.7 strongly agreed that the Access bank is continually assessment as 33.0%. Results 54.9% strongly agreed with legal enforcements. The study recommended that researcher’s asses this factors impact on credit management practices, its execution and financial performance.","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90083833","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper examined the contribution of internal control system on financial performance of cooperative banks in Rwanda with reference to Zigama Credit and Saving Society. Specifically, the study assessed effect of control environment on control activities and risk assessment on financial performance of Zigama Credit and Saving Society. The significance of research will be on practitioners, decision makers and researchers to get the knowledge about internal control system. The researcher used descriptive and correlation study design with a mixed approach on a sample of 167 participants drawn from 287 population using Yamane formula. Simple random technique was employed to obtain respondents and purposive sampling techniques are employed to choose participants and information were collected using questionnaire administered to respondents. Data entry, response code, edit and tabulation were used for data analysis. Data were analysed descriptively and regression analysis helped to general association between independent and dependent variables. Qualitative information analysis used content analysis. Data from the first objective felt that a unity of variation in control environment may stimulate a change in financial success by 0.482. The research established that financial cooperatives had conducive environment. To the second objective, the study show that a unit of adjustment in control activities stimulate variation on financial success by
{"title":"Internal Control System and Financial Performance of Cooperatives in Rwanda: A Case of Zigama Credit and Saving Society","authors":"Nzimurinda Elysee Nzimurinda Elysee","doi":"10.53819/81018102t2155","DOIUrl":"https://doi.org/10.53819/81018102t2155","url":null,"abstract":"This paper examined the contribution of internal control system on financial performance of cooperative banks in Rwanda with reference to Zigama Credit and Saving Society. Specifically, the study assessed effect of control environment on control activities and risk assessment on financial performance of Zigama Credit and Saving Society. The significance of research will be on practitioners, decision makers and researchers to get the knowledge about internal control system. The researcher used descriptive and correlation study design with a mixed approach on a sample of 167 participants drawn from 287 population using Yamane formula. Simple random technique was employed to obtain respondents and purposive sampling techniques are employed to choose participants and information were collected using questionnaire administered to respondents. Data entry, response code, edit and tabulation were used for data analysis. Data were analysed descriptively and regression analysis helped to general association between independent and dependent variables. Qualitative information analysis used content analysis. Data from the first objective felt that a unity of variation in control environment may stimulate a change in financial success by 0.482. The research established that financial cooperatives had conducive environment. To the second objective, the study show that a unit of adjustment in control activities stimulate variation on financial success by","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89060439","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Performance in the financial markets is an essential component in the study of finance. Over the last decade, Kenya's commercial banks have increased their use of different types of financial technology (2011-2021). Mobile banking, agency banking, internet banking, and automated teller machines are just some of the various forms of financial technology available today. The purpose of this study was to evaluate the impact that financial technology has had, if any, on the overall financial performance of commercial banks in Kenya. The specific goals were to establish the effect of mobile banking on financial performance; to determine the effect of internet banking on financial performance; to determine the effect of agency banking on financial performance; to determine the effect of ATMs on financial performance; and to establish the moderating role of bank size on the relationship between financial technology and the financial performance of commercial banks. The research was predicated on the technological adoption model, the financial intermediation theory, the diffusion of innovation theory, and the profit maximization theory. The positivist research philosophy was used for this study, and a panel longitudinal research methodology was used for the research. The population of the study was the 38 commercial banks that have been in continuous operation throughout the last decade. The study was a census. Secondary information was gathered on an annual basis, and it covered a span of ten years (January 2012 to December 2021). The data was evaluated making use of descriptive statistics as well as inferential statistics entailing correlation and panel multiple linear regression analysis. The current research conclusions revealed that financial technology fairly explains financial performance and the current research discoveries also revealed that the financial technology is sufficient in predicting financial performance. Additional study findings were that mobile banking, internet banking, agency banking, adoption of ATMs, and bank size had positive significant correlations with financial performance. Moreover, findings were that adoption of ATMs had a significant negative link with financial performance. Meanwhile, mobile banking and agency banking had negative insignificant link with financial performance. Finally, both internet banking and bank size had a positive insignificant relationship with financial performance. Policy recommendations to the government officials and policy formulators in the Treasury and the CBK to not mainly advocate for financial technology policy as a means of boosting bank financial performance and it is recommended to the policy makers to utilize other policies when aiming to boost bank financial performance. Recommendations are also generated to the bank management and consultants not to mainly consider financial technology will significantly boost the banks’ financial performance. Keywords: Financial Technology, Finan
{"title":"Effect of Financial Technology on Financial Performance of Commercial Banks in Kenya","authors":"Susan Muttai, Charity W. Njoka, B. Muchira","doi":"10.53819/81018102t6063","DOIUrl":"https://doi.org/10.53819/81018102t6063","url":null,"abstract":"Performance in the financial markets is an essential component in the study of finance. Over the last decade, Kenya's commercial banks have increased their use of different types of financial technology (2011-2021). Mobile banking, agency banking, internet banking, and automated teller machines are just some of the various forms of financial technology available today. The purpose of this study was to evaluate the impact that financial technology has had, if any, on the overall financial performance of commercial banks in Kenya. The specific goals were to establish the effect of mobile banking on financial performance; to determine the effect of internet banking on financial performance; to determine the effect of agency banking on financial performance; to determine the effect of ATMs on financial performance; and to establish the moderating role of bank size on the relationship between financial technology and the financial performance of commercial banks. The research was predicated on the technological adoption model, the financial intermediation theory, the diffusion of innovation theory, and the profit maximization theory. The positivist research philosophy was used for this study, and a panel longitudinal research methodology was used for the research. The population of the study was the 38 commercial banks that have been in continuous operation throughout the last decade. The study was a census. Secondary information was gathered on an annual basis, and it covered a span of ten years (January 2012 to December 2021). The data was evaluated making use of descriptive statistics as well as inferential statistics entailing correlation and panel multiple linear regression analysis. The current research conclusions revealed that financial technology fairly explains financial performance and the current research discoveries also revealed that the financial technology is sufficient in predicting financial performance. Additional study findings were that mobile banking, internet banking, agency banking, adoption of ATMs, and bank size had positive significant correlations with financial performance. Moreover, findings were that adoption of ATMs had a significant negative link with financial performance. Meanwhile, mobile banking and agency banking had negative insignificant link with financial performance. Finally, both internet banking and bank size had a positive insignificant relationship with financial performance. Policy recommendations to the government officials and policy formulators in the Treasury and the CBK to not mainly advocate for financial technology policy as a means of boosting bank financial performance and it is recommended to the policy makers to utilize other policies when aiming to boost bank financial performance. Recommendations are also generated to the bank management and consultants not to mainly consider financial technology will significantly boost the banks’ financial performance. Keywords: Financial Technology, Finan","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77145931","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This general objective was to examine effect of efficient use of electronic banking on financial performance of commercial banks with reference to Equity Bank Plc. The specific objectives of the study were to assess effect of internet banking on financial performance of commercial banks in Rwanda; to ascertain effect of Debit and credit cards on financial performance of commercial banks in Rwanda Equity Bank Plc in Rwanda and to establish effect of mobile banking on financial performance of commercial performance in Rwanda. This study is significant as the findings will providing information on influence of electronic banking and financial performance for banking institutions in Rwanda also the finding will help researchers interested in carrying out further studies in this field. This study used descriptive and coefficient regression size effect between variables and for each objective whereby the target population was 370, while a sample size was 193 calculated using Yamane formula obtained using simple random technique. Questionnaire and interview used as a data collection instruments. Data analysis methods were descriptive and multiple regression for quantitative results while content analysis was used for information from interview. After collecting data, analyzing and interpreting data, the study findings showed that Adjusted R Square shows that internet banking, using debits and credits cards and mobile banking contributes up to 87.2% to financial performance of commercial banks in Rwanda and there is a positive and strong correlation between dependent and independent variables whereby internet banking has 0.7742 correlation with financial performance. Credits and Debits cards has 0.812 correlation with financial performance. Mobile banking has 0.967 correction with financial performance. The study recommended that to maximize the influence of easy fund transfer using digital banking on financial performance, banks should prioritize user-friendly and intuitive digital banking interfaces. They should invest in robust security measures to protect customer information and transaction integrity. Regular monitoring, maintenance, and updates of the digital banking platform are crucial to ensure smooth functionality and address any potential issues promptly. The study concluded that, internet banking, credits and debits cards and mobile banking as analyzed independent variables significantly contributes to financial performance. Keywords: Electronic banking, financial performance, Commercial banks, Equity Bank Plc, Rwanda
这一总体目标是考察电子银行的有效使用对商业银行财务绩效的影响，并以股权银行为例。该研究的具体目标是评估互联网银行对卢旺达商业银行财务绩效的影响;确定借记卡和信用卡对卢旺达商业银行财务绩效的影响，以及确定移动银行对卢旺达商业绩效财务绩效的影响。这项研究具有重要意义，因为研究结果将提供有关电子银行和财务绩效对卢旺达银行机构的影响的信息，研究结果也将有助于有兴趣在这一领域开展进一步研究的研究人员。本研究采用变量间和各目标间的描述性和系数回归大小效应，其中目标人群为370人，而样本数量为193人，使用简单随机技术得到的Yamane公式计算。采用问卷调查和访谈作为数据收集工具。定量结果采用描述性和多元回归的数据分析方法，访谈信息采用内容分析。在收集数据，分析和解释数据后，研究结果表明，调整后的R平方显示，互联网银行，使用借记卡和信用卡以及手机银行对卢旺达商业银行财务绩效的贡献高达87.2%，因变量和自变量之间存在正相关和强相关，其中互联网银行与财务绩效的相关系数为0.7742。信用卡和借记卡与财务绩效的相关系数为0.812。手机银行与财务业绩有0.967的修正。该研究建议，为了最大限度地发挥使用数字银行便捷资金转账对财务绩效的影响，银行应优先考虑用户友好和直观的数字银行界面。他们应该投资于健壮的安全措施，以保护客户信息和事务的完整性。定期监控、维护和更新数字银行平台对于确保功能流畅和及时解决任何潜在问题至关重要。该研究得出结论，网上银行、信用卡和借记卡以及手机银行作为分析的独立变量对财务绩效有显著贡献。关键词:电子银行，财务绩效，商业银行，Equity Bank Plc，卢旺达
{"title":"Efficient Use of Electronic Banking and Financial Performance of Commercial Banks in Rwanda: A Case of Equity Bank Plc","authors":"Josiane Umutoni","doi":"10.53819/81018102t4154","DOIUrl":"https://doi.org/10.53819/81018102t4154","url":null,"abstract":"This general objective was to examine effect of efficient use of electronic banking on financial performance of commercial banks with reference to Equity Bank Plc. The specific objectives of the study were to assess effect of internet banking on financial performance of commercial banks in Rwanda; to ascertain effect of Debit and credit cards on financial performance of commercial banks in Rwanda Equity Bank Plc in Rwanda and to establish effect of mobile banking on financial performance of commercial performance in Rwanda. This study is significant as the findings will providing information on influence of electronic banking and financial performance for banking institutions in Rwanda also the finding will help researchers interested in carrying out further studies in this field. This study used descriptive and coefficient regression size effect between variables and for each objective whereby the target population was 370, while a sample size was 193 calculated using Yamane formula obtained using simple random technique. Questionnaire and interview used as a data collection instruments. Data analysis methods were descriptive and multiple regression for quantitative results while content analysis was used for information from interview. After collecting data, analyzing and interpreting data, the study findings showed that Adjusted R Square shows that internet banking, using debits and credits cards and mobile banking contributes up to 87.2% to financial performance of commercial banks in Rwanda and there is a positive and strong correlation between dependent and independent variables whereby internet banking has 0.7742 correlation with financial performance. Credits and Debits cards has 0.812 correlation with financial performance. Mobile banking has 0.967 correction with financial performance. The study recommended that to maximize the influence of easy fund transfer using digital banking on financial performance, banks should prioritize user-friendly and intuitive digital banking interfaces. They should invest in robust security measures to protect customer information and transaction integrity. Regular monitoring, maintenance, and updates of the digital banking platform are crucial to ensure smooth functionality and address any potential issues promptly. The study concluded that, internet banking, credits and debits cards and mobile banking as analyzed independent variables significantly contributes to financial performance. Keywords: Electronic banking, financial performance, Commercial banks, Equity Bank Plc, Rwanda","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79629262","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Internal Audit Function and Budgeting Efficiency in Financial Institutions: A Case of Rwanda Social Security Board","authors":"Henriette Nishimwe","doi":"10.53819/81018102t2145","DOIUrl":"https://doi.org/10.53819/81018102t2145","url":null,"abstract":"","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89981417","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Revenue generation is crucial for the financial sustainability and functioning of organizations and governments. The study sought to examine the effects of revenue generation on tax auditing in Sarajevo, Bosnia and Herzegovina. Tax auditing refers to the process of examining and reviewing tax-related records, financial statements, and other relevant documents to ensure compliance with tax laws and regulations. Tax authorities may prioritize audits of high-revenue-generating taxpayers or sectors, potentially overlooking smaller taxpayers or sectors that may still pose a risk of non-compliance. Tax authorities can ensure that revenue generation efforts are balanced with maintaining taxpayers' trust and encouraging voluntary compliance. The study utilized the descriptive research design. The target population was 180 businesses in Sarajevo, Bosnia and Herzegovina. The research did sampling of 140 participants that were selected from the target population of 180 businesses in Sarajevo, Bosnia and Herzegovina. Questionnaires were utilized to gather the data. The study concluded that a comprehensive evaluation of existing practices, policies
{"title":"Effects of Revenue Generation on Tax Auditing in Sarajevo, Bosnia and Herzegovina","authors":"Beriz Lozančić Bujang, Milorad Belkić, Hofmann Nikola, Živković Janchai, Milorad Belkić Hofmann, Nikola Živković Janchai","doi":"10.53819/81018102t5170","DOIUrl":"https://doi.org/10.53819/81018102t5170","url":null,"abstract":"Revenue generation is crucial for the financial sustainability and functioning of organizations and governments. The study sought to examine the effects of revenue generation on tax auditing in Sarajevo, Bosnia and Herzegovina. Tax auditing refers to the process of examining and reviewing tax-related records, financial statements, and other relevant documents to ensure compliance with tax laws and regulations. Tax authorities may prioritize audits of high-revenue-generating taxpayers or sectors, potentially overlooking smaller taxpayers or sectors that may still pose a risk of non-compliance. Tax authorities can ensure that revenue generation efforts are balanced with maintaining taxpayers' trust and encouraging voluntary compliance. The study utilized the descriptive research design. The target population was 180 businesses in Sarajevo, Bosnia and Herzegovina. The research did sampling of 140 participants that were selected from the target population of 180 businesses in Sarajevo, Bosnia and Herzegovina. Questionnaires were utilized to gather the data. The study concluded that a comprehensive evaluation of existing practices, policies","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75929689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-29DOI: 10.11648/j.jfa.20231103.13
Wilson Bashaija
{"title":"Effects of Working Capital Management on Profitability of NBFIs in Rwanda","authors":"Wilson Bashaija","doi":"10.11648/j.jfa.20231103.13","DOIUrl":"https://doi.org/10.11648/j.jfa.20231103.13","url":null,"abstract":"","PeriodicalId":39488,"journal":{"name":"Afro-Asian Journal of Finance and Accounting","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83183404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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