ASSESSING EFFECTIVENESS OF FINANCIAL MANAGEMENT PRACTICES IN EMERGING MARKETS

Author Name: 1. Dr. Jaleshwar Bhagat

Volume/Issue: 05/09

Country: India

DOI NO.: 08.2020-25662434 DOI Link: https://doi-ds.org/doilink/02.2025-59154497/UIJIR

Affiliation:

1. Assistant Professor, BIT, Mesra, Lalpur Unit, India.

ABSTRACT

This research studies the effectiveness of financial management techniques in emerging economies. It concentrates on the strategy applied by financial managers, challenges that firms face, and how such techniques influence firm performance. This study conducts a survey of financial experts in five emerging economies, including India, Brazil, South Africa, Indonesia, and Mexico. Quantitative and qualitative methods used in the study include secondary data analysis, semi-structured interviews. The study highlights vital financial practices such as risk management, capital allocation, and the use of financial technology in addition to issues such as inflation, political uncertainty, and capital availability. The strategic financial practices that most affect better business performance are capital allocation, risk management strategies, regular financial forecasts, and FinTech, according to regression study. The findings will significantly be of great value for businesses in emerging markets so as to improve their management of finance and performance in any given changing economic climate.

Key words: Financial Management Practices, Emerging Markets, Capital Allocation, Risk Management, Financial Forecasting, Financial Technology.