Email: info@ijps.in | Mob: +91-9555269393

Submit Manuscript

Abstract

The Impact of Financial Management Efficiency on the Financial Solvency of Banks on Iraq

Dr. Ghadhanfer A Hussein

Middle Technical University, Baquba Technical Institute, Iraq.

187 - 201
Vol.17, Jan-Jun, 2024
Receiving Date: 2024-02-19
Acceptance Date: 2024-05-20
Publication Date: 2024-05-30
Download PDF

http://doi.org/10.37648/ijps.v17i01.014

Abstract

The study aims to investigate the impact of financial management efficiency (financial planning, internal control, administrative control) on the financial solvency of Iraqi banks. The quantitative approach was used by developing a digital questionnaire that was distributed to a purposive sample of the study population, which includes senior management employees (General Director, Deputy Director, Financial Manager Administrative Manager) in the Iraqi banking sector, which number (13) banks. 99 valid questionnaires were retrieved for statistical analysis, and to answer the study’s questions and hypotheses, the data were analyzed using SPSS.


Keywords: Financial Planning; Internal Control; Administrative Control; Financial Solvency


References
  1. Nanzala, L. Ingabo, O. (2021). THE EFFECTS OF INTERNAL CONTROL ON FINANCIAL PERFORMANCE, International Journal of Finance and Accounting, 2(2), p. 9-12, https://grandmarkpublishers.com/
  2. Jane J. Barus, Willy Muturi, Patrick Kibati , Joel Koima. (2017). EFFECT OF MANAGEMENT EFFICIENCY ON FINANCIAL PERFORMANCE OF SAVINGS AND CREDIT SOCIETIES IN KENYA, Journal of Strategic Management Vol.2, Issue 1 No.4, pp 92-104, https://doi.org/10.47672/jsm.287
  3. Ikapel, O. Namusonge, G. Sakwa, M. (2019). Financial Management Efficiency and Financial Performance of Commercial Banks Listed on the Nairobi Securities Exchange, International Journal of Research and Innovation in Social Science (IJRISS) |Volume III, Issue X, |ISSN 2454-6186
  4. Bismark, O. Kofi, A-G.Kofi, O. (2018). Impact of Financial Management Practices on the Growth of Small and Medium Scale Enterprises in Ghana: The Case of Birim Central Municipality , International Journal of Innovation and Research in Educational Sciences, 5(2), ISSN (Online) : 2349–5219
  5. Shah, S. (2015). FINANCIAL MANAGEMENT PERFORMANCE EFFECT ON ORGANIZATION PROFITABILITY, International Journal of Research in Engineering, Social Sciences, Volume 5 Issue 4, PP. 55-64.
  6. Mohammed, J AwadhM F. (2022). Measuring The Capital Adequacy and Its Impact on Financial Stability: An Analytical Study of A number Of Iraqi Private Banks ,Tikrit Journal of Administrative and Economic Sciences, 18(60), Part (3): 603-618 Doi: www.doi.org/10.25130/tjaes.18.60.3.33
  7. Ramadan, A. Fahmy, Ibrahim, M. (2020). The impact of administrative efficiency, financial solvency, and liquidity on the profitability of Egyptian insurance companies, Journal of Financial and Commercial Research, Port Said College of Commerce, 21(1), pp. 514-558.
  8. Grozdanovska, V. Bojkovska, K. Jankulovski, N. (2017). FINANCIAL MANAGEMENT AND FINANCIAL PLANNING IN THE ORGANIZATIONS, European Journal of Business and Management, 9(2), PP. 120-125.
  9. Reda, Z. Khairuddin, O. Bouafia, S. (2017). The role of financial management in financial decision-making Financing decision, investment decision and dividend distribution, Journal of Administrative and Financial Sciences, Shahid Hama Lakhdar University in El Oued, 1(1), PP. 238- 261.
  10. Jackson, P., Perraudin, W., & Saporta, V. (2002). Regulatory and Economic Solvency Standards for Internationally Active Banks. Bank of England working papers, No. 161. https://doi.org/10.1016/S0378-4266(01)00266-7
  11. Khidmat, W. B. & Rehman, M. U. (2014). Impact of liquidity & solvency on profitability chemical sector of Pakistan. Economics Management Innovation Journal EMI, Vol. 6, Issue 3, ISSN: 1804-1299
  12. Abdullah, M. (2021). The implication of machine learning for financial solvency prediction: an empirical analysis on public listed companies of Bangladesh. Journal of Asian Business and Economic Studies, 28(4). ISSN: 2515-964X https://doi.org/10.1108/JABES-11-2020-0128
  13. O’Brien, R. Glenn& Hubbard,(2012). Anthony Patrick Money Banking and the Financial System Pearson Education, Inc. Prentice Hall. Macroeconomics. Pearson Australia.
  14. Odeikna, I., Ademola, O. G., & Teryima, T. S. (2019). Effect of Capital Adequacy, Credit Risk and Operating Efficiency on the performance of Commercial Banks in Nigeria. financial markets and financial risks,3(1). https://doi.org/10.21272/fmir.3(1).106-114.2019
  15. Ayyash, Z. Al-Ayeb, S. (2018). Implementing Basel 3 reforms in Arab banks with reference to Gulf banks (Saudi Arabia, UAE, Bahrain). Journal of North African Economics, 14(18).
  16. Rasham, M. Daghim, A. (2018). The impact of capital adequacy in accordance with the requirements of the Basel III Committee on the profitability of commercial banks, an applied study on a sample of private Iraqi banks, Al-Muthanna Journal of Administrative and Economic Sciences, 8(1). https://doi.org/10.52113/6/2018-8-1/137-164
  17. Al-Mutairi, H. Al-Asadi, K. (2016). Banking liquidity and its impact on return and risk - applied research in Al-Rasheed Bank, Journal of Accounting and Financial Studies, 11 (37).
  18. Abdul Rahman, N. Al-Farsi, T. (2020). The impact of liquidity on the profitability of commercial banks in the Kingdom of Saudi Arabia, King Abdulaziz University, College of Management and Economics, Department of Accounting, Journal of Economic and Legal Sciences, 12(6).
  19. Matey, J. (2021). Bank Liquidity Risk and Bank Credit Risk: Implication on Bank Stability in Ghana. Journal, Int and Precision in Interdisciplinary Studies, 7(4).
  20. Khan, M. M., & Raj, K. B. (2020). Liquidity-profitability analysis & prediction of bankruptcy-A study of select telecom companies. Journal of Critical Reviews, 7(3). https://doi.org/10.52113/6/2018-8-1/137-164
  21. Imam, S. Al-Khazali, R. (2017). Determining the optimal liquidity ratio in Iraqi ‎commercial banks, Administrative Technical College - Baghdad, Journal of Accounting and ‎Financial Studies, 12 (41). ‎
  22. Al-Amin, Kayas. (2016). Bank capital and its role in absorbing credit risks - the case of the Algerian economy, Journal of Economics, Management and Trade - University of Algiers, Issue (33), Algeria.
  23. Imran, Qasim. (2019). Capital adequacy and its impact on banking liquidity risks, an applied study in the Iraqi National Islamic and Commercial Banks for the period (2012-2017), Journal of the University of Babylon for Pure and Applied Sciences - Al-Furat Al-Awsat Technical University, 27(1). https://doi.org/10.29196/jubpas.v27i2.2057
Back