000 -LEADER |
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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100 ## - MAIN ENTRY--AUTHOR |
Author |
OMONIGHO, Edafe Michael |
245 ## - TITLE STATEMENT |
Title |
Effect of Working Capital Management on the Financial Performance of Listed Manufacturing Films in Nigeria |
250 ## - SUPERVISOR |
Supervisor |
Dr. ONICHABOR, Pius |
260 ## - IMPRINT |
Place of publication |
Ibafo |
Department (College) |
Accounting and Finance |
Date of publication |
2019 |
300 ## - COLLATION |
Pagination |
xiv,; 96p. |
Other physical details |
tables |
520 ## - SUMMARY, ETC. |
Summary, etc |
Working Capital Management has a pivotal role to play in the performance of a business<br/>enterprise or firm. In recent years working capital management has become quite a necessity to<br/>manufacturing companies especially in Nigeria because of how it caters for both profitability and<br/>liquidity of these companies, which is actually what working capital management is all about.<br/>The study adopted a descriptive study using ex-post facto research design. The population of the<br/>study comprises of 40 listed manufacturing companies from the consumer goods sector,<br/>industrial goods sector and agricultural sector that were quoted in the Nigeria stock Exchange as<br/>at the date of the research study. A sample size of 25 manufacturing companies from the<br/>population was selected using simple random and stratified sampling technique The Data were<br/>analyzed using descriptive and inferential statistics making use of Regression analysis to test the<br/>hypothesis. The findings revealed that Inventory Conversion Period, Debtors Collection Period<br/>and Cash Conversion Cycle has a negative significant effect on the financial performance of<br/>listed manufacturing firms in Nigeria with p-value of 0.006, 0.001 and 0.002 respectively. It was<br/>also discovered that Creditors Payment Period has a positive insignificant effect on financial<br/>performance of the listed manufacturing firms in Nigeria with p-value of 0.433. The study<br/>concluded that Working Capital Management has a significant effect on the financial performance of listed manufacturing firms and it was recommended that firms in the<br/>manufacturing sector should to give due relevance and attention to working capital management<br/>in order to improve their financial performance which is profitability and liquidity |
650 ## - TRACINGS |
Main Subject |
Accounting |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Item type |
Students Thesis |