Version-2 (March-April 2018)
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Abstract: This study accessed the effect of government entrepreneurial policies on Nigeria's economic growth with Ondo State as a case study. Specifically, the study examined the effect of entrepreneurship policies on the productivity of small business owners. Three policy areas considered by the study are credit availability, supply of factor inputs, and training/orientation. Data were collected using questionnaires and responses were analysed with the aid of chi-square statistic. The study revealedthat only twenty-five percent of entrepreneurs have benefitted from government entrepreneurship policies and programmes in Ondo State. The study discovered that meeting the requirements for accessing government entrepreneurship programmes was the most serious difficulty encountered by entrepreneurs in benefiting from government programmes; and that government entrepreneurial policies...........
Keywards: Entrepreneurial policies, economic growth, small and medium enterprises, entrepreneurship development..
[1]. Adeoye, A. A. (2015). The effect of entrepreneurship on economy growth and development in Nigeria. International journal of development and economic sustainability, 3(2), 49-65.
[2]. Afolabi, M. O. (2013). Growth effect of small and medium enterprises (SMEs) financing in Nigeria. Journal of African Macroeconomic Review, 3(1).
[3]. Aruwa, S. A. S. (2004). The Business Entrepreneur: A Guide to Entrepreneurial Development. Journal of Development of Business Administration University of Ilorin, Nigeria, 2(1), 112-122.
[4]. Carree, M. A., &Thurik, A. R. (2003). The impact of entrepreneurship on economic growth. In Handbook of entrepreneurship research,Springer US, 437-471.
[5]. Chukwuemeka, E. (2011). The challenges of government policy on entrepreneurship in Nigeria. The Journal of Commerce, 3(2), 11.
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Abstract: The study aims to determine the effect of working capital management on the profitability of brewery firms in Nigeria. This study adopts the ex-post-facto research design and employed the Ordinary Least Square (OLS) regression technique in analyzing the data. To ascertain the effect of working capital management (number of days account receivables are outstanding, number of days inventory are held, and cash conversion cycle) on the profitability (return on assets) of brewery firms in Nigeria, the study used the sample of Nigerian Breweries Plc and Guinness Nigeria Plc for the period of 2006 to 2014. And the findings suggest that the management of the number of days account receivables are outstanding, numbers of days inventory are held, and cash conversion cycle are significant factors in the accomplishment of the profitability objective of brewery firms in Nigeria. It was recommended that brewery firms should reduce heavy investments in current assets to avoid high inventory costs, and excess cash holdings and account receivables.
Keywards: Cash collection cycle, brewery, inventory, profitability, receivables, working capital management
[1]. Akindele, J. A. and Odusina, O. (2015). Working Capital Management and Firm Profitability: Evidence from Nigerian Quoted Companies. Research Journal of Finance and Accounting, 6(7), 148 – 153.
[2]. Akoto, R.K., Awunyo-Vitor, D. and Angmor, P.L. (2013). Working Capital Management and Profitability: Evidence from Ghanaian Listed Manufacturing Firms. Journal of Economics and International Finance, 5(9), 373-379.
[3]. Alex, J. (2008). Rising Beer Prices could leave you tapped out Small Brewers Line Up to pay Premium Prices for Scarce Ingredient. Food Incorporation. Available online at www.msnbc.msn.com/rising-beer-prices-could... Retrieved on 20/02/2011.
[4]. Ani, W.U; Okwo, I.M; and Ugwunta, D.O. (2012). Effects of Working Capital Management on Profitability: Evidence from the Top Five Beer Brewery Firms in the World. Asian Economic and Financial Review, 2(8), 966-982.
[5]. Asaduzzaman, M. and Chowdhury, T. (2014). Effects of Working Capital Management on Firm Profitability: Empirical Evidence from Textiles Industry of Bangladesh. Research Journal of Finance and Accounting, 5(8), 175 – 184..
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Abstract: This research has been undertaken to explore the working capital management practices of manufacturing companies in Ethiopia and make comparison with previous similar studies. The study has used survey method on a sample of 144 manufacturing companies in Ethiopia which were selected using two-stage stratified random sampling. Survey analysis has been used to analyse the data and the results were presented using tablesfollowed by explanation. The result showed that the manufacturing companies in Ethiopia have formal and situational working capital policy that are under the responsibility of financial managers who make working capital review per year...........
Keywords: Accounts Receivable, Cash and Marketable Securities, Inventories, Short Term Financing, Working Capital Management Practices
[1]. Van Horne, J. C. and Wachowicz, J. M. (2009). Fundamentals of Financial Management, 13th ed. Pearson Education Limited, London.
[2]. Brigham, E.F. and Houston, J.F.2006. Fundamentals of Financial Management,10th ed. Cram101 Incorporate, United States of America.
[3]. Ross, S. A., Westfield, R. W. and Jordan, B.D. (2003). Fundamentals of Corporate Finance, 6th ed. McGraw-Hill, United States of America.
[4]. Koury, N.T., Smith, K.V. and MacKay, Peter I. (1998). Comparing Working Capital Practices in Canada, the United States, and Australia.Purdue CIBER Working Papers.Paper 132.
[5]. Nazir, M.S., Iqbal, U. and Akram, M.I. (2012). Working Capital Management Practices of Non-Financial Firms in Pakistan, American Journal of Scientific Research.Euro Journals Publishing.Inc Issue 78, pp.143-160...
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Abstract: This study investigated the economic efficiency in table egg agribusiness enterprises in Akwa Ibom State. The specific objectives were to; describe the socioeconomic characteristics of table egg entrepreneurs in Akwa Ibom State, analyze the level of economic efficiency in table-egg production and examine the determinants of economic efficiency in table egg production in the State. Simple random sampling was used to select 210 table egg entrepreneurs from a sampling frame of 1,051 table egg firms in the State. Structured questionnaires were used to elicit information from respondents while descriptive and inferential statistics were used for data analysis. Findings from the study showed that 70% of the respondents were males. Most (77.04%) of the respondents were in the age bracket between 30 and 50 years. The distribution of respondents by marital status showed that most (81.7%) of table-egg entrepreneurs were married, 16.67% were singles while 1.67% were widowed with 48.89% having household.........
Keywords: efficiency, table egg, entrepreneurs
[1]. Adepoju, A.A. (2008). Technical efficiency of egg production in Osun State. International Journal of Agricultural Economics and Rural Development. 8:7-14
[2]. Aedo, E. R, Lakner, S, and Brummer, B (2011). Technical Efficiency in the Chilean Agribusiness Sector, Forum for Trade and Growth, June 23-24
[3]. Afolabi O. I. (2012).Credit Constraints and Production Efficiency in Poultry (Egg) Farming in Ogun State. Nigeria. An Unpublished M. Agric. Dissertation Work Submitted to the Department of Agricultural Economics and Farm Management. College of Agricultural Management and Rural Development. Federal University of Agriculture Abeokuta, Ogun State. Nigeria,.34-35
[4]. Ajani, O.I.Y., (2000). Resource productivity in food crop farming in the Northern Area of Oyo state Nigeria. Unpublished Ph.D Thesis, Department of Agricultural Economics, University of Ibadan, Nigeria. 74-79.
[5]. Akwa Ibom State Year Book, (2001), Ministry of budget and economic development. 34-36..
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Abstract: The welfare of the people in Bali Province is inseparable from the contribution of HDI of regencies/city in Bali Province, the condition of HDI of regency/city in Bali Province until now uneven. Many factors influence the inequity of HDI achievement of regency/cities in Bali Province, one of which is the budget allocation in apbd of each regency/city that are imbued by good governance implementation in each regency/city. economic growth in the Province of Bali and regencies/city is good enough and has increased year by year but behind it the phenomenon of the gap between people increasing from year to year. The purpose of this research is to analyze: (1) the effect of good governance.........
Keywords: development budget allocation, economic growth inclusion, good governance performance, people's welfare
[1] Ali, I, Dan J. Zhuang. 2007. Inclusive Growth Toward A Prosperous Asia: Policy Implication ERD Working Paper Series No.97, Economics and Research Departement, Asian Development Bank, Manila.
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[3] Birdsall, Nancy. 2007. Reflections on The Macro Foundations of The Middle Class in The Developing World. Center for Global Development Working Paper 130, Washington DC.
[4] Caleb, Ben and Godwyns, Ade. 2012. Good Budgeting and Good Governance: A Comparative Discourse, Departement of Accounting, School of Business, IV Year. No. 2 (9).
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Abstract: The Indian Pharmaceutical Industry (Ipi) Is The World's Second-Largest Industry By Volume And Is Likely To Lead The Manufacturing Sector Of India. It Meets Around 70% Of The Domestic Demand For Bulk Drugs, Drug Intermediates, And Pharmaceutical Formulations. But Till Now Public Attention In This Country Has Been Focused So Much On The Profitability And Liquidity Of Corporate Finances. Furthermore, No Studies Were Made On Pharmaceutical Industry In Connection With Examining The Relationships Between R&D Cost And Profitability. Keeping Above Facts In View, This Research Work Focuses On Various R&D Activities And Business Strategies Adopted By Indian Pharma Industry To Sustain Business In Terms Of Profitability. This Study Will Be Beneficial To Companies As It Brings Out The Effect Of Investment In R&D On These Key Company Performance Indicators. This Can Be A Valuable Tool For Companies In Making Decisions Regarding Allocation Of Investment Funds..
Keywords:Pharmaceutical Industry, R&D Cost, Profitability
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