A theoretical framework for four key selected determinants of Municipal financial performance
Nzuza, Zwelihle Wiseman
Lekhanya, Lawrence Mpele
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The aims of this study are twofold: to identify factors influencing the success of municipal financial performance and to design a model for key selected determinants of municipal financial performance. The study was cross-sectional and quantitative in nature and the questionnaire was an instrument used for data collection, and was distributed to only one municipality in the Kwa-Zulu Natal (KZN) Province. The sample consisted of 82 respondents, selected using a census sampling method. The proposed theoretical framework was designed following a literature review. The factors that fitted to the best were then selected as the basis for the proposed model. The results indicate a significant relationships of stock requisition (p=.000), procurement understanding (p=.007), human transparency (p=.000), and understanding of information communication technology (ICT) (p=.000) with municipal financial performance. The study recommends that other researches to test and validate a proposed model could be conducted with large sample sizes.
Nzuza, Z.W. and Lekhanya, L.M. 2014.A theoretical framework for four key selected determinants of Municipal financial performance. Mediterranean Journal of Social Sciences. 5(27P1) : 157-167.