Articles liés à Dynamics Of Working Capital In Nigeria: Working Capital,...

Dynamics Of Working Capital In Nigeria: Working Capital, Profitability, Panel, Determinants, Causality, Nigeria - Couverture souple

Akinlo, Olayinka

 
9783846593868: Dynamics Of Working Capital In Nigeria: Working Capital, Profitability, Panel, Determinants, Causality, Nigeria
Couverture souple
ISBN 10 : 3846593869 ISBN 13 : 9783846593868
Editeur : LAP LAMBERT Academic Publishing, 2012

Synopsis

The study examined the trends and pattern of working capital behaviour in selected quoted companies in Nigeria over the period 1999–2007, and analysed the profit profile of these companies.In addition, the study investigated the co-movement and the causality relationship between working capital and profitability of the selected quoted companies. Secondary data on 66 purposively selected non-financial firms for the period 1999-2007 were used for the analysis. The data were sourced from the Annual Reports and Accounts of the sampled firms, Nigerian Stock Exchange Factbook 1999 – 2007 and the Central Bank of Nigeria Statistical Bulletin 2007. Descriptive statistics and inferential statistics were used in analysing the data. Econometric techniques and panel-based error correction models were also employed. The results disclosed that aggregate profit level for the entire firms decreased at 0.02 percent yearly.The study concluded that changes in the components of working capital have negative effect on profitability of companies in Nigeria.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The study examined the trends and pattern of working capital behaviour in selected quoted companies in Nigeria over the period 1999–2007, and analysed the profit profile of these companies.In addition, the study investigated the co-movement and the causality relationship between working capital and profitability of the selected quoted companies. Secondary data on 66 purposively selected non-financial firms for the period 1999-2007 were used for the analysis. The data were sourced from the Annual Reports and Accounts of the sampled firms, Nigerian Stock Exchange Factbook 1999 – 2007 and the Central Bank of Nigeria Statistical Bulletin 2007. Descriptive statistics and inferential statistics were used in analysing the data. Econometric techniques and panel-based error correction models were also employed. The results disclosed that aggregate profit level for the entire firms decreased at 0.02 percent yearly.The study concluded that changes in the components of working capital have negative effect on profitability of companies in Nigeria.

Biographie de l'auteur

Olayinka Akinlo is a senior Lecturer in the Department of Management and Accounting, Obafemi Awolowo University, Ile-Ife. She holds a Ph.D. in Business Administration from the University. She has published in many International and Local Journals.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2012
Langue
anglais
ISBN 10 
3846593869
ISBN 13 
9783846593868
Reliure
Broché
Nombre de pages
188
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
4950000000000
info@krega-onlinehandel.de

Birkenweg 31
Brakel
33034
Allemagne