Business source corporate, ulrichs web, cabells directory of publishing oppurtunities, proquest, index copernicus, ischolar database, indian citation indexici frequency. Pdf financial performance appraisal of selected companies in. Journal of small business and enterprise development. Ijfsm is a highly professional, fully refereed international journal publishing literature covering the broad area of financial services. Pdf in the current business world humans are considered as the success factor for. The role of financial management in the decisionmaking of business bakhit, g. International journal of productivity and performance.
The relationship between ceo gender, financial performance. The impact of inventory management practices on financial performance of sugar manufacturing firms in kenya. As with any financial institution, the biggest risk in bank is lending money and not getting it back. An empirical evidence from india kumar sanjay sawarni, sivasankaran narayanasamy, kanagaraj ayyalusamy.
International journal of business performance management ijbpm. This study measures the relationship between organizational performance and financial management practices like capital structure decision, dividend policy, investment appraisal techniques, working capital management and financial performance assessment in pakistani corporate sector. Open access free for readers, with article processing charges apc paid by authors or their institutions. Based upon the model of bsc introduced by kaplan and norton 2007 and consequently its application in the area of the human resources, a new tool hr scorecard for the management and measurement of the human capital was established. For many employees, this is perhaps one of the most meaningful consequences of a performance management system. The impact of management information system mis on the. The relationship between ceo gender, financial performance and financial management journal of business and economics research, vol. Current issue journal of business and financial affairs.
Ijferm is particularly interested in promoting research related to the development and implementation of new quantitative models leading to operational decision aids in finance. This study assessed the effect of integrated financial management information system on financial performance in kwale county government. Financial management is at the heart of running a successful business. The journal of business research applies theory developed from business research to actual business situations. Overview of performance fiscal year ended march 31 billions of yen 20 2012 increase decrease net sales gross profit operating income ordinary income income before income taxes and minority interests net income 8. International journal of business, humanities and technology vol. Part of the entrepreneurial and small business operations commons. Strategic business performance management on the base of. International journal of scientific and research publications, volume 5, issue 4, april 2015 1 issn 2250 3153. Kca journal of business management kjbm is a peer refereed academic journal published by kca university, nairobi, kenya.
The primary purpose of the jbm is to keep a record of the stateoftheart research and to promote study, research and improvement. It serves both academics and practitioners, with an emphasis on case studies, innovations and forensics. International journal of financial engineering and risk. Journal of academic and business ethics corporate governance and firms, page 1 corporate governance and firms financial performance sekhar muni amba new york institute of technology, bahrain abstract in the light of corporate financial scandals, there is an ever increasing attention on corporate governance issues. The study specifically assessed how financial performance in the county is affected by four modules in the system including ebudgeting module, eprocurement module, automated cash management module, and automated financial. This paper aims to investigate the impact of the efficiency of working capital management wcm on the performance of a sample of indian companies and explore how the.
Recognizing the intricate relationships between the many areas of business activity, jbr examines a wide variety of business decisions, processes and activities within the actual business setting. American journal of business education julyaugust 20. As outlined in the introductory article, we can picture financial management through the balance sheet, with the lefthand side representing decisions related to asset composition and the right side as those related to capital structure. Open journal of business and management, 2017, 5, 1140. This paper examines the linkage between working capital management and corporate performance for a sample of non financial uk companies. International journal of financial studies an open. Strategic management of business performance based on. Review and comparison of performance measurement systems. Hence it focuses on aspects like general management, financial management, human resource management, corporate governance, managerial economics and crm. The study of working capital management as a financial. Corporate governance is a concept that emerges as an effort to improve company performance through monitoring management performance and ensuring management accountability to stakeholders based on. Journal of business and management chapman university. Pdf an evaluation of financial performance of commercial.
Working capital management, firm performance and nature of business. Strategic approach to performance evaluation of a business entity. Sample of the study consisted of forty companies operating in pakistan. Impact of corporate governance on corporate financial. Pdf impact of performance management on the organisational. It focuses on the development of the best practices of management among financial service companies. Corporate governance and firms financial performance. Shortterm assets become part of working capital management. Procedia social and behavioral sciences journal 109, 165170.
The determinants of financial performance in the romanian. Journal of business and financial affairs open access. Performance management, performance measurement system, strategic performance measurement. Performance indicates how the management of an enterprise has been accomplishing.
Pdf the financial performance of an organization is influenced by several. The impact of inventory management practices on financial. International journal of business performance management. International journal of business performance management from.
It aims to provide an interactive and global discussion forum for academics, professionals and practitioners working and interested in research and practice of performance measurement and management. It affects every aspect, from managing cash flow and tracking business performance to developing plans that ensure that business owners can make the most of opportunities. Journal do not levies submissionpublication charges the international journal of financial management. One of the purposes of a performance management system is to make decisions about employees compensation e.
The conference and journal allow academicians and business professionals. The result of the study shows that a performance management system acts as a strategic tool and a powerful foundation for the employees to achieve their ambitions and organizations to achieve their key financial goals. Performance management edinburgh business school 19. Pillay engineering college nagapattinam611002 south india. Strategic performance management system and corporate. Organizational financial performance semantic scholar. In contrast to previous studies, the findings provide strong support for an inverted ushaped relation between investment in working capital and firm performance, which implies the existence of an optimal level of investment in. The impact of management information system mis on the performance of business organization in nigeria international journal of managerial studies and research ijmsr page 78 comprehensive, accessible, flexible and useable at all appropriate levels of. Academy of entrepreneurship journal, volume 16, number 1, 2010. M50 introduction in the current business world humans are considered as the success factor for any business. This guide highlights how financial management can help your business, and how to make sure.
Iosr journal of business and management iosrjbm eissn. This readership is 10 times more when compared to other subscription journals source. The financial evaluation performance has a big importance in world of economy and it was what the studies of accounting and administration focused greatly on. Corporate governance practices are the process and structures used to direct and manage business affairs of the company towards enhancing prosperity and corporate accounting with the ultimate objective of realizing shareholders longterm value while.
Nevertheless, there is no consensus on what constitutes a valid set of performance criteria ostroff and schmidt, 1993. Journal of risk and financial management open access journal journal of risk and financial management issn 19118074. International journal of financial management volumes and. Profitability, defined as proxy of financial performance, is one of the main objectives of insurance. Strategic performance measurement systems spms are being used in a wide. Financial management and financial performance of firms listed under manufacturing and allied sector at the nairobi securities exchange, kenya targe organized way for the firms in the manufacturing and 1. Analysis of business performance and financial position 1 business performance analysis 1. This study discussed the role of financial management in the decisionmaking in enterprises applying. Financial management practices and their impact on. We recommend that enterprises apply the selected methods and models of strategic business performance.
The editors of jbfa invite submissions of original papers addressing topical research questions with capital market implications and related to any of the following areas. Results showed the enterprises performed favorably in liquidity, activity and leverage but suffered from a lowlevel profitability. Impact of performance management on the organisational. The journal of multinational financial management does not charge any fee for original submissions or articles received from other elsevier finance journals participating to the article transfer system. The role of financial management in the decisionmaking of. A number of foreign authors and their research results bring much knowledge in a field of business performance. An evaluation of financial performance of commercial banks article pdf available in international journal of applied business and economic research 1522. Journal of risk and financial management an open access. The objectives of the ijbpm are to develop, promote and coordinate the practice of business performance management. Financial performance appraisal of selected companies in jordan. For this reason reputed business firms are trying to.
Balanced scorecard financial measurement of organizational performance. Working capital management, corporate performance, and. Asian journal of business and management sciences issn. The study analyzed the financial performance of selected micro, small, and medium enterprises using secondary data from financial statements for the past three years. The journal focuses on a wide spectrum of research fields in the all major and relatively peripheral fields of research related to business and management.
Formulate the criteria for performance evaluation of a small business entity based on its business. Introduction and background the ultimate goal of financial management is to maximize the financial wealth of the business owners myers, 2010. Financial management and business success a guide for. This paper synthesizes three major streams of thought in strategic management with the empirical and theoretical literature on strategic marketing to develop an integrative theorybased conceptual framework linking marketing with firms business performance. The best indicators of the financial performance are return on assets, sales, equity and other financial variables. Dahiru department of accountancy,university of maiduguri nigeria abstract. For these purposes, a conceptual framework based on the content analysis of the previous studies was developed. International journal of financial services management. The mission of the journal is to advance research, scholarship, development of theory and practice in various disciplines of business and management. The financial reports which are prepared in the company is considered as an important tool to evaluate the financial performance where analyzing. Sound credit management is a prerequisite for a financial institutions stability and continuing profitability, while deteriorating credit quality is the most frequent cause of poor financial performance and condition.
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