Effect Of Financial Management Techniques On The Financial Performance On Manufacturing Companies: (A Study Of Selected Company In Nigeria)

ABSTRACT

The study investigated the effect of financial management techniques on the financial performance of manufacturing companies. The major objectives of study are:to determine the effect of financial management on operational performance of firms in Nigeria and to ascertain the effect of financial management techniques profitability of firms in Nigeria. To achieve the objectives of the study, survey research design was adopted. The researcher adopted primary data in getting the required information. A total of 50 respondents constitute the population size of the study. In testing the hypothesis, regression analysis was used. The findings further revealed that financial management techniques has a significant effect on the operational performance of the firms, financial management techniques has a significant effect on the organizational profitability.The researcher also recommends that manufacturing companies should adopt financial management techniques for enhancement of organizational performance. The study further recommends that policy and practice for project performance should be carefully evaluated and the results of evaluation fed back into improved approaches. It is important that the evaluation considers the full range of costs and benefits.