NOVAFRICA News: New publication on Mozambique in the Journal of Finance

NOVAFRICA affiliates Cláudia Custódio and Diogo Mendes, together with Daniel Metzger, used a randomized controlled trial to assess the impact of an executive finance program on medium and large firms in Mozambique.

The results?
✅ Executives made smarter, more strategic financial decisions.
✅ Firms reduced working capital and accounts receivable, freeing up cash flow.
✅ Freed-up resources fueled long-term investments and stronger overall performance.

🔎 These findings highlight the power of targeted educational interventions to build managerial capital and enhance corporate performance.

📄 Access the full article here