scholarly journals Diagnóstico del área financiera del sector supermercados e hipermercados en el departamento de Boyacá.

2014 ◽  
Vol 13 (2) ◽  
pp. 33-52
Author(s):  
Jorge Enrique Romero Muñoz ◽  
Diana Carolina Castelblanco Vargas ◽  
Martha Liliana Bastidas Arandia
Keyword(s):  
Financial Management ◽  
Rating Scale ◽  
Performance Level ◽  
Working Capital ◽  
Chambers Of Commerce ◽  
Management Area ◽  
Capital Tax ◽  
Low Performance ◽  
Financial Environment ◽  
Tax Costs

El trabajo muestra las características generales del área financiera de las empresas del sector Supermercados e hipermercados del departamento de Boyacá con las variables: contabilidad, presupuestos, capital de trabajo, tributaria, costos, análisis de la gestión financiera y conocimiento del entorno financiero, se identifican las fortalezas y debilidades en el manejo del área financiera de las empresas, asícomo los puntos críticos de atención en cada una de las variables analizadas. La información se obtuvo a partir de la realización de un cuestionario de 60 preguntas dirigidas a una muestra de 173 empresarios del sector, registrados en las Cámaras de Comercio de Tunja, Duitama y Sogamoso, seleccionados de manera aleatoria, eneste cuestionario se evaluó el nivel de desempeño de los empresarios con respecto a las preguntas formuladas mediante una escala de valoración de 1 a 4. Los resultados obtenidos señalaron un desempeño muy bajo en el manejo del área financiera en las empresas del sector, ya que ninguna de las variables evaluadas supera los 3 puntos, de igual forma cabe resaltar que el área de Tributaria y Contabilidad, son las demayor preocupación en el sector.PALABRAS CLAVEDiagnóstico, área financiera, contabilidad, presupuestos, capital de trabajo, tributaria, costos. ABSTRACTThe work shows the general characteristics of the financial area companies Supermarkets and hypermarkets in the department of Boyacá with variables: accounting, budgeting, working capital, tax, costs, financial management analysis and knowledge of the financial environment, in this case are identified strengths and weaknesses in the financial management area businesses as well as the criticalpoints of care in each of the variables analyzed. The information was obtained from the realization of a questionnaire to 60 questions to a sample of 173 entrepreneurs registered in the Chambers of Commerce of Tunja, Duitama and Sogamoso, randomly selected, in this questionnaire, the performance level of the entrepreneurswas evaluated with respect to questions using a rating scale of 1-4. The results indicated a very low performance in the area of financial management companies in the sector, as any of the evaluated variables than 3 points, just as it should be noted that the area of Tax and Accounting, are of major concern in the sector.KEY WORDSDiagnostic, financial area, accounting, budgets, the capital of work, tributary, costs 

Financial Management of Tires Retail and Restaurant Business in Greater Jakarta

2019 ◽  
Vol 2 (4) ◽  
pp. 267-275
Author(s):  
Sung Suk Kim ◽  
Jacob Donald Tan ◽  
Rita Juliana ◽  
John Tampil Purba
Keyword(s):  
Financial Management ◽  
Management Practices ◽  
Working Capital ◽  
Structured Interviews ◽  
Short Term ◽  
Direct Observations ◽  
Medium Enterprises ◽  
Cash Reserves ◽  
Retained Earnings ◽  
Computerized System

This study aims to explore the financial management practices ofsmall-and-medium-enterprises (SMEs) in the Greater Jakarta (Jabodetabek). We investigate into 3 SME cases by conducting the semi-structured interviews with the owner-managers and using direct observations to know the practices of financial management of SMEs. Through the research, we have found six propositions related to the practice of short-term financial management. They apply bootstraps to ensure availability of working capital. They set aside cash reserves from retained earnings and minimize loans from financial institutions. They have the computerized system to track receivables facilitating working capital needs. They keep theirinventory control efficient to manage working capital. They screen customers using transactional records and reputations to minimize the risk of bad debts.

scholarly journals Impact of working capital management on profitability: Evidence from Pakistan oil sector

2015 ◽  
Vol 1 (1) ◽  
pp. 286
Author(s):  
M.Yousaf Raza ◽  
Muhammad Bashir ◽  
Khalid Latif ◽  
Touqeer Sultan Shah ◽  
Mushtaq Ahmed
Keyword(s):  
Financial Management ◽  
Capital Budgeting ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Operating Profit ◽  
Work In Process ◽  
Fixed Assets ◽  
Oil Sector ◽  
The Impact

This study explores the impact of working capital management on the profitability of the firms in the oil sector of Pakistan. For the purpose of testing this relationship data from the annual reports of the sample companies is used from the period 2006 to 2010. Cash conversion cycles (CCC), average receivable, Average inventory, average payable, and current ratio are used as a measure of working capital management, while gross operating profit is used as a measure of profitability of the firm. There are three major issues in financial management that are capital budgeting, capital structure, and working capital management. So working capital management is one of the three major issues in financial management. A commercial firm consists of two types of assets, which are fixed assets and current assets. Current assets of a firm consist of cash, bank balance, account receivable, raw material, work in process, and finished goods. While fixed assets of the business require capital expenditure and these are used in increasing the production of the business, the Current assets are used in utilizing the fixed assets in day to day transactions.  Hence Current assets are regarded as lifeblood for any business firm, the play vital role in the daily operations of the business. Current assets and current liabilities regarded as are very important component of total assets and they need to be carefully managed for the long term success of the business. In this paper working capital management provide us profit by using average payable and gross operating profit but other variables in hypothesis shows negative relationships with each other.

scholarly journals EVALUASI SISTEM PEMBINAAN, PENATAUSAHAAN, DAN PENGAWASAN PENGELOLAAN BARANG MILIK DAERAH PADA BPK-BMD DI PEMERINTAHAN KABUPATEN MINAHASA

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Astrid Claudia Sumual ◽  
David Paul Elia Saerang ◽  
I Gede Suwetja
Keyword(s):  
Local Government ◽  
Human Resources ◽  
Qualitative Analysis ◽  
Asset Management ◽  
Financial Management ◽  
Analysis Method ◽  
Management Area ◽  
Administration And Supervision ◽  
Implementation Management ◽  
Descriptive Qualitative

The management of local asset is part of the regional financial management. Since the enactment of regulation of asset management area is expected to be a reference and strength of local government in managing its regional asset. To apply the system in accordance with Permendagri No.19 year 2016 supervision and coorperation required to carry out the process of recording asset at SKPD level as well as management of regional assets including BPK BMD Minahasa district. The purpose of this study is to find out how the application on the system of coaching, administration, and supervision of goods in the management of local assets in BPK BMD Minahasa whether in accordance with Permendagri No.19 year 2016. The method used in this research is descriptive qualitative analysis method. The results showed that the implementation management of local asset, especially the coaching, administration, and supervision of assets in BPK BMD Minahasa accordance with Permendagri No.19 yaers 2016. Not yet supported IT equipment that has not been compatible with that asset user and the lack of human resources becomes an obstacle asset management in BPK BMD Minahasa.Keywords: asset, coaching, administration, supervision

scholarly journals Working Capital Management and Its Impact on Profitability in Tyre Industry: A Study of Selected Companies

2021 ◽  
Vol 2 (1) ◽  
pp. 40-46
Author(s):  
Tushar Rameshbhai Ajmera
Keyword(s):  
Regression Analysis ◽  
Financial Management ◽  
Stock Exchange ◽  
Practical Implication ◽  
Capital Management ◽  
Working Capital ◽  
Working Capital Management ◽  
Turnover Ratio ◽  
The Impact ◽  
Tyre Industry

Purpose: The main aim of this article is to find out the working capital management and its impact on profitability in Tyre Industry of selected companies which are listed on stock exchange in India. Approach/ Methodology/ Design: For the study, a time span of 8 years from 2011-12 to 2018-19 is considered, and based on it, any relation of net profit margin ratio and working capital components like current ratio, quick ratio, inventory turnover ratio, working capital turnover ratio is considered. The sample is selected based on higher market capitalisation during the study period. Regression analysis is also employed to investigate the impact of WCM on corporate profitability. Findings: The major findings of this study indicate that the profitability of Balkrishana was good   compared to the other companies. The working capital of Ceat shows highly positive working capital management, whereas Apollo shows negative working capital management. These results were identified with the help of accounting tool as Ratio analysis and statistical tools as Regression analysis and ANOVA test for selected data. Practical Implication: The study examines the scenario of tyre industry with the help of working capital management in selected companies. The results of the study could be an indicator of the performance of the selected companies.   Originality/Value:  This paper provides some key insights to health and efficiency of the selected companies. The working capital ratios are indicative of good working capital management, leading to identifying issue in financial management and eventually improving the performance of the tyre industry.

scholarly journals EVALUASI PENERAPAN SISTEM INFORMASI MANAJEMEN DAERAH (SIMDA) PADA DINASS PENDAPATAN, PENGELOLAAN KEUANGAN DAN ASSET DAERAH KOTA KOTAMOBAGU

2015 ◽  
Vol 13 (03) ◽  
Author(s):  
Veybie Komaling ◽  
Stanley Kho Walandow
Keyword(s):  
Research Methods ◽  
Asset Management ◽  
Financial Management ◽  
Local Governments ◽  
Quantitative Data ◽  
Qualitative Data ◽  
Computer Applications ◽  
Application Program ◽  
Management Area

Computer Applications SIMDA program is an application program that is intended to assist local governments in the area of financial management. As for the above purpose of the research is to evaluate the application of SIMDA at the Department of Revenue, Finance and Asset Management Regional Kotamobagu. Research methods using qualitative data, that is data obtained from the object of research in the form of sentences or descriptions, sketches and drawings and quantitative data, ie data obtained from the object of research in the form of numbers or numbers that have been processed further. From this study, the researchers concluded that SIMDA Application Evaluation in the Department of Revenue, Finance and Asset Management Regional Kotamobagu not fully in accordance with the Legislation in force, because the procedure is not in accordance with the cash outlay Minister Regulation No. 13 Year 2006 on Guidelines for Financial Management area.

Efficiency of Liquidity Management in Indian Tyre Industry

2014 ◽  
pp. 362-382
Author(s):  
Pratap Banerjee
Keyword(s):  
Capital Market ◽  
Financial Management ◽  
Financial Statement ◽  
Working Capital ◽  
Statistical Tools ◽  
Liquidity Management ◽  
Trade Off ◽  
Manufacturing Sectors ◽  
Tools And Techniques ◽  
Tyre Industry

It is unanimously accepted that liquidity management is a very important facet of financial management in any kind of business. An overall control over liquidity of the firm can only ensure a smooth running of its business wheel. Like other manufacturing sectors in India, the Indian tyre industry has been facing fierce challenges due to intensified competition in the marketplace as a result of Liberalization, Privatization, and Globalization (LPG). In this backdrop, an attempt has been made to study the efficiency of working capital in maintaining liquidity of Indian tyre industry during the period 1998-99 to 2007-08. The data for the period from 1998-99 to 2007-08 used in this chapter have been collected from the Capitaline Corporate Database, the official of Capital Market Publishers (India) Ltd., Mumbai. While carrying out this study, suitable measures relating to financial statement analysis as well as relevant statistical tools and techniques have been applied at appropriate places. The overall findings of the study indicate that there was no proper trade-off between liquidity and profitability in the selected tyre companies during the study period.

The Influence of ERP to Enterprise Financial Management Analysis

2014 ◽  
Vol 687-691 ◽  
pp. 4474-4477
Author(s):  
Chun Xian Li ◽  
Hua Xu ◽  
Jing Jing Zhang
Keyword(s):  
Financial Management ◽  
Management System ◽  
Enterprise Management ◽  
Enterprise Performance ◽  
Financial Indicators ◽  
Working Capital ◽  
Erp Implementation ◽  
Erp System ◽  
Financial Index ◽  
Enterprise Management System

Working capital management is an important part of enterprise management system, to the enterprise performance and efficiency of access to produce very big effect. ERP system as an advanced management system have been applied in many enterprises in our country. Many enterprises have been got after the implementation of ERP enterprise financial index significantly improve, but there are a large part of the enterprise after the implementation of ERP financial indicators have not been improved. Too much even for ERP investment brings to the enterprise financing difficulties. How to improve the efficiency of the implementation of the ERP, which in the management of working capital factors will affect the success of the ERP implementation. The implementation of ERP will bring what kind of impact, especially the influence on the management of working capital is worth thinking about.

An Ensemble Learning Model Based on SOM-SVM Model for Personal Credit Risk

2011 ◽  
Vol 271-273 ◽  
pp. 1286-1290
Author(s):  
Yan Feng Guo ◽  
Na Sun ◽  
Yuan Yao
Keyword(s):  
Credit Risk ◽  
Financial Management ◽  
Financial Risk ◽  
Credit Scoring ◽  
Experimental Result ◽  
Ensemble Model ◽  
Single Model ◽  
Personal Credit ◽  
Svm Model ◽  
Management Area

Credit risk problem is an essential problem in financial management area. People usually employ personal credit scoring to avoid financial risk problem. Although many methods have been proposed for evaluating the personal credit scoring and obtained good effects, most of these methods were called single model types, which would be disturbed by model self-parameter, data noise and other external factors. In order to overcome the weakness of single model, we believe one of best ways is to construct an ensemble model. In this paper, we proposed a new style of ensemble model and employed two public credit datasets to certify the validity of our ensemble model. The experimental result shows that the ensemble SOM-SVM model can overcome the single model weakness and improve the accuracy of classification, which is good for constructing a better credit scoring system in future.

Mild parkinsonian signs and psycho-behavioral symptoms in subjects with mild cognitive impairment

2008 ◽  
Vol 20 (1) ◽  
pp. 86-95 ◽  
Author(s):  
Luca Rozzini ◽  
Barbara Vicini Chilovi ◽  
Erik Bertoletti ◽  
Marta Conti ◽  
Ilenia Delrio ◽  
...  
Keyword(s):  
Cognitive Impairment ◽  
Mild Cognitive Impairment ◽  
Cognitive Functions ◽  
High Performance ◽  
Sleep Disturbances ◽  
Rating Scale ◽  
Behavioral Symptoms ◽  
Disease Assessment ◽  
Low Performance ◽  
Gait Abnormalities

ABSTRACTBackground: Mild cognitive impairment (MCI) may be accompanied by extra pyramidal signs (EPS), which are related to the severity and type of cognitive impairment. We aimed to elucidate further the relationship between MCI and EPS, analyzing the correlation between the severity of EPS and cognitive functions, and the presence of EPS and neuro-psychiatric features.Methods: Data were obtained from a longitudinal study of 150 MCI outpatients. Participants underwent a clinical assessment including the Unified Parkinson Disease Rating Scale, the Neuropsychiatric Inventory, the Tinetti Scale, and a standardized neuropsychological battery. Mild EPS could be defined as being present (MCI with mild EPS) using a subscale of UPDRS, based on three specific symptoms: bradykinesia, rigidity and tremor.Results: The two groups, one with mild EPS (24%) and one without EPS (76%), differed in gait abnormalities and presence of extrapyramidal symptoms. Groups did not differ in terms of general cognitive functions evaluated using the Mini-mental State Examination, while subjects with MCI with mild EPS performed significantly worse than those with MCI without EPS in total global score and in non-memory items of the Alzheimer's Disease Assessment Scale. Moreover, severity of EPS was significantly correlated with low performance on executive functions and with high performance on episodic memory. The group with MCI with mild EPS were observed to have a greater prevalence of patients with anxiety, depression, apathy and sleep disturbances than in MCI without EPS.Conclusion: MCI may be associated with mild parkinsonian signs, the severity of which are related to the severity of cognitive impairment, in particular of non-memory functions, and to a differential pattern of psycho-behavioral symptoms.

Interpersonal Stress, Performance Level, and Parental Support: A Longitudinal Study among Highly Skilled Young Soccer Players

1995 ◽  
Vol 9 (2) ◽  
pp. 225-241 ◽  
Author(s):  
Nico W. VanYperen
Keyword(s):  
Parental Support ◽  
Longitudinal Design ◽  
Young Male ◽  
Performance Level ◽  
Soccer Players ◽  
Interpersonal Stress ◽  
The Social ◽  
Highly Skilled ◽  
Low Performance ◽  
Negative Feelings

This study of 65 highly skilled young male soccer players (mean age = 16.6 years) employed a 7-month longitudinal design to examine the causal relationship between performance level and interpersonal stress within the team. Particular attention was paid to the moderating effect of parental support. No evidence was found that interpersonal stress within the team was an important determinant of performance level. Rather, a low performance level leads to negative feelings about the social climate within the team. But this is only true under specific circumstances (i.e., when there is a perceived lack of parental support). The theoretical and practical implications of these results are discussed.

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