The effect of working capital management and credit management policy on Jordanian banks’ financial performance

This study investigated the impact of Working Capital Management (WCM) and Credit Management Policy (CMP) on the Financial Performance (FP) of Jordanian banks (JB). The study data were obtained from 16 Jordanian banks listed on the Amman Stock Exchange (ASE) between 2017 and 2020. The study used panel data to investigate the relationship between the two independent variables, WCM and CMP, and the dependent variable FP; 64 financial reports to Jordanian banks were analyzed to measure this relationship. To test hypotheses, multiple regression was used. The study found a statistically significant relationship between WCM and FP, and the independent variable was able to explain 34.1% of the changes that occur in the dependent variable. In addition, the outcome approved that there is a statistically significant relationship between CMP and FP. Furthermore, CMP explained about 41.8% of changes in the dependent variable. The findings of this study indicate support for the banks’ performance; a bank may need to lengthen client credit terms, prolong the cash transfer cycle, and require a more extended payment period when judging on WCM. Acknowledgment The publication of this research has been supported by the Deanship of Scientific Research and Graduate Studies at Philadelphia University – Jordan.

Empowering Small Businesses with Financial Technology: The Road Less Travelled

Financial services remain untapped by most of the small business owners in Bangladesh. This limited access to mobile financial services and FinTech presents a business opportunity for the FinTech startups in the market. TallyKhata and Upayare digital financial services platforms visualizing to capture the untapped sector by becoming one of the first movers in the industry. This article has studied the cases of TallyKhata and Upay in empowering small businesses in Bangladesh through the services that have made business transactions and credit management hassle-free.

Environmental responsibility and financial policy of the company: methodological aspects of the analysis

The actualization of environmental problems makes it necessary to study them in connection with the financial and economic aspects of the modern company. The main content of the monograph is formed by the conceptual, theoretical and methodological aspects of the analysis of corporate financial policy, studied in conjunction with the study of the factors of environmental responsibility of the company. The necessity of revision is analyzed and the directions of improvement of the methodological apparatus for the formation and implementation of financial policy in new conditions are determined. Particular attention is paid to the empirical analysis of indicators of environmental responsibility and environmental efficiency at different organizational levels. The results obtained are valuable in order to improve corporate practices for managing environmental responsibility factors and improving the financial efficiency of companies. For a wide range of readers, including researchers, practitioners, postgraduates, applicants and students studying in the areas of "Economics", "Finance and Credit", "Management".

CREDIT MANAGEMENT STRATEGIES AND FINANCIAL PERFORMANCE OF INDUSTRIAL GOODS SECTOR IN NIGERIA

The influence of credit management methods on the liquidity and profitability of listed industrial goods firms in Nigeria was investigated in this study. It was decided to use a descriptive survey study design. The sample population for which copies of the questionnaire were distributed was 400 respondents, representing 65% of the population. The participants provided 355 valid responses, which were examined. For descriptive statistics, one-way ANOVA was utilized, and to test the hypotheses, a basic regression analysis method was applied. The results showed that the credit risk assessment, debt recovery strategy, and receivable collection policy sub-variables have a positive and statistically significant impact on the liquidity sub-variables - ability to pay, level of bad debt, and cash inflow. Liquidity had a positive and statistically significant effect on profitability. The study thus, suggest that companies in the industry should enhance their liquidity in order to achieve the targeted profit level by having effective credit terms and proper risk assessment strategy, designing and implementing debt recovery plans to aid collection of the overdue debt, adopting a stringent credit collection method, and employing and retained qualified accountants and credit administrators with excellent knowledge of credit control techniques.

A Comparative Evaluation of the Effects of Credit Risk Control on the Profitability of Micro-Finance Bank

When assessing lending applications, banks face the problem of inadequate information needed to screen potential borrowers. The relevant information needed to evaluate the commitment of the entrepreneur and the likelihood of the business is challenging to interpret or even absent. This creates risk for the banks. Therefore, it is of paramount importance to give much consideration to credit management first before embarking on lending. In this research, we used both primary and secondary sources. We adopt a multi-stage sampling method by selecting a set of 21 respondents from a population of 52 credit officers. Questionnaires were used to collect data from the respondents while descriptive and inferential statistics were used to analyze the data collected and in testing the hypotheses. Specifically, we used simple percentage and regression analysis. We used the software SPSS (Statistical Package for Social Science) to implement the statistical techniques mentioned above. The results showed that microfinance banks need to strengthen their credit risk control measures to increase their profitability. This is because if properly adopted it helps to decrease the percentage of payments defaults. Credit management is important in improving the financial performance of microfinance banks and this is attributed to the fact that sounds and grounded credit management (client appraisal) allowed the bank to be efficient and have the availability of liquidity.

Sustainability Strategies for Strengthening Agricultural Systems in Quimiag Parish, Riobamba Canton

The Quimiag parish in Riobamba canton is purely agricultural. For this reason, this study aimed to develop sustainability strategies to strengthen its agricultural systems. 24 communities were involved in the research and 312 Agricultural Productive Units (UPAs) were surveyed. Basic information was collected and then a proposal was developed using the logical framework matrix methodology and focusing on 3 sustainability components: social, productive and economical. In terms of the social component, it was observed that producers were on average 46 years old and 65% of producers had a primary education. In terms of the production component, we found that maize, beans and potato are the main agricultural products, while dairy cattle, cuyes and pigs are the main livestock in the area. Capacity building, production technology, production credit management and the generation of partnerships with state institutions and private companies are the main sustainability strategies proposed for the Quimiag parish, and adopting these would lead to improvements in profitability rates. Keywords: sustainability, agricultural systems, economic indicators, Quimiag. RESUMEN La parroquia Quimiag perteneciente al cantón Riobamba, es netamente agropecuaria, por este motivo el presente estudio tiene por objetivo crear estrategias de sostenibilidad para fortalecer los sistemas agropecuarios de sus productores. Para realizar la investigación se contó con la participación de 24 comunidades y de ellas se muestreo a 312 Unidades Productivas Agropecuarias (UPAs), a las cuales se les aplicó una encuesta que permitió levanter información base para posteriormente elaborar la propuesta utilizando la metodología de matriz de marco lógico, y la cual está enfocada en 3 componentes de sostenibilidad que son: social, productivo y económico. En el componente social se obtuvo que los productores tienen una edad promedio de 46 años y el 65% de los productores tienen instrucción primaria. En el componente productivo se obtuvo que el maíz, fréjol y papa son los principales productos agrícolas, mientras que el ganado lechero, cuyes y cerdos son los principales rubros pecuarios de la zona. El fortalecimiento de capacidades, tecnificación de la producción, gestión de créditos productivos y generación de alianzas con instituciones del estado y empresas privadas, son las principales estrategias para la sostenibilidad de la producción de la parroquia Quimiag con los cuales se mejoraría los índices de rentabilidad. Palabras claves: sostenibilidad, sistemas agropecuarios, indicadores económicos, quimiag.

Control Mechanisms in Credit Management of Motorcycle Dealers in Camarines Norte, Philippines

This research assessed the control mechanisms in credit management of motorcycle dealers in Camarines Norte. Specific information were gathered pertaining to the profile of motorcycle dealers in terms of initial capital investment, length of business operation, average annual sales, average annual installment sales, number of employees assigned in collection, and training attended by collection personnel ; credit management employed by motorcycle dealers; level of assessment on the control mechanisms in credit management; and the significant relationship between the profile of the respondents and their level of assessment. Findings revealed that most of the respondents have at least five million and above initial capital investment with at least one million average annual installment sales. Also, their dealership business had been existing for ten years already with three to five personnel in-charge in the collection of payments, and been given the opportunity to attend to relevant trainings for at least three to five times a year. Accordingly, credit investigation and item repossession policy are among the commonly employed and existing credit management policies of the motor dealers. Further, the credit management’s control mechanisms along credit, billing, collection and imposition of penalties are highly observed by the motor dealers. The hypothesis when tested revealed a significant positive relationship which suggest that as the number of trainings attended by employees increases their level of assessment on the control mechanism in credit management in terms of collection also increases. The study strongly recommends regular conduct of training to personnel in-charge in collection, the adoption of computerization in recording transactions and giving of incentives to personnel who have reached the collection quota.

ANALISIS PENGELOLAAN KREDIT PADA PT. BANK PERKREDITAN RAKYAT GANTO NAGARI 1954 LUBUK ALUNG KABUPATEN PADANG PARIAMAN

The purpose of this study is to inscrease knowledge about how to analyze credit management at PT. Bank Perkreditan Rakyat Ganto Nagari 1954 Lubuk Alung Kabupaten Padang Pariaman. The method of data analysis is using quantitative data and qualitative data as a research method. From the results of the study for the 2017-2018 period, the number of non-performing loans has decreased by 30% and in the 2018-2019 period there has been another decline of 0.70% and this proves that the credit management carried out has been running smoothly good.

Aktivitas Pemberian Kredit Usaha Pada PT. Bank Perkreditan Rakyat (BPR) Batang Tarusan

The purpose of this study was to determine how credit management at PT. Bank Perkreditan Rakyat Batang Tarusan in the 2015-2019 period. The research method used is a qualitative method. The results of the discussion of the Activities of Business Loans at PT. Bank Perkreditan Rakyat Batang Tarusan in accordance with established procedures, starting from credit applications, credit application analysis, credit application surveys, credit analysis, loan cammites (decision makers), credit contracts, credit disbursement and credit supervision