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

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

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 (N...

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Main Author: Masud, Abdullahi
Format: Thesis
Language:eng
eng
Published: 2017
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/7369/1/s820513_01.pdf
https://etd.uum.edu.my/7369/2/s820513_02.pdf
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id my-uum-etd.7369
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Mohd Rashid, Rasidah
topic HG Finance
spellingShingle HG Finance
Masud, Abdullahi
The impact of working capital management on financial performance of Nigerian listed companies
description 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.
format Thesis
qualification_name other
qualification_level Master's degree
author Masud, Abdullahi
author_facet Masud, Abdullahi
author_sort Masud, Abdullahi
title The impact of working capital management on financial performance of Nigerian listed companies
title_short The impact of working capital management on financial performance of Nigerian listed companies
title_full The impact of working capital management on financial performance of Nigerian listed companies
title_fullStr The impact of working capital management on financial performance of Nigerian listed companies
title_full_unstemmed The impact of working capital management on financial performance of Nigerian listed companies
title_sort impact of working capital management on financial performance of nigerian listed companies
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2017
url https://etd.uum.edu.my/7369/1/s820513_01.pdf
https://etd.uum.edu.my/7369/2/s820513_02.pdf
_version_ 1747828207036399616
spelling my-uum-etd.73692021-05-10T06:27:26Z The impact of working capital management on financial performance of Nigerian listed companies 2017 Masud, Abdullahi Mohd Rashid, Rasidah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance 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. 2017 Thesis https://etd.uum.edu.my/7369/ https://etd.uum.edu.my/7369/1/s820513_01.pdf text eng public https://etd.uum.edu.my/7369/2/s820513_02.pdf text eng public other masters Universiti Utara Malaysia Abbadi, S. M., & Abbadi, R. T. (2013). 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