Browsing by Author "Babirye, Mary Christine"

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    Financial reporting quality and management decision effectiveness at centenary bank, main branch
    (Kyambogo University (Unpublised work), 2025-11) Babirye, Mary Christine
    This study explored the effect of financial reporting quality on the effectiveness of management decisions at Centenary Bank's Main Branch. It was guided by three key objectives: to assess the effect of the reliability of financial reporting, the timeliness of financial reporting, and the understandability of financial reporting on the effectiveness of management decision. A cross-sectional survey design, incorporating both quantitative and qualitative methods, was employed. The study targeted 169 participants, all of whom responded, achieving a 100% response rate. Data was collected from staff and heads of departments at Centenary Bank's Main Branch using questionnaires and interview guides. The study findings revealed that reliability of financial reporting positively predicts management decision effectiveness (B = .224, p = .000 < 0.05) and timeliness positively predicts management decision effectiveness (B = .283, p = .000 < 0.05), then understandability of financial reporting also positively predicts management decision effectiveness (B = .690, p = .000 < 0.05). Then, all constructs of reliability, timeliness, and understandability of financial reporting and demographic factors collectively explained 54.5% of the variance in management decision effectiveness. The study concluded that understandability of financial reporting was the most significant predictor of management decision effectiveness. The study recommended that he bank should implement a robust internal control system to minimize errors in financial reports, enhance transparency by ensuring that all stakeholders have open access to relevant financial information, and implements a structured financial reporting framework that prioritizes timely report publication and stakeholder communication. The bank should establish a comprehensive reporting calendar that clearly outlines all internal and external deadlines, ensure that financial reports include detailed explanations, utilizing charts and figures to enhance the visual representation of financial data and adopt simple and plain language in financial reports to facilitate better understanding among a diverse audience.