عنوان

Regression Analysis Between Working Capital Management and Profitability of Selected Nigerian Companies

Number

TLpq2468377758

.Language of Text, Soundtrack etc

انگلیسی

Title Proper

Regression Analysis Between Working Capital Management and Profitability of Selected Nigerian Companies

General Material Designation

[Thesis]

First Statement of Responsibility

Uwaje, Collins I.

Subsequent Statement of Responsibility

Davis, Robert

Name of Publisher, Distributor, etc.

Northcentral University

Date of Publication, Distribution, etc.

2020

Specific Material Designation and Extent of Item

160

Dissertation or thesis details and type of degree

Ph.D.

Body granting the degree

Northcentral University

Text preceding or following the note

2020

Text of Note

Companies adopt an effective working capital management policy to be able to create shareholders' wealth. A plethora of studies exist on the individual component of working capital management. These components are accounts payable, accounts receivable, inventories, and cash conversion periods. Working capital involves managing a firm's short-term assets and its short-term liabilities with particular emphasis on cash flow management, inventory, receivables, short-term financing, and debt management. The purpose of this quantitative, correlative archival study was to review the relationships between risk, liquidity, and profitability of non-financial companies listed on the Nigerian Stock Exchange from 2014 to 2018. The problem that was addressed was the potential impact of risk on liquidity and profitability of selected non-financial companies listed on the Nigerian Stock Exchange for the period under study. The data for the study originated from the Nigerian Stock Exchange (NSE) website. Based on the study purpose, 150 stratified non-financial companies that met the sampling requirement were adopted. The study recognized three variables - risk, liquidity, and profitability. The Spearman rank correlation coefficient and t- distribution analysis were utilized to answer the research questions. The t-test result showed that the null hypothesis was accepted while the alternate hypothesis was rejected. The result showed that there was no significant difference between the risk, liquidity, and profitability of the companies during the period of this study. The study confirmed the previous studies on working capital management and profitability and made recommendations for practice and further research.

Accounting

Economics

Finance

Davis, Robert

Uwaje, Collins I.

Electronic name

p

[Thesis]

276903

a

Y