Statement of problemThe main objective of financial performance measuring is to determine the operating and financial characteristics and the efficiency and performance of economic unity management, as reflected in the financial records and reports the subject of financial performance has received significant attention from scholars in the various areas of business and strategic management. It has also been the primary concern of business practitioners in all types of organizations since financial performance has implications to organization’s health and ultimately its survival. High performance reflects management effectiveness and efficiency in making use of company’s resources and this in turn contributes to the country’s economy at large. Our study aims to find out:1.Is there any difference in Net Income After Tax (NIAT) across the hotels under study?2.Is there any difference in Return On Equity (ROE) across the hotels under study?3.Is there any difference in Return On Asset (ROA) across the hotels under study?Objectives of the studyThe primary objective of this research is to compare the financial performance of the listed hotels in Nepal Stock Exchange. Some other objectives of this study is:To examine the difference in NIAT, ROE and ROA across the hotels under study.
COMPARISON OF FINANCIAL PERFORMANCE OF LISTED HOTELS13Significance of the studyThe study examines the impacts of factors, including NIAT, ROE and ROA on financial performance of Hotels listed on Nepal Stock (NEPSE). The study covers 3 Hotels listed on NEPSE as a sample. Ratio analysis will help to determine the performance of liquidity, profitability and solvency position of economic units and it provides all assistance to the management to fix responsibilities. The main objective of financial performance measuring is to determine the operating and financial characteristics and the efficiency and performance of economic unity management, as reflected in the financial records and reports.Financial ratio analysis method is an important measure to financial performance analysisin the economic units. Ratio analysis method is the most commonly used financial tool to evaluate the current and past performance in the economic unit and to assess its sustainability. This study will help the similar organization to learn from where they lag behind by comparing with the other similar type of companies. Whereas, the future researcher will be benefited as they can use it as the reference for their future research as a secondary source of reference. Organization of the studyThis study has been divided into five chapters. Chapter one of this introduces general background, statement of the problem, objective of the study, significance of the study and organization of the data. Chapter two presents the related theories and hypothesis of the study, associated with the problem addressing the study. Chapter three presents the methodology and procedures used for data collection and analysis in this data. This chapter includes to the point information of research design, nature and sources