International Journal of Environmental, Sustainability, and Social Science
Vol. 5 No. 4 (2024): International Journal of Environmental, Sustainability, and Social Science (Jul

Investing Decisions and Financial Performance of a Commercial Government Agency of South Africa

NTULI, Sizwe Perfect Ayanda (Unknown)
NZUZA, Zwelihle Wiseman (Unknown)



Article Info

Publish Date
31 Jul 2024

Abstract

The financial management of commercial government agencies in South Africa has been beset by challenges in achieving financial performance despite efforts to conserve financial position. Investment decisions present a potential strategy for improving financial performance. Guided by contingency theory, this study seeks to explore the perceptions of finance staff regarding the impact of investment decisions on the financial performance of a selected commercial government agency in South Africa. The study employs a cross-sectional, quantitative research design, utilizing a questionnaire to gather data from 51 respondents. Based on regression coefficients, the analysis reveals a strong positive causal relationship between investment decisions and financial performance. In particular, the beta coefficient indicates that investment decisions significantly predict financial performance (? = 0.827, p < .001). These findings suggest that firms should prioritize investment decisions to improve financial performance and promote growth. Accordingly, we recommend that commercial government agencies prioritize investment decisions to improve financial performance and achieve organizational goals.

Copyrights © 2024






Journal Info

Abbrev

ijesss

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Social Sciences

Description

International Journal of Environmental, Sustainability, and Social Science (abbreviated as IJESSS) p-ISSN 2720-9644 and e-ISSN 2721-0871 is a multidisciplinary journal covering all aspects of the environmental impacts of socio-economic development. The International Journal of Environmental, ...