Research Paper | Finance | Somalia | Volume 8 Issue 1, January 2019
The Impact of Financial Planning and Financial Performance Case Study Commercial Banks Mogadishu Somalia
Ahmed Hussein Ali Diiwaani
The purpose of the research study was to examine the relationship between the impact financial planning and financial performance of commercial banks with particular reference to commercial oriented Commercial banks in Mogadishu. The specific objectives of the study included determining the effect of focus on organization goals, allocation of resources as well as risk management on the financial performance of banks. The Researcher used descriptive survey research design in collecting data from the respondents. The census-sampling procedure was used which involved the use of the entire target population of one-hundred forty three (143) finance managers drawn from commercial banks. The researcher used questionnaires in collecting data that were analyzed quantitatively and qualitatively. The Research study established the existence of a relationship between organization goal, allocation of resources, risk management and financial performance. There is a positive relationship among all variables as follows: organizational goals and financial performance at (r=.544 and p>0.01). Resource allocation and financial performance at (r=. 232 and p>0.01) finally the study indicated a positive relationship between risk management and financial performance at (r=. 449and p>0.01).
Keywords: Organizational goal, Resource allocation, Risk Management, Financial Performance
Edition: Volume 8 Issue 1, January 2019
Pages: 47 - 49
How to Cite this Article?
Ahmed Hussein Ali Diiwaani, "The Impact of Financial Planning and Financial Performance Case Study Commercial Banks Mogadishu Somalia", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART20194046, Volume 8 Issue 1, January 2019, 47 - 49
467 PDF Views | 316 PDF Downloads
Similar Articles with Keyword 'Resource allocation'
Research Paper, Finance, China, Volume 7 Issue 9, September 2018
Pages: 379 - 382Research on the Impact of Internet Finance on Rural Economic Growth
Xiaoqing Sun
Research Paper, Finance, Somalia, Volume 8 Issue 1, January 2019
Pages: 47 - 49The Impact of Financial Planning and Financial Performance Case Study Commercial Banks Mogadishu Somalia
Ahmed Hussein Ali Diiwaani
Similar Articles with Keyword 'Risk Management'
Research Paper, Finance, Morocco, Volume 8 Issue 12, December 2019
Pages: 1903 - 1910Modeling Flexible Exchange Rate USD / MAD
Touzani Khadouj, El Haddad Mohamed Yassine
M.Tech / M.E / PhD Thesis, Finance, Rwanda, Volume 9 Issue 6, June 2020
Pages: 1154 - 1158The Effect of ATM on the Growth and Sustainability of Commercial Banks in Rwanda; A Case Study of Ecobank Rwanda
Rutaganda Emmanuel, Mulyungi Patrick
Research Paper, Finance, China, Volume 9 Issue 10, October 2020
Pages: 234 - 236An Empirical Study on the Impact of CSI 300 Index Options on Stock Market Volatility
Shuyao Liu, Meihua Wang
Research Paper, Finance, Vietnam, Volume 8 Issue 9, September 2019
Pages: 638 - 642Developing a Credit Risk Early Warning Model using Regression Model. A Case Study in Vietnam
Do Nang Thang
Research Paper, Finance, Kenya, Volume 6 Issue 10, October 2017
Pages: 1243 - 1245Effect of Lending Policy on Financial Stability of Commercial Banks: Empirical Evidence of Banking Sector in Kenya
Alfred Wandera Kuloba, Dr. Agnes Njeru
Similar Articles with Keyword 'Financial Performance'
Research Paper, Finance, India, Volume 9 Issue 10, October 2020
Pages: 1590 - 1593Financial Performance and Growth of Non-Banking Financial Companies
Shrijvi Singh
Masters Thesis, Finance, China, Volume 9 Issue 10, October 2020
Pages: 1257 - 1264The Influence of International Direct Investment on Enterprise Performance
Tongna Che
Research Paper, Finance, Kenya, Volume 9 Issue 3, March 2020
Pages: 1221 - 1226Influence of Cost of Borrowing on Financial Performance of Selected SACCOs in Siaya County
Charles Anyango, Dr. Simeyo Otieno, Dr. Ofwa Joanes Otieno Wu'Adongo
Research Paper, Finance, Kenya, Volume 6 Issue 10, October 2017
Pages: 1595 - 1601Effect of Economic Programs on Customer Financial Literacy of Barclays Bank of Kenya
Salome Awuor Oduor, Dr. Dennis Juma
Research Paper, Finance, Kenya, Volume 6 Issue 9, September 2017
Pages: 2035 - 2042Portfolio Selection, Funds Allocation Strategy and Financial Performance of Deposit Taking Saccos in South Rift Region (Kenya)
John C. Ngeno, G, Kingoriah