Abstract: THE IMPACT OF ECONOMIC DOWNTURNS ON FINANCIAL MANAGEMENT PRACTICES
This study investigates the impact of economic downturns on financial management practices. Objectives include analyzing how economic downturns affect financial strategies, identifying adaptive practices that mitigate adverse impacts, and evaluating the long-term effects on financial stability. A survey research design is used to collect data from financial managers in various industries. Using Taro Yamane's formula, a sample size of 300 firms in Lagos, Nigeria, was chosen. The reliability coefficient score of the survey instrument is 0.87. Findings indicate that economic downturns significantly disrupt financial management practices, necessitating adaptive strategies such as cost reduction and liquidity management to maintain stability. Recommendations include developing robust contingency plans and flexible financial strategies to navigate economic uncertainties effectively.
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The study was carried out to investigate the influence of clothing consumption pattern of women on the family standard of living...
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Fish abundance and distribution of three water bodies namely Onah lake, Anwai river and River Niger at cable po...
Abstract: THE IMPACT OF TAX TREATIES ON INTERNATIONAL TAX PLANNING
This research examines the impact of tax treaties on international tax...
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The main focus of this study is to examine the effect of banditry on rural-urban migration usi...
The Prison system is one of the key components of Criminal Justice Administration as it the correctional institution where prisoners and convicts a...
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This research was an attempt to find out the impact of new communication technologies in Nigeria Broadcast medi...
Background of the Study
Federalism, according to K.C Wheare, is the method of dividing powers so that the central and re...
Abstract
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This research work ‘’The Effect of Financial Accounting reporting on the corporate per...
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The research profers an assessment of the impact of organizational structure on interpersonal relationshi...