The aim of the study was to develop a model that predicts financial failure of manufacturing companies in Zimbabwe using Altman Z-Score, Logistics Regression and Multivariate Discriminant Analysis. The research used a sample of nine (9) ZSE listed manufacturing companies over a four year period (2017-2020) using Multivariate Discriminant Analysis , logistics regression and Altman Z-Score methods. The findings from Multivariate Discriminant Analysis (MDA) show that Eleven (11) (64.7%) cases ...
ABSTRACT The economy of Nigeria has a strong external orientation. It is characterized by heavy dependence on the export of one or a few product. The products find markets in the developed countries where ironically there is a small control over the prices of the exports. As a result of this, the Nigerian economy is vulnerable to external shock. This calls for effective tools for managing the external sector. The main focus of this study has been to evaluate the effectiveness and appropriate...
ABSTRACT The economy of Nigeria has a strong external orientation. It is characterized by heavy dependence on the export of one or a few product. The products find markets in the developed countries where ironically there is a small control over the prices of the exports. As a result of this, the Nigerian economy is vulnerable to external shock. This calls for effective tools for managing the external sector. The main focus of this study has been to evaluate the effectiveness a...
ABSTRACT The study is an investigation into the impact of monetary policy measures on bank credit, covering the period, 1980 – 2003. Specifically, we examined the influence of each of the following instruments namely, liquidity ratio, interest rate, cash reserve requirement, minimum rediscount rate and treasury bill on bank credit. Two major statistical tools were adopted, while a time-series analysis was conducted to observe the movement of these named variables as against the m...