May 2014

Foreign exchange exposure and its reflection in corporate finances

In some periods of history currency volatility has been avoided due to agreements made between countries. From 1973 to fluctuation of currency quotations generated a great deal of economic theories that countries could manage their currencies. Companies with revenues in foreign currencies had to adapt and understand how the exchange rate policy of the country affects the results of organizations. This article is part of...

Author(s): Roque A. Zin

May 2014

Participation in the credit market by small scale enterprises in Ghana: Evidence from Wa Municipality

This study analyses the determinants of small scale enterprises participation in credit market and also examines their choice of credit source in the Wa Municipality of Ghana using 200 small scale enterprises. Primary data were collected with the help of self-administered structured questionnaires. In a departure from much of the existing literature, bivariate probit model is used to account for potential unobserved...

Author(s): Samuel Sekyi, Paul Kwame Nkegbe and Naasegnibe Kuunibe

May 2014

The need for cost audit in enhancing reliance in the disclosed operational performance of organisations: The case of Nigeria

In the present global business environment, cost reduction application has led to enhancing organisational value for many notable firms. However, in Nigeria, the situation is pathetic as companies incur high operational costs, in view of this reason, unit selling prices for most manufacturing outfit, including those of the market leader firms, are considered  exorbitant. This work, therefore, focuses on the...

Author(s): H.T. Iwarere