ABSTRACT
The aim of this research project is to access
The Impact of Effective Financial Management and in the Performance of Public
Enterprises. PHCN here in Umuahia was used as a case study. Presentation and
critical analysis of the different views and opinions of writers and authors
was generally devoted review some existing literature on financial management,
other information were gotten from primary and secondary data, through the
distribution of questionnaire total population that was used is 40 and the
sample gotten was 36 through the use of the formula, n=N/(1-I-N(e2)). In the
hypothesis testing chi-square and simple percentage was used. From the findings
it was found out that the use of financial management tools in the operation of
public enterprises was positive or of great help and that those financial
management tool have not been effectively used in the management of public
enterprises. From the findings it was recommended that: Qualified financial
managers should be employed to handle these tools effectively in the management
of finances in the enterprises. Good incentives should be given to financial
managers as a motivation to effectively apply or use these financial management
tools. The financial performance of these enterprises cannot be assessed without
the reports of these financial statement. Therefore these public enterprises
should be required to submit their audited accounts regularly to the
legislative or any other authority it may be accountable to, this will go a
long way to ensure that these tools of financial management are effectively
used.
ONYEKWERE, P (2021). The Impact Of Effective Financial Management In The Performance Of Public Enterprises In Nigeria (A Case Study Of PHCN) . Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/the-impact-of-effective-financial-management-in-the-performance-of-public-enterprises-in-nigeria-a-case-study-of-phcn-7-2
PRECIOUS, ONYEKWERE. "The Impact Of Effective Financial Management In The Performance Of Public Enterprises In Nigeria (A Case Study Of PHCN) " Mouau.afribary.org. Mouau.afribary.org, 07 Jul. 2021, https://repository.mouau.edu.ng/work/view/the-impact-of-effective-financial-management-in-the-performance-of-public-enterprises-in-nigeria-a-case-study-of-phcn-7-2. Accessed 01 Nov. 2024.
PRECIOUS, ONYEKWERE. "The Impact Of Effective Financial Management In The Performance Of Public Enterprises In Nigeria (A Case Study Of PHCN) ". Mouau.afribary.org, Mouau.afribary.org, 07 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-impact-of-effective-financial-management-in-the-performance-of-public-enterprises-in-nigeria-a-case-study-of-phcn-7-2 >.
PRECIOUS, ONYEKWERE. "The Impact Of Effective Financial Management In The Performance Of Public Enterprises In Nigeria (A Case Study Of PHCN) " Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-impact-of-effective-financial-management-in-the-performance-of-public-enterprises-in-nigeria-a-case-study-of-phcn-7-2