MSUIR Collection:
https://cris.library.msu.ac.zw//handle/11408/164
2024-03-28T15:39:10ZCorporate board diversity and state owned enterprises performance in Zimbabwe’s (2011-2015)
https://cris.library.msu.ac.zw//handle/11408/3931
Title: Corporate board diversity and state owned enterprises performance in Zimbabwe’s (2011-2015)
Authors: Chirume, Takawira
Abstract: This paper examines the associations between diversity of board members and financial performance of State Owned Enterprises in Zimbabwe (SOEs). Three demographic characteristics of board members, gender, cultural/nationality, and age were used as the proxies for diversity. The study used a positivism philosophy was used and being anchored on the quantitative research design. A survey of 54 SOEs were sampled to include 114directors in the SOEs sector. This study found out that both accounting and market performance have significant negative associations with gender diversity. Nationality diversity is found to have no influence on firm performance. In contrast, the proportion of young members is positively related to market performance, providing evidence that young
people in the boardrooms are associated with improved financial performance.2017-11-01T00:00:00ZChirume, TakawiraEffect of wealth tax on budget deficit :a case of Zimbabwe
https://cris.library.msu.ac.zw//handle/11408/3887
Title: Effect of wealth tax on budget deficit :a case of Zimbabwe
Authors: Gosha, Paul
Abstract: The objective of this research was to establish the effect of net wealth tax on public deficit in Zimbabwe since the country’s budget deficit is growing from 2014 up to the present day. The main thrust was put on the effect of wealth distribution on public deficit, effect of wealth valuation on public deficit, the effect of wealth tax unit on public deficit, effect of wealth tax administration on public deficit, effect of wealth tax efficiency on public deficit and finally the effect of wealth tax challenges on public deficit. A survey was carried out from a sample in Harare where respondents from the two stratums that is the low density and the high density were randomly chosen. The respondents indicated their views on the questionnaires and the majority of the respondents agreed that there is unequal wealth distribution in Zimbabwe. The respondents also agreed that the distribution of wealth have an effect on the budget deficit of the country. The relationship between wealth valuations to budget deficit was viewed by the respondents to be in existence. The research findings also established that wealth tax unit has an impact on public deficit in Zimbabwe. From the respondents’ views, the relationship between wealth tax administration and budget deficit was found to be positive. On wealth tax efficiency mixed views were obtained and the generality of the respondents indicated that there is a negative relationship between wealth tax administration and budget deficit. The government can use the results from this research to implement the net wealth tax since the majority of the respondents agreed that net wealth tax is a good policy and that the benefits derived from its implementation outweigh the disadvantages. The research centered on the effect on net wealth on budget deficit only. Future research on the effect of wealth tax in reducing inequality need to be looked at since the country is faced with unequal distribution of wealth.2018-01-01T00:00:00ZGosha, PaulThe effectiveness of budget benchmarks on the financial performance of local authorities, a case study of the Rural and Urban Local Authorities in Zimbabwe.)‖.
https://cris.library.msu.ac.zw//handle/11408/3886
Title: The effectiveness of budget benchmarks on the financial performance of local authorities, a case study of the Rural and Urban Local Authorities in Zimbabwe.)‖.
Authors: Chauke, Jackson
Abstract: This study investigated the effectiveness of budget benchmarks on the financial performance of local authorities, a case study of the Rural and Urban Local authorities in Zimbabwe. A hypothesis was developed to look at the relationship between budget benchmarking and financial performance. A descriptive research design was used in this research. The population of the study was 97 consisting of Directorate and senior officials from the Ministry of Local Government, Public Works and National Housing and council senior staff. The study used primary data collected through a questionnaire send through emails, interviews to the Directorate and secondary data analysed from local authorities budgets and local authorities Service Level Benchmarking report from the period 2013 to 2017. The data was analysed by the use of descriptive statistics which included inferential statistics such as regression and bivariate correlation. Results show that benchmarking has an influence in the financial performance of local Authorities through satisfaction by residents who pay bills and enjoy the services they require. The changing and dynamism of the Local government sector needs actors to be proactive as residents need quality services which correlates with value for money, this came out from the study. The theoretical outline and findings of this research will urge scholars to further scrutinise on other strategic best practices of the sector regarding the execution and implementation of processes which eases service provision and define best ways to utilise available resources economically but not compromising service provision.2018-01-01T00:00:00ZChauke, JacksonAnalysis of performance determinants of microfinance institutions and factors affecting their performance: A case of Harare microfinance institutions
https://cris.library.msu.ac.zw//handle/11408/3881
Title: Analysis of performance determinants of microfinance institutions and factors affecting their performance: A case of Harare microfinance institutions
Authors: Matare, Edson Decide
Abstract: Microfinance main objective is to reduce poverty, to achieve this amazing objective microfinance institutions have to become strong in financial performance because donor dependency is uncertain. The research aim was to analyse the performance determinants of microfinance institutions and factors affecting their performance. This study was conducted focusing microfinance institutions in Harare. The main objective is to determine performance of microfinance institutions in Zimbabwe. The issue of sustainability so as to outreach to the marginally poor and those in rural areas has brought in two aspects which need to be balanced thus the social performance and financial performance. Microfinance institution must be able to cover up all operating costs at the same time reaching to the poor thus the determinants of financial performance is crucial as it enhance decision making by management. A descriptive research design was adopted as it enables to gather both qualitative data. Total population constitute of 40 operations managers and 10 accountants giving a total of 50. The sample size has 37 operations managers and 8 accountants. Judgemental sampling was employed as it allows getting information from those who have knowledge in performance of institutions. Mode was applied on questionnaires and thematic approach was used on interviews as data analysis approach. The information was gathered in the form of primary data. Structured questionnaires in the form of likert scale and interview questions were used to collect data from the respondents. The research findings were presented in the form of graphs and tables. It was established that to achieve sustainability and profitability, managers and policy makers must know the major elements which affect the financial performance namely: portfolio quality, capital asset ratio, gearing ratio, operational efficiency, size of MFIs, age of MFIs, market concentration and real GDP and factors affecting microfinance institution which are policy factors, geographic variables and institutional variables. It was recommended that since inefficiency is a major challenge of microfinance institution in Zimbabwe, management should come up with good cost management policy in the form of reducing operating expenses and credit risk management through information communication technology and mobile banking. Microfinance institutions should follow retail banking practices by implementing a robust financial management system and good managerial governance so as to preserve profitability as well as sustainability2018-05-01T00:00:00ZMatare, Edson Decide