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September 10, 2025Journal of International Cooperation and DevelopmentOpen Access

Effect of Financial Management Strategies on Financial Performance of Micro and Small Enterprises in Calabar Metropolis

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Authors

JEJoseph O. ElomCACletus Akpo Atah

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Overview

Survey research demonstrates significant effects of budgeting strategies and cash flow management on financial performance of MSEs, indicating necessary improvements.

Key Points

  • Budgeting strategies significantly improve the financial performance of micro and small enterprises in Calabar Metropolis.
  • Data analysis revealed that cash flow management correlates positively with MSE financial outcomes in the commerce sector.
  • Investment decisions play a crucial role in influencing the profitability and resource allocation for micro and small enterprises.
  • Using a validated questionnaire confirmed the reliability of the study, resulting in high Cronbach’s alpha coefficients.

Cite This Study

Elom et al. (2025) studied this question.

synapsesocial.com/papers/68c1bd4854b1d3bfb60eefa4https://doi.org/10.36941/jicd-2025-0008
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