Assessment of financial management practices of poultry farms in the Atwima Kwanwoma district - Ashanti Region, Ghana

Thumbnail Image
JULY, 2015
Journal Title
Journal ISSN
Volume Title
The assessment of financial management practices of poultry farms was examined for 23 poultry farmers in the Atwima Kwanwoma District in Ashanti region. Questionnaires were self administered to correct the data from respondents. Data were gathered from farmers and farm Managers to understand the capital acquisition practices, capital investment decision making, dividend decision and processes business analysis techniques used by these farms and challenges faced by the poultry industry. The study provides estimates regarding the adoption of various financial management practices, and result showed that the poultry industry in Ghana and for that matter Atwima Kwanwoma District is contributing effectively to the growth and development through the provision of food, employment and taxes to the economy. Many of the farmers are particular about productivity and making profits. As such, farmers employ all means to ensure efficiency, however the use of effective financial management practices has been minimal and as a result has affected negatively on their performance. The results also suggest that the adoption of financial management practices such as using investment analysis techniques significantly impact farm financial performance
A dissertation submitted to the Knust School of Business,Kumasi in partial fulfillment of the requirements for the award of a Master of Business Administration (Finance Option) degree,