EFFECT OF WORKING CAPITAL MANAGEMENT ON CORPORATE PROFITABILITY OF MANUFACTURING FIRMS IN NIGERIA: DANGOTE CEMENT PLC

Egiyi, Modesta Amaka and Eyisi, Adanma Sabina (2017) EFFECT OF WORKING CAPITAL MANAGEMENT ON CORPORATE PROFITABILITY OF MANUFACTURING FIRMS IN NIGERIA: DANGOTE CEMENT PLC. International Journal of Current Research, 9 (6). pp. 53318-53323. ISSN : 0975-833X

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Abstract

This research work focused on the effect of working capital management on the corporate profitability of manufacturing firms using Dangote formulated and tested using annual reports sourced from Dangote Cement Plc. web database spanning from 2007 to 2016. Ordinary least squares regression method was employed using a multiple regression model an significant influence on return on assets and that efficient working capital management has positive significant influence on net profit margin. It was however recommended that firms s their working capital policies in order to enhance corporate profitability and that there should be periodical appraisal of investments in working capital using capital investment models, determining ahead the viability of such investments.

Item Type: Article
Subjects: H Social Sciences > HJ Public Finance
Divisions: Faculty of Arts > Faculty of Law > Faculty of Management and Social Sciences > Faculty of Education
Depositing User: mrs chioma hannah
Date Deposited: 20 Jul 2020 12:26
Last Modified: 20 Jul 2020 12:26
URI: http://eprints.gouni.edu.ng/id/eprint/2577

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