Factors affecting financial sustainability of non governmental organizations in Ghana. A study of ngos in bono regions
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Date
2021
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KNUST
Abstract
Financial sustainability of ngos has become a global concern in the wake of global financial crisis which has reduced donor funds from developed economies to developing countries. Ngos play an important role in developing countries like Ghana and as such their financial sustainability is very important not only for the ngos but the Ghanaian economy. The study examined the factors that determine financial sustainability of ngos in Ghana based on the following variables; diversification of funds, competence of staff, strategic financial design and donor and management relationship. The study sampled 31 NGO where data was collected through the administration of questionnaires. Data was analysed using various statistical tools such as frequencies, graphs, tables and regression analysis. The study concluded that diversification of funds, the Competence of Staff and strategic financial design had no impact on the financial sustainability of ngos. It was on donors and management relationship that had an impact on the financial sustainability on their organisation. This result show that ngos in Ghana are not financially sustainable and as such need income generating income measures that will help them to be financially reliable
Description
A thesis submitted to the department of accounting and finance college of humanities and social sciences in partial fulfilment of the requirements for the degree of master of science (accounting and finance)