The study deals with assessment of financial performance analysis in ethiopian commercial banking sector for a periodof five years 20072011. Financial performance represents a subject for researchers especially by its determinants. A study on financial performance using ratio analysis of bhel, trichy 33 ghosh santanu kumar and mondal amitava 2009 study on the relationship of intellectual capital and finance performances for a period of 10 years from 1999 to 2008 of 70 indian banks. Statistical measures linear multiple regression analysis and test of hypothesist test have been used. A study on financial performance analysis of ashok leyland. The analysis of financial statements is, thus, an important aid to financial analysis. A comparative analysis of the financial ratios of listed.
Banks riskiness measurements, multiple regression, correlation matrix, trend and time series analysis, hypothesis chowdhury, ahtasham ahmed on. While at the ratio of its activity the company is said to be less efficient. Farley and scott hoenig graciuail school of busincs. The analysis is based on panel approaches where crosssection and timeseries. A model of financial performance analysis adapted for. The analysis of financial statements is a process of evaluation relationship between component parts. A study on the financial performance evaluation of punjab. One rich source of information for financial statement analysis is. Analysts who follow this method seek out companies priced below their. The analysis of banks is not such complex as economic operators analysis, in the most of cases the focal point being stakeholders, regulating and monitoring activities, performance indicators and so on.
Financial performance of islamic and conventional banks in pakistan. This study analyses the overall financial performance of the company based on secondary data for the period 200809 to 2012 by using ratio analysis, comparative statements and trend analysis as tools. The determinants and performance impact of outside board leadership forthcoming. Banks are interested in the performance and liquidity of organisations for lending purposes government departments have various uses. Journal of financial and quantitative analysis latest issue. Customer perception measures driving financial performance siq. The impact of financial analysis in maximizing the firms. Based on intraday data for a large cross section of individual stocks and newly developed econometric procedures, we decompose the realized variation for each of the stocks into separate socalled realized up and down semivariance measures, or good and bad volatilities, associated with positive and negative highfrequency price increments, respectively. The focus of financial analysis is on key figures in the financial statements and the significant relationship that exists between them. The most common relationship is to a previous andor continuing title, where a journal continues publishing with a change to its official title. The journal of financial and quantitative analysis jfqa publishes theoretical and empirical research in financial economics. Request permission export citation add to favorites track citation.
Financial ratio analysis helps us to understand how profitable a business is, if it has. The financial analysts journal faj includes a variety of financial research reports from financial. Fundamental analysis is a method of measuring a stocks intrinsic value. Abdul hameed, mphil assistant professor islamia university of bahawalpur muhammad ramzan, mba. Journal of economics and financial analysis directory of. A study of how financial numbers become meaningful. In financial analysis, a ratio is compared against a benchmark for evaluating the financial position and performance of a firm. Journal of financial and quantitative analysis latest. The financial performance of cement industry is influenced by several factors like cost, revenue and resultant profits margin and it can be studied with the help of many aspects, namely, financial facts etc.
Financial analysis of nabil bank limited a proposal report 1. Ratio analysis to measuring financial performance of pt. Although financial analysis has limitations, when used with care and judgment, it can provide some very useful insights into the operations of a company. Sustainability and financial performance of small and medium sized enterprises. We note however, the outside chairfirm performance relationship varies with firm characteristics. Company analysis research using the calculation of financial ratios andor complex forecasting of profits, cash flows and dividends. Comprehensive assessment of firm financial performance using. Ratio analysis helps to ascertain the financial condition of the firm. A comprehensive study of performance of indian automobile. An evaluation of financial performance of commercial banks article pdf available in international journal of applied business and economic research 1522. It is really important to analyze trend in ratio as well as their absolute levels. The ability of an organization to analyze its financial position is essential for improving its competitive position in the marketplace.
Impact of financial performance indicators fpis on. Dasuki 2016 examined the effect of capital structure on financial performance of 180 manu. Financial analysis of banks so far as the financial analysis of a bank is concerned its analysis can be done with the help of ratio analysis. Financial statement analysis is used to obtain a quick indication of a firms financial performance in several key areas. Financial statements analysis is an attempt to determine the significance and meaning of the financial statements data, which measure the enterprises liquidity profitability, forecast may be made of the future earnings, solvency and other indicators to assess its operating efficiency, financial position and performance. Impact of mergers on performance of banking sector of pakistan research loan and investment and dealing securities were used as outputs. Financial performance of the ethiopian banking sector. Financial accounting by khatri is an exhaustive analysis of various concepts in finance and accounts area. Field research, journal of management accounting research, vol.
Indicators of financial performance, especially financial ratio analysis, have. With a circulation of 3000 libraries, firms, and individuals in 70. Liquidity ratio analysis balance sheet assets and liabilities, journal of financial. In order to analyze financial performance in terms of liquidity, solvency, profitability and financial efficiency, various accounting ratios have been used. The purpose is to have a forum in which general doubts about the processes of publication in the journal, experiences and other issues derived from the publication of papers are resolved. Financial performance of islamic and conventional banks in. This study is entirely based on secondary data and different ratios have been applied to evaluate the financial performance of the bank along with regression analysis with the help of spss 20. An analysis of financial performance of citibank, n. The ratio analysis is conducted in form of trend analysis. Abbasi and sedghi, 2010 also studied the effect of efficiency of intellectual capital on financial performance in tehran stock exchange market.
This analysis informs us whether a companys financial condition improving or degenerating. An analysis of financial statements of karnataka power. Performance analysis tools for financial analysis and control. In this study, the intellectual capital was calculated using added value coefficient pulic. The analytical approach, which is based on the analysis of the financial statements for five years except 2003, was adopted in this study and the horizontal analysis,vertical analysis and financial ratios, which were the most common between 20032008, were applied. Patti, financial performance analysis of pre and post merger in banking sector. Though the book primarily aimed to provide basic conceptual framework on different accounting aspects but it has virtually dealt with the subject fundamentals exhaustively. To complete my task i have to use various materials. May 15, 2017 financial analysis of nabil bank limited a proposal report 1. A model of financial performance analysis adapted for nonprofit organisations abstract measurement of financial performance by ratio analysis helps identify organisational strengths and weaknesses by detecting financial anomalies and focusing attention on issues of organisational importance.
Sustainability and financial performance of small and medium sized. Sjr is a measure of scientific influence of journals that accounts for both the number of citations received by a journal and the importance or prestige of the journals where such citations come from it measures the. According to brigham and houston 2009, financial analysis involves comparing the firms performance to that of other firms in the same industry and evaluating trends in the firms financial position over time. A ratio or financial ratio is a relationship between two accounting figures, expressed mathematically. The financial performance stockholm school of economics. Trend analysis is the analysis of firms performance over time using ratios. Other groups including the local community on green issues, jobs etc. Banks offer different types of products and services for the satisfaction of customer for their financial need.
Topics include corporate finance, investments, capital and security markets, and quantitative methods of particular relevance to financial researchers. Pdf an evaluation of financial performance of commercial. It is the process of identifying the financial strength and weakness of a firm from the available accounting data and financial statement. Idhayajothi 2014 1, a study on financial performance of ashok leyland limited at chennai. The main tools used for company analysis is the ratio analysis. It is appreciated if you could share this information with your colleagues and associates. A financial ratio analysis of hindustan unilever limited hul.
Citescore values are based on citation counts in a given year e. The study has been undertaken for the period of 3 months from jan2014 to march2014. Jai kishan chandel assistant professor, institute of management studies, kurukshetra university, kurukshetra. Information about the openaccess journal journal of economics and financial analysis in doaj. The analysis of financial performance reflects the financial position of the company, the level of the competitiveness in the same sector, and a thorough knowledge about the cost and profit. An analysis of financial statements of karnataka power corporation limited, bangalore srinivas k t associate professor, cimsb school, jayanagar, bangalore, india. Pdf an empirical study of financial performance evaluation. Ratio analysis enables the management of banks to identify the causes of the changes in their advances, income, deposits. Free cash flow in public governance is a source of waste and inefficiency. The journal is open to a diversity of financial research topics and will be unbiased in the selection process. Financial performance journal of knowledge management.
Both types of banks included in the study represent whole banking industry of pakistan. Tools of financial analysis and control linkedin slideshare. Financial statements of those companies from mse are evaluated by panel regression. This study was conducted tocompare the financial performance of islamic and conventional banks to facilitate depositors, bank managers, shareholders, investors andregulators by providing true picture of financial position of. Financial analysts use financial ratios to compare the strengths and weaknesses in various companies. The financial performance is an important factor which indicates the growth of any industry. February 2014 302 impact of compensation on employee performance empirical evidence from banking sector of pakistan mr. About research journal of finance and accounting the scopes of the research journal of finance and accounting rjf a include, but not limited to, asset pricing, investments, risk management, regulation, and insurance to corporate finance, financial intermediation, financial econometrics, financial forecasting, and financial engineering. Journal of financial and quantitative analysis journal of financial economics ihe journal of financial research 38 4 3 2 8 1 1 1 3 5 i 1 2 4 1 4 3 i i 3 1 2 1 10 1 5 i 3.
Financial ratios are used by managers within a firm, by current and potential stockholders of a firm, and by a firms creditor. International journal of business and social science vol. Stock market valuation of customer satisfaction, journal of marketing, 72, 105. Financial performance analysis is the process of determining the operating and financial characteristics of a firm from accounting and financial statements. A study on financial performance of ashok leyland limited at chennai. Habtamu berhanu abera phd department of accounting and finance, addis ababa university, ethiopia. Journal of financial and quantitative analysis cambridge core. Financial analysis, ratio analysis, beximco company financial. Abstract the literature suggests that established firms need to balance their exploration and exploitation activities in order to achieve superior. Jan 01, 2012 the analysis of financial performance reflects the financial position of the company, the level of the competitiveness in the same sector, and a thorough knowledge about the cost and profit. It was revealed that overall postmerger efficiency achieved by the malaysian banks was about 96%. Financial analysis is a process of synthesis and summarization of financial and operative data with a view to getting an insight into the operative activities of a business enterprise.
Journal of financial and quantitative analysis by steven balsam, john puthenpurackal, and arun upadhyay1 abstract outside board chairs are more likely in firms that are smaller, have greater stock volatility and. This study investigates the financial performance the ethiopian banking sector using tof he panel data set for the period 200405 200910. Analysis gives a basis for the valuation of shares and decisions on when to buy, sell and hold shares. Three 03 years data were collected from publication of state bank of pakistan sbp financial statement analysis of financial sector of pakistan 20092011,annual reports of respective banks, islamic banking bulletin and their respective official. International journal of financial management and reporting analysis is calling for submission for the issue of vol. One rich source of information for financial statement analysis is the audited financial statements. An analysis of the financial performance of national bank. Impact of compensation on employee performance empirical. The karnataka power corporation limited kpcl is mainly involved in the generation of power and is the sole administrator for the power generation in the state. Exploration, exploitation, and financial performance. Financial performance determinants of organi zations. Performance evaluation and ratio analysis of pharmaceutical.
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