Impact of Social Entrepreneurship Education on Social Startup Creation: A Study of Selected Public Universities

Abstract

Businesses fail due to lack of proper financial management practices. A lot of countries are in great recession because of mismanagement of public finance. Most developing nations have refused to implement good financial management practices in order to ensure transparency, and economic development in the country. However, the purpose of this research is to examine the relevance of financial management practices in developed and developing countries. In addition to the study, its aim is to compare how financial management practice is done in developing and developed nations. It entails the financial management structure in developed (USA and Canada) compared to that of developing countries (Ghana and Nigeria). The authors used secondary sources by reviewing archival literature of past studies such as journal and conferences proceedings, magazines, books, internet sources and so on. Discussion on how financial management will benefits household individuals, businesses and governments in a country are given in this research paper. The challenges faced in countries for lack of proper financial management practice are also included in this research paper. In this study, the authors found that finance has a great impact on the society, whether it being personal, business or public finances, they all play a key role in promoting growth and development in a country. The authors also found out that financial management help countries to prepare a detailed financial budget on how to track the expense and income of a country. Further empirical studies could be carried out by different authors by using qualitative and quantitative research method in order to get accurate data on the relevance of financial management practice in developing and developed countries.

Capital Budgeting and Financial Investment Appraisal: A Review of Archival Literature

“…Thus, risk arises in investment evaluation because of the inability of financial managers to anticipate the occurrence of the possible future events with certainty and consequences cannot make any correct prediction about the cash flow sequence (Amusat et al, 2022;Blessing & Onoja, 2015). Ogbari et al (2023a) stressed that in a practical situation, it is necessary to incorporate risk and uncertainty in decision making analysis. The authors argued further that risk is applied to a situation where there are several possible outcomes and they are relevant as data to enable statistical evidence to be produced for predicting the possible outcome.…”

“…The likelihood that an event will occur is known as probability and this is normally expressed in decimal form with of value between 'O' and I.A value of 'O' denotes a nil likelihood of occurrence, whereas a value of 'I' signifies absolute certainty. The total of the probabilities for events, which can possibly occur, must add to I.O.A probability of 0.4 means that event is expected to occur four times out of ten (Ogbari et al, 2023a;Olasehinde, 2020). The expected value (sometimes called expected ay off) is the weighted arithmetic mean of possible outcomes.…”

“…Any interpretation of figures which does not allow for the effects of inflation is likely to be misleading. Many financial decisions have longterm implications and over that long term and also even quite modest degrees of inflation will make a considerable difference to money values (Nasri et al, 2022;Ogbari et al, 2023a;Ogbari et al, 2023b;Olasehinde, 2020). The following terms needs to be defined: Money cost of Capital is the cost of capital that has taken into account the effect of inflation.…”

Anatomy of Retail In-Store Analytics in Enhancing Customer Experience: Review of Existing Studies

“…Researches has shown that the advancements in the levels of technology in recent times has resulted to increase in social networking which has led to positive implications for most businesses across globally (Ogbari et al, 2023a;Ogbari et al, 2023b;Egounleti, 2022). Customers have access to timely information as they can quickly get it on the websites (Oracle, 2013).…”

“…In addition, these technologies also provide increased and improved Analytics for these businesses. Some of the notable applications that can be combined with the current technologies to improve the above benefits are the mobile couponing and offering in-store assistance to their customers (Ogbari et al, 2023a;Ogbari et al, 2023b;Egounleti, 2022).…”