The Effect Of Cash Management On The Performance Of Manufacturing Firms In Nigeria (A Study Of Some Selected Manufacturing Firms In Nigeria)
ABSTRACT
This research work, however, is
concerned with the effect of cash management on the performance of
manufacturing firms in Nigeria. A simple size of the 30 manufacturing companies
that are quoted on the floor of the Nigeria stock exchange (NSE) was used. To
provide direction to the study, three (3) hypotheses were formulated and
attested with correlation analysis. The findings made are revealed that as cash
management of the firms increases, the profitability also increases. Also, cash
management processes adopted by the firms ensured effective cash management.
Also, it was discovered that as the level of investment and social cost
increases, cash management also decreases. The researcher on discussing them
recommends that every decision to invest excess cash in marketable securities
should concern the amount to invest and also the type of security in which to
invest.
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IKE-NWOSUAGWU, J (2021). The Effect Of Cash Management On The Performance Of Manufacturing Firms In Nigeria (A Study Of Some Selected Manufacturing Firms In Nigeria). Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/the-effect-of-cash-management-on-the-performance-of-manufacturing-firms-in-nigeria-a-study-of-some-selected-manufacturing-firms-in-nigeria-7-2
J, IKE-NWOSUAGWU. "The Effect Of Cash Management On The Performance Of Manufacturing Firms In Nigeria (A Study Of Some Selected Manufacturing Firms In Nigeria)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 12 Aug. 2021, https://repository.mouau.edu.ng/work/view/the-effect-of-cash-management-on-the-performance-of-manufacturing-firms-in-nigeria-a-study-of-some-selected-manufacturing-firms-in-nigeria-7-2. Accessed 26 Nov. 2024.
J, IKE-NWOSUAGWU. "The Effect Of Cash Management On The Performance Of Manufacturing Firms In Nigeria (A Study Of Some Selected Manufacturing Firms In Nigeria)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 12 Aug. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-effect-of-cash-management-on-the-performance-of-manufacturing-firms-in-nigeria-a-study-of-some-selected-manufacturing-firms-in-nigeria-7-2 >.
J, IKE-NWOSUAGWU. "The Effect Of Cash Management On The Performance Of Manufacturing Firms In Nigeria (A Study Of Some Selected Manufacturing Firms In Nigeria)" Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-effect-of-cash-management-on-the-performance-of-manufacturing-firms-in-nigeria-a-study-of-some-selected-manufacturing-firms-in-nigeria-7-2