Skip to main content

Financial Analysis as a Consideration for Stock Exchange Investment Decisions in Tanzania: Recent Trends | Chapter 10 | Emerging Issues and Development in Economics and Trade Vol. 4

Stock exchange investment in Tanzania is growing fast, and many people of different varieties of income are participating in the purchase of shares commonly known as stock exchange. However, there is seemingly little concern on the use of financial analysis on the part of local individual investors when purchasing the shares. Hence, this chapter presents the findings of the study on financial analysis as a consideration for stock exchange investment decision making in Tanzania. The study was originally conducted for four months from July to October 2006. Perhaps it is true that knowledge is vital in all essence, hence we have amalgamated some resent knowledges to make our book more current and understandable. As it is indicated that this chapter is a study which incorporates six brokers, indeed yes but the current situation has seen an increase of brokers to 13. In that regard, we have talked to them in order to amplify this study, and all have cemented the earlier study, and had few new comments. It adopted a survey study incorporating all thirteen registered brokers in Tanzania located in Dar es Salaam. First, the introduction was given, which provided the essentials and the need for financial statements analysis as far as decisions regarding investment is concerned, after which the literature review was done. This was followed by a presentation of the role of Dares salaam stock exchange. Subsequently, the methodology of the study was given, followed by data analysis and discussion of findings. Finally, conclusions and recommendations were given. The chapter concludes that most of investors in Tanzania do not depend on the financial statements analysis of the firms when investing mainly because most of these investors have not acquired knowledge on the importance of financial statements in making decisions regarding the investment. However, big investors such as financial institutions and firms do consider financial statement analysis when investing. This calls for the people and education institution to verge the training of the students on how it is worthy understanding the use of financial information. This should e done through education provided by the people who work with Dar es salaam Stock Exchange and the affiliated institutions. Colleges must understand that purchasing of stocks and affiliated ventures are worthy and should not be considered as a mere business, it is a real business.

Author (s) Details

Norman A. S King
Department of Business Management, Faculty of Business and Economics, University of Iringa, Tanzania.

View Book: - http://bp.bookpi.org/index.php/bpi/catalog/book/159

Comments

Popular posts from this blog

Use of the Arrhenius Equation in Kinetic Analyses and Mathematical Modeling of Rate Data Requires the Most Precise, Even Scrupulous, Application and Term Definitions | Chapter 6 | Theory and Applications of Chemistry Vol. 2

This article presents a critical analysis of the frequent practice of using the Arrhenius equation for mathematical modeling of very many physical and chemical rate processes. This approach may also be used to characterize the controls and mechanisms of the rate processes investigated. We also discuss  the  specific  form  of  the Arrhenius-type  equation  as  a  relationship  meriting  detailed investigations. In our opinion, the use of the Arrhenius relationship often can only approximate to the behavior of such systems, exemplified by the systems discussed below, including the work of N N Semenov, A K Galwey, A G Mershanov, etc. We draw attention to "erroneous" experimental designs, including the so-called "global kinetic mechanism" and other widespread uses of theoretical models which do not necessarily represent the real situation. Such limitations in rate data analyses impact negatively throughout this branch of science. Here we attempt to question these ac

A Brief Study of Middleware Technologies: Programming Applications and Management Systems | Chapter 15 | Novel Research Aspects in Mathematical and Computer Science Vol. 1

  Many platforms, services, applications, hardware, and operating systems are connected through the middleware layer. Because the middleware layer abstracts much low-level complexity and makes applications and software systems portable, it allows disparate systems to interface and function together in harmony. Middleware technologies enable software engineers to swiftly construct software systems and applications, allowing developers to focus on more important tasks. This chapter examines several types of middleware systems and discusses middleware capabilities, middleware operation, middleware's function in cloud-based systems, and the best middleware platforms to use. Middleware systems are widely utilised and can be found in practically any software system or application. Middleware programmes provide as a link between many sorts of systems and protocols. They serve as a mechanism for various systems. To successfully exchange information, it runs on a variety of operating system

A Facility-based Assessment of Internalized Stigma among Patients with Severe Mental Illnesses in Maiduguri, North-Eastern Nigeria | Chapter 05 | Emerging Research in Medical Sciences Vol. 3

Introduction: Public stigmatization of mental illnesses might lead to the internalization of the stigma by persons with mental illness (PWMIs) which might also lead to erosion of self-esteem and negative consequences on treatment outcome. This study assessed the prevalence of internalized stigma and analyzed its socio-demographic and clinical predictors among PWMIs in a sub-Saharan African mental health facility. Methods: Patients with schizophrenia, bipolar disorder and severe depression (n = 370) were randomly interviewed at the out-patient department of the Federal Neuropsychiatric Hospital, Maiduguri. They completed the sociodemographic and clinical proformata, Oslo social support scale, and an adapted version of the internalized stigma of mental illness scale (ISMI). Results: A total of 83 subjects (22.5%) met the study's criterion score for high internalized stigma. The independent predictors of high internalized stigma were; poor social support (Odds ratio, OR =