Journal of Contemporary Research in Business, Economics and Finance

A study on financial performance of cooperative societies in Nepal

Gyanendra Prasad Paudel — Mon, 03 Jun 2024 00:00:00 +0000

This article delves into the financial performance of cooperative societies in Nepal, honing in on liquidity, leverage, and risk management. Employing a robust methodology encompassing descriptive, financial ratio, correlation, and regression analyses, the study is centered on cooperatives in Kathmandu. The sample, carefully selected to represent approximately 10% of total cooperatives, is derived from a combination of primary and secondary data sources. The analysis extends to various dimensions including organizational structure, loan investment procedures, and credit risk management practices within these cooperative societies. Through regression models, the study uncovers significant relationships between financial performance indicators such as return on assets, net profit margin, net interest margin, and return on equity, and a multitude of factors. One of the key findings underscores the critical importance of effectively managing leverage and liquidity to bolster cooperative profitability. This not only highlights the financial health of these cooperatives but also sheds light on their operational efficiency and risk resilience. By integrating both primary and secondary data sources, the study offers a comprehensive exploration of critical aspects related to cooperative financial performance. It provides valuable insights into effective strategies for optimizing leverage and liquidity within these cooperative societies, which can serve as a roadmap for enhancing their sustainability and resilience in the face of economic challenges.

Influence of information processing bias on investment decision of equity investors at Nairobi securities exchange in Kenya

Mary Kavele Patrick, Charles Guandaru Kamau, Scholastica Nkirote Ratanya — Mon, 03 Jun 2024 00:00:00 +0000

The goal of the study was to established the influence of information processing bias on investment decision of equity investors at Nairobi Securities Exchange. The study improved the existing finance literature, which increased the body of general knowledge. Researchers and aspiring academics would utilize the findings as a future source of reference for expanding their understanding of behavioral finance. This study employed regret aversion theory, descriptive research design applied in this research and the stratified random sampling technique. In this study, primary data was also employed. SPSS version 26 (Statistical Package for Social Science) was used for data analysis. Descriptive, correlation as well as regression analysis were undertaken and outcome was offered in tables followed by pertinent interpretation and discussion. The most influential variable was Market’s competition-related information with a regression coefficient of 0.502 (p-value = 0.027) and lastly Product’s market potential-information with a coefficient of 0.403 (p-value = 0.041). The study concludes that information processing bias holds a significant and influential role in shaping investment decisions among equity investors at the Nairobi Securities Exchange. Thus, it can be concluded that understanding and leveraging product market potential can positively impact investment decisions. It is crucial for investors to carefully assess market competition dynamics to maximize investment returns. This study also implies that by analyzing investor behavior, company management Can further evaluate capital markets' performance of stocks and adjust policies and strategies appropriately.

Cloud accounting and the performance of deposit money banks in Nigeria

Ozondu Mary Ebere, Ojukwu Chioma Obianuju, Chukwunwike Onyekachi David — Fri, 05 Jul 2024 00:00:00 +0000

The current technological era of the 4th Industrial Revolution (4IR) and the realities of the COVID-19 pandemic brought about challenges and opportunities for DMBs; these challenges necessitated this study. The study examined empirically the relationship between cloud accounting and improved customer service delivery, which have effect in the financial performance of deposit money banks (DMBs). The study adopted cross-sectional survey research design. The structured Lickert scale questionnaire was raised from the objectives of the study and administered to the information technology and communication (ICT) unit of the sampled DMBs. The outcomes of the administered questionnaires were analyzed using the descriptive statistics and Spearman’s Rank Correlation Coefficient. Results show that cloud accounting has a significant positive relationship with financial performance of DMBs. In addition, Information Technology Trust has a positively significant moderating effect on the relationship between cloud accounting and financial performance DMBs. Also, the study revealed that Visualized Transaction Reporting and Self-service Transaction Reporting have significant positive relationship with productivity and profitability of DMBs. In conclusion, cloud accounting significantly moves in the same direction as financial performance. Hence, the study recommends that banks should do more investment in cloud accounting technologies for improve customer service delivery in their operations, which will in the end boost financial performance.

Rights and obligations of insurance companies in life insurance contracts: A qualitative case study from Vietnamese law

Nguyen Thanh Phuong, Nguyen Trung Dung — Sat, 12 Oct 2024 00:00:00 +0000

In a life insurance contract relationship, rights and obligations are an agreement that one party must perform for the rights and obligations of the other party in this relationship. Accordingly, one of the rights and obligations that forces the insurance company to fulfill the interests of the insurance buyer is: (i) The right to cancel the insurance contract; (ii) Right to refuse insurance payment; (iii) Life insurance company's obligation to pay insurance... To concretize this, the State of Vietnam has issued the Law on Insurance Business in 2022. However, in practical application related to the rights and obligations of life insurance companies, there are still some problems, leading to insurance companies using many different reasons to limit the rights of life insurance companies. insurance participants. Through qualitative research method, the work will point out the shortcomings and propose some solutions in the future.