The Relationship Between Working Capital Management and Profitablity of Listed Manufacturing Companies in Ghana
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Title | The Relationship Between Working Capital Management and Profitablity of Listed Manufacturing Companies in Ghana |
Authors | |
Abstract | This study examines the effect of working capital management on the profitability of companies listed on the Ghana Stock Exchange. Secondary data from the Ghana Stock Exchange on manufacturing companies within the Accra metropolis was used to examine whether working capital management influence the profitability of manufacturing companies in the country. The study found out that, the major component of working capital management such as inventory days, account payable and cash conversion cycle have influence on the profitability of manufacturing companies. The study recommended that, manufacturing companies should adopt efficient and effective ways of efficiently managing these components of working capital management. |
Publisher | International Journal of Business and Social Research |
Date | 2013-07-03 |
Source | 2164-2540 |
Rights | This is an open access journal which means that all content is freely available without charge to the user or his/her institution. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission from the publisher or the author. |