UUM ETD | Universiti Utara Malaysian Electronic Theses and Dissertation
FAQs | Feedback | Search Tips | Sitemap

The impact of working capital management on financial performance of Nigerian listed companies

Masud, Abdullahi (2017) The impact of working capital management on financial performance of Nigerian listed companies. Masters thesis, Universiti Utara Malaysia.

[img] Text
s820513_01.pdf
Restricted to Registered users only

Download (1MB)
[img]
Preview
Text
s820513_02.pdf

Download (515kB) | Preview

Abstract

The aim of this study is to provide an empirical evidence on the impact of working capital management on financial performance of Nigerian listed companies focusing on non-financial companies. A panel data using 226 population for the study was obtained from the Nigerian stock exchange commission (NSEC) for the period of from 2006-2011. The pooled ordinary least square (OLS) and random effects was used for testing the hypotheses of this study. Therefore, the company need to give a specific attention to the variables such as account receivable period, account payable period, and inventory holding period to improve their performance and accordingly attract the investors' attention in making investment decision. Based on the finding of regression result, shows that all variables are positively significant with firm performance except account payable period. Whereas cash conversion cycle is insignificantly related to firm performance. Therefore, the finding on working capital management in Nigeria shows that firms should effectively manage and implement their working capital and standard credit policy in order to improve firm performance.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Working capital management; firm financial performance.
Subjects: H Social Sciences > HG Finance
Divisions: Othman Yeop Abdullah Graduate School of Business
Depositing User: Mr. Badrulsaman Hamid
Date Deposited: 03 Sep 2019 03:19
Last Modified: 03 Sep 2019 03:19
URI: http://etd.uum.edu.my/id/eprint/7369

Actions (login required)

View Item View Item