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Exploring the dynamics of firm attributes on the management of working capital

Year: 2025

Type: article

Abstract: Working capital (WCM) is an important components of financial management which focuses both on short-term assets and liabilities of a company. This study explores how profitability, company growth, and age of the company influences the level of working capital. The study uses data from agricultural companies listed on the Nigerian Exchange Group (NGX). Using pooled logit regression, with robust standard error, the result indicates that the three explanatory variables positively and significantly influence working capital level of the sample companies. Hence, these variables are important determinants of working capital level in the agricultural sector of the NGX. Management of these companies should continue work towards their targeted profit to maintain the best working capital level.

Source: Impressive Journal of Management and Social Sciences

DOI: 10.33003/ijmass-2025.v1i1.11.98-105

Authors: Adamu Idris, Musa Musa Muhammad, Abdulraheed Bashir Dauda

Institutions: Federal University Dutsin-Ma, Air Force Institute of Technology Kaduna

Language: English

Topic: Working Capital and Financial Performance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Zero hunger

Open Access status: hybrid

OpenAlex ID: W4408253185

FWCI:

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