Download Tag: CAPITAL MANAGEMENT

ABSTRACT This  study  investigated  the  relationship  between working capital  management measured by account receivable period (ACRP), inventory period (INVP), cash conversion cycle (CCC) and sales  Growth (SG) and  profitability performance measured by returns on assets (ROA). The study utilized secondary data obtained from the annual financial statements of Nigerian Manufacturing companies listed on  the  Nigerian  Stock  Exchange  (NSE)  for  period  2008  –  2012.  Multiple regression model were adopted for testing ...

ABSTRACT Recently, the issue of many business failures in Nigeria had been linked to mismanagement of working capital in the form of high bad debts, high inventory costs and deterioration of firms’ credit standings. In view of the above, this study aims at examining the effect of mismanagement of working capital on corporate profitability and liquidity, the relationship between liquidity and profitability and the effect of use of debts in ...