ABSTRACT
This
work examines the effect of cash flow components on the financial performance
of listed firms in Nigeria. Cash flow statement, as the third main financial
statement, shows the resources and consumptions of cash in a business unit
during an accounting period. The study adopts ex-post facto research design.
The population ofthe study covers the five listed agro allied companies on the
Nigerian stock exchange market but for the constraint of getting financial
statement the study looks at 4. The research work adopts the secondary source
ofdata in obtaining all the data needed for the study. Extracted data from the
audited financial statements ofthe sampled companies will be meticulously
examined and relevant data extracted from the period 2009-2015 for analysis.
The descriptive statistics is used to summarize the collected data in a clear
and understandable way using numerical approach. The multiple regression
technique using ordinary least square regression (OLS) method is adopted in
investigating the relationship between the dependent and independent variables.
It was therefore found that there is no significant effect of cash flow from
operations on profitability of listed firms and there is a significant effect
of Cash flow from financing activities on profitability of listed firms. The
study therefore recommends that firms should maintain a high cash flow ratio as
these will give room for them to have access to readily cash which will enhance
their business transactions and increase their performance. Conclusively, cash
flow from operations has no significant effect on the profitability oflisted
firms and cash flow from financing activities has a significant effect on the
profitability oflisted firms.
UMUNNAKWE, C (2024). Effect Of Cash Flow Component On Financial Performance Of Quoted Companies In Nigeria:- Umunnakwe Ruth C. Repository.mouau.edu.ng: Retrieved Oct 10, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-cash-flow-component-on-financial-performance-of-quoted-companies-in-nigeria-umunnakwe-ruth-c-7-2
CHIYEREUGO, UMUNNAKWE. "Effect Of Cash Flow Component On Financial Performance Of Quoted Companies In Nigeria:- Umunnakwe Ruth C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Aug. 2024, https://repository.mouau.edu.ng/work/view/effect-of-cash-flow-component-on-financial-performance-of-quoted-companies-in-nigeria-umunnakwe-ruth-c-7-2. Accessed 10 Oct. 2024.
CHIYEREUGO, UMUNNAKWE. "Effect Of Cash Flow Component On Financial Performance Of Quoted Companies In Nigeria:- Umunnakwe Ruth C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Aug. 2024. Web. 10 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-cash-flow-component-on-financial-performance-of-quoted-companies-in-nigeria-umunnakwe-ruth-c-7-2 >.
CHIYEREUGO, UMUNNAKWE. "Effect Of Cash Flow Component On Financial Performance Of Quoted Companies In Nigeria:- Umunnakwe Ruth C" Repository.mouau.edu.ng (2024). Accessed 10 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-cash-flow-component-on-financial-performance-of-quoted-companies-in-nigeria-umunnakwe-ruth-c-7-2