Home»Business Administration and Management» Effect of working capital management and profitability of organization in First Bank Jalingo, Taraba state, Nigeria

Effect of working capital management and profitability of organization in First Bank Jalingo, Taraba state, Nigeria

 Department: Business Administration and Management  
 By: usericon SIRJOSEPH  

 Project ID: 7364
   Rating:  (5.0) votes: 1
Rate this project
This study aimed to examine the impact of working capital management on the profitability of Deposit Money Banks (DMBs) quoted on the Nigerian Stock Exchange for a five-year period (2017-2021). The study adopted an ex-post factor research design, which made use of secondary data collected from the annual report and accounts of deposits money listed on the Nigerian Stock Exchange market. However, Partial correlation and regression were used to analyze the data using STATA version 14. The study adopts Returns on Equity (ROE) and Returns on Assets (ROA) as dependent variables for profitability while Current ratio (CRR), Profit before taxation to current liabilities (PCL), Operating cash flow to current liabilities (OCL) and Cash balance to total liabilities (CTL) are proxies for working capital and as well independent variables. The annual account and report of five (5) deposit money banks quoted on the Nigerian Stock Exchange as of 2021 served as the sources of data, and regression was used to determine the relationship between the dependent and the independent variables. The finding from this study reveals a significant and positive relationship between working capital management and the profitability of the DMBs in Nigeria. The findings further indicate that the two profitability proxies are positively affected by all the elements of working capital management. Based on the findings, this study recommends all deposit money banks ensure the appropriate management of working capital as it will be essential for achieving its objective of maximizing profitability....
Preview +
Other Business Administration and Management project topics and materials you might be interested in
»The Effect of Management Information System on Achievement of Organization Objectives ( A Case Study of Nitel Owerri )
»The impact of production planning and control on a manufacturing process ( a case study of Nigeria bottling company aba, abia state)
»Marketing implication of merger and acquisition in banking industry - a case study of Access bank Plc, Bida branch, Niger state
»The Effect of Motivation on Employees Productivity in Anambra State ( A Case Study of Education Commission Awka )
»The Impact of Staff Discipline in the Attainment of Organizational Objectives ( A Case Study of Selected Organizations in Owerri, Imo State )
»The Impact of Performance Appraisal on Staff Productivity ( A Case Study of Diamond Bank Plc, Owerri )
»The effect of irregular payment of workers salaries on productivity of workers in imo state (a case study of owerri municipal council)
»A critical evaluation of leadership style and organization performance in the private sector ( a case study of selected establishment in abia state)
»The impact of welfare packages on employees performance (A case study of Nigeria breweries plc Aba)
»The Effects of Motivation on Workers Morale ( A Case Study of Power Holding Company of Nigeria, Aba )
»Motivation and Employee Performance in Public Sector ( A Case Study of NTA Channel 12 owerri)
»Management Problems of Manufacturing Industries in Nigeria ( A Case Study of Nigeria Breweries Plc and Unilever Plc )
»An assessment of the impact of modern communication facilities on service delivery in business organization ( A case study of ICT based firms in aba, abia state)
»The Impact of Delegation on Management Decision Making ( A Case Study of Zenith Bank Plc, Enugu )
»The Role of Customer Service in the Service Delivery of Multinational Companies in Nigeria ( A Case Study of Unilever Nigeria Plc Aba)

Upload Project

Do you have project materials to share? Upload and earn with it.