Projectexpert CHAPTER ONE INTRODUCTION The efficiency of the banking system has been one of the major issues in the new monetary and financial environment. The competitiveness of financial institutions is stirred up by their efficiency levels, since their products and services are of an intangible nature. Efficiency in banking can be distinguished between allocative and technical … Read more
CHAPTER ONE 1.1 Background of the Study The changing environment in which banks finds themselves present major opportunities for banks, but also entails complex, variable risk that challenge traditional approaches to bank management. Recently, there was increase in non-performing credit portfolios in banks and other financial institutions and these significantly contributed to the financial distress … Read more
CHAPTER ONE INTRODUCTION BACKGROUND STATEMENT Lending is one of the main functions of the Banks. Banks extend credits to their customers in the form of loans, overdraft and advances. The sum of these credits forms the debt or credit portfolios of the financial institutions. Debts are presented as liabilities to the customers as … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Capital structure, otherwise referred to as, financial structure, is the means by which an organization is financed. It is the mix of debt and equity capital maintained by a firm. The extant literature is awash with theories on capital structure since the seminal work of Modigliani … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The capital market is a financial market that provides facilities for mobilizing and dealings in long-term funds for economic growth and development. Wilkinson (2007) defines capital market as “any place or system where the requirements of business enterprises and public authorities or governments for … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE SUDY One of the cardinal economic objectives of the developing countries is to achieve high economic growth that will lead to rapid economic development and reduce poverty. Economic growth means a sustained increase in per capita national output or Net national product over a long period … Read more
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The occurrence and existence of bubbles have gained reasonable academic attention (examples include, Froot and Obstfeld, 1992; Allen and Gorton, 1993; Biswanger, 1999; Chen, 1999; Abreu and Brunnermeier, 2003). The existence of stock market bubbles and crashes dates back to the 1600s. The Dutch tulip mania … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Strategic management is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments (Nag et al,2007). It entails specifying the organization’s mission, vision … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY As a result of changes in information technology, the need to restructure and reposition business organizations and most especially, the increasing rate of global economic crisis currently nicknamed ‘economic meltdown’, companies have begun to embrace the corporate strategy of mergers and acquisitions in an increasing rate as … Read more
CHAPTER ONE INTRODUCTION Background of the Study According to Al-Faki (2006), the capital market is a “network of specialized financial institutions, series of mechanisms, processes and infrastructure that, in various ways, facilitate the bringing together of suppliers and users of medium- to long- term capital for investment in socio-economic developmental projects”. The capital market … Read more