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RRL Jam
RRL Jam
DOMINGO
Working Title:
Author/s
Akabom Ita Asuquo, Ph.D., FCCA , Fadenipo Adesola Adenike, ACA, B.Sc.
2 (HONS) , Ogbeche Linus Ogar, B.Sc. (HONS), Ahonkhai Ohimai Ebahi B.Sc.
(HONS) & Grace Edet Okon B.Sc. (HONS)
6 Meyer D.F.,Meyer N.
7
8
9
10
Section:BSAIS 4-3
Year Title
Findings
The study concluded how inflation is Inimical rather than beneficial to the
economy. One of the primary objectives of macroeconomic factors is to gauge
the health condition of a domestic economy as a whole with regard to how a
specific factor affects overall performance of such economy.
The study reveal that where and organization fails to critically account for
inflation or evaluate the current liability and overall economic transaction it
might be overstating the profitability level by charging less estimation of
depriciation cost, and also leading to payment of boisterous tax bills and
dividend. In actual senses the reported profit using historical cost accounting
under inflationary period can simply be a jest, mirage or
over-estimated, as it might not correlates with the firm's actual performance.
The study used descriptive statistics with the aid of Statistical Package for the
Social Sciences (SPSS) for 20 years and concluded that there is an negative
effect on investment return and investment as well.
The main intention of this study was to examine the effect of inflation on banks'
performance in Sri Lanka. Most of the previous researchers have thoroughly
studied the direct effect of inflation on banks’ performance. However,
identifying the need for further investigating the channels through which
inflation influences the banks’ performance, this study analyzes the mediation
effect of interest income and expense in the said relationship
The results from the study has policy implications for developing and
developed regions, which include: Government should ensure stable
macroeconomic conditions especially regarding exchange rates, interest rates
and inflation; SME policy should attempt to protect and support businesses in
times of low growth; promotion of new business development by means of
incentives and removal of known stumbling blocks; the inclusion of an
integrated multi-sector
SME strategy; the facilitation of partnerships; entrepreneurial promotion and
support; ease of access to finance; focus on export promotion; and
competitiveness development. In conclusion, this study agrees with previous
studies that SMEs can contribute significantly to
economic growth and development, but requires policy support focused on both
external and internal factors.