EFFECT OF CASHFLOW ON CORPORATE PERFORMANCE IN CONSUMER GOODS SECTOR IN NIGERIA (Record no. 7087)

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Author SILVER-AGBOWURO BOLUWATIFE
245 ## - TITLE STATEMENT
Title EFFECT OF CASHFLOW ON CORPORATE PERFORMANCE IN CONSUMER GOODS SECTOR IN NIGERIA
250 ## - SUPERVISOR
Supervisor Dr. E.O. OLURIN
260 ## - IMPRINT
Place of publication Mountain Top University
Department (College) Accounting and Finance
Date of publication 2022
300 ## - COLLATION
Pagination 54
520 ## - SUMMARY, ETC.
Summary, etc This study investigated the effects of cash flow on corporate performance of the consumer goods sector in Nigeria for the period 2011 to 2020. The work was anchored on the Agency’s Theory. The study employed an ex-post facto research design. The population of the study consists of all the listed firms in the consumer goods sector which have a total of thirty-four companies and the non-probability sampling technique of purposive sampling was adopted for this study. The data for the study was collected from the audited financial statement of the eleven selected companies from the Nigerian Stock Exchange. The data were analyzed using multiple regression. The result from the data analysis revealed a positive and significant relationship between operating cash<br/>flow and return on assets of the listed consumer goods sector in Nigeria while investing cash flow and financing cash flow revealed a negative and insignificant relationship. Based on the findings, the study concludes that negative net cash flows generated from investing activities are associated with weak corporate performance and are capable of decreasing consumer goods<br/>sector performance. Hence the study recommended that the consumer goods sector should adopt what is called backward integration and firms in the consumer goods sector should give due relevance and attention to operating cash flow to improve their corporate financial performance.
650 ## - TRACINGS
Main Subject Accounting
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Item type Students Thesis
Holdings
Source of classification or shelving scheme Not for loan Permanent location Current location Date acquired Accen. No. Koha item type
    Main Library Main Library 05.12.2022 18020101007 Students Thesis

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