BibTex RIS Kaynak Göster

The Impact of Financial Management Practices on Growth and Development of Micro and Small Enterprise. The Case of Addis Ketema Sub-City, Addis Ababa, Ethiopia

Yıl 2019, Cilt: 7 Sayı: 2, 33 - 50, 01.01.2019

Öz

According to the studies, lack of finance is the most dominant constraint of MSEs in developing countries. Hence, management of financial resource is critical for small business development. This study aimed in assessing the impact of financial management practice on growth and development of MSEs. Survey data was obtained from 146 MSE owners through questioner. Sample units were selected using convenience sampling method. Once data is collected, a Descriptive and Explanatory method of data analysis was implemented. Accordingly, despite strong relationship found between financial management and growth & development, poor financial management practice which strongly affect performance of MSEs was observed

Kaynakça

  • Abdulah Al Rubaish (2010), On the Contribution of Student Experience Survey RegardingQuality Management in Higher Education: An Institutional Study in Saudi Arabia, J. Service Science & Management, 2010, 3, 464-469.
  • Addis Ababa City Administration Micro and Small Enterprise Development Agency. (AACMSEDA) (2015). ‘Inception Report on Micro and Small Enterprise Development in
  • Addis Ababa’, Unpublished Report. Available At: Http://Www.Aamicrosmall.Gov.Et/Index.Php/En/Documentation. (Accessed September 2017).
  • Alwadaei, S.A. (2010). Employee’s perception of, and satisfaction, of performance appraisal:a case of electricity and water authority (EWA) in Kingdom Of Bahrain .Unpublished Research Report. Kuala Lumpur: Open University Malaysia.
  • Carl L. And Donald C., (1998). The Dynamics of Micro and Small Enterprise, 1st
  • Edition Mc Grow Hill London. (134-136).
  • Gebrehiwot Ageba And Wolday Amha (2006). Micro and Small Enterprises Finance inEthiopia: Empirical Evidence, Eastern Africa Social Science Research Review, Michigan State University, Volume 22, Number 1, Jan., Pp. 63-86
  • Gashahun, E. (2004). The Impact of Gender on Financing of Small Enterprises. Addis Ababa, Ethiopia.
  • Gaskill, L. R., Van Auken, H. E., (1993). A Factor Analytic Study of The Perceived Causes Of Small Business Failure. Journal of Small Business Management, 31(4): 18-31.
  • Helmsing, A. And Kolstee, T. (1993). Small Enterprises and Challenging Policies:Structural Adjustment, Financial Policy and Assistance Programmes in Africa. Intermediate Technology Publications, London.
  • Howard, B. & Upton, M. (1953). Introduction to Business Finance. USA: Mcgraw-Hill Inc.
  • Howard M. Armitage, Alan Webb, John Glynn 2016, The Use of Management Accounting Techniques by Small and Medium-Sized Enterprises: A Field Study of Canadian And Australian Practice, Accounting Perspectives / Perspectives Compatibles, Ap Vol. 15 No. 1 — Pc Vol. 15, No 1
  • Irena Jindrichovska 2013, Financial Management in SMEs, European Research Studies, Volume Xvi, Special Issue on SMEs, 2013
  • Kothari C.R. (2004). Research Methodology Methods and Techniques, 2nd Revised Edition, New Age International Publishers, New Delhi. (35-39)
  • Köklü, N., Büyüköztürk, Ş. & Çokluk-Bökeoğlu, Ö. (2006). Sosyal bilimler için istatistik. Ankara: Pegem Akademi.
  • Parris, S. R., Fisher, D. & Headley, K. (2009). Adloescent literacy: Field tested effective solutions for every classroom. Newark: International Reading Assocation.
  • McMahon, R. G. P and Stanger, A. M. (1995), "Understanding the Small Enterprise Financial objective Function", Entrepreneurship Theory and Practice, Summer, 2134.
  • McMahon R.G.P, Holmes S., (1991). “Small Business Financial Management PracticesTheory and Practice, Harcourt Brace, Sydney P. 19-29.
  • McMahon, R. G.P. And Holmes S. (1991), “Small Business Financial Management Practices In North America: A Literature Review,” Journal of Small Business Management 29(2):19- 029.
  • Osisioma, B.C. (2010), “Global Financial Crisis: Impact on The Changing Face of Accountancy Profession” Frontier Lecture Series 1. Nnamdi Azikiwe University Awka.
  • Cited from Dr. (Mrs) Regina G. Okafor, (2012). Financial Management Practices of Small Firms In Nigeria: Emerging Tasks For The Accountant, European Journal Of Business And Management, Vol 4, No.19, Department Of Accountancy, University Of Nigeria, Enugu Campus: P. 159
  • Regina G. Okafor 2012, Financial Management Practices of Small Firms In Nigeria: Emerging Tasks For The Accountant European Journal Of Business And Management, Vol 4, No.19, 2012, ISSN 2222-1905 (Paper) ISSN 2222-2839 (Accessible Online At www.Iiste.Org)
  • Solomon Terfasa Dinka 2017, Assessment of Financial Management Practices: A Case Study on Small Businesses in Sokoru District, Ethiopia, Research Journal Of Finance And Accounting, Vol.8, No.19, 2017 ISSN 2222-1697 (Paper) ISSN 2222-2847 (Available Online At: www.Iiste.Org)
  • Svetlana Saksonova & Svetlana Savina 2016, Financial Management as A Tool forAchieving Stable Firm Growth, Doi: 10.1515/Eb-2016-0021, University of Latvia, 2 Higher School of Social Technologies.
  • Tegegne Gebre-Egziabher & Meheret Ayenew (2010). Micro and Small Enterprises asVehicles for Poverty Reduction, Employment Creation and Business Development: The Ethiopian Experience. Forum for Social Studies, Research Report No. 6, Addis Ababa, Ethiopia. (36-37).
  • Timothy S. Hatten (2006), Small Business Management Entrepreneurship and Beyond,Houghton Mifflin Company New York. P. (218-19)
  • Tiruneh Abebe (2011), Analysis of the Success Factors of Micro and Small Business Enterprises in Addis Ababa, Ethiopia page P 13.
  • Thorsten Beck, Asli Demirguc K. (2006). Small and Medium-Size Enterprises: Access toFinance as A Growth Constraint. Journal of Banking & Finance 30 (2006) 2931– 2943, The World Bank, 1818 H Street N.W., Mail Stop Mc 3-300, Washington, Dc20433, United States, (2935)
  • Winstead Fry, S. & Griffin, S. (2010). Fourth graders as models for teachers: teaching and learning 6+1 trait writing as a collaborative experience. Literacy Research and Instruction, 49(4), 283-298.
  • Tushabomwe-Kazooba, C. (2006), “Causes of Small Business Failure in Uganda: A CaseStudy from Bushenyi And Mbarara Town” African Studies Quarterly Vol. 8 No. 4, 27-35.
  • William G. Zikmund; Barry L. Babin; Jon C. Carr; Mitch Griffin (2010), Business Research Methods, 8th edition, South-Western College Pub, 2009
  • Yusnidah Ibrahim 2000, An Examination of Financial Management Approaches Within Growth Oriented Malaysian Small Businesses: The Focus on Investment and Financing Decision-Making, A Thesis Submitted in Partial Fulfilment of the Requirements of The De Montfort University for The Degree of Doctor of Philosophy.

Finansal Yönetim Uygulamalarinin Mikro ve Küçük İşletmelerin Büyüme ve Gelişmeleri Üzerine Etkisi. Addis Ketema Belediyesi, Addis Ababa, Etiyopya

Yıl 2019, Cilt: 7 Sayı: 2, 33 - 50, 01.01.2019

Öz

Yapılan çalışmalar finans eksikliğinin gelişmekte olan ülkelerde Mikro ve Küçük İşletmeler'in MKİ en baskın kısıtı olduğunu göstermektedir. Bu nedenle, finansal kaynakların yönetimi küçük işletmelerin gelişimi için kritik öneme sahiptir. Bu çalışma finansal yönetim uygulamalarının MKI'lerin büyümesi ve gelişmesi üzerindeki etkisini değerlendirmeyi amaçlamıştır. Veriler, 146 MKİ sahibinden anket yoluyla elde edilmiştir. Olasılık dışı bir örnekleme tekniği olan kolayda örneklem yöntemi kullanılmıştır. Veri toplandıktan sonra, Betimsel ve Açıklayıcı bir veri analizi yöntemi uygulanmıştır. Buna göre, finansal yönetim ile büyüme ve gelişme arasında güçlü bir ilişki bulunmasına rağmen, MKİ'lerin performansını güçlü bir şekilde etkileyen zayıf finansal yönetim uygulaması gözlenmiştir

Kaynakça

  • Abdulah Al Rubaish (2010), On the Contribution of Student Experience Survey RegardingQuality Management in Higher Education: An Institutional Study in Saudi Arabia, J. Service Science & Management, 2010, 3, 464-469.
  • Addis Ababa City Administration Micro and Small Enterprise Development Agency. (AACMSEDA) (2015). ‘Inception Report on Micro and Small Enterprise Development in
  • Addis Ababa’, Unpublished Report. Available At: Http://Www.Aamicrosmall.Gov.Et/Index.Php/En/Documentation. (Accessed September 2017).
  • Alwadaei, S.A. (2010). Employee’s perception of, and satisfaction, of performance appraisal:a case of electricity and water authority (EWA) in Kingdom Of Bahrain .Unpublished Research Report. Kuala Lumpur: Open University Malaysia.
  • Carl L. And Donald C., (1998). The Dynamics of Micro and Small Enterprise, 1st
  • Edition Mc Grow Hill London. (134-136).
  • Gebrehiwot Ageba And Wolday Amha (2006). Micro and Small Enterprises Finance inEthiopia: Empirical Evidence, Eastern Africa Social Science Research Review, Michigan State University, Volume 22, Number 1, Jan., Pp. 63-86
  • Gashahun, E. (2004). The Impact of Gender on Financing of Small Enterprises. Addis Ababa, Ethiopia.
  • Gaskill, L. R., Van Auken, H. E., (1993). A Factor Analytic Study of The Perceived Causes Of Small Business Failure. Journal of Small Business Management, 31(4): 18-31.
  • Helmsing, A. And Kolstee, T. (1993). Small Enterprises and Challenging Policies:Structural Adjustment, Financial Policy and Assistance Programmes in Africa. Intermediate Technology Publications, London.
  • Howard, B. & Upton, M. (1953). Introduction to Business Finance. USA: Mcgraw-Hill Inc.
  • Howard M. Armitage, Alan Webb, John Glynn 2016, The Use of Management Accounting Techniques by Small and Medium-Sized Enterprises: A Field Study of Canadian And Australian Practice, Accounting Perspectives / Perspectives Compatibles, Ap Vol. 15 No. 1 — Pc Vol. 15, No 1
  • Irena Jindrichovska 2013, Financial Management in SMEs, European Research Studies, Volume Xvi, Special Issue on SMEs, 2013
  • Kothari C.R. (2004). Research Methodology Methods and Techniques, 2nd Revised Edition, New Age International Publishers, New Delhi. (35-39)
  • Köklü, N., Büyüköztürk, Ş. & Çokluk-Bökeoğlu, Ö. (2006). Sosyal bilimler için istatistik. Ankara: Pegem Akademi.
  • Parris, S. R., Fisher, D. & Headley, K. (2009). Adloescent literacy: Field tested effective solutions for every classroom. Newark: International Reading Assocation.
  • McMahon, R. G. P and Stanger, A. M. (1995), "Understanding the Small Enterprise Financial objective Function", Entrepreneurship Theory and Practice, Summer, 2134.
  • McMahon R.G.P, Holmes S., (1991). “Small Business Financial Management PracticesTheory and Practice, Harcourt Brace, Sydney P. 19-29.
  • McMahon, R. G.P. And Holmes S. (1991), “Small Business Financial Management Practices In North America: A Literature Review,” Journal of Small Business Management 29(2):19- 029.
  • Osisioma, B.C. (2010), “Global Financial Crisis: Impact on The Changing Face of Accountancy Profession” Frontier Lecture Series 1. Nnamdi Azikiwe University Awka.
  • Cited from Dr. (Mrs) Regina G. Okafor, (2012). Financial Management Practices of Small Firms In Nigeria: Emerging Tasks For The Accountant, European Journal Of Business And Management, Vol 4, No.19, Department Of Accountancy, University Of Nigeria, Enugu Campus: P. 159
  • Regina G. Okafor 2012, Financial Management Practices of Small Firms In Nigeria: Emerging Tasks For The Accountant European Journal Of Business And Management, Vol 4, No.19, 2012, ISSN 2222-1905 (Paper) ISSN 2222-2839 (Accessible Online At www.Iiste.Org)
  • Solomon Terfasa Dinka 2017, Assessment of Financial Management Practices: A Case Study on Small Businesses in Sokoru District, Ethiopia, Research Journal Of Finance And Accounting, Vol.8, No.19, 2017 ISSN 2222-1697 (Paper) ISSN 2222-2847 (Available Online At: www.Iiste.Org)
  • Svetlana Saksonova & Svetlana Savina 2016, Financial Management as A Tool forAchieving Stable Firm Growth, Doi: 10.1515/Eb-2016-0021, University of Latvia, 2 Higher School of Social Technologies.
  • Tegegne Gebre-Egziabher & Meheret Ayenew (2010). Micro and Small Enterprises asVehicles for Poverty Reduction, Employment Creation and Business Development: The Ethiopian Experience. Forum for Social Studies, Research Report No. 6, Addis Ababa, Ethiopia. (36-37).
  • Timothy S. Hatten (2006), Small Business Management Entrepreneurship and Beyond,Houghton Mifflin Company New York. P. (218-19)
  • Tiruneh Abebe (2011), Analysis of the Success Factors of Micro and Small Business Enterprises in Addis Ababa, Ethiopia page P 13.
  • Thorsten Beck, Asli Demirguc K. (2006). Small and Medium-Size Enterprises: Access toFinance as A Growth Constraint. Journal of Banking & Finance 30 (2006) 2931– 2943, The World Bank, 1818 H Street N.W., Mail Stop Mc 3-300, Washington, Dc20433, United States, (2935)
  • Winstead Fry, S. & Griffin, S. (2010). Fourth graders as models for teachers: teaching and learning 6+1 trait writing as a collaborative experience. Literacy Research and Instruction, 49(4), 283-298.
  • Tushabomwe-Kazooba, C. (2006), “Causes of Small Business Failure in Uganda: A CaseStudy from Bushenyi And Mbarara Town” African Studies Quarterly Vol. 8 No. 4, 27-35.
  • William G. Zikmund; Barry L. Babin; Jon C. Carr; Mitch Griffin (2010), Business Research Methods, 8th edition, South-Western College Pub, 2009
  • Yusnidah Ibrahim 2000, An Examination of Financial Management Approaches Within Growth Oriented Malaysian Small Businesses: The Focus on Investment and Financing Decision-Making, A Thesis Submitted in Partial Fulfilment of the Requirements of The De Montfort University for The Degree of Doctor of Philosophy.
Toplam 32 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Araştırma Makalesi
Yazarlar

Celal Hakan Kağnıcıoğlu Bu kişi benim

Seyfedin Mohammed Seyfedın Bu kişi benim

Yayımlanma Tarihi 1 Ocak 2019
Yayımlandığı Sayı Yıl 2019 Cilt: 7 Sayı: 2

Kaynak Göster

IEEE C. H. Kağnıcıoğlu ve S. M. Seyfedın, “The Impact of Financial Management Practices on Growth and Development of Micro and Small Enterprise. The Case of Addis Ketema Sub-City, Addis Ababa, Ethiopia”, Researcher, c. 7, sy. 2, ss. 33–50, 2019.

The journal "Researcher: Social Sciences Studies" (RSSS), which started its publication life in 2013, continues its activities under the name of "Researcher" as of August 2020, under Ankara Bilim University.
It is an internationally indexed, nationally refereed, scientific and electronic journal that publishes original research articles aiming to contribute to the fields of Engineering and Science in 2021 and beyond.
The journal is published twice a year, except for special issues.
Candidate articles submitted for publication in the journal can be written in Turkish and English. Articles submitted to the journal must not have been previously published in another journal or sent to another journal for publication.