...Addis Ababa University College of Business and Economics Masters of Business Administration Factors influencing the Profitability of Private Commercial Banks in Ethiopia Abraham Redi I.D. No. 1444/07 Section I Submitted to: Matios Ensermu (PhD) Presented as a Partial Fulfillment for the course Business Research Methodology (MGMT601) December, 2015 Addis Ababa, Ethiopia I. Table of Contents Chapter One ……………………………………………………………………………………….1 1.1 Introduction 1 1.2 Background of the Study 3 1.3 Statement of the Problem 5 1.4 Research Questions 6 1.5 Objectives of the Study 7 1.5.1 General Objective of the Study 7 1.5.2 Specific objective of the study 7 1.6 Scope and Limitation of the Study 7 1.6.1 Scope of the Study 7 1.6.2 Limitation of the Study 8 1.7 Significance of the Study 8 1.8 Operational Definitions 9 1.9 Organization of the paper 9 Chapter Two ……………………………………………………………………………………...10 2 Literature Review 10 2.1 Measures of Bank Performance/Profitability 10 2.2 Factors Influencing Bank Performance/Profitability 10 2.3 The influence of Bank-specific factors on Bank Profitability 11 2.3.1 Capital Adequacy 11 2.3.2 Assets Quality 12 2.3.3 Management Efficiency: Operational Costs Efficiency 12 2.3.4 Earning ability: Diversification of Income 13 2.3.5 Liquidity 14 2.4 The Influence of Industry-specific Factors...
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...Mekelle University College of Business and Economics Department of Accounting and Finance THE DETERMINANTS OF CAPITAL STRUCTURE Evidence from Commercial Banks in Ethiopia By K i b ro m M e h a ri F i s s e h a Reg.No.-CBE/PR0025/01 Research Project Submitted to the Department of Accounting and Finance, College of Business and Economics, Mekelle University, for the partial fulfillment of the degree of Master of Finance and Investment Under the Guidance of Aregawi Gebremichael (Ph.D. Candidate) Assistant Professor May, 2010 Mekelle, Ethiopia i THE DETERMINANTS OF CAPITAL STRUCTURE Evidence from Commercial Banks in Ethiopia By Kibrom Mehari Fisseha Reg. No. CBE/PR0025/01 ii DECLARATION I, Kibrom Mehari Fisseha, hereby declare that the project work entitled “The Determinants of Capital Structure: Evidence from Commercial Banks in Ethiopia” submitted by me for the award of the degree of Master of Science in Finance and Investment of Mekelle University, is original work and it hasn’t been presented for the award of any other Degree, Diploma, Fellowship or other similar titles of any other university or institution. Place: Mekelle Signature: Date: May, 2010 ………………….. KIBROM MEHARI FISSEHA iii CERTIFICATION I certify that the project work entitled “The Determinants of Capital Structure” is a bona-fide work of Mr. Kibrom Mehari who carried out the research under my guidance. Certified further, that to the best of my...
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...Determinants of Loan Repayment Performance of Smallholder Farmers: The Case of Kalu District, South Wollo Zone, Amhara National Regional State, Ethiopia Zelalem Gebeyehu1*, Hassen Beshire1 and Jema Haji2 1 Department of Economics, Wollo University, P.O Box. 1145, Dessie, Ethiopia. * Corresponding author Email: zelalemgebeyehu1936@gmail.com 2 Department of Agricultural Economics, Haramaya University, P.O Box.138, Dire Dawa, Ethiopia. ____________________________________________________________________________ ABSTRACT In this study to compare defaulters and non-defaulters in terms of different explanatory variables and determine the extent of default in the repayment of loan offered to smallholder farmers in the study area were assessed. Smallholder farmers require improved agricultural technologies, knowledge and inputs such as fertilizer, improved seeds, pesticides and others that help to increase production and productivity thereby transforming their farm structure and capacity. Large investment cannot be made by the farmers out of their own funds because of their low level of incomes. Even though there are attempts to solve these rural financial difficulties by the government through extending rural financial institutions, because of social, economic and institutional factors, a number of farmers turned out to be defaulters. When such difficulty arises, the lending institution faces a problem. This study focused on the analysis of determinants of loan repayment performance...
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...Merger: Valuation Process and Evaluation of Financial Performance in case of United Insurance Company and Shama Plc By: Jemaneh Bayou January 2008 Advisor: Abebe Yitayew (Asst. Professor.) A PROJECT PAPER SUBMITTED TO THE SCHOOL OF GRADUATE STUDIES OF ADDIS ABABA UNIVERSITY IN PARTIAL FULFILLMENTS OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF SCIENCE IN ACCOUNTING AND FINANCE ADDIS ABABA UNIVERSITY SCHOOOL OF GRADUATE STUDIES Faculty of Business & Economics Department of Accounting & Finance Merger: Valuation Process and Evaluation of Financial Performance in case of United Insurance Company and Shama Plc By Jemaneh Bayou Hailu January 2008 Approved by board of examiners Asst. Professor Abebe Yitayew Advisor Examiner ___________________ Signature ___________________ Signature Examiner ___________________ Signature Statement of Certification This is to certify that Jemaneh Bayou has carried out his project work on the topic “Merger: Valuation Process and Evaluation of Financial Performance in case of United Insurance Company and Shama Plc” under my supervision. In my opinion, this work qualifies for submission in partial fulfillment of the requirements for the award of Degree of Masters of Science in Accounting and Finance. Signature________________ Abebe Yitayew (Asst.Professor) Project Advisor Statement of Declaration I declare that this project work is my original work. It has not been submitted for any degree/Diploma in any University. I have undertaken...
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...Table of Contents 1. INTRODUCTION 1 1.1 Back Ground of the Study 1 1.2 Statement of the Problem 2 1.3 Objective of the Study 3 1.3.1 General Objective 3 1.3.2 Specific Objectives of the study 3 1.4 Research Questions 3 1.5 Scope of the Study 4 1.6 Significance of the Study 4 1.7 Limitation of the Study 4 2. REVIEW RELATED LITERATURE 5 2.1 Introduction 5 2.2 Credit Assessment 5 2.3 Credit Appraisal 6 2.4 Credit Documentation 6 2.5 Collateral 7 2.6 Interest Rate 7 2.7 Size of Loan 8 2.8 Purpose of Loan 8 2.9 Loan Period 8 2.10 Disbursement 9 2.11 Repayment of Bank Loans 9 2.12 Monitoring and Follow up 9 2.13 Factoring of Debtors through Credit Bureaus 10 2.14 Portfolio Management 10 3. RESEARCH METHODOLOGY 11 3.1 Research Method 11 3.2 Method of Data Collection 11 3.3 Determination of Population Size of the Study 12 3.4 Sample Size 12 3.5 Method Data Analyses 12 4. TIMELINE 12 5. BUDGET BREAKDOWN 13 6. REFERENCES 13 1. INTRODUCTION 1.1 Back Ground of the Study Bank lending is guided by credit policies which are guidelines and procedures put in place to ensure smooth lending operations. Bank lending if not properly assessed, involves the risk that he borrower will not be able or willing to honor their obligations (Feder & Just 1980). In order to lend, banks accept deposits from the public against which they provide loans and other form of advances. Since they bear a cost for carrying these deposits, banks undertake lending activities...
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... Introduction 1.1Background of the study The role of the Internal Audit traditionally has been limited to expressing Recommendations on financial statements and related issues of legality, regularity and fraud. This involves assessments of whether transactions were properly controlled, whether care was taken in the collection and custody of revenues, whether expenditures were properly incurred and generally, whether the executives’ intentions were being met. However, this approach does not provide information on waste, inefficiency or ineffectiveness. Increased public expenditure, the need for more rational and informed decision making in the use of resources and the growing demand for public accountability of those who manage public resources necessitated a new and expanded scope audit–performance audit.Today, performance audit has become one of the major tasks in most developed and in some developing countries. According to Financial administration proclamation 648/2001 (E.C) article No 7 sub article 1 (a) Internal audits in Ethiopia are already provided with mandates to undertake performance audit in the public bodies. Traditional financial and compliance audits will continue to play an essential part; it is anticipated, however, that there will be a gradual and planned growth of performance audit work. 1.2 Objective of the study 1.2.1 General objective The general objective of this study is to evaluate whether the Ethiopian public sectors...
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...and Lideta Sub-Cities, Addis Ababa By Admasu Abera A Thesis submitted to the school of graduate studies of Addis Ababa University in partial fulfillment of the requirements for the Master of Business Administration (MBA) degree Addis Ababa University Addis Ababa, Ethiopia October 2012 Factors Affecting the Performance of Micro and Small Enterprises in Arada and Lideta Sub-Cities, Addis Ababa By Admasu Abera A Thesis submitted to the school of graduate studies of Addis Ababa University in partial fulfillment of the requirements for the Master of Business Administration (MBA) degree Addis Ababa University Addis Ababa, Ethiopia October 2012 Declaration I, the undersigned, declare that this study entitled “Factors Affecting the Performance of Micro and Small Enterprises in Arada and Lideta sub-cities, Addis Ababa” is my own work. I have undertaken the research work independently with the guidance and support of the research advisor. This study has not been submitted for any degree or diploma program in this or any other institutions and that all sources of materials used for the thesis have been duly acknowledged. Declared by Name: Admasu Abera Signature: _____________ Date: October 2012 Place: Addis Ababa, Ethiopia Advisor: Fesseha Afewerk (Ast. Prof.) Signature: ______________ Date: __________________ Addis Ababa University School of Graduate Studies This is to certify that the thesis prepared by Admasu Abera, entitled: Factors Affecting the Performance...
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...Woreda, Tigray Group Members 1. Bersabeh Elias 2. Dagmawit Meried 3. Kalkidan Amdie 4. Kalkidan Wubie 5. Maria Alemu June 21/2014 Addis Ababa Content Introduction ? i. Title page * The title page did not have a page number (which is correct) * The purpose of the research was clearly specified as : A Research Proposal Submitted in Partial Fulfillment of the Requirements for the Master of Arts Degree in Development Studies * Name of the researcher is stated: * Advisor and co-advisors are mentioned * Place, Month and year (December 2011) is also mentioned ii. Acronyms Abbreviation should have come before/at the beginning of the proposal next to title page. (The abbreviations are in alphabetic order, which is correct) The following abbreviations are used in the proposal but not found in the list of abbreviations FAO – Food and Agriculture Organization FDRE – Federal Democratic Republic of Ethiopia HIV/AIDS – Human Immunodeficiency Virus/ Acquired Immuno- Deficiency Syndrome MFI – Micro Finance Institution MSE –Small and Medium Sized Enterprises NAP-GE – National Action Plan for Gender Equality NGO – Non Governmental Organization REWA – Revolutionary Ethiopian Women’s Association UN – United Nation UNDP – United Nations Development Program UA – Urban agriculture is put as “UA (Urban Agriculture)” which is not necessary as the abbreviation is explained in the list of abbreviations...
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...Mekelle University Institute of Environment, Gender and Development Studies Department of Gender and Development studies A Research Proposal On An Assessment on the role of micro and small enterprises on economic empowerment of women: a Survey of Women operated Enterprises the case of Mekelle city, Tigray In Partial fulfillment of the requirements for obtaining the Masters Degree in Gender and Development Studies By: Tsega Ymesel January, 2015 Mekelle, Ethiopia Table of Content Table page 1. Introduction 1 1.1 Background 2 1.2 Statement of the Problem 4 1.3 Objective 5 1.3.1 General Objective 5 1.3.2 Specific Objectives 5 1.4 Significant of the Study 6 1.5 Scope and limitation 6 1.6 Organization of the Paper 6 3. Methodology and Materials 7 3.1 Description of the Study Area 7 3.2 Research Method and Procedures 8 3.2.1 Data type and Source 8 3.2.2 Study Design 8 3.2.2.1 Sampling 8 3.2.2.1.1 Sample frame 8 3.2.2.1.2 Sample Size Determination 8 3.2.2.1.3 Sampling Techniques and sample Size 8 3.2.3 Data collection and Instruments 9 3.2.4 Variables of the study 9 3.2.5 Data Processing and Analysis 9 3.2.6 Model Specification 10 REFERENCE 12 1. Introduction There are different ways of defining the term small and micro enterprises in different countries. The base for defining is depends on the number...
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...\ FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO AND SMALL ENTERPRISES (THE CASE OF DESSIE TOWN) BY MULUGETA CHANE WUBE BAHIR DAR UNIVERSITY AUGUST, 2010 FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO AND SMALL ENTERPRISES (THE CASE OF DESSIE TOWN) A Thesis Presented in Partial Fulfillment of the Requirements for Degree of Master of Arts in Technical and Vocational Education Management By Mulugeta Chane Wube BAHIR DAR UNIVERSITY FACULTY OF EDUCATION AND BEHAVIORAL SCIENCES DEPARTMENT OF EDUCATIONAL PLANNING AND MANAGEMENT AUGUST 2010 BAHIRDAR UNIVERSITY DEPARTMENT OF EDUCATIONAL PLANNING AND MANAGEMENT FACTORS AFFECTING THE PERFORMANCE OF WOMEN ENTREPRENEURS IN MICRO AND SMALL ENTERPREISES IN DESSIE TOWN Approval of Board of Examiners ___________________________ _____________ ________________ Chair person, department Graduate committee Date Signature ___________________________ Advisor _____________ Date ________________ Signature ___________________________ Internal examiner _____________ Date ________________ Signature ___________________________ External examiner _____________ Date ________________ Signature ACKNOWLEDGMENT This work comes in to end not only by the effort of the researcher but also the support of many individuals and organizations. To begin with, I would like to thank Ato Adane Tesera, my advisor, for his constructive suggestions throughout my work. Had it been without his support, this...
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...TABLE OF CONTENTS PAGE CHAPTER ONE 3 1. INTRODUCTION 3 1.1. BACKGROUND OF THE STUDY 3 1.2. STATEMENT OF THE PROBLEM 4 1.3. OBJECTIVES OF THE STUDY 5 1.3.1 GENERAL OBJECTIVES 5 1.3.2. SPECIFIC OBJECTIVES 5 1.4. SCOPE OF THE STUDY 6 1.5. METHODOLOGY OF THE STUDY 6 1.5.1. DATA SOURCE 6 1.5.2. METHOD OF ANALYSIS 7 1.6. LIMITATION OF THE STUDY 7 CHAPTER TWO 8 2. REVIEW OF LITRATURE 8 2.1.MATERIALS MANAGEMENT 8 2.2. OBJECTIVES OF MATERIALS MANAGEMENT 9 2.3. PRICE DETERMINATION 10 2.4. INFLATION 13 2.5. HOUSING THE POOR 13 2.6. Integrated Housing development program 17 2.7. Hawassa city housing development project office 19 2.8. Different type of houses and price of transferring 20 CHAPTER THREE 21 3. DATA PRESENTATION, ANALYSIS AND INTERPRETATION 21 3.1. Beneficiary (dwellers) characteristics (sample population) 21 3.2.1. TYPE OF HOUSES ASSIGNED FOR BENEFICIARY IN THE SAMPLE…. 25 3.2.2. DWELLERS WILLINGNESS TO BUY HOUSES 26 3.2.3. PRICE OF HOUSES AND THE FACTORS THAT AFFECTS THE PRICE OF HOUSES ………………………………………………………………………………...26 3.2.4.CONSTRUCTION MATERRIALS AND THE MARKET PRIC………………..27 3.2.5.GENERAL OPINION OF DWELLERS 28 3.2.6. PRICE OF CONSTRUCTION MATERIALS AND BENEFICIARY OPINION.29 CHAPTER FOUR 33 4. CONCLUSION AND RECOMMENDATION 33 4.1. CONCLUSION 33 4.2 RECOMMENDATION ---------------------------------------------------------------------...
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...National Bank of Ethiopia MODERNIZATION OF THE NATIONAL PAYMENT SYSTEM IN ETHIOPIA Part 3 Vision and Strategic Framework May 2009 Jan Woltjer Consultant on payments and securities settlement Leila Elmasry and Vladislav Babin (IT-consultants) Version 6 05-25-09 i CONTENTS 1 Introduction 1 2 Mission Statement and Vision 3 3 Guiding Principles 5 4 Main Strategies 9 4.1 Risk reduction 9 4.2 Enlargement of access to banking and payment services 14 4.3 Enlargement of electronic networks of individual banks and interoperability 17 5 Business Process Modeling and Architecture of the New NPS 19 5.1 The central role of electronic data exchange in the new NPS 19 5.2 Centralized clearing of large value payments 21 5.3 Centralized versus decentralized clearing of retail payment instruments other than cheques 22 5.4 Centralized versus decentralized clearing of cheques 24 5.5 Overall architecture of the NPS 25 5.6 The NPS communication network 31 6 Outline of the Strategic Plan 38 6.1 Core elements of the strategic plan 38 6.2 Systems and facilities to be acquired 39 6.3 Efficient use of modern technology to reduce investment costs and to avoid possible underutilization of the systems 39 7 Working out of the Core Elements 43 7.1 Development of a legal framework and physical infrastructure that will Support the new NPS 43 7.2 The communication network 46 7.3 The infrastructure for large value and time critical payments 48 7.4 Payment instrument...
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...Impact of Asset Liability Management on Banks Profitability: A Comparative Study on Ethiopian Commercial Banks” Prepared by: Samson Abate ID No. GSE/1482/08 Submitted to: Samuel Kifle(Phd.) In Partial fulfilment of Business Research Methods Course January, 2016 Abstract Banks’ profitability is of utmost concern in modern economy. Banks are in a business to receive deposits or liabilities and to issue debt securities on the one hand and create or invest in assets on the other hand. Commercial Banks incur costs for their liabilities and earn income from their assets. Thus profitability of banks is directly affected by management of their assets and liabilities. In addition, different market and macroeconomic factors also influence the ability of the banks to make profits. The asset and liability base of banks in developing countries are narrower than their counterparts in developed countries. This study examines how asset and liability management together with external variables such as degree of market concentration and inflation rate impact the profitability of selected commercial banks in Ethiopia. Although impact of the management of banks’ asset and liability on their profitability has been studied by a number of researchers, the issue of banks’ profitability in Ethiopia has received scant attention from the researchers. This study is an attempt to close this gap, to bring the issues of banks’ assets and liability management in Ethiopia squarely into focus for...
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...Harmonized Curriculum for Civics & Ethics Common Course for Under Graduate Degree Program Ethiopia August 2009 Addis Ababa, Ethiopia Course Title: - Civics and Ethics Course Code: - CvEt 201 Credit Hours: - 3 Learning Outcomes A graduate from Ethiopian higher education institution who has taken this course:will be inquisitive, critical, analytic, integrative and morally balanced person. exhibits higher ethical standards like open-mindedness, rational thinking, evidenceoriented personality and problem solving skills with high professional spirit. tends to be more participatory in socio-economic and political endeavors will be practical, highly concerned, responsible and loyal to his/her nation Course Objectives At the end of this course, students will be • familiar with key concepts like civics, ethics and profession • equipped with basic knowledge, skills and attitude of socio-economic and political issues of their country • familiar with government institutions, policies, strategies and legal provisions of their country • able to analyze the dynamics of socio-economic and political transformations of their country • able to develop the knowledge of work habit; professional, environmental, development and public service ethics, and their repercussions • familiarized with foundations of democracy and good governance and tools of democratization process • able to assess the values of multi-culturalism and tolerance for mutual understandings and co-existence • able to gain an...
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...A GLOBAL / COUNTRY STUDY AND REPORT ON ETHIOPIA MBA SEMESTER-IV [Batch: 2011-13] SABAR INSTITUTE OF MANAGEMENT (751) Affiliated to Gujarat Technological University Ahmedabad 1 Index Topic Page No. Part-1: Macro Analysis of Germany (Sem-III) Country Profile 3 Industries 6 PESTEL Analysis 7 Part-2 Industry Study(Sem-IV) Pharmaceutical Industry 39 Shipping Industry 46 Agriculture Industry 52 Insurance Industry 60 Leather Industry 64 Telecommunication Industry 68 Ceramic Industry 75 2 Part-1: Overview of Ethiopia Ethiopia is located in the Horn of Africa. It‘s proximity to the Middle East and Europe, together with its easy access to the major ports of the region, enhances its international trade. Ethiopia is boarded by the Sudan on the west, Somalia and Djibouti on the east, Eritrea on the north and Kenya on the South. The diverse topography of the country generally features rugged mountains, flat-topped plateaus, deep river canyons, rolling plains and lowlands. Ethiopia adopted a new constitution that established the Federal Democratic Republic of Ethiopia (FDRE) in 1995. The federal government is responsible for national defense, foreign relations and general policy of common interest and benefits. The federal state comprises nine autonomous states vested with power for self-determination. The federal state is headed by a constitution president and the federal government by an...
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