Management and Finance Bulletin

Leveraging Capital Structure for Profitability: Insights from Nepal's Commercial Banks

2024-10-14T23:14:36+00:00

This study aims to examine the relationship between capital structure components and profitability in Nepalese commercial banks. Specifically, it explores how debt management, measured through variables like Debt-to-Asset Ratio (DTA), Short-Term Debt Ratio (STDR), Long-Term Debt Ratio (LTDR), and Total Debt-to-Equity Ratio (TDE), influences profitability indicators such as Return on Equity (ROE) and Earnings Per Share (EPS). A descriptive and causal-comparative research design is employed, analysing secondary data from four leading Nepalese commercial banks—Prime Commercial Bank, Himalayan Bank, NABIL Bank, and Prabhu Bank—over a 10-year period. Regression and correlation analysis are conducted to investigate the relationships between the independent variables (DTA, STDR, LTDR, TDE) and the dependent variables (ROE, EPS). The results reveal that DTA, STDR, and LTDR exhibit weak and statistically insignificant correlations with ROE. In contrast, TDE shows a significant positive relationship with both ROE and EPS, suggesting that a higher Debt-to-Equity Ratio improves profitability. For practitioners, the study suggests that commercial banks should focus on optimising their debt-to-equity ratios to enhance profitability. The limited influence of other debt ratios (DTA, STDR, LTDR) implies that TDE should be a primary focus in capital structure management strategies. Effective debt management strategies that improve bank profitability could contribute to overall economic growth, enhance financial stability, and create better opportunities for financial inclusion in Nepal. This study contributes to the limited body of research on the relationship between capital structure and profitability in Nepalese commercial banks, offering fresh insights into how different debt ratios impact financial performance. Its focus on long-term data from key banks provides a robust analysis of capital structure dynamics in the region.

The Impact of Merger & Acquisition on Employees’ Work Environs, Job Contentment, and Employee Morale in The Public Sector Banks of India

2024-11-12T00:06:02+00:00

The study aims to determine the before-and-after impact of mergers and acquisitions on employees' work environments, job contentment, and employee morale in public-sector banks in India. A conceptual model was developed based on a literature review, and three factors were identified for the purpose of the study. Data were collected from 134 employees from the Indian banking industry. The factors were analysed using SPSS software, reliability analysis, and t-tests. The result shows that there is a positive impact on employee work environs, job contentment and employee morale after the merger & acquisition of banks in the banking industry. Further analysis shows that employees of the banking industry are comfortable in the new work environment, morale is high and are much more motivated after the merger & acquisition. This study identifies the main factors that have an impact on the employees of the banking industry and also responsible for the positive impact on their personalities. The study increases knowledge about employee behaviour before and after mergers & acquisitions in the banking industry and the factors have a significant impact on overall employees’ performance.

Status of Implementation of Mid-Day Meals Scheme: A Study of Tribal Children in Jharkhand

2024-04-07T21:06:29+00:00

The Mid-day Meals (MDM) Scheme, a pivotal initiative launched in 1995 under the UPA Government, aimed to significantly enhance enrolment, retention, and attendance while improving children's nutritional status. Despite the earnest efforts of both the Central and State governments, the implementation of MDM in Jharkhand has not fully achieved its objectives due to lack of funding. The scheme requires investment of more money so that it can reach its optimum level. The research also highlights improper management in dealing with the mid-day meal scheme. Looking at this, the paper delves into the crucial issues related to MDM in the context of the Jharkhand state, emphasizing the importance of this scheme.