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首页> 外文期刊>Research Journal of Finance and Accounting >Working Capital Management and Firm Profitability: Evidence from Nigerian Quoted Companies
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Working Capital Management and Firm Profitability: Evidence from Nigerian Quoted Companies

机译:营运资金管理和公司盈利能力:来自尼日利亚上市公司的证据

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This study examines the relationship between working capital management and firms’ profitability of twenty-five Nigerian quoted companies for the seven-year period 2005-2011. Data used in the study were sourced from audited financial statements of the companies. Multiple Regression analysis was used to analyze the data and results showed a negative relationship between working capital management (Cash Conversion Cycle) and firm profitability (ROA). This finding is consistent with prior empirical studies and provides evidence in support of aggressive policy of working capital management.
机译:这项研究研究了2005年至2011年这7年期间,二十五个尼日利亚报价公司的营运资金管理与公司盈利能力之间的关系。研究中使用的数据来自公司的经审计的财务报表。多元回归分析用于分析数据,结果表明营运资金管理(现金转换周期)与公司盈利能力(ROA)之间存在负相关关系。这一发现与先前的经验研究一致,并为支持积极的营运资金管理政策提供了证据。

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