scholarly journals Are We Really Lacking the Effectiveness of Financial Resource Management in the Defence Sector?

2020 ◽  
Vol 19 (1) ◽  
pp. 5-15
Author(s):  
Gábor Bencsik
Keyword(s):  
Resource Management ◽  
Free Rider ◽  
Financial Resource ◽  
Financial Resources ◽  
Recent Past ◽  
Budget Share ◽  
Defence Budget ◽  
Defence Sector ◽  
Article 5

Recently, the increase of spending in the sector of defence has opened up larger and larger spaces for the development / modernisation potential of individual countries. However, in this “resource overflow”, the effectiveness of the use of financial resources for defence is undermined. This study takes a look at the dangers of the ever-decreasing defence budget share (dangers well known in economics and well known in the field of defence sphere in the recent past) and the “free-rider effect” observed in different members states of the NATO (related to e.g. NATO Article 5) and reviews the effectiveness of financial resource management.

scholarly journals Improvement of the financial resources management system of tourist enterprises and methodological approaches to the analysis of the efficiency of their productivity

2020 ◽  
pp. 28-31
Author(s):  
Anna IVASHCHENKO ◽  
Vladyslav BABIIETS ◽  
Anastasiia BLORINA
Keyword(s):  
Resource Management ◽  
Economic Efficiency ◽  
Financial Management ◽  
Tourism Industry ◽  
Financial Resource ◽  
Practical Significance ◽  
Financial Resources ◽  
Resources Management ◽  
Survival And Development ◽  
Tourism Enterprises

The paper considers the conceptual basis of financial resources management of tourism enterprises. The essence of economic efficiency of tourist enterprises is revealed from the following aspects: definition of standards and efficiency indicators; their impact on the enterprise; process of management of financial resources of tourist enterprises. The system of management of financial resources for tourist enterprises is considered. Formulation of the problem. The current stage of economic development of the management of the financial system of tourism enterprises is becoming increasingly important, as financial resources are the main resources for the survival and development of enterprises. The purpose of the paper is to develop financial resource management systems for tourism enterprises and the main ways to improve it; in addition to studying the problems and generalizing the concepts related to the effective functioning of the tourism industry. It opens up new options for possible directions of development. Presentation of research material. In enterprises, financial resources are the object of financial management. One of its tasks is to make a number of decisions on the formation and operation of the best structure of financial resources to increase the company's profits. This method requires a lot of work on the analysis, as well as the results of the assessment of various situations: the state of the structure and use of financial resources; resource requirements and methods of resource use. Based on the findings of the analysis to develop several forecasts of financial resource management models. The modern set of indicators makes it possible to analyze the internal and external forms of economic efficiency. The practical significance of the obtained results can improve the quality of economic analysis of the efficiency of travel companies.

EVALUATING THE EFFECTIVENESS OF USING FINANCIAL RESOURCES OF MEDICAL ORGANIZATIONS

2020 ◽  
Vol 2 (7) ◽  
pp. 32-38
Author(s):  
S. S. BUDARIN ◽  
◽  
Yu. V. EL’BEK ◽  
V. O. VATOLIN ◽  
◽  
...  
Keyword(s):  
Resource Management ◽  
Medical Care ◽  
Healthcare Reform ◽  
Health Sector ◽  
Financial Resources ◽  
Medical Organization ◽  
Resources Management ◽  
Material Resources ◽  
Public Resources

In the context of the Moscow healthcare reform that has been carried out in recent years, the issues of evaluating the effectiveness of financing the healthcare system and the performance of medical organizations in providing medical care to the population are particularly relevant. Given the limited public resources allocated to the health sector, the quality of management of available financial, human and material resources is becoming more important. The article considers the application of the method of assessing the quality of resource management, introduced in Moscow since 2016, and its results in terms of evaluating the effectiveness of financial resources. It is revealed that the effectiveness of financial resources management is influenced by certain indicators that characterize the organization of management of the main activities of a medical organization.

scholarly journals Organizational Structure and Financial Resource Management of Universities

2019 ◽  
Vol 8 (3S3) ◽  
pp. 206-212
Keyword(s):  
Resource Management ◽  
Data Collection ◽  
Organizational Structure ◽  
Financial Management ◽  
Financial Resource ◽  
State University ◽  
Institutional Policies ◽  
Organizational Goals ◽  
Secondary Sources ◽  
University Finance

Organizational structure refers to the established pattern of relationship among the parts of an organization. Financial management is directly concerned with finance of any organization. For achieving the organizational goals of a university finance is an integral part of management which depends on great deals of institutional policies. The sample of this study comprises of two universities i.e. Gauhati University as state university and Tezpur University as central university. Secondary sources were used as tools for data collection. The result derived indicated that there was a difference between state and central university regarding organizational structure and financial resource management.

scholarly journals Financial Resource Management and Its Influence on Students Academic Performance in Public Secondary Schools In Langata Sub-County, Nairobi County-Kenya

2021 ◽  
Vol 9 (11) ◽  
pp. 2658-2737
Author(s):  
Martin Okoth Odide
Keyword(s):  
Academic Performance ◽  
Public Schools ◽  
Resource Management ◽  
Secondary Schools ◽  
School Environment ◽  
Financial Stability ◽  
Ethical Issues ◽  
Sampling Technique ◽  
Target Population ◽  
Financial Resource

The aim of the study was to examine the influence of financial resource management on the students’ academic performance in public secondary schools in Lang’ata sub-county, Nairobi County- Kenya. The study was premised on behavioural leadership theory propounded by Kurl Lewin in the 1930’s which emphasizes that people can learn to become leaders through training and observation. The following research questions were formulated to guide the study: What is the influence of budget management on students’ academic performance in public secondary schools in Lang’ata sub – county, Nairobi County? ; What is the influence of financial controls on the students’ academic performance in public secondary schools in Lang’ata sub – county, Nairobi County? ; What challenges do Principals of Public secondary schools face in the management of finances?; What strategies, with regard to financial resource management, are used by Principals of Public secondary schools in Lang’ata sub-county to improve academic performance?   Descriptive research design was adopted for the study. The study was conducted in public secondary schools. The target population comprised five (5) public secondary schools. Purposive sampling technique was used to draw 5 principals, 5 bursars, 5 B.O.M representatives, 15 H.O.Ds, 30 teachers and 200 students’ representatives giving a total of 260 participants. Data was collected using questionnaires, interview schedules, and observation schedules. A pilot test was conducted on some staff to ensure the validity of the instruments. Data obtained through open-ended questionnaires was analysed using descriptive and inferential statistics. Ethical issues such as confidentiality, informed consent, privacy and anonymity were given paramount considerations. Therefore, the findings of the study revealed that financial resources management can truly affect student’s academic performance. Furthermore, the researcher found out that not all staffs are involved in budget making or financial plans of the schools. Additionally, the researcher found out that most students are suffering due to lack of finances by their parents and guardians. Finally, financial stability goes hand in hand with educational success. Truly all teachers and staff need full adequate finances in order to ensure that the school’s programs run smoothly and with ease for all. Also the researcher found out that most students studying in public schools have fees challenges, especially those in the slums like Kibera constituency – Lan’gata Sub County. The study recommends that all Bursars and Boards of Management Representatives should be appointed with their merit certificate to the specific spot of the work in order to avoid any corruption in the field of their duties within the school environment. Additionally, students, should be provided with adequate teaching/learning materials; the teachers, heads of departments, finance committee, top management and the principal should treat the students fully as learners, and they should not dismiss any student from the school due to lack of fees; they should also provide counselling/ social workers departments to check on the students welfare and their mental problems regularly.  Finally, the study recommended the following for further study; financial resource management and its influence on student’s academic performance in private secondary schools in Lang’ata sub-county, Nairobi county-Kenya: to find out whether there are similarities in the findings of the study between public secondary schools and private secondary schools.R

scholarly journals Flypaper Effect of Regional Expenditures in Yogyakarta

2018 ◽  
Vol 2 (3) ◽  
Author(s):  
Muh Rudi
Keyword(s):  
Local Governments ◽  
Capital Expenditure ◽  
Financial Resources ◽  
Local Autonomy ◽  
Flypaper Effect ◽  
Regional Autonomy ◽  
Local Revenue ◽  
Local Taxes ◽  
Article 5 ◽  
Stimulation Of

One of the consequences as a  result of the implementation of regional autonomy is that local governments must have sufficient financial resources to pay their autonomy government. The financial capacity of local governments would determine the ability of local governments to perform the functions of government. Considering Article 5 of Law No. 33, 2004, sources of regional revenue are regional revenues, balance funds/ transfers and financing. When local revenue comes from the transfers, the stimulation of expenditure is different from the stimulation that arises from local revenue (especially local taxes). This study focuses on identifying the flypaper effect on expenditure areas and its classification with samples of five districts and cities in Yogyakarta during 2006-2015. This paper argued that during the period among flypaper did not occur in the expenditure area and sub expenditure areas. In addition, flypaper found only in capital expenditure, while expenditure is not a suspect. Keywords: flypaper, autonomy and fiscal needs, local autonomy, Yogyakarta

scholarly journals A review of appropriate indicators for need-based financial resource allocation in health systems

2021 ◽  
Author(s):  
maryam radinmanesh ◽  
farbod ebadi fard azar ◽  
asgar aghaie hashjin ◽  
behzad najafi ◽  
reza majdzadeh
Keyword(s):  
Resource Allocation ◽  
Health Systems ◽  
English Language ◽  
Geographical Area ◽  
Health Indicators ◽  
Financial Resource ◽  
Financial Resources ◽  
Standardized Mortality Ratio ◽  
Moral Norms ◽  
Care Needs

Abstract Background optimal need-based financial resource allocation is one of the most prominent concerns of health systems; various criteria are required to guarantee its fairness. The aim of the present study was to identify the indicators needed to allocate financial resources in the world's health systems through a comprehensive review of studies. In this systematic review, all articles and reports published about need-based financial resource allocation in health systems between 1990 to 2020 in the reputable English language databases including PubMed, Cochrane, Scopus, Persian language databases such as magiran, SID and Google and Google scholar search engines were searched and studied. Of 823 articles found, 29 articles met the inclusion criteria for this study and were analyzed by the content analysis method using MAXQDA (version 10) software. result Many need-based resource allocation formulas attempt to estimate health care needs using weighting methods for individuals. The most commonly used indicators were: age, gender, socio-economic status or deprivation, ethnicity, standardized mortality ratio (SMR), modified health indicators (disease consequences, self-assessed health and disability), geographical area / place of residence (geography) (rural versus urban), cross-boundary flows, cost of services and donations. Conclusion The indicators used in the allocation of the financial resources of the health system in each country must be simple and transparent and at the same time must be in accordance with the moral norms of that society, must be a good representative of the people’s health needs in different geographical areas of that country and their information must be available (to an acceptable extent).

DOES SMALL AND MEDIUM ENTERPRISE (SME) FINANCIAL RESOURCE BUILDING EFFORT ON PERFORMANCE DESERVE ATTENTION?

2018 ◽  
Vol 05 (08) ◽  
pp. 20-28
Author(s):  
Joseph Owusu ◽  
Mohd Hassan Bin Mohd Osman ◽  
Mohammad Bin Ismail ◽  
Benjamin Agyeman
Keyword(s):  
Firm Performance ◽  
Conceptual Model ◽  
Model Analysis ◽  
Financial Resource ◽  
Financial Resources ◽  
Small And Medium Enterprise ◽  
Medium Enterprise

Often times it is argued that firm’s resources most especially financial resources have significant impact on performance. However, in spite of the indelible phenomenal impact of financial resources exhibit toward firm performance, relatively, the attention (effort) pay in building this financial resource is less examined. Relied on this assertion, this paper sought to engage attention-based view theory to develop a conceptual model to investigate whether financial resource building effort via sources of finance are able to result in SME performance. If the theoretical and conceptual model analysis confirm the above mentioned hypothesis, we can conclude that financial resource building effort by SMEs have wrongly been disregarded, which we anticipate to initiate further standpoint of studies.

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