Impact Of Working Capital Management On Financial Performance Of Firms In Nigeria (A Study Of Nigeria Bottling Company)
ABSTRACT
The impact of working capital
management on the profitability of enterprise has attracted the attention of
researchers in different countries of the world in recent times, This research
expands the horizon of knowledge in this area by shading more light on working
capital management as measured by working capital turnover (liquidity and how
individual component of working capital affects the profitability of Nigerian
bottling company. Regression analysis was applied to eleven years annual report
of Guinness Nigerian Plc after ensuring that the variables are positive.
Findings were the regression was positive and that there should be a balance
between liquidity and profitability following the fact that mismatch may occur
which may lead to the firms profitability in the short run but at a risk of its
insolvency on the other hand, too much focus on liquidity will he at the
expenses of profitability.
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UMEH, E (2021). Impact Of Working Capital Management On Financial Performance Of Firms In Nigeria (A Study Of Nigeria Bottling Company) . Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-financial-performance-of-firms-in-nigeria-a-study-of-nigeria-bottling-company-7-2
EMMANUEL, UMEH. "Impact Of Working Capital Management On Financial Performance Of Firms In Nigeria (A Study Of Nigeria Bottling Company) " Mouau.afribary.org. Mouau.afribary.org, 30 Jul. 2021, https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-financial-performance-of-firms-in-nigeria-a-study-of-nigeria-bottling-company-7-2. Accessed 27 Nov. 2024.
EMMANUEL, UMEH. "Impact Of Working Capital Management On Financial Performance Of Firms In Nigeria (A Study Of Nigeria Bottling Company) ". Mouau.afribary.org, Mouau.afribary.org, 30 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-financial-performance-of-firms-in-nigeria-a-study-of-nigeria-bottling-company-7-2 >.
EMMANUEL, UMEH. "Impact Of Working Capital Management On Financial Performance Of Firms In Nigeria (A Study Of Nigeria Bottling Company) " Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-working-capital-management-on-financial-performance-of-firms-in-nigeria-a-study-of-nigeria-bottling-company-7-2