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dc.contributor.authorMakau, Muia Vincent
dc.contributor.authorA, Banafa A
dc.contributor.authorStephen, , Mwanzia M.
dc.date.accessioned2021-05-13T06:26:39Z
dc.date.available2021-05-13T06:26:39Z
dc.date.issued2016
dc.identifier.issn881-888
dc.identifier.urihttps://ir.tum.ac.ke/handle/123456789/17381
dc.description.abstractThe main purpose of this research project was to examine the effect of working capital management on the financial performance of firms listed at the Nairobi Securities Exchange. The specific objectives of this study was to determine the effects of average collection period and leverage on financial performance of listed manufacturing firms at NSE. Firm performance was measured using Return on Assets (ROA). This study used descriptive research design to describe the effects of working capital management on financial performance of listed manufacturing firms at NSE, Kenya. The target population was all the 9 listed manufacturing Companies which are listed at Nairobi Securities Exchange as at December 2015. A census of the 9 firms listed manufacturing at the Nairobi Securities Exchange from year 2011-2015 was the sample. This research project utilized secondary data, which was collected by use of content analysis obtained from the annual financial statement reports of listed firms for period ranging from 2011 to 2015. The collected data was entered into the Statistical Program for Social Sciences (SPSS version 24.0) and multiple regression analysis method was used to analyze the data. By use of Pearson’s correlation, Return on Assets was negative related to Average Collection Period and Leverage. Regression model revealed significant effect and negative relationships among Average Collection Period and leverageen_US
dc.language.isoenen_US
dc.publisherInternational Journal of Managementen_US
dc.relation.ispartofseries;Vol. 4,
dc.subjectWorking Capital,en_US
dc.subjectCash Conversion Cycleen_US
dc.subjectAverage Collection Period,en_US
dc.subjectLeverageen_US
dc.titleEffect of Working Capital Management on Financial Performance: A Case Study of Listed Manufacturing Firms at Nairobi Securities Exchange, Kenyaen_US
dc.typeArticleen_US


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