IMPACT OF PUBLIC FINANCE MANAGEMENT REFORMS ON FINANCIAL PERFORMANCE OF PUBLIC ENTERPRISES
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
The emergence of financial management as a major contributor to the analysis of investment and financing decisions has continues to respond to external economic and technical developments. The improvements in the efficiency and regulation of financial markets, has provided a better basis of the development for financial theory and its practical application. This research work examine the impact of financial management strategies in the management of public enterprise with special reference to Nigeria National Petroleum Corporation (NNPC).The study used descriptive statistics such as frequency, percentages, mean and standard deviation to show the distribution of responses inferential statistics, regression in particular was used to show the relationship between the dependent and the independent variables. The study findings revealed that the respondents indicated that the credibility of the organizations budgets influenced the financial performance of the organization to a great extent. The findings further show that according to respondents, the comprehensiveness and transparency of the budget impacted the financial performance of the organization to a great extent. The results also show that the respondents indicated that the predictability and control in budget execution impacted the financial performance of the organization to a great extent. The results revealed that according to the respondents, the external scrutiny and audit influenced the financial performance of the organization to a great extent. The respondents further stated that the policy based budgeting in the organization influenced the financial performance of the organization to a very great extent. From the study findings, respondents indicate that both the accounting, recording and reporting and donor practices impacted the financial performance of the organization to a great extent. The study recommended that the government should expand the implementation in PFM reforms in other state corporation so as to enhance their financial performance, the effect of some variables such as comprehensiveness and transparency in the budget and external scrutiny and audit did not have a strong influence on the financial performance of the organization despite showing potential and the government should strengthen such factors as credibility of the budget, policy based budget and donor practices for sustainability of the profitability of the organizations.
Related Project Materials
ANALYSING BUILDING MATERIALS AND CONSTRUCTION METHODS AS A MEANS TO LOW INCOME HOUSING IN NIGERIA
EXCERPT FROM THE STUDY
Inexpensive housing can only be defined broadly since people's perceptions of what is affordable vary greatly...
THE ROLE OF COST ACCOUNTING IN THE AGRICULTURAL AND FOOD INDUSTRY
Abstract: THE ROLE OF COST ACCOUNTING IN THE AGRICULTURAL AND FOOD INDUSTRY
This study investigates the role of cost accounting in the ag...
UNIVERSITY BRANDING: IMPACTING FACTORS FOR USBOUND PROSPECTIVE NIGERIAN STUDENTS
ABSTRACT
Today, Nigeria is becoming an attractive market for international students and this trend is rapidly growing as a result of the...
ASSESSMENT OF ADVERTISING AS A SURVIVAL STRATEGY FOR MASS MEDIA ORGANIZATION
BACKGROUND OF THE STUDY
Nigeria Television Authority Enugu was established in the year 1960 by the Premier...
MARKETING COMMUNICATION'S IMPACT ON PRODUCT DEVELOPMENT
BACKGROUND STUDY
In any commercial organization, as well as other sorts of groups, communication is a c...
INFLUENCE OF EARLY CHILDHOOD EDUCATION ON DIETARY DIVERSITY
ABSTRACT: This study examines the influence of early childhood education on dietary diversity among young children. Early exposure to dietary...
THE DESIGN AND IMPLEMENTATION OF HOME OF GROCERIES TRADER APPLICATION
ABSTRACT
In this day and age the process of buying and selling of commodities are usually done not physically but virtually, with the cur...
CRITICAL ANALYSIS OF THE LEGAL AND INSTITUTIONAL FRAMEWORK FOR ISLAMIC BANKING IN NIGERIA
ABSTRACT
This study looks at legal and institutional framework for Islamic banking in Nigeria with a view to identifying the challenges i...
EFFECTIVE PROFIT PLANNING IN NIGERIAN ORGANISATIONS
STATEMENT OF THE PROBLEM
Hilton (1991:201) observed that both the market forces of demand and supply and the cost of pro...
COPYRIGHT EXEMPTION AND APPLICATION OF INFORMATION TECHNOLOGY AS FACTORS INFLUENCING TRANSCRIPTION OF READING MATERIALS FOR THE VISUALLY IMPAIRED IN NIGERIA
ABSTRACT
The transcription and distribution of reading materials to the visually impaired have remained grossly inadequate relative to th...
