WORKING CAPITAL MANAGEMENT AND PROFITABILITY OF LISTED CONGLOMERATE FIRMS IN NIGERIA

Simple item page
dc.contributor.authorLAWAL, MUHAMMAD LUKMAN
dc.date.accessioned2017-11-16T13:17:22Z
dc.date.available2017-11-16T13:17:22Z
dc.date.issued2017-03
dc.descriptionBEING A DISSERTATION SUBMITTED TO THE SCHOOL OF POSTGRADUATE STUDIES, AHMADU BELLO UNIVERSITY, ZARIA IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE (M.Sc), ACCOUNTING AND FINANCEen_US
dc.description.abstractDespite efforts being made by relevant stakeholders to improve performance, most firms do not ensure optimal level of working capital and this has been a major obstacle to their overall profitability. Efforts were made by this study to examine the impact of working capital management on the profitability of conglomerate firms listed on the Nigerian Stock Exchange. Data were collected from the annual reports of the six conglomerate firms listed on the Nigerian Stock Exchange for a period of 10 years (2006-2015); correlation research design was used, while ordinary least regression (OLS) was employed in data analysis. Using panel data methodology, the study found a significant positive relationship between cash conversion cycle and profitability; an insignificant negative relationship between debtor’s turnover ratio and profitability; and an insignificant positive relationship between inventory turnover ratio and profitability. The study suggests that managers of conglomerate firms should give adequate attention to debtor’s and inventory turnover and try to maintain an optimal working capital levels.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/9428
dc.language.isoenen_US
dc.subjectWORKING CAPITAL MANAGEMENT,en_US
dc.subjectPROFITABILITY,en_US
dc.subjectLISTED CONGLOMERATE FIRMS,en_US
dc.subjectNIGERIAen_US
dc.titleWORKING CAPITAL MANAGEMENT AND PROFITABILITY OF LISTED CONGLOMERATE FIRMS IN NIGERIAen_US
dc.typeThesisen_US
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
WORKING CAPITAL MANAGEMENT AND PROFITABILITY OF LISTED CONGLOMERATE FIRMS IN NIGERIA.pdf
Size:
680.23 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.62 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
ADMINISTRATION