IMPACT OF WORKING CAPITAL MANAGEMENT ON FIRMS EFFICIENCY AND PROFITABILITY (A STUDY OF SELECTED COMPANIES IN PORT HARCOURT)

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of the study
  • 1.3Problem Statement
  • 1.4Objective of the study
  • 1.5Limitation of the study
  • 1.6Scope of the study
  • 1.7Significance of the study
  • 1.8Structure of the research
  • 1.9Definition of terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of Working Capital Management
  • 2.2Importance of Working Capital Management
  • 2.3Components of Working Capital
  • 2.4Theoretical Frameworks in Working Capital Management
  • 2.5Empirical Studies on Working Capital Management
  • 2.6Working Capital Management Practices in Selected Companies
  • 2.7Challenges in Working Capital Management
  • 2.8Strategies for Effective Working Capital Management
  • 2.9Impact of Working Capital Management on Efficiency
  • 2.10Impact of Working Capital Management on Profitability

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Methodology Overview
  • 3.2Research Design
  • 3.3Data Collection Methods
  • 3.4Sampling Techniques
  • 3.5Data Analysis Methods
  • 3.6Research Instrumentation
  • 3.7Ethical Considerations
  • 3.8Limitations of the Research

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Data Analysis and Interpretation
  • 4.2Company Profiles and Working Capital Management Practices
  • 4.3Efficiency Analysis of Selected Companies
  • 4.4Profitability Analysis of Selected Companies
  • 4.5Comparison of Working Capital Management Strategies
  • 4.6Factors Influencing Working Capital Management
  • 4.7Recommendations for Improving Working Capital Management
  • 4.8Implications of Findings on Firm Performance

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Conclusion and Summary
  • 5.2Summary of Key Findings
  • 5.3Contributions to Existing Literature
  • 5.4Practical Implications
  • 5.5Recommendations for Future Research

Project Abstract

<p> </p><p>Working capital has been found to be an essential ingredient for the survival of a typical business organization. The way this is carried out could affect the profitability or effectiveness of the firm. This study was undertaken to investigate the ways company adopt to manage their working capital and the possible effect on the firm’s efficiency and profitability. Three (3) companies based in Port Harcourt were used as a study. Questionnaire copies were issued to management staff of these companies. Responses from these questionnaire provided the data for our analysis; Annual reports of these firms also provided the secondary data. To give the study a scientific focus, four (4) hypotheses were formulated and tested in the core areas of investigation. It was discovered in the study that most firms depend on the use of cash budget to determine the optimal cash to hold. Inability to use the cash models to determine the level of cash to shift to marketable securities and the possible balance to maintain at any particular period had rendered the working capital management ineffective in these firms. Based on the findings of this study, we recommended among others, that, firms in Nigeria should employ managers who are skilled on the use of financial models so as to be able to apply the necessary tools in the management of their working capital for effective result.<br></p> <br><p></p>

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