Current Issue : April - June Volume : 2020 Issue Number : 2 Articles : 5 Articles
Background: In their quest to address poverty and uneven income and\nwealth distribution often attributed to low economic growth performance\nand low labour returns amongst others, the governments of the developing\ncountries through their respective central banks came up with the microfinance\npolicies. In Nigeria, the central bank came up with a policy in 2004,\nwhich aims to give micro, small and medium enterprises access to informal\nfinancial services to boost their capacity towards economic growth and development.\nWhile this policy has reduced the level of poverty among the\nlow-income populace, the operations of the microfinance institutions are receiving\nincreasing threats from the beneficiaries, especially loan default,\nwhich is often as a result to multiple borrowing. Methods: A cross-sectional\nstudy using a mixed method approach was adopted for the study. The questionnaires\nwere distributed to eligible persons and the responses analysed using\nSPSS version 24 and a simple Microsoft Excel. The respondents were\nclients from three randomly selected microfinance institutions in Yola, Adamawa\nState, Nigeria. Results: The outcome of this study has shown that while\nabout 66% multiple borrowing incidences from various microfinance institutions\nwere very high, 91.43% and 77.14% of the respondents believed that\nmultiple borrowing and loan default, respectively, could be prevented\nthrough the use of a common database. Conclusion: It is recommended that\nmicrofinance banks and institutions should invest in implementing a common\ndatabase for managing client requirements and minimizing concurrent\nborrowing and loan defaults....
Banks are general means of institutions that deal with money. They provide\nfinancial resources for the development of the nation. They collect deposits\nfrom the people and lend these resources to people who demand investment.\nThis study aims to evaluate and compare cash flows of selected two commercial\nbanks. It helps to find out sources and uses of cash to analyze cash flow\nperformance of Himalayan Bank and Global IME Bank limited. Cash flow\nstatement is a statement which states the cash inflows and outflows of cash. A\nstatement of cash flow reports cash receipts and payments classified according\nto the major activities: operating, investing and financing during the period.\nIn this paper, a comparative study has been undertaken between two\nbanks Global IME Bank limited and Himalayan Bank Limited. This study has\nbeen carried out with analytical research design to analyze the cash flow of\ntwo banks. Secondary data were used in this study. The cash flow from operating,\ninvesting and financing activities is fluctuating trend. It is also found\nthat operating cash flow is positive and financing cash flow is negative in\nmost of the years. In comparison, the cash flow of HBL has more consistency\nthan GIBL. Both banks have positive Net cash flow except few years. Because\nof the conflict and political instability, the banking sector has also been\naffected. In banking industry, it seems that operating expenses are increasing\nyear by year. Therefore, commercial banks should pay good attention to the\nminimization of operating expenses as possible....
The issues of algorithmization of achieving the sustainable development goals\nof economics of developing countries of the world are considered. The place\nof the S. Baizakovâ??s model system is determined, which is compared to the\nFAO models for ensuring the productive safety of the world countries, proposed\nby the World Bank, as well as by the OECD management criteria system.\nThis study was financially supported by grant No. AP05131044 from the\nscientific and technical programs and projects of the Ministry of Education\nand Science of the Republic of Kazakhstan....
In recent years, the external Sino-US trade war has become increasingly\nfierce. Domestic Internet Finance has a strong impact on Chinese traditional\nBanking Industry, which has severely squeezed the business growth model of\ncommercial banks with interest rate differentials, making the domestic financial\nindustry increasingly competitive. The environment at home and abroad\nis becoming more and more complex, and the Chinese banking industry is\nfacing a severe transformation crisis and challenge. This paper analyzes the\nmarket value of Chinaâ??s listed commercial banks by arranging the data of\nChinaâ??s listed commercial banks, using descriptive analysis, correlation analysis\nand regression analysis, then studies the relationship between ownership\nstructure and market value of listed commercial banks in China from three\naspects: ownership concentration check-and-balance of ownership and separation\nof ownership and control. It is concluded that the shareholding ratio of\nstate-owned shares in Chinaâ??s listed commercial banks should be reduced,\nand social capital should be introduced. At the same time, the state should\nseek more control chain to strengthen the control over Chinese listed commercial\nbanks....
This paper takes 71 management accounting documents published in the\n2015-2017 mainstream journals as a sample, systematically combs, summarizes\nand reviews the management accounting research topics and research\nmethods. We find that the subject of management accounting research is increasingly\ndiversified, with performance evaluation and measurement, compensation\nand incentive research being the most popular. There are obvious\ndifferences in research methods at home and abroad. Among them, domestic\nresearch mainly focuses on data-based empirical analysis and normative research,\nwhile foreign literature research methods prefer experimental research\nmethods. I hope that the comparative analysis of the article can provide\nreference for the research and development of domestic management\naccounting....
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