Sir, I am doing a research work on debtor management, a case study of Ghana Water Company, and I would like a sample of a research on a topic like this to guide me. Or any information on this to help me do the research more importantly on the literature review.
Query from Scholar of Ghana ( West Africa)
Above scholar and many other scholars who are also researching on debtor management in different field. So, it will be better to connect all other scholars who can share their research with you. But here, I am giving some tips which will be helpful for all who are researching on debtor management.
Main aim of research on debtor management to promote credit sale at minimum risk of getting credit amount from debtors. In past research on debtor management, there are three methods which are used in debtor management which I already mentioned in my past content. Now, you research should be the progress of these methods or to invent some new method or do anything new in debtor management.
For your research, you can take some data for checking the effect on debtor :
i) If any company increases or decreases Credit period.
ii) If any company increases or decreases of cash discount.
You should also compare debtor turnover ratios and average collection period of different companies. It is very easy, you can get updated financial statements of different companies online. Just download and deeply watch which company's debtor turnover ratio is less. Analyze, why is it so less? Other steps, you can also check past online google news relating to that company. Company releases press notes and you can make the list of reasons which is affecting it.
According to my thinking, for proper research on debtor management, you should research on counseling and debtor education. There are lots of factor for not to pay the debt. To provide good education to debtor means to bring bad debts at zero level.
In end, I can say that it is so practical and developing area of finance management, as researcher, you should do more work in this area for reducing the cost of investment in debtors. My best wishes with you !
Related : How to Do Research in Accounting
