FACTORS AFFECTING THE FINANCIAL MANAGEMENT SYSTEMS EFFECTIVENESS: A SURVEY OF HEALTH ORIENTED CIVIL SOCIETY ORGANIZATIONS IN KENYA

2017 ◽  
Vol 2 (2) ◽  
pp. 63
Author(s):  
Carolyne Wambui ◽  
Dr. Amos Njuguna

Purpose: The purpose of the study was to identify the factors affecting the financial management systems effectiveness in Kenyan health oriented civil society organizations.Materials and methods: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: The study results indicated that information technology management in Nongovernmental organizations are reliable and flexible enough to support the financial management of the organization. Additional results indicated that Nongovernmental organizations had invested in a management information system which had lowered administrative costs. The usage of IT led to efficient management of processes of budget accounting. The findings imply that information technology has significant positive effect on financial management system.Recommendations: The study provided recommendations to the NGOs and other organization that ICT development should be maximized fully in the organization especially if the objective is to improve efficiency and financial management systems effectiveness.  Human resource management must be fully functional in a company with continuous training of the staff to ensure up to date competences and increased knowledge in financial management. Further recommendations to the organization is to ensure that financial governance ought to be thorough throughout the company with sound rules and regulations that govern the accounting and financial sector of the organization. This will ensure timely and accurate disclosure of all financial matters regarding the corporation to the regulatory body thus showing the efficiency in financial management systems.

2016 ◽  
Vol 1 (1) ◽  
pp. 34-51
Author(s):  
Carolyne Wambui ◽  
Amos Njuguna

Purpose: The purpose of the study was to establish the extent to which human resource competency affects the financial management system effectiveness in health oriented civil society organizations.Methodology: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: Study results show that the majority of respondents agreed with the statement that managers empower their employees at the lowest hierarchy who must be competent to achieve the organizational goals and objectives.Unique contribution to theory, practice and policy: The study recommends that human resource management must be fully functional in a company with continuous training of the staff to ensure up to date competences and increased knowledge in financial management. 


2016 ◽  
Vol 1 (1) ◽  
pp. 52-67
Author(s):  
Carolyne Wambui ◽  
Amos Njuguna

Purpose: The purpose of this study was to to determine the extent to which financial governance affect financial management system effectiveness in health oriented civil society organizations. Methodology: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: Study results indicated that financial governance affects financial management systems effectiveness of NGO’s. The results are further supported by a majority of respondents who agreed that the NGO’s have a governing body that provides strategic direction and leadership.Unique contribution to theory, practice and policy: The study recommended that financial governance ought to be thorough throughout the company with sound rules and regulations that governs the accounting and financial sector of the company. This will ensure timely and accurate disclosure of all financial matters regarding the corporation to the regulatory body thus showing the efficiency in financial management systems. 


2016 ◽  
Vol 1 (1) ◽  
pp. 16-33
Author(s):  
Carolyne Wambui ◽  
Amos Njuguna

Purpose: The purpose of this study was to determine the extent to which Information and Communication technology affects the financial management system effectiveness in health oriented civil society organizations. Methodology: The study was conducted through a cross sectional descriptive survey. The target population of the study was 1065 Nongovernmental organizations in Kenya. The accessible population refers to the 606 Nongovernmental organizations located in Nairobi County. A sample of 10% equivalent to 61 Nongovernmental organizations was selected from the Nongovernmental organizations located in Nairobi County. The respondents were financial managers in every selected Nongovernmental organization. Data was collected by use of a questionnaire and was analyzed by use of inferential and descriptive statistics. Descriptive statistics included frequencies and means. Inferential statistics included correlation, regression and ANOVA analysis. The tool for data analysis was the Statistical Package for Social Sciences (SPSS) version 20. The results were presented using tables and pie charts.Results: The study results indicated that information technology management in non-governmental organizations are reliable and flexible enough to support the financial management of the organization. Additional results indicated that Nongovernmental organizations had invested in a management information system which had lowered administrative costs. The usage of IT led to efficient management of processes of budget accounting. The findings imply that information technology has significant positive effect on financial management systemUnique contribution to theory, practice and policy: The study provided recommendations to the NGOs and other organization that ICT development should be maximized fully in the organization especially if the objective is to improve efficiency and financial management systems effectiveness.


2011 ◽  
Vol 58-60 ◽  
pp. 359-363
Author(s):  
Ai Lin Zheng ◽  
Zhen Sheng Tao

Industrialization, information technology is a process of change of social capital. China's traditional social capital are mainly within the family, we must carry forward the expansion of traditional ethics and trust radius, The formation of the general trust in market economy, civil society organizations to promote the formation of modern social capital. Our government has an important role in formation of social capital.


2007 ◽  
Vol 41 (9) ◽  
pp. 1240-1265 ◽  
Author(s):  
Benjamin L. Read

Theories of civil society set high expectations for grassroots associations, claiming that they school citizens in democracy and constrain powerful institutions. But when do real-life organizations actually live up to this billing? Homeowner organizations in the United States and elsewhere have sparked debate among political scientists, criticized by some as nonparticipatory and harmful to the overall polity and defended by others as benign manifestations of local self-governance. With this as a backdrop, China's emerging homeowner groups are used as a testing ground for exploring variation in three criteria of performance: self-organization, participation, and the exercising of power. Comparisons are drawn cross-nationally, among 23 cases in four Chinese cities and over time within neighborhoods. The article puts forward several factors affecting the properties of grassroots groups, highlighting the role of conflict, the political—legal environment, and collective action problems in shaping the way they engage their members and take political action.


2017 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Kandia Dennis Ireri ◽  
Prof. Abraham Idowu

Purpose: This study investigated the effectiveness of information technology on the operations of SACCO’s within Nairobi.Methodology:The study used a descriptive research design. The target population consisted of various Sacco members of Sacco’s in Nairobi County. This study used a multistage sampling technique.  The data collection techniques involved document analysis and questionnaires. A pilot study was conducted on 10% (15 respondents) of the study sample size. The questionnaires were self-administered. Data was gathered, coded and recorded into Statistical Package for Social Science (SPSS) program. Through descriptive statistics, the researcher summarized data in a meaningful way by making calculations to determine percentage for the response to satisfactory factors of the respondents and helped analyze profiles of the SACCO.Results:Based on the findings of the study concluded that; the SACCO members perceived that the effectiveness of ATM system, effectiveness of asset loan management system, effectiveness of liability/saving management system and the effectiveness of financial management system influenced the operations of savings and credit cooperative societies.Policy recommendation:SACCOs should commit more resources into the adoption and maintenance of information technology systems since they influence their operations positively.SACCOs should increase the number of ATMs since their effectiveness affect their operations positively SACCOs should maintain their asset loan management systems so as to ensure that members can access loans whenever they are in need


2014 ◽  
Vol 39 (1) ◽  
pp. 47-57 ◽  
Author(s):  
B Segun Fakayode ◽  
A Olubunmi Omotesho ◽  
T Zainab Adebayo

Grain cereals are the food security staples of the poor masses around the globe. However, a significant proportion of these crops, especially cowpea are lost during storage. This is more so the case in Africa where postharvest losses due to the absence of efficient storage for cowpea is alarming: between 30-70 percent. This study, therefore, examined the adoption of improved cowpea storage practices/facilities by cowpea farmers and traders in Nigeria, using Kwara State as case study. The study specifically investigated factors affecting cowpea storage practices. For the study, 180 households involved in cowpea storage activities were selected across the study area and interviewed. Data analysis tools were the descriptive statistics and logistic regression tools. The descriptive statistics was employed to analyse the socio-economics and cowpea storage practices of respondents, while the logistic regression tool was used to identify factors affecting respondents’ likelihood to adopt popular improved cowpea storage technique ‘crib’ in the study area. The study results indicate that most of the respondents have not had any form of formal education. The common storage agro-chemicals used by the respondents were actellic liquid, actellic dust, and phostoxin. Crop storage practices identified in the study area were the traditional ones, involving the use of old drums, jute bags, earthen pots, gourds and rhumbus. The improved/modern storage practices identified comprised the use of cribs and a handful patronage of public silos. Logistic regression results showed that the perception of respondents about storage pest as threats to their crops, their household size, and credit availability variables are significant at 5 percent level, implying that these variables determine respondents’ likelihood to adopt the crib storage technique for their cowpea. However, the type of education whether formal or informal acquired by the respondents’ variable is insignificant and therefore, does not determine respondents’ likelihood to adopt the crib storage technique for their crops. Factor identified as constraints to efficient storage practices were inadequate credit facilities, high costs of and poor access to improved storage facilities. The study, therefore, concludes that there is an urgent need for the provision of credit facilities to cowpea farmers and grain traders alike, subsidy on improved storage facilities and ease of access to the improved storage facilities DOI: http://dx.doi.org/10.3329/bjar.v39i1.20079 Bangladesh J. Agril. Res. 39(1): 47-57, March 2014


2013 ◽  
Vol 55 (03) ◽  
pp. 69-92 ◽  
Author(s):  
Stephanie McNulty

Abstract As institutions are created to engage citizens and civil society organizations more directly, who participates, and what effect does participation have? This article explores two of Peru’s participatory institutions, the Regional Coordination Councils and the participatory budgets, created in 2002. Specifically it asks, once these institutions are set up, do organizations participate in them? and what effect does this participation have on the organizations? The data show that the participatory processes in Peru are including new voices in decisionmaking, but this inclusion has limits. Limited inclusion has, in turn, led to limited changes specifically in nongovernmental organizations. As a result, the democratizing potential of the participatory institutions is evident yet not fully realized.


Author(s):  
Iryna TKACHUK

The article discusses and generalizes the principles of creation, operation and financing of civil society organizations that are used and understood in international practice. Specialized legal acts regulating the activity of nongovernmental organizations in Ukraine have been analyzed to determine the principles of activity and financing of non-governmental organizations.Also, their compliance with the principles approved by the world-wide authoritative civil society organizations was investigated. It is revealed that not all national regulative acts contain the following principles. This situation creates significant difficulties for the activities of certain types of non-governmental organizations in Ukraine (including the formation and using of financial resources) and complicates the process of state control over civil society institutions. Thus, it is suggested to use a systematic approach, which should amend the regulations governing the activities of non-governmental organizations in Ukraine in order to remedy these shortcomings.


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