TABLE OF CONTENT
CHAPTER ONE
Introduction
1.1
Statement of the problem and purpose of study
1.2
Rationale of the study
1.3
Significance of the study
1.4
Background of the study
1.5
Definition of the terms
CHAPTER TWO
Literature review
2.1
Meaning, role and nature of finance
2.2
Function of financial management
2.3
The role of financial management
2.4
Financial and organization management of Niger gas limited
2.5
Capital structure
2.6
Organizational structure
2.7
Application of financial management and control
CHAPTER THREE
3.1
Hypothesis, research design and methodology
3.2
Method of data collection and analysis
3.3
Location of data
3.4
Limitation of the study
CHAPTER FOUR
4.1
Data presentation
4.2
Data analysis
4.3
Discussion of result analysis
CHAPTER FIVE
Summary, conclusion and
recommendation
5.1
Summary
5.2
Recommendation
5.3
Conclusion
5.4
Recommendation for the further studies
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 STATEMENT
OF THE PROBLEM AND PURPOSE OF THE STUDY
The statement of the
problem is to carryout an investigation into the field of financial management
practice in government owned companies, with particular reference to Nigeria
limited and also highlight the financial problem facing these companies in this
problem the main purpose of this study is to:
·
To identify and examine
some factors that militate against successful financial management of
government owned companies
·
To find out why those
problem have been difficult to solve and make recommendation and suggestion on
how they should be solved.
·
Explore other areas
which in the writers opinion are relevant for effective management of funds.
·
To recommend generally
and specifically the study of financial management.
1.2 RATIONALE
OF THE STUDY
Financial management
vary necessary according to the nature of the enterprise concerned, once the
corporation objective have been defined, the examination of the whole business
structure and the related financial need as follows:
The goal and objective of financial management is to maximize the shareholder
wealth by this view they should formulating the firms objective in terms of the
share holder interesting the main base of financial market is implemented. That
mean the firms with better performance will have higher stock price and
additional funds can be commonly pressure the aims of financial management is
the maximization of the firms value (i.e. profit maximization relative to
investment).
To obtain these, some
unprofitable short run may be required
Financial management
objective of the company is to maximize its value to their share holders.
1.3 SIGNIFICANCE
OF THE STUDY
Financial management is
very important for the achievement of the firms goal and objective. Because it
help the financial manager to carry out their effective project financial
management in government owned companies help to see how the field of financial
management will contribute to a better improvement of the study of finance,
there by minimizing the result of our investment and divided decision by
companies.
It helping the finance manger for decision making by planning for futuristic
event that may occur for day to day business activities.
1.4 BACKGROUND
OF THE STUDY
Nigeria limited, an economic
parastatals was incorporated in may 1962 under ordinary company law as a
partnership between the form Nigeria government and said machine. The supplied
plant to the company and managed the affair until the war broke out in 1967 is
only indigenous gas producing company in Nigeria.
After the war in 1970, the company was reactivated and started production on 1st April
1975. between 1983 and 1984 there was cram shaft broke down which resulted in
the stoppage of production. The company received #733.000 from the state
government which was later converted into their share and also as loan.
1.5 DEFINITION
OF THE TERMS
Financial management may
be defined as the function and areas of responsibilities of financial manager
such as.
·
The raising of funds to
finance project.
·
The employment of funds
to raised in viable project
·
The management of the
cash flow arising from these project
·
The return of funds to
the funding sources. This fund are raised from financial market and allocated
among different uses the flow of fund involved in the operation of the
enterprise are managed. The financial management in the provision of fund of
time it is required any person responsible for finance in any form, is
confronted with the prospects of inflow and outflow at receipts and payment and
they arise.
Department | Banking and Finance |
Project ID Code | BFN0076 |
Chapters | 5 Chapters |
No of Pages | 38 pages |
Methodology | Null |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2349067372103 |
Contact Us On | +2349094562208 |
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