This study extends the literature on the relationship between stock liquidity and returns by presenting evidence from the capital market of a developing economy. The study provides empirical evidence that economic growth granger causes financial sector development and there are positively related in the long run. The results support some empirical evidence that postulates that the granger relationship runs from economic growth to financial development and is there is a positive relationship in the long run. The paper found out that granger causality runs from economic growth to financial sector development. Johansen co-integration approach is used to test the long run relationship between economic growth and financial sector development indicators. The research utilized secondary data for the period 1995 to 2008.Granger causality test is used to test the causality between economic growth and four financial sector development indicators. This paper aims to investigate the impact of financial sector development on economic growth in Zimbabwe, the reason being that no such research has been carried out in Zimbabwe. Implementing the recommendations from the study will assist healthcare funders to scale back the funds exhausted in fraudulently billed claims, in turn improving their financial feasibility and decreasing the financial contribution for member A specialized team of research and developers must be established by the Association of Healthcare Funders in Zimbabwe to further look into double billing fraud and proffer new solutions in the fight against such fraudulent acts. This approach should encompass a budget which should be allocated by the societies to teach and make awareness about the causes and effects of double billing fraud to employees, members and service providers. We recommend that an all-encompasing approach should be followed to detect and alleviate double billing fraud against these societies. Consequently, ineffectiveness in detection and prevention of double billing fraud has led to an increase in costs due to inflated claims, increased costs of operations realization of less revenue from insurance premiums, reputational damage among other effects. The study revealed that the present fraud detecting techniques employed by the medical aid societies are ineffective in detection and prevention of double billing fraud.
#NVIVO STOCK SOFTWARE#
With the assistance of PASW Statistics 18 software and NVivo 11. A quantitative research methodology was followed during this study, which adopted a survey research approach. The aim of the study was to investigate fraud-detecting techniques that are employed in Zimbabwe's health insurances in order to reduce double billing fraud. The medical insurance, as apart of the healthcare industry, is adversely affected from the high rate of double billing fraud perpetrated against them and this leads to the societies funding fraudulent claims. The health industry in Zimbabwe is competitive in reference to international standards. Further studies are needed to investigate the multiple effects of tourism in Zimbabwe. Capital investment in tourist areas will lead to an improvement in the quality of service and infrastructure in these areas to boost tourism growth. The study outlines the significance of the tourism sector in improving the economic performance of Zimbabwe, thus interventions to improve the sector will yield positive results in the short-run. The results also show a unidirectional, positive causal relationship, where tourism receipts granger causes GDP. The lagged values of GDP and tourism receipts were found to be significant in estimating GDP in the short-run. Using a bivariate unrestricted Vector Autoregressive model and granger causality, this study analyzed the short-run relationship between gross domestic product (GDP) and tourism receipts, using annual data from 1990-2018. The purpose of this study is to investigate the relationship between tourism and the economic performance of Zimbabwe. The prospect of tourism growth as a tool for promoting economic resilience in developing economies, diversifying from dependence on extractive industries is interesting.