ABSTRACT The aim of this thesis is to review the investment policy of the banking sector and the ease of SME access to bank finance. Secondly, to determine the extent to which bank finance contributes to the success of SMEs. This study used both qualitative and quantitative methods. In order to test the extent to which bank finance contributes to the success of SMEs the study used the Ordinary Least Square (OLS) regression method to analyze cross-sectional data. Whereas under qualitative met...
ABSTRACT The study focused on factors which encumber SMEs from acquiring financial resources from financial institutions and banks in Namibia. The major objectives of the study were to critically evaluate the status of SMEs in Namibia regarding access to formal credit facilities. The study also sought to document the difficulties that SMEs have in accessing finances and assess the financial gap that exists between fund providers and SMEs and how it can be narrowed. The analysis provided an e...
ABSTRACT This study provided comprehensive details and assessment on the economic effects of antimoney laundering in Namibia. The mixed method was used to describe and analyse money laundering and financing terrorism in Namibia. The study also used a regression model to analyse the effect of money laundering on the economy. The topic is vital with regards to the main findings that revealed that money-laundered negatively affects economic growth. Corruption and tax evasion were identified as ...
ABSTRACT The study sought to establish the accounting practices utilized by the SMEs, the motivation for and against the utilization of these practices and whether the utilization of accounting practices of interest have performance implications for SMEs with same magnitude. The study adopted a survey research approach to achieve the three study objectives. The study also adopted purposive sampling method to get 90 SMEs who participated in the study. The study utilized correlation mean and s...
ABSTRACT Management of working capital which aims at maintaining an optimal balance between each of the working capital components, cash, receivables, inventory and payables is a fundamental part of the overall strategy to create value and competitive advantage in businesses. The study focused on effects of the working capital practices utilized by the SMEs on the growth. The study employed a quantitative research design approach to achieve its objectives. A sample of 94 SMEs was studied. In...
ABSTRACT Internal auditors are indispensable professionals for the effective risk management within every organisation. Therefore, the purpose of this study was to evaluate the functions of internal audit and its ultimate impact in ensuring effective risk management in Commercial banks in Ghana. Descriptive research was carried out using both qualitative and quantitative methods of research through the administration of questionnaire. A sample size of 45 internal auditors was used for the stu...
ABSTRACT This study examined the impact of competition on tax avoidance activities among Nigerian Deposit Money Banks. Tax Revenue is essential for the growth and development of any economy. The objective of the study was to examine the effects of competition on tax avoidance and also determine the impact of managerial efficiency and non-performing loans on tax avoidance has on the Nigerian Deposit Money Banks. To achieve the objective, this study used panel regression model to analyse the da...
ABSTRACT The Cocoa sector contributes significantly to the economy of Ghana employing over a million people. The sector boasts of the sustenance of about six million people including marketing officers and purchasing clerks. Marketing officers and purchasing clerks constitute important individuals who act as agents of Licensed Buying Companies (LBCs). These licensed buying companies purchase cocoa bean from cocoa farmers through purchasing clerks and marketing officers to be sold to COCOBOD. ...
ABSTRACT This study investigates the relationship between Working Capital Management (WCM) determinants and financial distress level of the listed manufacturing companies in Ghana. This research used evidence from financial report of ten manufacturing organizations selected from the main board of the Ghana Stock exchange. Quantitative research approach involving panel least square estimates with white cross section were used for analysis. Descriptive statistical analysis including regressio...
ABSTRACT Proper financial management is essential for business survival because firm’s inability to identify and implement relevant financial management practices can affect its performance. This study examines financial management practices and their relationship with performance of small and medium enterprises (SMEs) in the Sekondi-Takoradi Metropolis. The financial management practices covered financial records keeping, asset management, receivables management, cash management, inventor...
ABSTRACT The study aimed generally to determine the scope of financial literacy and personal financing by people in the Cape Coast Metropolis. Under subscription of questionnaires led to 436 respondents from the cluster sampling method being used in the analysis. This allowed the determination of the various components and factors of financial literacy and personal finance. Factor analysis determined which indicators from various scenarios responded to, described the relationship between fin...
ABSTRACT The idea that the self-employed have high income tax non-compliance behaviour is longstanding in tax compliance literature. Inappropriate application of tax enforcement strategies has been identified as one of the principal reasons for the high incidence of income tax non-compliance among the self-employed. Determining which regulatory enforcement strategy will be most effective has been a difficult task for tax authorities. There has been a longstanding debate between those who bel...
ABSTRACT The study tends to enhance transparency, disclosure and comparability. It is evident that the implementation of IFRS reinforces stock market liquidity and leads to lower cost of capital and transaction costs, higher market value and better reputation. In view of the need to utilize accurate data for this research, primary data were obtained through a structured questionnaire to elicit responses from respondents to meet the requirements of this research. The data for the foregoing stu...
CHAPTER ONE1.0. BACKGROUND OF THE STUDYCredit management in our banking sector today has taken a different dimension from what it used to be. The banking industry has adopted a lot of strategies in checking credit management in order to stay in business. Thus the banking industry in Nigeria has lost large amount of money as a result of the turning source of credit exposure and taken interest rate position. Nigerian banks are being required in the market because of their competence t...
The study analyzed the use of accounting ratio to measure the financial performance of an organization. This study was undertaken majorly to analyze the impact of accounting ratio on the financial performance of an organization. Specific objectives of the study are: To measure the liquidity position of Unilever Nigeria Plc, to find out the profitability trend of the organization given its level of investment and turnover, to find out the level of gearing and investment ratios of the organizat...