{"title":"Microfinance Companies on Entrepreneurship Development in Nepal","authors":"B. Panthi, Ambika Chalise","doi":"10.3126/njmgtres.v2i1.48260","DOIUrl":"https://doi.org/10.3126/njmgtres.v2i1.48260","url":null,"abstract":"This is survey based article. It is conducted with different microfinances institutions (MFIs) that branches are located in Bharatpur, Chitwan and Gaidakot, Nawalparasi. Respondents are 120 micro-entrepreneurs and 20 employees of the same MFIs are taken as respondents. Data and information are collected through questionnaires and interview. The questionnaires are distributed among the 120 sample micro-entrepreneurs and 20 employees of MFIs. The relationship between MFIs and entrepreneurships are analyzed through the use of chi square test. The article concluded that MFIs play significant role in enhance micro-enterprises operation. The study concluded that there are various barriers impede entrepreneurs’ development. The major challenges involve negligence of government for the entrepreneurship development and lack of finance for the proper development of the enterprises. Poor financial literacy, poor management of market area and the lack of infrastructure development are also the challenges. Other factors that hindered enterprises growth that was cited by entrepreneurs: Interest rates charged are too high, rigid payment period; local market is not well diversified, high competition among the local entrepreneurs, no support from the local municipality. Despite the various problems and challenges, MFIs have a positive impact on the entrepreneurship development in overall study.","PeriodicalId":394730,"journal":{"name":"Nepalese Journal of Management Research","volume":"175 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116008335","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Capital Budgeting Technique Used in Nepalese Manufacturing Small and Medium Sized Enterprises","authors":"N. Adhikari","doi":"10.3126/njmgtres.v2i1.48258","DOIUrl":"https://doi.org/10.3126/njmgtres.v2i1.48258","url":null,"abstract":"This paper examines the extent of usage of capital budgeting techniques in small and medium sized enterprises (SMEs) and factors influencing on the choice of capital budgeting techniques adopted by SMEs. A self-administered structured questionnaire survey was conducted with 48 small and medium sized manufacturing enterprises operated in Banke district and information has been gathered through questionnaires and personal interviews. The respondents were chief financial officer and concerned authorities of the firm responsible for long term investment decision. Results of the study reveal that payback period is the dominant capital budgeting technique used in SMEs. The results found that net present value was also the most prevalent capital budgeting method. Net present value as the capital budgeting technique is higher in SMEs who operate in the industry for more than 10 years. Easy to explain to top management, obsolescence due to technological developments and simplicity leading to less time and cost involved revealed the main reasons for using the payback period method. Some of the firms are using discounted cash flow methods of capital budgeting and preferring net present value over internal rate of return.","PeriodicalId":394730,"journal":{"name":"Nepalese Journal of Management Research","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126095836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Practices of Teachers' Motivation in Community College","authors":"Ashmita Dahal Chhetri","doi":"10.3126/njmgtres.v2i1.48261","DOIUrl":"https://doi.org/10.3126/njmgtres.v2i1.48261","url":null,"abstract":"This paper entitled, \"Practices of Teachers’ Motivation in Community College” was conducted in Chitwan district of Nepal. Exploring what practices are enacting while motivating the teachers in community colleges from an unexplored context provides important and critical information for scholars. In this context, this study explored the motivational practices for teacher’s motivation in community colleges in Nepal. Three out of twelve community colleges of Chitwan district were selected for this study. Teachers were taken as the respondents for the study. This study adapted focused interview design of qualitative approach.\u0000The verbal data or information generated from different respondents using semi-structured and open-ended interview questionnaires were analyzed and interpreted with reference to Herzberg's dual factor theory and Stacy Adams equity theory. Finding of the study, revealed that community college in Nepal are attempting to motivate their teachers to adopt widely used good practices as in other organizations of similar nature. However, they are unable to implement those practices as per the expectations of their teachers due to insufficient resources and lack of systematized procedures. Those college are seeking more support from their affiliating universities, University Grand Commission and also from the state, province and local government.","PeriodicalId":394730,"journal":{"name":"Nepalese Journal of Management Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122074531","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of Human Resource Management Practices on Organizational Citizenship Behavior in Nepalese Financial Institutions","authors":"G. Pradhan, P. Shrestha","doi":"10.3126/njmgtres.v2i1.48259","DOIUrl":"https://doi.org/10.3126/njmgtres.v2i1.48259","url":null,"abstract":"Human resource management (HRM) practices refer to all the activities necessary for manpower management of the organization. It is the process of acquisition, development, utilization, and maintenance of human resources in the organization for its long-term sustainability. The emergence of a liberal economy and globalization bring a rapid change in HRM practices and its impact on organizational citizenship behavior for improving organizational competitive strengths. At present human resources are said to be the human capital that can play a significant role in improving competitive advantage and sustaining business activities of all organizations including financial institutions. The purpose of this study is to examine the impact of HRM practices on the organizational citizenship behavior of employees working in Nepal's financial institutions, which include commercial banks, development banks, finance companies, and insurance companies. In this study, HRM practices involve four variables consisting of training and development, performance appraisal, compensation system and employee participation. For the study, the opinions of 405 employees of financial institutions working at managerial, officer and assistant levels are taken into account. Pearson Correlation is used to determine the relationship between HRM practices and organizational citizenship behavior, whereas multiple regression is used to examine the impact of HRM practices on organizational citizenship behavior. The findings reveal that HRM practices have a positive association and also have an impact on the organizational citizenship behavior of Nepalese financial institutions.","PeriodicalId":394730,"journal":{"name":"Nepalese Journal of Management Research","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123786435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Relationship Between Human Resource Management Practices And Employee Commitment","authors":"Laxman Raj Kandel","doi":"10.3126/njmgtres.v2i1.48265","DOIUrl":"https://doi.org/10.3126/njmgtres.v2i1.48265","url":null,"abstract":"The general objective of the study was to analyze the relationship between human resource management practices and employee commitment in Nepalese commercial banks. Descriptive research design was once used for the study. The study targeted 250 employees in Nepalese commercial banks. Questionnaires had been used as instruments for data collection. Descriptive and inferential information had been used to analyze the data. The study observed that all the human resource management practices studied influences employee commitment. This is evidenced by the findings that employee commitment is positively related with compensation, training and development, career planning, employee participation, and performance appraisal. The study concluded that human resource management practices such as compensation, training and development, career planning, employee participation, and performance appraisal influence employee commitment at Nepalese commercial banks is it affective, normative and continuance commitment in the organization. It is recommended that Nepalese commercial banks should improve on other aspects of human resource management practices such as compensation, and training and development as they had weaker relationship compared to other variables. The research finally endorsed that another study be prepared in other banks on the encounters facing the enactment of human resource management practices intended at motivating employees.","PeriodicalId":394730,"journal":{"name":"Nepalese Journal of Management Research","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128313757","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Loan Delinquency in Microfinance Institutions (MFIs): Ways to Overcome the Problem","authors":"Basu Dev Lamichhane","doi":"10.3126/njmgtres.v2i1.48264","DOIUrl":"https://doi.org/10.3126/njmgtres.v2i1.48264","url":null,"abstract":"Microfinance institution (MFI) deliquency management is a new topic in the world of microfinance. The major goal of the article is to examine at delinquency management strategies in MFIs in Nepal, as well as the causes of loan delinquency and how to improve loan delinquency. The study’s goal necessitated an evaluation of relevant literature. In Nepal, the ratio of non-performing loans (NPLs) in the microfinance sector has been rising. The study found that adopting governance in loan delivery procedures, client identification, effective credit appraisal, and review of client credit history, professional knowledge of clients, client literacy, and identification of clients over indebtedness, credit monitoring and controls, and loan utilization can reduce MFI delinquency. The aim of this research is to help MFIs improve the quality of their loan portfolios. It shows that institutionally efficient MFIs may be able to meet both their social and financial goals. The conclusions of this article will aid MFIs in reducing NPL and better managing delinquency.","PeriodicalId":394730,"journal":{"name":"Nepalese Journal of Management Research","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131641880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}