This study of credit management and performance among the selected corporate firms MTN
Uganda limited was carried out to examine credit management towards the performance of
corporate firms, with the objectives like (1) assessing the effectiveness of credit management
policies of corporate firms,(2) to analyze the motives of holding credit on performance by
corporate firms and finally (3) to find the important relationship between credit management
performance of corporate firms. Cross sectional research design was used to assess the
effectiveness of credit management policies of the firms. The sampling strategies that were
used are simple random sampling and purposive sampling to select respondents who
participated in the study. The sample was 3 5 respondents, where 5 were Administrators,5
managers,5 supervisors and 20 were other employees. Questionnaires as well as interview
was used to collect data from the respondents. Data was then organized according to
different themes processed and calculated in percentages then presented on frequencies on
different tables.
This study shows that there is a significant relationship between firms performance in terms
profitability. Some of the recommendations made in this study are; management need to be
cautious in setting up a credit policy that will not negatively affect performance and also they
need to know how credit policy affects the operation of their firms to ensure judicious
maximization of profits. Improper credit management reduces the firms performance hence
low profits which may eventually lead to financial distress. The study further, recommended
that MTN (U) Limited Products management should embrace a total credit management
philosophy that is , putting credit management at the heart of both business and strategy
development and the operational decision making .The company should actively consider
ways of shortening the credit operating cycle to make the company more generative. A cost
benefit analysis should be performed to determined whether it is worthwhile to employ more
resources, additional staff or new plant to speed up the production process and shorten the
credit operating cycle. The study recommends that further area of research should be finding
out the contribution of working capital towards performance.
Research, A. & , A (2021). Credit Management And Performance Of Selected Corporate Firms: A Case Study Of Mtn Uganda Limited. Afribary. Retrieved from https://afribary.com/works/credit-management-and-performance-of-selected-corporate-firms-a-case-study-of-mtn-uganda-limited
Research, AfroAsia, and ALADOBABRA "Credit Management And Performance Of Selected Corporate Firms: A Case Study Of Mtn Uganda Limited" Afribary. Afribary, 12 Jun. 2021, https://afribary.com/works/credit-management-and-performance-of-selected-corporate-firms-a-case-study-of-mtn-uganda-limited. Accessed 28 May. 2022.
Research, AfroAsia, and ALADOBABRA . "Credit Management And Performance Of Selected Corporate Firms: A Case Study Of Mtn Uganda Limited". Afribary, Afribary, 12 Jun. 2021. Web. 28 May. 2022. < https://afribary.com/works/credit-management-and-performance-of-selected-corporate-firms-a-case-study-of-mtn-uganda-limited >.
Research, AfroAsia and , ALADOBABRA . "Credit Management And Performance Of Selected Corporate Firms: A Case Study Of Mtn Uganda Limited" Afribary (2021). Accessed May 28, 2022. https://afribary.com/works/credit-management-and-performance-of-selected-corporate-firms-a-case-study-of-mtn-uganda-limited