Zeitschrift für Wirtschaft und Finanzen

In this cutting edge business world, the climate is profoundly aggressive. The organizations are a lot of willing to assume a pinnacle position on the planet market. The idea of the opposition and the business is exceptionally powerful. Each business is currently making a decent attempt to stay up with the powerful idea of the business climate.

Everybody is unique and individuals are not the same. This is likewise the motivation behind why there are such a quantities of job required for every person in the association, family, society, and so forth The idea of variety envelops the acknowledgment and regard which implies the agreement that every individual is are special and perceiving our individual contrasts.

Limited scope ventures are among the main businesses in India as the vast majority of the enterprises are of a limited scale nature and henceforth a colossal lump of India's pay is gotten from limited scope enterprises. Further, limited scope ventures are practicable and huge as in a great many people can't put away enormous measures of cash in case they will begin a business.

Private venture is the legend of current free enterprise. Proprietors of little firms are the temperate strivers, the work makers and the fearless business people who drive the economy. 'Private ventures make a gigantic commitment to public flourishing and supporting Australian positions,' expresses the Labor Party in Australia.

Business advertising is the entirety of all showcasing exercises that works with of advancing and selling labor and products by one business association to another business association. It for the most part includes the stockpile and acquisition of crude materials for the assembling of merchandise or administration. Business promoting is best finished with the assistance of salespeople as the necessities shift from one customer to another which ought to be adjusted in a redid way. Business promoting is somewhat less convoluted as it is not difficult to distinguish the customer and set up a meeting with them. Profoundly proficient and prepared individuals are engaged with the acquisition of modern merchandise.

This study seeks to investigate recent rampant financial frauds and their impact on financial performance of the four mobile payment companies in Ghana. The study used secondary data obtained from the consolidated financial statements for the past ten years (2010-2019) of the mobile payment companies operations around the world. The population for the study consisted of all the subsidiaries of the five companies around the world that were used to prepare the consolidated financial statements. The sample consists of the subsidiaries of the four companies whose consolidated financial information are available for public use. Methodologically, factor analysis, pair sample t-test and principal component analysis were exploited in the analyses to estimate and predict the relationship between fraud and its impact on financial performance indicators. The results revealed that Kaiser-Meyer-Olkin result of .546 indicates that factor analysis used was very useful. The paired samples correlation gave the results that are significantly positively correlated between pair 1 MTN and Vodaphone (p=.872) and pair 2 Airtel and Tigo (p=.234) at an alpha level of 0.05. In the principal component analysis, only one factor has eigenvalues greater than 1 which account for almost 99% of the variability in the profit Margin as an indicator .The combined results offer theoretical contributions in the area of adoption of multiple fraud theories within the framework of neoclassical growth model. The application of the outcome to practice is the use of the result for predictability and financial sustainability of the mobile companies over future periods. Policy makers can use the findings to formulate and amend policies that regulate the operation of mobile payment companies to the benefit of all the stakeholders.