scholarly journals Impact of Merger on Operational and HR Efficiency: A Case Study of the State Bank of India

2021 ◽  
pp. 87-99
Author(s):  
Sanjana S. Shenoy ◽  
Shailashri V. T.
Keyword(s):  
Financial Performance ◽  
Financial Analysis ◽  
Market Performance ◽  
The State ◽  
Employee Productivity ◽  
Ratio Analysis ◽  
Performance Parameters ◽  
Secondary Sources ◽  
Asset Quality

Purpose: Analysing financial performance is one of the popular methods for measuring operational efficiency of a firm. Ratio analysis is an important tool of financial analysis. The analysis of key performance parameters enables diverse group of stakeholders to obtain information about profitability and growth prospects. Mergers and acquisitions are popular means of inorganic growth. The Indian Banking Industry has used this effective tool to consolidate and grow in size. Through M&A, acquired banks get a new name, structure, products and services. However, the risk of NPAs continues to be a major problem for banks. In order to study the effectiveness of a merger, analysing financial performance prior to and after merger becomes important. The State Bank of India merger has been taken up for the study, since following the merger there is a substantial increase in both the market share as well as asset base of the bank. Design/Methodology/Approach: This paper studies the result of mergers on financial indicators, market performance, asset quality, liquidity position and employee productivity of SBI after it merged with its 5 associate banks and BMB through ratio analysis. The ratios indicating the performance parameters have been taken from secondary sources such as moneycontrol.com, stock-financials.valuestocks.in. etc. A comparison of various financial ratios is made to determine the change in the performance parameters of the bank. Findings/Result: The study highlights reduction in profitability, increase in cost to income ratio, slight improvement in liquidity, decline in asset quality and market performance and a slight decrease in employee productivity after the merger. Originality/Value: This paper studies the effectiveness of mergers in terms of change in key financial performance parameters. Paper Type: Research Case Study based on company financial analysis.

scholarly journals Financial analysis and corporate governance of AA: A case study

2019 ◽  
Vol 16 (2) ◽  
pp. 19-24 ◽  
Author(s):  
Philip Law ◽  
Desmond Yuen
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Financial Analysis ◽  
Operating Performance ◽  
Cash Flows ◽  
Ratio Analysis ◽  
Financial Leverage ◽  
Financial Reports ◽  
Good Corporate Governance

This paper evaluates AA’s financial performances by analyzing its financial reports throughout 2010 to 2012 using ratio analysis. Strengths and weaknesses are identified. Quantitative ratio analysis (liquidity measurement, profitability indicators, financial leverage/gearing, operating performance and investment valuation) indicates AA scores satisfactory among the five indicators, implying good corporate governance positively enhances financial performance. Positive cash flows reveal satisfactory liquidity positions. Results provide implications for companies to maintain better corporate governance in future.

Out-migration in Uttarakhand Himalaya: its types, reasons, and consequences

2021 ◽  
Vol 18 (3) ◽  
pp. 281-295
Author(s):  
Vishwambhar Prasad Sati
Keyword(s):  
Rural Development ◽  
Rural Areas ◽  
The State ◽  
Interim Report ◽  
Urban Centers ◽  
Secondary Sources ◽  
The Status ◽  
And Migration ◽  
Uttarakhand Himalaya

This study examines the types, reasons, and consequences of out-migration in the Uttarakhand Himalaya. Data were collected from secondary sources, mainly from an interim report on the status of migration in revenue villages of Uttarakhand, published by the ‘Rural Development and Migration Commission, Pauri Garhwal, Uttarakhand’ in 2018. The district-wise analysis was carried out on the types of migration, reasons for migration, age-wise migration, the destination of migrants, and migration’s consequences in terms of depopulation in rural areas. Further, a case study of a village was carried out. The study reveals that in three districts – Pauri, Tehri, and Almora, more than 10% population out-migrated after 2011. Similarly, an exodus migration took place from more than 10% of villages of the same districts. This study further shows that migration is mainly internal – from the mountainous districts to urban centers, within the districts or within the state. About 734 villages are depopulated, and in 367 villages, the population has decreased by more than 50%. Unemployment is the major problem in rural areas as more than 50% of out-migration occurred for employment. 

Assessment of Financial Performance of Agricultural Cooperative Unions: The Case of West Harerghe Zone, Oromia Region, Ethiopia

2020 ◽  
Vol 8 (9) ◽  
pp. 86-104
Author(s):  
Buta Debela Bonsa ◽  
Kerima Rahmeto Ebrahim
Keyword(s):  
Financial Performance ◽  
Financial Analysis ◽  
Balance Sheet ◽  
Free Cash Flow ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Agricultural Cooperative ◽  
Secondary Sources ◽  
Current Asset ◽  
Asset Turnover

Financial statement analysis involves comparing cooperative union performance and evaluating trends in the unions’ financial position over time. Managers use financial statement analysis to identify situations demanding attention; potential lenders use financial analysis to determine whether the union is creditworthy; and stockholders use financial analysis to help predict future earnings, dividends, and free cash flow.  This study is conducted on Assessment of Financial performance of Agricultural Cooperative unions: the Case of West Harerghe zone, Oromia region, Ethiopia. The general objective of this study was to evaluate financial performance of agricultural cooperative union. For this study, the researchers used both primary and secondary sources of data taken from purposively selected two cooperative unions (i.e. Burka Galeti and Chercher Oda bultum) since they do have audited financial statements out of five unions found in western Haraghe. The study also used FGD and interview with fiancé managers and employees of the union for further explanation. Based on the financial statement analysis the researchers found that the agricultural cooperatives are efficient and effective in asset utilization, activity and debt equity management ratios. However, the financial statement analysis showed that the current asset ratio is below the industry standard   that cannot cover its short term liabilities form its current asset section of the balance sheet. Moreover, the profitability ratio of the unions revealed that the agricultural cooperative unions are efficient to make profit but the margin of profit is below 25% that cannot make the union successful to cover all the incidental costs that are borne within short and long-term periods. The OLS model revealed that quick, fixed asset turnover, total asset turnover, inventory turnover and gross profit margin ratios are significantly and positively affecting ROA. As a result, the researchers recommend that the agricultural cooperative unions are expected to improve its effective and efficient management of the day to day activities of the union. Furthermore, the unions are expected to higher managers who have the caliber to manage each and every activities of the union and who are visionary to bring success for the unions.

scholarly journals Cash flow ratios in financial statements: an application for stone and land based industry sector

2016 ◽  
Vol 3 (1) ◽  
pp. 10 ◽  
Author(s):  
Furkan Yıldırım ◽  
Burcu Ilgaz Yıldırım ◽  
Serap Alkaya
Keyword(s):  
Financial Performance ◽  
Cash Flow ◽  
Financial Reporting ◽  
Financial Analysis ◽  
Ratio Analysis ◽  
Flow Ratio ◽  
Financial Reporting Standards ◽  
Industrial Companies ◽  
Income Statement ◽  
Cash Flow Statement

International Financial Reporting Standards (UFRS) has made publishing cash flow statement mandatory, along with balance and income statement. In Turkey, Turkey Accounting Standards Board has published TMS 7 that is compatible with UFRS. TMS 7 requires that cash flow statement be documented in an action-based format. There are some studies discussing the effectiveness of action based cash flow statements for the use of analysis. Cash flow ratios have been used more frequently in financial performance assessment after UFRS made cash flow statement publishing mandatory. Cash flow ratio analysis requires the cash flow ratios to be calculated and interpreted. After the analysis, the action results of the company is assessed based on financial performance.  In this study, the cash flow ratio analysis of stocks of stone and land based industrial companies on ISE between 2012 and 2014. The purpose of this study is to assess the various dimensions of the companies performances using cash flow ratios.Keywords: Cash flow, ratios, financial analysis, finance.

scholarly journals ANALISIS PROFITABIITAS DALAM MENILAI KINERJA KEUANGAN UMKM JASA STUDIO KITA PESERTA PROGRAM MAHASISWA WIRAUSAHA (PMW) POLITEKNIK NEGERI BATAM

IQTISHODUNA ◽  
2016 ◽  
Vol 1 (1) ◽  
pp. 53-64
Author(s):  
Shinta Wahyu Hati ◽  
Selvy Agita Ningrum
Keyword(s):  
Financial Performance ◽  
The State ◽  
Ratio Analysis ◽  
Profitability Ratios ◽  
A Company ◽  
Productivity Ratio

Studio Kita is a company in the scale of SMEs. It is a company owned by student a participant of theStudent Entrepreneurial Program (Program Mahasiswa Wirausaha) Politkenik Negeri Batam. The purpose ofthis study is 1) to determine the level of financial performance by using the ratio of profitability. 2). todetermine the effect of the productivity ratio analysis in the Company’s profitability. Based on the calculationand analysis of profitability ratios period October 2013 to February 2014 the Company’s financial performanceof Studio Kita show that the state is not good enough or not efficient because it tends to decrease very large,while based on the calculation and analysis of the ratio according to the Regulation of the Minister ofCooperatives and SMEs Republic Indonesia Number 06/Per/M.KUKM/V/2006 the company in the categoryof ”unhealthy”. Based on the analysis of profitability ratios that have been made to the Company’s financialstatements Studio Kita from the period October 2013 to February 2014, it can be concluded that the companyby using its profitability will determine the ability to generate profits and these profits will be the size of thedevelopment of enterprise productivity that can help companies to improve its performance and productivity.

scholarly journals EFFECT OF FINANCIAL PERFORMANCE AGAINST MARKET PERFORMANCE IN BANKING

2018 ◽  
Vol 2 (1) ◽  
pp. 1-5
Author(s):  
Desry Ponisa Putra ◽  
Seto Sulaksono Adi Wibowo
Keyword(s):  
Data Analysis ◽  
Financial Performance ◽  
Stock Returns ◽  
Stock Exchange ◽  
Market Performance ◽  
Simple Linear Regression ◽  
Capital Asset ◽  
Independent Variables ◽  
Banking Market ◽  
Asset Quality

This study aims to examine the effect of the financial performance of the banking market performance. This study used a sample of banking companies listed in Indonesia Stock Exchange 2011-2013. Financial Kineja measured using CAMEL (Capital, Asset Quality, Management, Earnings and Liquidity). market-based financial performance is measured by stock returns, variable we used in this study are the independent variables which covers CAR, DER, ROA, LDR. Data research using panel data and methods of data analysis using simple linear regression. influence the financial performance against the performance of the market is not particularly a significant impact on the performance of banks.

scholarly journals Financial Analysis of the State Forestry Organizations: Example of Turkey

2021 ◽  
pp. 34-47
Author(s):  
Ufuk Demirci
Keyword(s):  
Financial Analysis ◽  
Balance Sheet ◽  
The State ◽  
Positive Development ◽  
Steady Increase ◽  
Positive Trend ◽  
Ratio Analysis ◽  
Forestry Sector ◽  
Income Statement ◽  
The Given

In countries where the state is the main owner of the forest resources, forestry activities are carried out with allocated shares from government budget resources. In order to ensure effective and efficient use of financial resources and determine whether forestry goals and targets are achieved, it is necessary to perform financial analysis of public forestry institutions. In Turkey, where the state owns majority of forests, the General Directorate of Forestry (GDF) is the main responsible institution for the management of the forestry sector. This study aimed to make financial statement analysis of working capital budget of the GDF, by applying horizontal analysis, vertical analysis, trend analysis and ratio analysis. In this context, balance sheet and income statement of GDF for the period of 2015-2019 are analyzed. It is determined that in the given period, due to increase in “trade receivables”, “other receivables” and “inventories” accounts, total current assets have shown a positive trend. Also there is a steady increase in the equity, which can be considered as a positive development for the GDF. Gross sales and net sales amount doubled in the given period and, by keeping cost of sales and operating expenses under control, net profit of the GDF showed significant increase especially in last three years. Moreover, ratio analysis results revealed that GDF has capacity to satisfy its current and long-term liabilities and increased its profitability in the mentioned period.

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