Information needs of Lending and Financing Institutions in Tanzania: an exploratory study

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dc.contributor.authorKitindi, Ernest G.
dc.date.accessioned2016-07-09T17:24:04Z
dc.date.available2016-07-09T17:24:04Z
dc.date.issued1997
dc.descriptionFull text can be accessed at the following link http://journal.ifm.ac.tz/index.php/AJFM/article/view/92en_US
dc.description.abstractInvestors and bankers use information from financial statements. Financial information enables them to make sound investment decisions and to assess investment opportunities. Studies involving investors and investment analysts conducted in the developed economies of Europe and the USA, among others, sought to determine the type of information sought by those investor The studies also sought to determine the extent to which financial statements were used, or relied on. This study sought to identify the information needs of /ending and financing institutions in Tanzania by determining the type of information they sought, and its use by these institutions, as well as the importance attached to the various components of the corporate annual report. The results obtained suggest that these institutions seek information on future prospects of enterprises, and the most recent financial statements are considered important in evaluating current and potent!a investment opportunities. Further, the balance sheet and the Statement of Source and Application of Funds are regarded the most highly compared to the Income Statement and parts of the corporaterate annual report.en_US
dc.identifier.issn0856-6372
dc.identifier.urihttp://hdl.handle.net/20.500.11810/2996
dc.language.isoenen_US
dc.publisherAfrican Journal of Finance and Managementen_US
dc.titleInformation needs of Lending and Financing Institutions in Tanzania: an exploratory studyen_US
dc.typeJournal Articleen_US
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