Effects of Working Capital Management On Profitability of Manufacturing Firms Listed in Nairobi Securities Exchange, Kenya
نویسندگان
چکیده
This study examined effect of working capital management on profitability containing twenty manufacturing firms listed in Nairobi securities exchange. Kenya's sector has been hit by poor leading to unstable profits. Despite various scholars conducting studies concerning Kenyan firms’ capital, lack consistence revenues require further examination what causes these deviations. Current was piloted following specific objectives; Influence inventories, receivable, payable, and cash managements firms. Theories that guided this were: agency, transaction cost, conversion cycle. Descriptive statistics used analysis especially, minimum, maximum, mean standard deviation. Mathematical data evaluation involved inferential statistics. In addition, model quantitative presented tables. The accepted census sampling method for collecting secondary from population 20 companies five years 2016 2020. Secondary details were found financial statements Securities Exchange. Data collected using checklist. recommended should estimate desirable quantity concluded increased match expenses, sales revenue.
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ژورنال
عنوان ژورنال: European journal of accounting, auditing and finance research
سال: 2022
ISSN: ['2053-4094', '2053-4086']
DOI: https://doi.org/10.37745/ejaafr.2013/vol10n120