ABSTRACT
The
change of stance of policy and strategy has affected the profitability level of
many manufacturing firms. The study was spurred by the reportedly inefficient
in working capital management. One way of bringing a positive profitability
levels is the effective management of working capital. A manufacturing firm in
PortHarcourt forms the focus of our study. Chapter one of this study received
the background of the entire work and the definition of the subject matter. The
review of related literature in chapter two deals with the concept of working
capital, the need for working capital and determination of working capital
among other things. The major methods of investigation were the study approach,
and interviews method in the data analysis as discussed in chapter three.
Questionnaires were raised and hypothesis tested using Chi-square method in
chapter four, it was based on that, the finding reveals that the level of
working capital is fair. This was elicited through the questionnaires raised
where all the responses were agreed to the fact that good management of working
capital affects the profitability of the firm and all the responses were of the
view that working capital management are indispensable in an organization.
Findings also revealed that profitability has direct ways with working capital
and the low liquidity level of the firm. It was also on record that tire
management has Lukc-worm attitude towards investment. However, converted effect
should be workers and improvement in the community relations as these could
maximize the profit of the organization. Improvement in the workers welfare
could also reduce the level offraud and pilferage committed by the officers in
their respective offices. These were postulated in chapter five.
ESIOWU, O (2024). The Effect Of Working Capital On Corporate Performance (A Case Study Of Rison Palm Limited):- Esiowu Chijioke O. Mouau.afribary.org: Retrieved Oct 30, 2024, from https://repository.mouau.edu.ng/work/view/the-effect-of-working-capital-on-corporate-performance-a-case-study-of-rison-palm-limited-esiowu-chijioke-o-7-2
OGADINMA, ESIOWU. "The Effect Of Working Capital On Corporate Performance (A Case Study Of Rison Palm Limited):- Esiowu Chijioke O" Mouau.afribary.org. Mouau.afribary.org, 12 Aug. 2024, https://repository.mouau.edu.ng/work/view/the-effect-of-working-capital-on-corporate-performance-a-case-study-of-rison-palm-limited-esiowu-chijioke-o-7-2. Accessed 30 Oct. 2024.
OGADINMA, ESIOWU. "The Effect Of Working Capital On Corporate Performance (A Case Study Of Rison Palm Limited):- Esiowu Chijioke O". Mouau.afribary.org, Mouau.afribary.org, 12 Aug. 2024. Web. 30 Oct. 2024. < https://repository.mouau.edu.ng/work/view/the-effect-of-working-capital-on-corporate-performance-a-case-study-of-rison-palm-limited-esiowu-chijioke-o-7-2 >.
OGADINMA, ESIOWU. "The Effect Of Working Capital On Corporate Performance (A Case Study Of Rison Palm Limited):- Esiowu Chijioke O" Mouau.afribary.org (2024). Accessed 30 Oct. 2024. https://repository.mouau.edu.ng/work/view/the-effect-of-working-capital-on-corporate-performance-a-case-study-of-rison-palm-limited-esiowu-chijioke-o-7-2