"AN INVESTMENT IN KNOWLEDGE ALWAYS PAYS THE BEST INTEREST" BENJAMIN FRANKLIN
"AN INVESTMENT IN KNOWLEDGE ALWAYS PAYS THE BEST INTEREST" BENJAMIN FRANKLIN
Department of Accounting and Finance, Debre Markos University Burie Campus, Debre Markos, Ethiopia
Research Article
Determinants of Financial Management Practice: The case of Micro and Small Enterprises in East Gojjam Zone, Ethiopia
Author(s): Gedefaw Asres* and Beza Muche
Financial management is the overall arrangement for planning, directing, monitoring, organizing, and controlling of the economic resources of an organization, with a view to efficient accomplishment of the enterprise objectives. It is well recognized that financial management practice has a key reason for the success of those enterprises and it is the main issue for any business type. However, the status of effective financial management practice in developing countries especially in Ethiopia is at its infant stage. Thus, the main objective of the study is to investigate the determinants of financial management
practice of micro and small enterprises in East Gojjam Zone. The type of research applied in this study is explanatory/causal/ in nature. Questionnaires were used to collect primary data. The combination of purposive stratified and systematic sampling techniques were applied.. Read More»
DOI:
10.36962/GBSSJAR/59.S1.001