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Working Capital Management: A Casual Asessment of its Effect on Organizations Profit
Eugene Okyere Kwakye,Isaac Effah Assampong,Khalil Md Nor 한국유통과학회 2016 KODISA ICBE (International Conference on Business Vol.2016 No.-
The main premise of this study is to examine the effect of working capital management on the profitability of a company. Secondary data was collected from Nine (9) banks enlisted on the Ghana Stock Exchange (GSE). The results of the study indicate that management of working capital has no significant influence on the profitability of financial institutions listed on the Ghana stock exchange. Specifically, the results shows that, except of SIZE that has an influence on working capital management, CCC, FIX, GROWTH, and LEV have insignificant effect on the working capital management of these selected banks enlisted on the Ghana Stock Exchange. Recommendation and its practical implications are discussed.