Use of Technology and Financial Literacy on SMEs Practices and Performance in Developing Economies
Journal Title: International Journal of Advanced Computer Science & Applications - Year 2018, Vol 9, Issue 5
Abstract
Micro, Small and Medium Enterprises (SMEs) practices in developing economies experience a unique set of challenges to attain their success. With a view of analyzing double impact of SME financial literacy and use of technology on practice of record keeping and risk management as echoed on firm performance, the partial least square structural equation modelling was used to configure the perceived impact of these variables. The results posit a significant relationship between the firm use of technology to its practice of record keeping and performance, a significant positive association of financial literacy and firm risk management practices. Nevertheless the study found insignificant association of financial literacy and firm book keeping practice; it offers unleashed dual practical role of financial literacy and use of technology for improving SMEs financial practices in developing economies.
Authors and Affiliations
Juma Buhimila Mabula, Han Dong Ping
Keywords
Related Articles
- EP ID EP311668
- DOI 10.14569/IJACSA.2018.090611
- Views 119
- Downloads 0
Diagnosis of Parkinson’s Disease based on Wavelet Transform and Mel Frequency Cepstral Coefficients
The aim of this study presented in this paper is to determine the choice of the appropriate wavelet analyzer with the method of extraction of MFCC coefficients for an assistance in the diagnosis of Parkinson's disease. T...
TOWARDS A SEAMLESS FUTURE GENERATION NETWORK FOR HIGH SPEED WIRELESS COMMUNICATIONS
The MIMO technology towards achieving future generation broadband networks design criteria is presented. Typical next generation scenarios are investigated. The MIMO technology is integrated with the OFDM technology for...
Detection and Identification System of Bacteria and Bacterial Endotoxin Based on Raman Spectroscopy
Sepsis is a global health problem that causes risk of death. In the developing world, about 60 to 80 % of death cases are caused by Sepsis. Rapid methods for detecting its causes, represent one of the major factors that...
THE IMPACT OF COGNITIVE TOOLS ON THE DEVELOPMENT OF THE INQUIRY SKILLS OF HIGH SCHOOL STUDENTS IN PHYSICS
The purpose of the study was to compare the effectiveness of two teaching strategies that utilize two different cognitive tools on the development of students’ inquiry skills in mechanics. The strategies were used to hel...
Junction Point Detection and Identification of Broken Character in Touching Arabic Handwritten Text using Overlapping Set Theory
Touching characters are formed when two or more characters share the same space with each other. Therefore, segmentation of these touching character is very challenging research topic especially for handwritten Arabic de...