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Analyzing and Evaluations The Financial Performance of


The Kuwaiti Oil Corporation

 


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Abstract

Analyzing and Evaluations The Financial Performance of The


Kuwaiti Oil Corporation
Prepared By
Meshal Almutairi
Supervised By
Dr. Ali Al-laueth

The present study aimed to knowing the extent of Kuwaiti Oil


Corporation possession of suitable mechanism and methods for its
financial performance that make it able for the duties. Also, the study
aimed to explore the obstacles that prevents the possession of those
mechanisms. This was done by studying the standards of the good
financial performance and exploring the extent of their availability at
the institution according to the point of view of accounting managers
and accountants in the institution. To achieve those objective, the
researcher dealt with two types of data; primary and secondary, which
were collected via the field study and a questionnaire.

The study came up with the following findings


1- That there is a relationship between the qualifications and the
technical experiences of the financial and accounting staff working in
the Kuwaiti Oil Institution possesses and the financial performance.
2- That there is a relationship between the changes of the criteria of
performance and the financial performance of the Kuwaiti Oil
Institution.
3- That there is a relationship between technological advancement and
renewing and the financial performance of the Kuwaiti Oil Institution.
‫م‬

4-That there is a clear and adopted organizational framework that


specifies the authorities of the financial and accounting staff working in
the Kuwaiti Oil Institution and the financial performance.
5- That there is a relationship between the financial regulations and the
financial performance of the Kuwaiti Oil Institution.

The study also came up with a number of recommendations That the


Kuwaiti Oil Institution adopts the complementarily and integration
between the financial and non-financial indicators. And, that it revises
the competitive ability of the institution. That to reconsider the financial
system applied in that the Kuwaiti Oil Institution.
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