Financial management and performance of selected micro and small enterprises in Tomping Juba City, South Sudan
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Date
2018-06
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Publisher
Kampala International University, College of Economics and Management
Abstract
The purpose of the study was to evaluate the effect of effect of financial management and performance of micro and small enterprises in Tomping Juba city South Sudan. The research objectives were to examine the effects of financial management variables (financial report analysis, fixed assets management, working capital management, inventory management, and account payables) on performance of selected micro and small enterprise in Tomping Juba city South Sudan. The study employed the descriptive cross sectional survey design. A sample size of 121 respondents was derived from the target population of 173 using the Sloven’s formula. The qualitative and quantitative approaches were employed to analyse the data collected through questionnaire. The results of qualitative analyses, using frequency counts and percentage distributions, means and standard deviations, show that majority of the respondents were males (59%); majority (27%) of the respondents had tertiary education; and that the majority of respondents (44%) have between 1-3 years experience. The results of quantitative analyses conducted using Pearson’s Linear Correlation Coefficient revealed that a weak positive linear relationship exists between financial management and performance of selected micro and small enterprises in Tomping Juba City South Sudan. The results of the multiple regression conducted to assess the effect financial management variables on performance revealed that inventory management significantly influences on the performance of micro and small enterprises in Tomping Juba City South Sudan; whereas financial reporting analysis, fixed assets management, working capital management, and account payable do not significantly affect performance of micro and small enterprises in Tomping Juba City South Sudan. The study concludes, among others, that financial management has a weak positive significant relationship with performance in Tomping Juba city South Sudan, and that inventory management has significant effect on performance in Tomping Juba city South Sudan. The study recommends, among others that, that micro and small enterprises in Tomping Juba city should adopt financial management practices such as inventory management to enhance their financial performance. This has contributed to our knowledge on the effect of financial management on performance of micro and small scale enterprises. It has shown the financial management variable that can enhance the performance of micro and small scale enterprises. It has also provided the government with the needed information in designing a policy frame work to enhance the development of the micro and small scale enterprises.
Description
A thesis presented to the college of economics and management in partial fulfillment of the Requirements for the award of Masters Degree in Business Administration Of Kampala International University, Kampala, Uganda
Keywords
Financial management, Financial management and performance, Micro and small enterprises, Tomping Juba City, South Sudan