scholarly journals EFFECT OF CASH MANAGEMENT AUTOMATION ON FINANCIAL MANAGEMENT IN MERU COUNTY GOVERNMENT

2019 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Bonface Mutuma Mugambi ◽  
Dr. Paul Gichohi ◽  
Mrs Susan Kambura
Keyword(s):  
Service Delivery ◽  
Technology Acceptance ◽  
Financial Management ◽  
Best Practice ◽  
Management Practices ◽  
Good Governance ◽  
County Government ◽  
Cash Management ◽  
Validity And Reliability ◽  
Automation Systems

Purpose The main purpose of the study was to find out if ICT adoption has a significant effect on financial management in the Meru County Government. Effective public financial management has attracted attention of many scholars in identifying the best practice and how to install fiscal disciplines. In search of good governance and sound financial management, the World Bank has been at the forefront in championing this aspect. Lack of effective financial management practices hinders effective service delivery.  Methodology: Technology Acceptance Model (TAM) theory is one of the models used to explain how technology is accepted by users. Descriptive survey research design study was used. The population for this study composed of the Meru county government staff. The sample size was 70 respondents in total, a questionnaire was used as the research tool whose validity and reliability was measured accordingly. Mean and regression analysis was computed when analyzing data.Results: The findings established that Cash management automation enables county leadership to understand the true cost of service delivered by the county per activity; that Through Cash management automation, the county finance department is able to reconcile transactions data in real-timeOn Cash management automation the study concludes that successful cash management automation in any institution is essential due to difficulties that come with accessing credits whenever an organization is facing liquidity several constraints.Unique contribution to theory, policy and practice: From the findings on cash management automation the study recommends that automation systems should be fully implemented as it increases cash management. For Meru county Government to realize growth, investment in technology should be made in order to enhance service delivery and transparency in cash management.

Management of Local Authority Records at Zvishavane Town Council

2021 ◽  
pp. 293-309
Author(s):  
Alex Sibanda ◽  
Edward Mupfururi
Keyword(s):  
Best Practice ◽  
Management Practices ◽  
Ad Hoc ◽  
Local Authority ◽  
Good Governance ◽  
Management Practice ◽  
Records Management ◽  
Design Data ◽  
Town Council ◽  
Midlands Province

This study evaluated records management practices at a local authority in Zimbabwe, with reference to Zvishavane Town Council in the South Midlands province of Zimbabwe. The purpose of the study was to establish the records management practice to expose the bedevil and recommend the best practice. To achieve the purpose of the study, qualitative research methodology was used through a case study design. Data was collected using interviews, document analysis, and direct observations. The findings of the study revealed that Zvishavane Town Council was practicing records management without a standard written down policy of records management. This led to an ad hoc system of practice in terms of good governance, accountability, and transparency in managing council records. The study recommends that records management at this council be done using a well-documented records management policy.

scholarly journals Cash management strategies and firm financial performance

2020 ◽  
Vol 2 (2) ◽  
pp. 36-43
Author(s):  
Mustapher Faque
Keyword(s):  
Financial Performance ◽  
Financial Management ◽  
Management Practices ◽  
Management Strategies ◽  
Hybrid Approach ◽  
Cash Management ◽  
Firm Financial Performance ◽  
Transaction Model ◽  
Asset Portfolio ◽  
Precautionary Measures

Cash(liquidity) management is at the heart of a firm’s financial management. It is a silver lining between the bankruptcy and the success story of a company. Therefore, this study intends to contribute some insights into cash management practices and how firms can use them to achieve sound financial performance. This study provides a comprehensive literature review on existing theories and cash management practices that are useful in decision making. After the analysis of the available literature, the study highlights important theories including tradeoff theory (TOT), transaction model, precautionary measures, financial hierarchy, and cash flow theory. Furthermore, management practices such as stochastic cash management model, speeding up cash collections, centralization & decentralization of management, asset portfolio diversification, and cash disbursement are discussed.  The study suggests that a sound financial performance can be achieved through a hybrid approach and through adaptation and embracing innovations in cash management systems.

scholarly journals Monitoring and Evaluation: Civil Society Organisations’ Competitive Edge in Effective Poverty Alleviation

2003 ◽  
Vol 42 (4II) ◽  
pp. 909-924
Author(s):  
Khadija Khan ◽  
Arshad Waheed ◽  
Saadia Iqbal
Keyword(s):  
Civil Society ◽  
Financial Management ◽  
Management Practices ◽  
Good Governance ◽  
Monitoring And Evaluation ◽  
International Standards ◽  
Corporate Management ◽  
Civil Society Organisations ◽  
Community Organisation ◽  
The Government

The role of Civil Society Organisations as preferred partners in development is strongly emerging across the globe. Among many reasons, one is reasonably good governance. The social sector has shown the acumen to learn and apply corporate management practices and international standards fast enough to start leading the competition. Notwithstanding the fact that a large part of development funding under soft loans and grants is channeled to the government, the CSOs receive a significant share directly and indirectly to implement development projects in communities. It has opened tremendous opportunities for CSOs to experiment and evolve new approaches in project management, community organisation, service delivery, product development, resource mobilisation and financial management. What makes the civil society organisations different from the public sector organisations? Fundamentally two things; these are non-governmental and nonprofit. However, the real difference is in the way civil society organisations are managed. It includes leadership, commitment, professionalism, systems and practices, thrust of work and most of all performance.

scholarly journals Financial Management Practices And Profitability of Small Scale Enterprises Uganda, A Case of Kabale Municipality

2021 ◽  
Author(s):  
Marus Eton ◽  
Fabian Mwosi ◽  
Eliab Byamukama Mpora ◽  
Bernard Patrick Ogwel
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Personal Characteristics ◽  
Production Costs ◽  
Small Scale ◽  
Cash Management ◽  
Working Capital ◽  
Linear Effect ◽  
Managerial Efficiency ◽  
Efficiency Theory

Abstract The purpose of the study was to examine how financial Management Practices affect profitability amongst small scale enterprises. The study adopted descriptive and correlational research designs. The study used a multi regression analysis that determined the linear effect of financial management practices on profitability. A multi regression model also provided a basis for hypothesis testing. The findings established a significant influence of financial management practices on profitability. Evidence showed that working capital and cash management practices had strong associations with profitability. This study also established a triad-factor that limits profitability, characterizing operational costs, microeconomic, and personal characteristics. This study provided empirical evidence on the contribution of the innovation theory and managerial efficiency theory of profits to management of operational and production costs in business. The study recommends that Small business firms should ensure sound financial management practices in order to experience positive changes in their profitability levels. Small scale enterprise owners must pay a lot of attention to their working capital dynamics, cash management which highly affect their profitability levels. Small scale entrepreneurs should hire professionals and experts in financial management.

scholarly journals HUMAN RESOURCE MANAGEMENT PRACTICES AND THEIR INFLUENCE ON SERVICE DELIVERY AMONG THE STATE CORPORATIONS IN KENYA

2021 ◽  
Vol 9 (04) ◽  
pp. 412-426
Author(s):  
Damaris a ◽  
Gesare Monari
Keyword(s):  
Resource Management ◽  
Service Delivery ◽  
Human Resource Management ◽  
Human Resource ◽  
Management Practices ◽  
The State ◽  
Analysis Tool ◽  
Validity And Reliability ◽  
Human Resource Management Practices ◽  
Reward And Recognition

The study focused on the utilization of human resource management practices in enhancing service delivery among state corporations in Kenya. Critique of existing literature on the human resource management practices revealed that only few studies have focused on the relationship between human resource management practices and service delivery. This study, therefore, was guided by two variables namely: reward and recognition programs and HR audits as human resource management practices and their influence on service delivery in State Corporations in Kenya. The study adopted a descriptive survey research design to gather data from the sampled respondents of the state corporations. Stratified random sampling was applied to select respondents from the state corporations to participate in the study. Information was gathered by use of questionnaires which were subjected to a pre-test to ensure both validity and reliability. Data analysis was done using both descriptive and inferential statistics with the aid of analysis tool statistical package for social Sciences (SPSS). The study found that reward and recognition programs have a positive influence on service delivery among state corporations in Kenya. Further, HR audit practices were found to have a significant positive effect on service delivery. The implication is that adoption of these hrpractices can drive service delivery in state corporations.Itis, therefore, recommended that state corporations in Kenya put in place appropriate reward and recognition programs and periodically carry out HR audits since they significantly influence service delivery.

scholarly journals ORGANIZATIONAL CULTURE AND STRUCTURE AS DETERMINANTS OF SERVICE DELIVERY IN THE COUNTY GOVERNMENT OF KITUI

2021 ◽  
Vol 6 (1) ◽  
pp. 73-88
Author(s):  
Japheth Mbiti ◽  
Sedina Misango
Keyword(s):  
Organizational Culture ◽  
Service Delivery ◽  
Organizational Structure ◽  
Cultural Practices ◽  
Good Governance ◽  
Simple Random Sampling ◽  
Early Years ◽  
Primary Data ◽  
County Government ◽  
Unique Contribution

Purpose: In early years of the 21st Century, Kenya started a journey of developing a new constitution which established the devolved system of government to improve on governance gaps. Since the introduction of devolution, County governments have introduced new organizational culture and structures which assist in service delivery. Consequent to this development, the objective of the study was to determine the influence of organizational culture and structure on service delivery in the County Government of Kitui and specific objectives of the study were to establish the influence of organizational culture and organizational structure on service delivery in the County Government of Kitui. Methodology: The study adopted a descriptive research design and made use of a sample size by use of both stratified random and simple random sampling methods to establish the study sample. For effective data collection, the study was based on primary data which was both qualitative and quantitative. The data was collected through questionnaires and analyzed using Statistical Package for Social Science (SPSS) version 22.The analysis involved descriptive and inferential statistics. Data was presented in form of frequency tables for easy interpretation. Regression analysis was employed to establish the relationship between the variables. Results: The study established that organizational structure and organizational culture have significant effect on the Kitui county residence service delivery. The study concludes that the County government has implemented the constitutional structure and adopted a beneficial culture which ensures good planning procedures for effective service delivery. Unique contribution to theory, practice and policy: The study recommends that the County management should embrace good governance and promote the available cultural practices and that the structure be made shorter to empower junior officers with more authority and responsibilities.

scholarly journals CASH WAQF INVESTMENT AND POVERTY ALLEVIATION: CASE OF TABUNG MASJIDS IN MALAYSIA

2019 ◽  
Vol 4 (2) ◽  
pp. 333-346
Author(s):  
Rashedul Hasan ◽  
M. Kabir Hassan ◽  
Mamunur Rashid
Keyword(s):  
Financial Management ◽  
Poverty Alleviation ◽  
Structural Equation ◽  
Management Practices ◽  
Negative Relationship ◽  
Vital Role ◽  
Sem Analysis ◽  
Validity And Reliability ◽  
Positive Role ◽  
The Impact

Recent investigations of the financial management practices of mosques in Indonesia have influenced this study, which investigates the ability of mosques in Malaysia to invest cash waqf for development activities. The impact of cash waqf investment is further extended to study the importance of such cash waqf donations toward poverty alleviation. 100 mosques in Melaka and Terengganu are selected for the purpose of conducting a survey using a self-developed questionnaire. Data collected from the survey are tested for their validity and reliability before conducting Structural Equation Modelling (SEM) analysis using Smart PLS 3.0. This study finds that cash waqf donation plays a positive role in increasing the ability of the selected states to alleviate poverty. The negative relationship between cash waqf investment and donation raises the need for a rigorous analysis. A conceptual model integrating cash waqf investment, donation, and poverty alleviation is provided in this study, which is the first of its kind. The results provided by the study will allow regulators and mosque fund managers to understand the significance of cash waqf donations and the importance of effective cash waqf management. Efficient investment of cash waqf can ensure sustainable and perpetual income that will allow a mosque to play a vital role in improving the living standards of the Muslim Ummah. The findings of the study cannot be generalized for all states in Malaysia due to the limitation of purposive sampling.

scholarly journals Cash management strategies and firm financial performance

2022 ◽  
Vol 3 (4) ◽  
pp. 23-30
Author(s):  
Mustapher Faque
Keyword(s):  
Financial Performance ◽  
Financial Management ◽  
Management Practices ◽  
Management Strategies ◽  
Hybrid Approach ◽  
Cash Management ◽  
Firm Financial Performance ◽  
Transaction Model ◽  
Asset Portfolio ◽  
Precautionary Measures

Cash(liquidity) management is at the heart of a firm’s financial management. It is a silver lining between the bankruptcy and the success story of a company. Therefore, this study intends to contribute some insights into cash management practices and how firms can use them to achieve sound financial performance. This study provides a comprehensive literature review on existing theories and cash management practices that are useful in decision making. After the analysis of the available literature, the study highlights important theories including trade-off theory (TOT), transaction model, precautionary measures, financial hierarchy, and cash flow theory. Furthermore, management practices such as stochastic cash management model, speeding up cash collections, centralization & decentralization of management, asset portfolio diversification, and cash disbursement are discussed.  The study suggests that a sound financial performance can be achieved through a hybrid approach and through adaptation and embracing innovations in cash management systems.

scholarly journals Tata Kelola Dana Desa dalam Rangka Implementasi Undang–Undang Nomor 6 Tahun 2014 Tentang Desa di Kecamatan Krian Kabupaten Sidoarjo

2019 ◽  
Vol 5 (1) ◽  
pp. 23
Author(s):  
Achmad Fauzi
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Science Studies ◽  
Good Governance ◽  
Research Approach ◽  
Legal Anthropology ◽  
Legal Research ◽  
Comparative Linguistics ◽  
The Social ◽  
The Village

The village is a collection of people who live together or a region, which has a government organization with a set of rules that you define yourself, and under the leadership of the village were selected and assigned its own. Since the enactment of Law No. 6 of 2014 on Village hereinafter called the Village Law. In the course of this village there is a translation of the Act detailing government regulations on the management of village finances. Of PP 43 in 2014 and converted into PP 47 2015 and of PP PP 60 in 2014 to 8 in 2016, there are some things that lead to the necessity of adjusting the legal basis on the village's financial management practices. The problems of this research focuses on the mechanism of channeling funds Krian village in the district of Sidoarjo regency and use of village funds to realize good governance in Sidoarjo. And finally, this study aims to Analyze fund disbursement mechanism villages to villages in Sidoarjo and analyze procedures and the implementation of the use of funds village in Sidoarjo. The method used in this study is a socio legal research approach jurisprudence which use the social sciences, by applying social science perspective to the study of law. Including legal sociology, legal anthropology, legal history, psychology and law, political science studies judiciary, comparative linguistics, as well as other scientific. Legal research is performed to find a solution to the legal issues that arise. The results to be achieved is to provide a prescription of what should be.

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