Effects Of' Cash Management On Financial Performances Of Banks In Nigeria (A Study Of First Bank Nigeria PLC)

OBI JUSTIN CHIMEZIE | 72 pages (15663 words) | Projects

ABSTRACT.


This study focuses on the effect of cash management on financial performance of banks in Nigeria. The

major problem examine in this research is to determine the extent of which cash turn over ratios affects

return on assets and to determine the extent to which cash turn over ratios affects return on equity. Data

were collected using secondary sources using descriptive research design. The collected were then

tabulated and analyzed using the simple regression analysis. The result Of hypothesis one revealed that cash

turnover ratio has no significant effect on return on asset. The finding of hypothesis two revealed that cash

turnover ratio has no significant effect on return on equity. It is recommended that before any collection or

disbursement procedure is initiated, a careful analysis should be undertaken to if the expected benefits

outweigh the expected cost. Additional the study revealed that cash prOjection should be capable of

directing management attention of areas of greatest needs and impact critical to banks. Finally, it should be

noted that the ultimate responsibility for establishing a good cash management culture rest with the chief

finance executive. He must make sure that there is enough cash to meet the firm's transaction, production

and speculative needs.

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APA

OBI, C (2021). Effects Of' Cash Management On Financial Performances Of Banks In Nigeria (A Study Of First Bank Nigeria PLC). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effects-of-cash-management-on-financial-performances-of-banks-in-nigeria-a-study-of-first-bank-nigeria-plc-7-2

MLA 8th

CHIMEZIE, OBI. "Effects Of' Cash Management On Financial Performances Of Banks In Nigeria (A Study Of First Bank Nigeria PLC)" Mouau.afribary.org. Mouau.afribary.org, 10 Jun. 2021, https://repository.mouau.edu.ng/work/view/effects-of-cash-management-on-financial-performances-of-banks-in-nigeria-a-study-of-first-bank-nigeria-plc-7-2. Accessed 31 Oct. 2024.

MLA7

CHIMEZIE, OBI. "Effects Of' Cash Management On Financial Performances Of Banks In Nigeria (A Study Of First Bank Nigeria PLC)". Mouau.afribary.org, Mouau.afribary.org, 10 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effects-of-cash-management-on-financial-performances-of-banks-in-nigeria-a-study-of-first-bank-nigeria-plc-7-2 >.

Chicago

CHIMEZIE, OBI. "Effects Of' Cash Management On Financial Performances Of Banks In Nigeria (A Study Of First Bank Nigeria PLC)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effects-of-cash-management-on-financial-performances-of-banks-in-nigeria-a-study-of-first-bank-nigeria-plc-7-2

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