Page 71 - DUT ICGA Abstract Book

INVESTING DECISIONS AND FINANCIAL PERFORMANCE OF A A A A A COMMERCIAL GOVERNMENT AGENCY IN SOUTH AFRICA
Sizwe Perfect Ayanda Ntuli1 and and Zwelihle Wiseman Nzuza2
Durban University of of Technology Department of of Management Accounting South Africa
zwelihlen@dut ac za Abstract
South Africa’s commercial government agencies have reportedly found it difficult to conserve their financial position in fin in order to improve financial performance Investing decisions are a a a a a a significant component of financial financial management practice by by which firms can improve their financial financial performance Guided by by the the contingency theory the the the the study aimed to examine the the the the finance staff perceptions regarding the the the the effect of investing decisions on on financial performance of a a a a a a a selected commercial government agency in in fin in South Africa
The cross-sectional quantitative research and questionnaire approaches were used to collect data from 51 respondents The regression coefficient suggests that there is a a a a a strong causal relationship in the the model with the beta coefficient measured suggesting that investment decision is is a a a a a a a significant predictor of financial performance and the the relationship is positive (β = 0 0 0 827 p< 001) The study recommends that the the firm should consider investing decisions as a a a form of praxis to improved its economic growth KEYWORDS: Investing decisions financial performance commercial government agency Book of Abstracts 69