Analyse The Impact of Financial Management on Public Growth

Authors

  • Dr. Anivilla Shrikant

    Assistant Professor, Department of Management, Kalinga University, Raipur, India
  • Dawakit Lepcha

    Assistant Professor, Department of Management, Kalinga University, Raipur, India

How to Cite

Shrikant, D. A. ., & Lepcha, D. . (2025). Analyse The Impact of Financial Management on Public Growth. International Journal of Accounting and Economics Studies, 12(SI-1), 19-22. https://doi.org/10.14419/srpbwd84

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025

DOI:

https://doi.org/10.14419/srpbwd84

Keywords:

Financial Management Practices; Agency Cost; SMES; Working Capital

Abstract

This study investigates the influence of financial management practices on public sector growth, focusing specifically on Indian government ministries. It examines how budgeting, financial planning, and internal control mechanisms contribute to financial performance and policy effectiveness. While small and medium-sized enterprises (SMEs) are briefly referenced in the literature context, the core empirical focus of this study is on ministries rather than SMEs. Data was collected from 226 respondents across central government directorates and analyzed using SPSS tools. The findings provide actionable insights for public financial management reform and support inclusive financial governance in India.

References

  1. Almaliki, O. J., & Al-saedi, M. O. (2023). The Impact of the Qualitative Peculiarities of Accounting Information Based on the Financial Reports of Commercial Banks. International Academic Journal of Social Sciences, 10(1), 49–56. https://doi.org/10.9756/IAJSS/V10I1/IAJSS1006
  2. Chibba, M. (2009). Financial inclusion, poverty reduction, and the Millennium Development Goals. European Journal of Development Research, 21(2), 213–230.
  3. Wijaya, N. H. S., & Razaga, F. (2025). Integrating Supportive Supervision, Perceived Organizational Support for Creativity, Intrinsic Learning Mo-tivation, and Employee Creativity. Quality-Access to Success, 26(205).
  4. Conti, V., Rundo, L., Militello, C., Mauri, G., &Vitabile, S. (2017). Resource-efficient hardware implementation of a neural-based node for auto-matic fingerprint classification. Journal of Wireless Mobile Networks, Ubiquitous Computing, and Dependable Applications, 8(4), 19–36.
  5. Harif, M. M., Hoe, C. H., & Ahmad, M. I. (2013). The financial and non-financial performance indicators of paddy farmers’ organizations in Ked-ah. World Review of Business Research, 3(1), 80–102.
  6. Velliangiri, A. (2025). Reinforcement Learning-Based Adaptive Load Forecasting for Decentralized Smart Grids. National Journal of Intelligent Power Systems and Technology, 1(1), 21-28.
  7. Huy, D. T. N. (2018). The Risk Level of Viet Nam Commercial Electric Industry under Financial Leverage during and after the Global Crisis 2009-2011. International Academic Journal of Organizational Behavior and Human Resource Management, 5(1), 109–121. https://doi.org/10.9756/IAJOBHRM/V5I1/1810008
  8. International Labor Organization. (2013). Is small still beautiful? Problems and Perspectives in Management, 14(2), 2016.
  9. Karadag, H. (2015). Financial management challenges in small and medium-sized enterprises: A strategic management approach. EMAJ: Emerging Markets Journal, 5(1), 26–40.
  10. Velliangiri, A. (2025). Bioenergy from Agricultural Waste: Optimizing Biomass Supply Chains for Rural Electrification. National Journal of Re-newable Energy Systems and Innovation, 18-26.
  11. Lavia-López, O., &Hiebl, M. R. W. (2015). Management accounting in small and medium-sized enterprises: Current knowledge and avenues for further research. Journal of Management Accounting Research, 27(1), 81–119.
  12. Leyshon, A., & Thrift, N. (1995). Geographies of financial exclusion: Financial abandonment in Britain and the United States. Transactions of the Institute of British Geographers, New Series, 20.
  13. Kumar, T. S. (2025). A Comparative Study of DTC and FOC Techniques in Multiphase Synchronous Reluctance Drives. National Journal of Elec-tric Drives and Control Systems, 1(1), 12-22.
  14. Matsotso, M. L., & Benedict, H. O. (2014). Non-financial performance measures in small medium enterprises’ supply chain management. Journal of Economics, 5(3), 247–257.
  15. Mohammed, A. Q. (2015b). Employee recruitment, selection and retention in Saudi Arabian family-owned small and medium-scale enterprises (SMEs). Kuwait Chapter of Arabian Journal of Business and Management Review, 4(6), 30-45.
  16. Niazi, K. (2017). Farming industry study of food organic centralized and distributed in Iran. International Academic Journal of Science and Engi-neering, 4(1), 128–132.
  17. Othman, E. A. M., & Hussein, M. A. (2023). Effect of the outer pole length on the optical properties in Gemini lens. International Academic Jour-nal of Science and Engineering, 10(2), 89–95. https://doi.org/10.9756/IAJSE/V10I2/IAJSE1012
  18. Rahim, R. (2025). Mathematical model-based optimization of thermal performance in heat exchangers using PDE-constrained methods. Journal of Applied Mathematical Models in Engineering, 1(1), 17–25.
  19. Rahaim, L. A. A., Hasan, D. S., & Ali, A. H. (2024). Smart cars parking systems of big cities based on the Internet of Things. Journal of Internet Services and Information Security, 14(3), 380–392. https://doi.org/10.58346/JISIS.2024.I3.023
  20. Sen, A. (2010). Social exclusion: Concept, application and scrutiny. Social Development Papers No. 1. Asian Development Bank.
  21. SundaraBalaMurugan, P., Ganesan, A., Paranthaman, P., &Aruna, V. (2024). Feasibility design and analysis of process-aware accounting infor-mation system for business management. Indian Journal of Information Sources and Services, 14(2), 56–62. https://doi.org/10.51983/ijiss-2024.14.2.09
  22. Bennett, L., Harris, C., & Cooper, E. (2024). A Framework for Implementing Lean Six Sigma in Service-Based Businesses. National Journal of Quality, Innovation, and Business Excellence, 1(1), 16-21.
  23. United Nations. (2006). Building inclusive financial sectors for development. UN Publications.
  24. Surendar, A. (2025). Coordinated Control of Bidirectional EV Chargers for Grid Stability in High-Density Urban Networks. National Journal of Intelligent Power Systems and Technology, 1(1), 1-11.
  25. Prasath, C. A. (2025). Green Hydrogen Production via Offshore Wind Electrolysis: Techno-Economic Perspectives. National Journal of Renewable Energy Systems and Innovation, 8-17.
  26. Saar, A., Tamm, R., & Lepp, J. (2024). The Impact of Sustainable Tourism Practices on Hotel Management in Rural Areas. Journal of Tourism, Cul-ture, and Management Studies, 1(1), 20-27.
  27. Muralidharan. J. (2025).Condition Monitoring of Electric Drives Using Deep Learning and Vibration Signal Analysis. National Journal of Electric Drives and Control Systems, 23-31.
  28. Veerappan, S. (2025). Digital Twin Modeling for Predictive Maintenance in Large-Scale Power Transformers. National Journal of Electrical Ma-chines & Power Conversion, 39-44.
  29. Prasath, C. A. (2025). Transformerless Inverter Technologies for Compact And High-Efficiency PV Applications. Transactions on Power Electron-ics and Renewable Energy Systems, 36-43.
  30. Veerappan, S. (2025). Integration of Hydrogen Storage with PV Systems for Off-Grid Power Supply. Transactions on Energy Storage Systems and Innovation, 1(1), 41-49.

Downloads

How to Cite

Shrikant, D. A. ., & Lepcha, D. . (2025). Analyse The Impact of Financial Management on Public Growth. International Journal of Accounting and Economics Studies, 12(SI-1), 19-22. https://doi.org/10.14419/srpbwd84

Received date: May 15, 2025

Accepted date: May 31, 2025

Published date: August 28, 2025