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Determinants of Failures of Local Agricultural Firms in Cameroon: The Case of Soderim, Ugicaes and Ugirilcopam in the Mbo Plain (Cameroon)
Ediamam Epalle Guy Marcel
,
Usongo Patience Ajonina
Issue: Volume 10, Issue 2, April 2021
Pages: 76-86
Received: Jun. 29, 2020
Accepted: Mar. 05, 2021
Published: Mar. 30, 2021
DOI:
10.11648/j.ijber.20211002.13
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Abstract: Despite significant financial and technical resources mobilized by the State through financial institutions, local development has not followed the investment curve and the peasantry is still drowned in underdevelopment. In the 1960s, the State of Cameroon launched the five-year development plan where, one of the major components is the development of structuring projects keeping in mind the construction of agro-industrial complexes to serve as models for small farms placed under their supervision. Therefore, specialized development companies (SODES) such as SODERIM, UGICAES and UGIRILCOPAM were created and received 1,200,000,000FCFA, 20,000,000FCFA and 177,000,000FCFA respectively and 5,200,000FCFA grants each per year. However, it is difficult nowadays to appreciate the input of this funding into local development. This study aims at evaluating the contribution of agricultural project financing to local development and its sustainability in the Mbo plain. We used empirical observation based on semi-directive interviews with the managers of SODERIM, UGICAES and UGIRILCOPAM firms (former employees), and questionnaire administration to peasants and agricultural extension agents as well as the exploitation of secondary data collected from the Sub-Divisional Delegation of Agriculture, registers of these firms, and field observation. Results show that SODERIM, UGICAES and UGIRILCOPAM did not foster the development of the Mbo plain and all went bankrupt when funding stopped since they were unable to self-finance. The determinants of these local agricultural firms failure were both external and internal. The infrastructural, political and socio-economic aspects have remained dormant. Thus, financing has not stimulated a new peasant dynamic in an autonomous framework.
Abstract: Despite significant financial and technical resources mobilized by the State through financial institutions, local development has not followed the investment curve and the peasantry is still drowned in underdevelopment. In the 1960s, the State of Cameroon launched the five-year development plan where, one of the major components is the development...
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Analysis of Decree N°2020/111 of 02nd March 2020 on the Establishment, Organization and Functioning of the National School of Local Administration (NASLA)
Issue: Volume 10, Issue 2, April 2021
Pages: 58-65
Received: Jul. 16, 2020
Accepted: Dec. 05, 2020
Published: Mar. 03, 2021
DOI:
10.11648/j.ijber.20211002.11
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Abstract: The main purpose of this article is to come up with a critical analysis of the impact of presidential decree no 2020/11 of the 02nd March 2020 dedicated to the establishment of NASLA (National School on Local Administration) on the training of local public administration staff in Cameroon. This is done through a specific focus on the improvements of local public administration staff training as carried out by this decree whose main target aims at addressing the new challenges pouring over Cameroon’s politics as far as the form of the state is concerned. As Cameroon strong central state pattern seems for ever to give up under irreversible and sounding growing calls for federalism or decentralization patterns, Cameroon’s authorities during the two last decades have been forced to look for a specific school devoted to the forthcoming necessary bulkier local administration staff this revolution is calling for. Therefore, based on a diachronic paradigm which insists on the historical and feverish political background prior to the advent of NASLA, this article depicts the various and concrete improvements, in terms of university requirement, local councils needs and so on, carried out by decree no 2020/11 of the 02nd March 2020 dedicated to the establishment of NASLA (National School of Local Administration) before addressing the issue of the interactions between NASLA future curricula and the Cameroon multicultural diversity as well as the necessity of a peculiar local public administration theory.
Abstract: The main purpose of this article is to come up with a critical analysis of the impact of presidential decree no 2020/11 of the 02nd March 2020 dedicated to the establishment of NASLA (National School on Local Administration) on the training of local public administration staff in Cameroon. This is done through a specific focus on the improvements o...
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Effects of Accounting Bases on Financial Reporting in Nigeria: The Case of Kaduna State
Jimoh Ihiovi Ojo
,
Njijong Ajabwoa Marcelus
Issue: Volume 10, Issue 1, February 2021
Pages: 27-33
Received: Apr. 28, 2020
Accepted: Dec. 05, 2020
Published: Jan. 12, 2021
DOI:
10.11648/j.ijber.20211001.14
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Abstract: Local Government financial reporting across the country has been largely driven by cash accounting basis and this has attracted a lot of criticism based on the quality of informational content of such report. Therefore, this study is carried out to assess the Local Government accounting basis on the financial reporting in Nigeria with particular emphasis on all the Local Government in Kaduna State. The study utilized descriptive research design using the entire 23 Local Governments in Kaduna State using their annual reports and accounts as a source of information. Also, the study utilized stata 12 to analyzed the formulated multiple regression model. The descriptive result reveals that there is wide variation in the financial reporting quality among the Local Governments under investigation across the state. This was supported by the large mean value of the size of the local government with a mean value of 16.824 suggesting that the Local Governments under investigation are of different sizes and probably their reporting quality will certainly differ. The regression summary reveals that the cumulative explanatory variables are statistically significant in explaining the effects of Local Government accounting basis on financial reporting. Similarly, the entire individual variable shows that they were all statistically significant having p-val < 0.05. This outcome suggests that the study failed to accept the null hypothesis. Therefore, the study recommends that the councils should ensure consistence in financial reporting in order to guarantee reliable and verifiable financial information as contained in the annual reports and accounts.
Abstract: Local Government financial reporting across the country has been largely driven by cash accounting basis and this has attracted a lot of criticism based on the quality of informational content of such report. Therefore, this study is carried out to assess the Local Government accounting basis on the financial reporting in Nigeria with particular em...
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Supply Chain Quality Management (SCQM); A Tool for Financial Performance of Brewery Companies in the South West Region of Cameroon
Issue: Volume 9, Issue 5, October 2020
Pages: 298-308
Received: Apr. 30, 2020
Accepted: Aug. 07, 2020
Published: Aug. 25, 2020
DOI:
10.11648/j.ijber.20200905.12
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Abstract: Purpose: The goal of every business is long term profitability. The outcomes of the 21st century have greatly influenced this goal. In reaction, companies now resort to indirect competition through Supply Chain Quality Management. This paper sort to examine the effect of such practices on the financial performance of the brewery companies in the South West Region of Cameroon. Method: The study made use of primary data collected using a five point likert scale questionnaire administered to 224 employees and 112 distributors of the four major brewery companies in the South West Region of Cameroon. The survey method was applied in a case study design. The ordinary least squares technique was used to assess the effect of supply chain quality management on the financial performance while the Levene statistic was used to test for homogeneity of the responses following the employees and the distributors of the companies. Findings: While surprisingly establishing that information sharing and top management commitment had an insignificant effect and that top management commitment had a negative influence on the financial performance of the companies. Customer relationship management, continuous improvement and innovation and strategic supplier partnership revealed significant positive effects on the financial performance of the companies. However, continuous improvement and innovation and strategic supplier partnership did not portray differences in the responses between employees and distributors while top management commitment and information sharing portrayed variances in the responses and customer relationship management did not show any clear conclusion. Managerial implications (contributions) : The managerial implications rest on the partial implementation of supply chain quality management practices between employees and distributors. Efforts towards continuous improvement and innovation and strategic supplier partnership need to be applied evenly between distributors and employees while emphasis need should not be placed on top management commitment and information sharing. This will give room for improvement and innovation leading to increase in customer satisfaction, sales and other financial parameters of the companies.
Abstract: Purpose: The goal of every business is long term profitability. The outcomes of the 21st century have greatly influenced this goal. In reaction, companies now resort to indirect competition through Supply Chain Quality Management. This paper sort to examine the effect of such practices on the financial performance of the brewery companies in the So...
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Provider and Consumer Perceptions on Mobile Money and Microfinance Integrations in Ghana: A Financial Inclusion Approach
Judith Aboagye
,
Sophia Anong
Issue: Volume 9, Issue 4, August 2020
Pages: 270-281
Received: Feb. 27, 2020
Accepted: Apr. 29, 2020
Published: Aug. 19, 2020
DOI:
10.11648/j.ijber.20200904.24
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Abstract: This study examines the use and impact of mobile money and microfinance services in Ghana. It explores the perspectives of mobile money and microfinance service providers and consumers to identify the nature and extent of use, and their separate and complementary impact on financial inclusion. Qualitative data collected through interviews with service providers, agents, and consumer focus groups were used to draw parallels and contrasts between provider and consumer perceptions on impacts and challenges of the systems. The study addressed four specific objectives identified as provider perceptions on mobile money and microfinance integrations and financial inclusion; consumer perceptions on mobile money and microfinance integrations and financial inclusion; impacts of mobile money and microfinance integrations on the financial inclusion ecosystem; and challenges of mobile money and microfinance integrations for financial inclusion in Ghana. The results showed that provider perceptions primarily focus on consumer access, product range, convenience, and regulatory climate. Consumer perceptions also focus on network capacity, fraud and security, and complex user designs. The impacts of mobile money integrations appear to be additive for most users but also transformative for users who were previously excluded from the formal financial sector. However, there are eminent challenges related to system failures, fraud and security concerns, and consumer protection to be addressed to help facilitate the efficiency and sustainability of the mobile money ecosystem.
Abstract: This study examines the use and impact of mobile money and microfinance services in Ghana. It explores the perspectives of mobile money and microfinance service providers and consumers to identify the nature and extent of use, and their separate and complementary impact on financial inclusion. Qualitative data collected through interviews with serv...
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Anticipating the Difficulties of Microfinance Institutions: An Early Warning Model Applied to the Togolese Context
Maïpa Pakidame
,
Komivi Ogbone
,
Yao Messah Kounetsron
Issue: Volume 9, Issue 4, August 2020
Pages: 234-240
Received: Mar. 30, 2020
Accepted: Jun. 22, 2020
Published: Jul. 22, 2020
DOI:
10.11648/j.ijber.20200904.20
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Abstract: The Decentralized financial system (DFS) is a sector in growth in developing countries. It offers financial services to actors rejected by formal banks because of their risk. therefore, a strict monitoring of this sector is needed to anticipate and avoid the bankruptcies of DFSs. In this context, an early warning model is a feasible solution. The aim of this paper is to develop a model of alert capable of predicting the difficulties of microfinance institutions. Data processed from 49 DFSs over 5 years led to a model explaining up to 80% of the likelihood of bankruptcy. Statistically positive results show that any increase in the portfolio at risk, the provisions on outstanding loans and the provisions on total assets leads to an increase in the probability of difficulty for the DFSs, thus increasing its insolvency risk while any increase in the equity risk coverage ratio, the operating income on owner’s equity, the loan coverage by deposits ratio, the profit margin and the outstanding deposits on total assets leads to a decrease in the probability of default for the DFSs.
Abstract: The Decentralized financial system (DFS) is a sector in growth in developing countries. It offers financial services to actors rejected by formal banks because of their risk. therefore, a strict monitoring of this sector is needed to anticipate and avoid the bankruptcies of DFSs. In this context, an early warning model is a feasible solution. The a...
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Microfinance and Public Local Infrastructure Development in Local Councils in Cameroon: The Social Innovation Prospective Approach
Issue: Volume 9, Issue 4, August 2020
Pages: 241-253
Received: May 04, 2020
Accepted: Jun. 22, 2020
Published: Jul. 22, 2020
DOI:
10.11648/j.ijber.20200904.21
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Abstract: Local development is an alternative to central government at the local level. Unlike the case with the central government, local development is directed towards local territories usually with the goal of developing their local resources one of which is local infrastructure. This infrastructure is usually financed by public and private sector capitals. The main objective of this study was therefore to prospect the contributions of microfinance social innovations to public local infrastructure development in local councils in the South, Far North, South West, and North West regions of Cameroon. Government’s periodicals and literature on microfinance were used for data collection. The data were analyzed according to contributions, determinants, and challenges of microfinance social innovations in the context of public local infrastructure development in local councils in the regions studied. The findings revealed that the North West and South West regions which retain a higher number of Microfinance Institutions are amenable to more microfinance social innovations which are likely to increase public local infrastructure development in their local councils. This is not the case for the South and Far North regions. Meanwhile, the core challenge faced by municipal authorities in creating public local infrastructure is the lack of mastery and non-respect of both non-financial and financial regulations. We suggest based on the findings above that local councils studied should increase stakeholders’ cooperation and participation in public local infrastructure development in their localities, if they hope to boost public local infrastructure development in their municipalities.
Abstract: Local development is an alternative to central government at the local level. Unlike the case with the central government, local development is directed towards local territories usually with the goal of developing their local resources one of which is local infrastructure. This infrastructure is usually financed by public and private sector capita...
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Empirical Study on Influencing Factors of Regional Innovation Output System-Take Qingyuan, Guangdong as an Example
Hui He
,
Yibo Qin
,
Huihui Deng
,
Qi Gao
,
Weitao Liu
Issue: Volume 9, Issue 1, February 2020
Pages: 40-49
Received: Oct. 23, 2019
Accepted: Jan. 28, 2020
Published: Feb. 13, 2020
DOI:
10.11648/j.ijber.20200901.15
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Abstract: The construction of regional innovation system is an important direction for modern cities and regional economic development and industrial transformation. Based on the existing research results, this paper selects relevant data of Qingyuan from 2001 to 2017, and uses patent authorization, output value of high-tech products and total export value as the evaluation system of regional innovation output to build a regional innovation system model including five influencing factors such as research and development investment, economic structure, infrastructure, opening level and innovation policy. With the help of SPSS software, the conclusions are drawn through principal component analysis that the selected factors have significant positive effects on the innovation output of Qingyuan, and the infrastructure, economic structure and the level of opening to the outside world have the greatest impact, with a smaller impact coefficient on R&D investment. This shows that Qingyuan's ability to attract high-quality funds and advanced technologies needs to be strengthened, infrastructure construction needs to be further improved, and scientific research efficiency should be improved. In view of the above conclusions, this paper finally puts forward corresponding policy recommendations. In the future, Qingyuan municipal government should speed up the infrastructure construction focusing on transportation and logistics, give appropriate research and development subsidies to local enterprises, improve the efficiency of local enterprises in introducing advanced science and technology from Guangzhou, and better grasp the integrated development mode of Guangzhou and Qingyuan.
Abstract: The construction of regional innovation system is an important direction for modern cities and regional economic development and industrial transformation. Based on the existing research results, this paper selects relevant data of Qingyuan from 2001 to 2017, and uses patent authorization, output value of high-tech products and total export value a...
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