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
THE IMPACT OF EARLY CHILDHOOD EDUCATION ON UNDERSTANDING POLLUTION
ABSTRACT: This study investigates the impact of early childhood education on young children's understanding of pollution. Educating childr...
IMPROVING PRODUCTIVITY AND PROFITABILITY OF SMALLHOLDER SHRIMP AQUACULTURE AND RELATED AGRIBUSINESS IN NIGERIA
ABSTRACT
In this study, our focus was to carryout a critical analysis on the methods of improving...
THE ROLE OF ENTREPRENEURIAL COMPETENCIES ON THE SUCCESS OF SME IN NIGERIA
ABSTRACT
The research aimed at examining the factors that may impact upon business success in the two municipals of Yena...
THE EFFECTS OF REGIONAL INTEGRATION ON ECONOMIC GROWTH IN ECOWAS COUNTRIES
ABSTRACT
This study examined the effects of regional integration on economic growth of ECOWAS member countries from 2010...
IMPACT OF PARTICIPATORY NON-FORMAL ENVIRONMENTAL EDUCATION PROGRAMME ON ADULT LEARNERS‟ ENVIRONMENTAL KNOWLEDGE, ATTITUDE AND PRACTICES IN OYO STATE, NIGERIA
ABSTRACT
Nigerian environment has been threatened as a result of human activities and natural disasters. This is worsened by the ignoranc...
UNDERGRADUATES PERCEPTION ON COURTSHIP AND IT’S INFLUENCE ON PRE-MARITAL SEX
Abstract
This study our focus on the undergraduates perception on courtship and it’s influence on pre-marital sex,...
EFFECTIVENESS OF LASTMA ON TRAFFIC MANAGEMENT
-
-
Background to the Study
-
Traffic management is the practice...
PRAGMATIC STUDY OF BOVI AND BASKETMOUTH
Background to the Study
The intricacies in language use have brought philosophers (first) and then linguists (lat...
ACADEMIC REPOSITORY EVALUATION AS A RESOURCE FOR EFFECTIVE STUDENT ACADEMIC WORK
BACKGROUND OF THE STUDY
Information managers may leverage the ever-evolving Internet platform and techn...
A CRITICAL DISCOURSE ANALYSIS OF PRINT MEDIA DEPICTIONS OF INSURGENT ACTIVITIES IN NIGERIA
ABSTRACT
It has been observed that studies on insurgency in Nigeria have in the most parts been anchored on politics, law, economy, the e...
