首页 > 最新文献

International Journal of Banking, Accounting and Finance最新文献

英文 中文
Dividends, investment and pension contributions 分红、投资和养老金
Q4 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.1504/ijbaaf.2023.10060427
Jon Tucker, Ismail Ufuk Misirlioglu
{"title":"Dividends, investment and pension contributions","authors":"Jon Tucker, Ismail Ufuk Misirlioglu","doi":"10.1504/ijbaaf.2023.10060427","DOIUrl":"https://doi.org/10.1504/ijbaaf.2023.10060427","url":null,"abstract":"","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"194 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135706401","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}
引用次数: 0
Do foreign investors affect stock price crash risk in the Korean stock market 外国投资者是否会影响韩国股市的暴跌风险
Q4 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.1504/ijbaaf.2023.133916
Sang Koo Kang, Haksoon Kim, Hyunil Lim
{"title":"Do foreign investors affect stock price crash risk in the Korean stock market","authors":"Sang Koo Kang, Haksoon Kim, Hyunil Lim","doi":"10.1504/ijbaaf.2023.133916","DOIUrl":"https://doi.org/10.1504/ijbaaf.2023.133916","url":null,"abstract":"","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136004201","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}
引用次数: 0
Going global: evidence from India 走向全球:来自印度的证据
Q4 Economics, Econometrics and Finance Pub Date : 2023-01-01 DOI: 10.1504/ijbaaf.2023.133919
Roberta Adami, Sudha Mathew, Prem Puwanenthiren, Sheeja Sivaprasad
{"title":"Going global: evidence from India","authors":"Roberta Adami, Sudha Mathew, Prem Puwanenthiren, Sheeja Sivaprasad","doi":"10.1504/ijbaaf.2023.133919","DOIUrl":"https://doi.org/10.1504/ijbaaf.2023.133919","url":null,"abstract":"","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136005800","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}
引用次数: 0
Effect of Risk Avoidance on Performance of Devolved Governments in Kenya 风险规避对肯尼亚地方分权政府绩效的影响
Q4 Economics, Econometrics and Finance Pub Date : 2022-12-07 DOI: 10.47604/ijfa.1714
F. Ochola, Stephen Lucas, M. Nyamita
Purpose: Risk avoidance are critical techniques in the elimination of threats, undertaking and submissions that can negatively influence an institution or government gains and investment decision worldwide. By halting the activity that can lead to likely problems, the chance of incurring and loss is eliminated. However, devolved system of government studies on risk avoidance are scanty in Kenya. The main purpose of the study was to investigate the effect of risk avoidance and how it influences performance of devolved governments in Kenya. Methodology: The study was anchored on the agency and stakeholder theory. A correlational research design was used based on the nature of data collected. The study was analytical and hence it took a pragmatic philosophical reasoning. The study targeted 423 respondents in the 47 devolved governments departments in Kenya. A sample size of 381 respondents from the devolved governments departments was drawn from the targeted population using stratified sampling technique. The study used primary data from the use of questionnaires. Data was analyzed using Statistical Packages for Social Sciences version 24 utilizing inferential statistics which involved testing of the hypothesis at 95% confidence level and also descriptive statistics (frequencies, percentages, mean and standard deviation). Data was presented by use of tables. Findings: The outcomes indicated that risk avoidance indicator had a standardized Beta coefficient of 0.341, an absolute t-value of 5.609 and p˂0.05 (0.03) which indicated that risk avoidance had a statistically considerable effect on performance of devolved governments in Kenya. Unique Contribution to Theory, Practice and Policy: The study suggests that devolved governments and key stakeholders should upgrade, embrace and ensure that risk avoidance techniques are in place in the devolved governments so as to improve on performance of devolved government.  
目的:风险规避是消除可能对机构或政府收益和全球投资决策产生负面影响的威胁、承诺和提交的关键技术。通过停止可能导致问题的活动,可以消除发生和损失的可能性。然而,在肯尼亚,关于避免风险的政府研究的下放制度很少。本研究的主要目的是调查风险规避的效果,以及它如何影响肯尼亚地方分权政府的绩效。研究方法:本研究以代理和利益相关者理论为基础。根据所收集数据的性质,采用相关研究设计。这项研究是分析性的,因此采取了实用主义的哲学推理。这项研究的对象是肯尼亚47个地方政府部门的423名受访者。采用分层抽样技术,从目标人群中抽取了381名地方政府部门的调查对象。该研究使用了问卷调查的原始数据。使用社会科学统计软件包第24版分析数据,利用推论统计,包括在95%置信度水平上对假设进行检验,以及描述性统计(频率、百分比、平均值和标准差)。数据以表格形式呈现。结果表明,风险规避指标的标准化贝塔系数为0.341,绝对t值为5.609,p值小于0.05(0.03),这表明风险规避对肯尼亚地方政府的绩效有统计学上相当大的影响。对理论、实践和政策的独特贡献:该研究建议,地方政府和主要利益相关者应升级、接受并确保地方政府采用风险规避技术,以提高地方政府的绩效。
{"title":"Effect of Risk Avoidance on Performance of Devolved Governments in Kenya","authors":"F. Ochola, Stephen Lucas, M. Nyamita","doi":"10.47604/ijfa.1714","DOIUrl":"https://doi.org/10.47604/ijfa.1714","url":null,"abstract":"Purpose: Risk avoidance are critical techniques in the elimination of threats, undertaking and submissions that can negatively influence an institution or government gains and investment decision worldwide. By halting the activity that can lead to likely problems, the chance of incurring and loss is eliminated. However, devolved system of government studies on risk avoidance are scanty in Kenya. The main purpose of the study was to investigate the effect of risk avoidance and how it influences performance of devolved governments in Kenya. \u0000Methodology: The study was anchored on the agency and stakeholder theory. A correlational research design was used based on the nature of data collected. The study was analytical and hence it took a pragmatic philosophical reasoning. The study targeted 423 respondents in the 47 devolved governments departments in Kenya. A sample size of 381 respondents from the devolved governments departments was drawn from the targeted population using stratified sampling technique. The study used primary data from the use of questionnaires. Data was analyzed using Statistical Packages for Social Sciences version 24 utilizing inferential statistics which involved testing of the hypothesis at 95% confidence level and also descriptive statistics (frequencies, percentages, mean and standard deviation). Data was presented by use of tables. \u0000Findings: The outcomes indicated that risk avoidance indicator had a standardized Beta coefficient of 0.341, an absolute t-value of 5.609 and p˂0.05 (0.03) which indicated that risk avoidance had a statistically considerable effect on performance of devolved governments in Kenya. \u0000Unique Contribution to Theory, Practice and Policy: The study suggests that devolved governments and key stakeholders should upgrade, embrace and ensure that risk avoidance techniques are in place in the devolved governments so as to improve on performance of devolved government. \u0000 ","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"12 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87643688","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}
引用次数: 0
Relationship Between Public Debt And Financial Development In Kenya 肯尼亚公共债务与金融发展的关系
Q4 Economics, Econometrics and Finance Pub Date : 2022-11-18 DOI: 10.47604/ijfa.1704
Samwel Kipyego, Charity W. Njoka, J. Muniu
Purpose: This study sought to analyze the relationship between public debt and financial development in Kenya. The specific objectives were to examine the association between public domestic debt and financial development, to analyze the connexion between public external debt and Kenya's financial development. The study was underpinned on Financial Repression, Financial Liberalization, Lazy Bank Hypothesis, Demand following hypothesis, and the MacKinnon theoretical model. Methodology: The study applied positivism philosophy and explanatory research design. The study used country data hence no need for sampling. Data was collected for 1964 to 2019 from Kenya's Central Bank. Descriptive and inferential statistics were used in the study. Diagnostic tests such as Multi-collinearity, Auto-correlation, Normality, and Unit root were performed.  Specifically, the long-run and short-run relationships were analyzed using the Auto-Regressive Distributive lag (ARDL) bound test for cointegration. An error correction model was applied to examine the short-run association. Finding: The test suggested the presence of a stable long-run relationship between financial development, public domestic debt, public external debt, and interest rate. The study finding indicates that public domestic debt has a statistically significant negative relationship with Kenya's financial development both in the long and short run. Also, public external debt has a statistically significant positive long and short-run association with financial development. Unique Contribution to Theory, Practice and Policy: The affirms liberalization theory by Shaw and Mackinnon (1973), advocating for a reduction in direct government participation in the financial market credit restriction In addition the study's findings are consistent with the lazy bank hypothesis by Hauner (2009) In addition, the government must ensure appropriate market-determined interest rate must be applied in domestic public debt. Furthermore, the government should continue fostering financial liberalization policies that encourage public external debt has its impacts positively on financial development.    
目的:本研究旨在分析肯尼亚公共债务与金融发展之间的关系。具体目标是审查公共国内债务与金融发展之间的联系,分析公共外债与肯尼亚金融发展之间的联系。本研究以金融抑制、金融自由化、懒惰银行假说、需求跟随假说和麦金农理论模型为基础。研究方法:采用实证主义哲学和解释性研究设计。这项研究使用的是国别数据,因此不需要抽样。数据收集自肯尼亚中央银行1964年至2019年。本研究采用描述性统计和推断性统计。进行多重共线性、自相关、正态性和单位根等诊断检验。具体而言,长期和短期的关系分析使用自回归分布滞后(ARDL)约束检验协整。采用误差修正模型对短期关联进行检验。发现:检验表明金融发展、公共国内债务、公共外部债务和利率之间存在稳定的长期关系。研究发现,无论是长期还是短期,公共国内债务与肯尼亚金融发展都存在统计学上显著的负相关关系。此外,公共外债与金融发展具有统计上显著的长期和短期正相关关系。对理论、实践和政策的独特贡献:肯定了Shaw和Mackinnon(1973)的自由化理论,主张减少政府直接参与金融市场的信贷限制。此外,该研究的发现与Hauner(2009)的懒惰银行假说一致。此外,政府必须确保国内公共债务必须采用适当的市场决定利率。此外,政府应继续推行金融自由化政策,鼓励公共外债对金融发展产生积极影响。
{"title":"Relationship Between Public Debt And Financial Development In Kenya","authors":"Samwel Kipyego, Charity W. Njoka, J. Muniu","doi":"10.47604/ijfa.1704","DOIUrl":"https://doi.org/10.47604/ijfa.1704","url":null,"abstract":"Purpose: This study sought to analyze the relationship between public debt and financial development in Kenya. The specific objectives were to examine the association between public domestic debt and financial development, to analyze the connexion between public external debt and Kenya's financial development. The study was underpinned on Financial Repression, Financial Liberalization, Lazy Bank Hypothesis, Demand following hypothesis, and the MacKinnon theoretical model. \u0000Methodology: The study applied positivism philosophy and explanatory research design. The study used country data hence no need for sampling. Data was collected for 1964 to 2019 from Kenya's Central Bank. Descriptive and inferential statistics were used in the study. Diagnostic tests such as Multi-collinearity, Auto-correlation, Normality, and Unit root were performed.  Specifically, the long-run and short-run relationships were analyzed using the Auto-Regressive Distributive lag (ARDL) bound test for cointegration. An error correction model was applied to examine the short-run association. \u0000Finding: The test suggested the presence of a stable long-run relationship between financial development, public domestic debt, public external debt, and interest rate. The study finding indicates that public domestic debt has a statistically significant negative relationship with Kenya's financial development both in the long and short run. Also, public external debt has a statistically significant positive long and short-run association with financial development. \u0000Unique Contribution to Theory, Practice and Policy: The affirms liberalization theory by Shaw and Mackinnon (1973), advocating for a reduction in direct government participation in the financial market credit restriction In addition the study's findings are consistent with the lazy bank hypothesis by Hauner (2009) In addition, the government must ensure appropriate market-determined interest rate must be applied in domestic public debt. Furthermore, the government should continue fostering financial liberalization policies that encourage public external debt has its impacts positively on financial development. \u0000  \u0000 ","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"196 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72906453","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}
引用次数: 0
Factors Affecting Weights and Measures Officers in Revenue Collection: A Case of Weights and Measures Agency in Dar es Salaam 影响税收计量员的因素:以达累斯萨拉姆计量局为例
Q4 Economics, Econometrics and Finance Pub Date : 2022-11-01 DOI: 10.37284/ijfa.1.1.919
Happy Titi
This study aimed to investigate the factors affecting weights and measures officers (WMO) in revenue collection, a case at Dar es Salaam. The study employed a cross-sectional research design, whereas a sample size of 63 respondents that, include 59 WMO and 4 RM of WMA from Dar es Salaam were involved. A simple random sampling technique was used in the selection of WMO, and a purposive sampling technique was used in the selection of the regional managers (RM) of four administrative regions. Questionnaires, interviews, and documentary reviews were used for data collection. The collected quantitative data were analysed by using descriptive statistics, while qualitative data were analysed by using thematic analysis. The study found that lack of regular training on revenue collection, the existence of fraud, shortage of WMO and shortage of budget hinder their revenue collection at WMA. The study recommends that WMA should improve the provision environments of the service delivery to satisfy its customers. WMA needs to train its WMO in customer services, customer satisfaction and professional skills, WMA should look for sustainable and definite sources of revenue to generate funds for its budget, and WMA should put in place human resource policies, such as recognition policy and rewards, and training policy to enhance professional excellence and motivation of WMO to be results oriented
本研究旨在调查影响计量员(气象组织)收税的因素,以达累斯萨拉姆为例。该研究采用了横断面研究设计,样本量为63名受访者,其中包括来自达累斯萨拉姆的59名WMO和4名WMA RM。在WMO的选择中采用简单随机抽样技术,在四个行政区域的区域管理者(RM)的选择中采用目的抽样技术。数据收集采用问卷调查、访谈和文献回顾。收集的定量数据采用描述性统计进行分析,定性数据采用专题分析进行分析。研究发现,缺乏定期的收入培训、存在欺诈、WMO短缺和预算短缺阻碍了他们在WMA的收入。研究建议水务管理公司应改善提供服务的环境,以令顾客满意。WMA需要在客户服务、客户满意度和专业技能方面对其WMO进行培训,WMA应该寻找可持续和明确的收入来源,为其预算提供资金,WMA应该制定人力资源政策,如认可政策和奖励,以及培训政策,以提高WMO的专业水平和激励,以结果为导向
{"title":"Factors Affecting Weights and Measures Officers in Revenue Collection: A Case of Weights and Measures Agency in Dar es Salaam","authors":"Happy Titi","doi":"10.37284/ijfa.1.1.919","DOIUrl":"https://doi.org/10.37284/ijfa.1.1.919","url":null,"abstract":"This study aimed to investigate the factors affecting weights and measures officers (WMO) in revenue collection, a case at Dar es Salaam. The study employed a cross-sectional research design, whereas a sample size of 63 respondents that, include 59 WMO and 4 RM of WMA from Dar es Salaam were involved. A simple random sampling technique was used in the selection of WMO, and a purposive sampling technique was used in the selection of the regional managers (RM) of four administrative regions. Questionnaires, interviews, and documentary reviews were used for data collection. The collected quantitative data were analysed by using descriptive statistics, while qualitative data were analysed by using thematic analysis. The study found that lack of regular training on revenue collection, the existence of fraud, shortage of WMO and shortage of budget hinder their revenue collection at WMA. The study recommends that WMA should improve the provision environments of the service delivery to satisfy its customers. WMA needs to train its WMO in customer services, customer satisfaction and professional skills, WMA should look for sustainable and definite sources of revenue to generate funds for its budget, and WMA should put in place human resource policies, such as recognition policy and rewards, and training policy to enhance professional excellence and motivation of WMO to be results oriented","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"35 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87103137","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}
引用次数: 0
Assessment of Internal Control Practices on Financial Performance of State Corporations in Kenya 肯尼亚国有企业财务绩效的内部控制实践评估
Q4 Economics, Econometrics and Finance Pub Date : 2022-10-26 DOI: 10.47604/ijfa.1675
Robert Mrima, M. Ronald
Purpose: The purpose of this study was to assess the influence of internal control practices on financial performance of state corporations in Kenya. State corporations have been identified as important drivers in accelerating national growth and2 development as well as2improving delivery of public services. However, their performance has over the years been a2matter of public2concern. Methodology: The study used descriptive research design. A study population of 561 was collected2and a sample of 234 was selected for the study randomly using Yamane (1967) formula. It involved collection of primary data on segregation of duties, transactional authorization, independent checks, documentation and records. Secondary data was collected as well to assess the performance of the state corporations. Data was obtained randomly from the corporations and analyzed using descriptive statistics and regression analysis and the outcomes were shown through tables. Findings: Upon analysis of data collected, findings showed that internal control practices significantly influenced the financial performance of state corporations in Kenya. The internal control practices had a significant influence on the financial performance of state corporations. Unique Contributions to Theory, Practice and Policy: It was concluded that these internal control factors were critical and needed to be embraced so as excellent financial performance of state corporations can be realized. The study recommended that the management should continually assess the risk, monitor control implementation, and modify controls as needed in order to identify and establish effective controls.
目的:本研究的目的是评估内部控制实践对肯尼亚国有企业财务绩效的影响。国有企业已被确定为加速国家增长和发展以及改善公共服务提供的重要动力。然而,他们的表现多年来一直是公众关注的问题。方法:本研究采用描述性研究设计。采用Yamane(1967)公式随机抽取234例样本进行研究,共收集研究人群561例。它涉及收集关于职责分离、交易授权、独立检查、文件和记录的原始数据。此外,还收集了二级数据,以评估国有企业的绩效。随机抽取各企业的数据,采用描述性统计和回归分析的方法进行分析,并以表格的形式显示结果。研究结果:对收集到的数据进行分析后,发现内部控制实践显著影响了肯尼亚国有企业的财务绩效。内部控制实践对国有企业的财务绩效有显著影响。对理论、实践和政策的独特贡献:本文的结论是,这些内部控制因素是至关重要的,需要被接受,这样才能实现国有企业的卓越财务绩效。该研究建议管理层应持续评估风险,监测控制实施情况,并根据需要修改控制措施,以确定和建立有效的控制措施。
{"title":"Assessment of Internal Control Practices on Financial Performance of State Corporations in Kenya","authors":"Robert Mrima, M. Ronald","doi":"10.47604/ijfa.1675","DOIUrl":"https://doi.org/10.47604/ijfa.1675","url":null,"abstract":"Purpose: The purpose of this study was to assess the influence of internal control practices on financial performance of state corporations in Kenya. State corporations have been identified as important drivers in accelerating national growth and2 development as well as2improving delivery of public services. However, their performance has over the years been a2matter of public2concern. \u0000Methodology: The study used descriptive research design. A study population of 561 was collected2and a sample of 234 was selected for the study randomly using Yamane (1967) formula. It involved collection of primary data on segregation of duties, transactional authorization, independent checks, documentation and records. Secondary data was collected as well to assess the performance of the state corporations. Data was obtained randomly from the corporations and analyzed using descriptive statistics and regression analysis and the outcomes were shown through tables. \u0000Findings: Upon analysis of data collected, findings showed that internal control practices significantly influenced the financial performance of state corporations in Kenya. The internal control practices had a significant influence on the financial performance of state corporations. \u0000Unique Contributions to Theory, Practice and Policy: It was concluded that these internal control factors were critical and needed to be embraced so as excellent financial performance of state corporations can be realized. The study recommended that the management should continually assess the risk, monitor control implementation, and modify controls as needed in order to identify and establish effective controls.","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"76 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77330258","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}
引用次数: 0
The Effect of Working Capital on Firm Financial Performance Management in The United Republic of Tanzania 营运资金对坦桑尼亚联合共和国企业财务绩效管理的影响
Q4 Economics, Econometrics and Finance Pub Date : 2022-10-25 DOI: 10.37284/ijfa.1.1.909
M. L. Bukwimba, Charles E. Ngata
The efficient management of working capital is very vital for business survival and thus a factor for an overall boost in profitability. The study analysed the effect of working capital management on a firm’s financial performance, a case of seven selected manufacturing firms in Tanzania listed with the Dar es Salaam Stock Exchange for the period from 2011 to 2020. The paper adopted secondary data from the annual reports of selected manufacturing firms in Tanzania. Purposive sampling techniques were used to select annual reports for investigation, and data were collected from the financial statements of the selected manufacturing firm. The results of the study indicated that the average Collection Period has an insignificant and negatively association with Financial Performance. Moreover, the study revealed that Inventory turnover in days was insignificant and negatively related to the financial performance (ROA) of the manufacturing firms. The study concludes that Finance Managers can improve the profitability of their firms by reducing the credit period granted to their customers, and this can be achieved through prompt collections of accounts receivables and delaying payment of accounts payables or average payment periods and investing the money in different profitable ventures
营运资金的有效管理对企业生存至关重要,因此是提高整体盈利能力的一个因素。该研究分析了营运资金管理对公司财务绩效的影响,以2011年至2020年期间在达累斯萨拉姆证券交易所上市的坦桑尼亚七家制造公司为例。本文采用了坦桑尼亚选定的制造公司年度报告中的二手数据。有目的的抽样技术用于选择年度报告进行调查,并从所选制造公司的财务报表中收集数据。研究结果表明,平均催收期与财务绩效呈显著负相关。此外,研究发现库存周转率(天)与制造企业的财务绩效(ROA)呈显著负相关。该研究的结论是,财务经理可以通过缩短给予客户的信用期限来提高公司的盈利能力,这可以通过及时收集应收账款和延迟支付应付账款或平均支付期限以及将资金投资于不同的盈利企业来实现
{"title":"The Effect of Working Capital on Firm Financial Performance Management in The United Republic of Tanzania","authors":"M. L. Bukwimba, Charles E. Ngata","doi":"10.37284/ijfa.1.1.909","DOIUrl":"https://doi.org/10.37284/ijfa.1.1.909","url":null,"abstract":"The efficient management of working capital is very vital for business survival and thus a factor for an overall boost in profitability. The study analysed the effect of working capital management on a firm’s financial performance, a case of seven selected manufacturing firms in Tanzania listed with the Dar es Salaam Stock Exchange for the period from 2011 to 2020. The paper adopted secondary data from the annual reports of selected manufacturing firms in Tanzania. Purposive sampling techniques were used to select annual reports for investigation, and data were collected from the financial statements of the selected manufacturing firm. The results of the study indicated that the average Collection Period has an insignificant and negatively association with Financial Performance. Moreover, the study revealed that Inventory turnover in days was insignificant and negatively related to the financial performance (ROA) of the manufacturing firms. The study concludes that Finance Managers can improve the profitability of their firms by reducing the credit period granted to their customers, and this can be achieved through prompt collections of accounts receivables and delaying payment of accounts payables or average payment periods and investing the money in different profitable ventures","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86084775","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}
引用次数: 0
Recovery of Debts Due to Banks: A Need for Debts Recovery Tribunal and Securitisation Law in Tanzania - A Leaf Plucked from Indian and UK Jurisprudence 银行债务的追讨:坦桑尼亚债务追讨法庭和证券化法的必要性——借鉴印度和英国的判例
Q4 Economics, Econometrics and Finance Pub Date : 2022-10-16 DOI: 10.37284/ijfa.1.1.891
Archibald Aristarch Kiwango, Nyamwero Bwire Nyamwero
Like any other developing countries, Banks are the foundation of the Government's financial sector in Tanzania. They have been playing a positive role in promoting the country's economy. So, the development of banking institutions is one of the essential ingredients that play a crucial role in stimulating the financial institution's development and economic growth simultaneously in Tanzania. Banks and financial institutions at present experience considerable difficulties in recovering loans and enforcement of securities charged within them. The existing procedure for recovery of debts due to banks and financial institutions has blocked a significant portion of their funds in productive asserts, the value of which deteriorates with the passage of time, in this context therefore, Effective legal machinery and timely dispute resolution mechanisms between banks and customers are necessary for the growth of the banking sector. This article, therefore, is devoid of substantiating the need for a specialized Tribunal for recovery of debts due to Banks in Tanzania jurisdiction and the need for securitization Law.
像任何其他发展中国家一样,银行是坦桑尼亚政府金融部门的基础。他们在促进国家经济发展方面一直发挥着积极作用。因此,银行机构的发展是促进坦桑尼亚金融机构发展和经济增长的重要因素之一。目前,银行和金融机构在收回贷款和执行在其内部收取的证券方面遇到相当大的困难。收回欠银行和金融机构的债务的现行程序使它们的很大一部分资金无法用于生产性债权,这些债权的价值随着时间的推移而恶化,因此,在这方面,银行和客户之间有效的法律机制和及时解决争端的机制对于银行业的增长是必要的。因此,这条没有证明需要一个专门法庭来追回坦桑尼亚管辖范围内的银行债务,也没有证明需要制定证券化法。
{"title":"Recovery of Debts Due to Banks: A Need for Debts Recovery Tribunal and Securitisation Law in Tanzania - A Leaf Plucked from Indian and UK Jurisprudence","authors":"Archibald Aristarch Kiwango, Nyamwero Bwire Nyamwero","doi":"10.37284/ijfa.1.1.891","DOIUrl":"https://doi.org/10.37284/ijfa.1.1.891","url":null,"abstract":"Like any other developing countries, Banks are the foundation of the Government's financial sector in Tanzania. They have been playing a positive role in promoting the country's economy. So, the development of banking institutions is one of the essential ingredients that play a crucial role in stimulating the financial institution's development and economic growth simultaneously in Tanzania. Banks and financial institutions at present experience considerable difficulties in recovering loans and enforcement of securities charged within them. The existing procedure for recovery of debts due to banks and financial institutions has blocked a significant portion of their funds in productive asserts, the value of which deteriorates with the passage of time, in this context therefore, Effective legal machinery and timely dispute resolution mechanisms between banks and customers are necessary for the growth of the banking sector. This article, therefore, is devoid of substantiating the need for a specialized Tribunal for recovery of debts due to Banks in Tanzania jurisdiction and the need for securitization Law.","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"40 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77024638","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}
引用次数: 0
THE IMPACT OF COVID-19 ON INTERNALLY GENERATED REVENUE OF SOUTH-WEST NIGERIA 2019冠状病毒病对尼日利亚西南部国内创收的影响
Q4 Economics, Econometrics and Finance Pub Date : 2022-10-13 DOI: 10.47604/ijfa.1666
Mercy Femi-Olagundoye, O. Olagundoye
Purpose: the paper investigated the impact of COVID-19 on the Internally Generated Revenue (IGR) of southwest Nigeria comprising Ekiti state, Lagos state, Ogun state, Ondo State, and Osun state, Oyo state. Methodology: the authors sourced data from secondary sources; the Internally Generated Revenue was obtained from the annual publication of the National Bureau of Statistics covering 2019 and 2020 and the COVID-19 confirmed cases were obtained from National Disease Control Centre. Findings: The result showed that paired correlation of IGR 2019 and 2020 showed a strong positive correlation and the same was also true of COVID-19 cases and IGR 2020 (p = 0.001). The result of the t-test showed no significant difference (p > 0.05) between IGR 2019 and IGR 2020 quarter on quarter. Unique Contribution to Theory, Practice and Policy: The result supported two theories; The ‘Pecking Order Theory and Ability-To-Pay, Internally Generated Revenue focuses on funds derived within the state, just like internal financing to a firm. The internally generated revenue did not decline during the pandemic because taxes were paid since the majority were paid salaries during the pandemic and transactions were conducted online via platforms, more importantly, the Central Bank of Nigeria did not shut down so economic activities were not paralyzed but migrated to online. The study proved that in times of crisis, IGR may not be adversely affected if all the channels of generating income are available to taxpayers. This aids budget and planning during a crisis period, furthermore, the government will be able to plan and channel funds to areas of need accordingly. The result further supported the new model of working; people can work remotely and pay their taxes despite the lockdown.
目的:本文调查了COVID-19对尼日利亚西南部包括埃基蒂州、拉各斯州、奥贡州、翁多州和奥逊州、奥约州的国内创收(IGR)的影响。方法:作者从二手资料中获取数据;内创收入来源于国家统计局2019年和2020年年度出版物,新冠肺炎确诊病例来源于国家疾病控制中心。结果显示,IGR 2019与IGR 2020的配对相关性为强正相关,COVID-19病例与IGR 2020的配对相关性也为强正相关(p = 0.001)。t检验结果显示,IGR 2019与IGR 2020季度间无显著差异(p > 0.05)。对理论、实践和政策的独特贡献:结果支持两种理论;“优先顺序理论”和“支付能力”关注的是国家内部的资金来源,就像企业的内部融资一样。国内产生的收入在大流行期间没有下降,因为在大流行期间支付了大部分工资,因此支付了税款,并且通过平台在线进行交易,更重要的是,尼日利亚中央银行没有关闭,因此经济活动没有瘫痪,而是转移到网上。研究证明,在危机时期,如果纳税人能够获得所有创收渠道,IGR可能不会受到不利影响。这有助于在危机时期进行预算和规划,此外,政府将能够相应地规划和引导资金流向需要的地区。研究结果进一步支持了新的工作模式;尽管封锁,人们仍然可以远程工作和纳税。
{"title":"THE IMPACT OF COVID-19 ON INTERNALLY GENERATED REVENUE OF SOUTH-WEST NIGERIA","authors":"Mercy Femi-Olagundoye, O. Olagundoye","doi":"10.47604/ijfa.1666","DOIUrl":"https://doi.org/10.47604/ijfa.1666","url":null,"abstract":"Purpose: the paper investigated the impact of COVID-19 on the Internally Generated Revenue (IGR) of southwest Nigeria comprising Ekiti state, Lagos state, Ogun state, Ondo State, and Osun state, Oyo state. \u0000Methodology: the authors sourced data from secondary sources; the Internally Generated Revenue was obtained from the annual publication of the National Bureau of Statistics covering 2019 and 2020 and the COVID-19 confirmed cases were obtained from National Disease Control Centre. \u0000Findings: The result showed that paired correlation of IGR 2019 and 2020 showed a strong positive correlation and the same was also true of COVID-19 cases and IGR 2020 (p = 0.001). The result of the t-test showed no significant difference (p > 0.05) between IGR 2019 and IGR 2020 quarter on quarter. \u0000Unique Contribution to Theory, Practice and Policy: The result supported two theories; The ‘Pecking Order Theory and Ability-To-Pay, Internally Generated Revenue focuses on funds derived within the state, just like internal financing to a firm. The internally generated revenue did not decline during the pandemic because taxes were paid since the majority were paid salaries during the pandemic and transactions were conducted online via platforms, more importantly, the Central Bank of Nigeria did not shut down so economic activities were not paralyzed but migrated to online. The study proved that in times of crisis, IGR may not be adversely affected if all the channels of generating income are available to taxpayers. This aids budget and planning during a crisis period, furthermore, the government will be able to plan and channel funds to areas of need accordingly. The result further supported the new model of working; people can work remotely and pay their taxes despite the lockdown.","PeriodicalId":53549,"journal":{"name":"International Journal of Banking, Accounting and Finance","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78417994","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}
引用次数: 0
期刊
International Journal of Banking, Accounting and Finance
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:604180095
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1