Effects Of Working Capital Management On Profitability Of Manufacturing Firms In Nigeria

67 pages Chapters 5 ID: BAM0917

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DepartmentBusiness Administration and Management
TypeProject
Pages67
Chapters5
FormatMS Word & PDF
Reference No.BAM0917

Abstract

Working capital management involves the management of the most liquid resources of the firm which includes cash and cash equivalents, inventories, trade debtors and other receivables. Most firms do not ensure optimal level of working capital and this has been a major obstacle to their overall profitability. The study examined the impact of working capital management on the profitability of manufacturing firms listed on the Nigerian Stock Exchange market. Correlation and ex-post facto research designs were used in a sample of 10 manufacturing firms. Secondary data for a period of 6 years (2011-…

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Pages67
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