Accounting and Financial Control in a Socialist Enterprise: A Case Study from Algeria

1989 ◽  
Vol 2 (2) ◽  
Author(s):  
Nacer Ouibrahim ◽  
Robert Scapens
Keyword(s):  
Financial Control ◽  
Socialist Enterprise

Examining Financial Controls Practices Among Religious Non-Profit Organisations: A Case Study of Malaysia

2021 ◽  
Vol 8 (2) ◽  
Author(s):  
Rozaidy Mahadi ◽  
Noor Kaziemah Sariman ◽  
Andy Lee Chen Hiung
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Financial Control ◽  
Non Profit ◽  
Control Framework ◽  
Financial Governance ◽  
Financial Scandals ◽  
Government Organisation ◽  
Financial Misconduct

There have been many financial scandals associated with religious-based non-profit organisations (RNPOs), their involvement in unethical and wrongdoing has pressured non-profit organisations, especially religious-based NPOs (RNPOs) to start adopting highly transparent and accountable financial management practices. Despite many efforts to improve the RNPOs’ service quality, their integrity has been tinted with many scandalous incidents of funds embezzlement and corruption. Poor financial accountability and lack of legal requirements are argued to be the underpinning reasons for such financial atrocities occurring. With the absence of sound financial governance and comprehensive financial regulations, it has been impaired the government’s ability to detect, prevent and correct RNPOs’ financial misconduct. To prevent financial misconduct from repeatedly occurring, having cogent financial control practices will ensure the RNPOs upholding their accountability duties to the clients they have served. Therefore, the objective of this paper is to examine Malaysian RNPOs financial controls practices. In doing so, various religious-based NGOs’ (i.e. Islam, Buddha, and Christian) representatives were interviewed, analysed, and appraised with Simon’s (1994) control framework. The findings indicate that the RNPOs financial control practices are mediated by the virtue of the religions that they have adopted, the RNPOs’ affiliation (i.e. local-based, foreign-based, and/or semi-government organisation), and the level of sponsorships and grants they have received.

The Economics of a Socialist Enterprise: A Case Study of the Polish Firm.

Economica ◽  
1969 ◽  
Vol 36 (141) ◽  
pp. 97
Author(s):  
P. J. D. Wiles ◽  
George E. Feiwel
Keyword(s):  
Socialist Enterprise

A new model for measuring salesperson lifetime value

2017 ◽  
Vol 32 (2) ◽  
pp. 274-281 ◽  
Author(s):  
Pablo Farías ◽  
Eduardo Torres ◽  
Roberto Mora Cortez
Keyword(s):  
Sales Force ◽  
Value Management ◽  
Financial Control ◽  
Content Type ◽  
Valuation Model ◽  
Robust Model ◽  
Lifetime Value ◽  
Conceptual Paper ◽  
The Individual

Purpose The purpose of this paper is to propose a new salesperson valuation model. This paper presents a calculation method for estimating both the individual lifetime value of a salesperson and the sales force equity. Design/methodology/approach This is a conceptual paper supported by a case study. Findings The authors contribute to the literature by operationalizing the salesperson lifetime value concept and introducing new important aspects in comparison with previous discussions, including peer effect, recruitment/hiring cost and termination costs. Originality/value This manuscript theoretically and practically contributes to personnel value management in the organization and sales force financial control. The authors introduce peer effects, hiring/recruitment costs and termination costs, which are missing as a set in previous research. In addition, this paper offers a simple but robust model to practitioners’ use.

Foreign Investments and Socialist Enterprise in Slovenia (Yugoslavia): The Case of the Kolektor Company

2021 ◽  
Vol 10 (3) ◽  
pp. 556-580
Author(s):  
Zarko Lazarevic
Keyword(s):  
Low Cost ◽  
International Markets ◽  
Modern Technology ◽  
Former Yugoslavia ◽  
Skilled Workers ◽  
Foreign Investments ◽  
Socialist Enterprise ◽  
History Of ◽  
The Cold War

In this article, I examine foreign investment in the socialist enterprise in the former Yugoslavia based on the case study of Kolektor in the context of the liberalized communist social and economic order. Foreign investments were allowed in the form of joint ventures. I present these investments from the viewpoint of economic reforms, the concept of socialist enterprise, and the concept of economic development, which enabled foreign investments and shaped regulation and the structure of foreign investments in Yugoslavia. The history of the case of Kolektor began at a time when Slovenia still belonged to the former Yugoslavia, which was arguably a liberalized type of communist economic system. This was during the Cold War, when both Europe and the rest of the world were divided essentially along the lines of the communist east and the capitalist west. The Kolektor Company was established in 1963 as a state socialist enterprise for the manufacture of the rotary electrical switches known as commutators. From the outset, the company tried to establish international cooperation to acquire modern technology. In 1968, it reached an agreement with the West German Company Kautt & Bux, which at the time was the technological and market leader in the production of commutators. Kautt & Bux invested in Kolektor and became an owner of 49 percent of the company. The investment proved very profitable for both partners. The Slovenian side got access to modern technology and expertise, and the German side got additional production facilities, skilled workers, and low-cost production, which increased its competitiveness on international markets.

scholarly journals Financial resource management in the Nigerian public sector: policy measures to address loopholes

2020 ◽  
Vol 18 (2) ◽  
pp. 329-339
Author(s):  
Adesola Victoria Adebayo ◽  
Kehinde Damilola Ilesanmi
Keyword(s):  
Public Sector ◽  
Control Systems ◽  
Cost Effective ◽  
Primary Data ◽  
Financial Control ◽  
The Public ◽  
Performance Accountability ◽  
Policy Measures ◽  
Regular Review

Despite concerted efforts made by successive government administrations in Nigeria to eliminate or better still minimize the menace of fraud, embezzlement, misappropriation of funds, inflation of contract prices, payment of salaries to ghost workers etc., it seems as if the challenge is far from being over. It is believed that the implementation of effective and efficient financial control systems may result in better performance, accountability, and better reporting process in the public sector. This study aims to assess the effectiveness of financial control in the public sector of Nigeria using Akoko South-West Local Government Area (ASWLGA) as a case study. The study employed both descriptive and econometric analytical methods to achieve the stated objectives. Specifically, the hypotheses were tested using regression analysis based on the primary data collected. The study revealed that the level of financial control in ASWLGA is adequate and capable of reducing financial misappropriation and that financial control is also cost-effective. However, there is a need for regular review of the financial control system in order to boost the effectiveness of the public sector.

scholarly journals Studying the Administrative Corruption Based on 3-Ramifications Analytical Model in the Pathology Theory and Suggesting Several Strategies for Controlling It (A Case Study: Administrations of Tehran Province)

2018 ◽  
Vol 1 (1) ◽  
pp. 30
Author(s):  
Mahtab Jafari
Keyword(s):  
Analytical Model ◽  
Financial Control ◽  
Political Systems ◽  
Friedman Test ◽  
Government Employees ◽  
Field Methods ◽  
Administrative Control ◽  
Tehran Province ◽  
Negative Impacts

Administrative corruption is largely influenced by economic, political, social, cultural, and judicial systems and also, it has negative impacts on the legitimacy of political systems and the performance of administrative systems. Therefore, the aim of the current study is to identify the causes of the emergence and the prevalence of administrative corruption and to provide appropriate strategies for controlling and restricting the scope of administrative corruption. Hence, this research is of descriptive-analytical type and it is based on data collected by field methods. It should be noted that consistency and validity of the questionnaire has been examined with Cronbach's alpha and factor analysis, respectively. Then, non-parametric tests including binomial test and Friedman test have been used for testing the hypothesis. Ultimately, the results of this study showed that there are several factors such as lack of professional conscience, lack of adherence to ethics in the society, the sense of economic inequality in government employees in comparison with those in the other sectors, complexity of laws, etc., have significant influence on the emergence of administrative corruption. Also, some other factors such as existence of an efficient financial control system, effective administrative control, establishing some independent agencies for resolving the administrative corruption, intensification of the penalties, depoliticizing the administrative system, and applying efficient regulations can be effective in controlling and preventing the administrative corruption.Keywords: Administrative Corruption, Controlling the Administrative Corruption, Pathology Theory, 3-Ramifications Analytical Model, Administrations of Tehran Province.

Characterizing High-Growth Firms in New Zealand

2013 ◽  
Vol 14 (1) ◽  
pp. 39-48 ◽  
Author(s):  
Mark Hinton ◽  
R.T. Hamilton
Keyword(s):  
New Zealand ◽  
Control Systems ◽  
Relationship Marketing ◽  
High Growth ◽  
Financial Control ◽  
Four Dimensions ◽  
Case Study Design ◽  
Growth Firms ◽  
Business To Business

This study characterizes high-growth New Zealand-owned firms operating in business-to-business relationships. Within a case study design featuring six such firms, four dimensions emerged that captured their key features: founders' characteristics; opportunity orientation; opportunity exploitation; and the management of growth. All the firms had joint founders who brought complementary skills and maintained external advice networks. The growth opportunities leveraged innovations of other firms. Exploitation was in niche areas in which there were both few competitors and small numbers of larger customers, facilitating intensive relationship marketing. The founders managed the businesses by developing a pro-growth culture among employees, but supported this through strong financial control systems and low debt preference. The lack of evidence on the characteristics of this important group of firms has contributed to poorly targeted policy. This paper begins to redress this situation.

Financial control in project management: A case study

1979 ◽  
Vol EM-26 (3) ◽  
pp. 74-77
Author(s):  
Frank V. Van Steelandt ◽  
Ludo F. Gelders
Keyword(s):  
Project Management ◽  
Financial Control
Sign in / Sign up

Export Citation Format

Share Document