Thesis Open Access
Getiye Mamo
<?xml version='1.0' encoding='utf-8'?> <oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"> <dc:creator>Getiye Mamo</dc:creator> <dc:date>2019-06-01</dc:date> <dc:description>The purpose of the study was to investigate working capital management practice of manufacturing companies in north Shewa zone. Both theoretical and empirical review of WCMP related literatures were used to clearly identify and understand the concerned issue of this research. The target population of the study was 136 employees of 34 manufacturing companies, and they have been purposively selected as respondents. Purposive sampling method was selected as a sampling technique to distribute the designed questionnaire for purposively selected sample respondents. The collected primary data have been coded and entered in to statistical package for social science (SPSS) version 20 for analysis and results of the analysis were presented using frequencies, percentages and tables. Results of the analysis show that manufacturing companies in NSZ give accelerating collection of cash from credit customers the at most importance in their working capital management practice. Management of companies also allotted much of their time for working capital management decisions with the objective of achieving liquidity, profitability and efficient use of current assets, considering cash as a highly sensitive current asset. It was also found that there is no practice by which companies can invest their idle cash on convertible securities. The study revealed that most of the companies do not carry out age analysis of inventories & receivables, and do not use such reports as input for decision makings at the top. There is also a limitation on having a written working capital & credit policy. Many of the companies failed in assigning a responsible personnel & having written working manuals for each component working capital management practice</dc:description> <dc:identifier>https://zenodo.org/record/5770</dc:identifier> <dc:identifier>10.20372/nadre:5770</dc:identifier> <dc:identifier>oai:zenodo.org:5770</dc:identifier> <dc:relation>doi:10.20372/nadre:5769</dc:relation> <dc:relation>url:https://nadre.ethernet.edu.et/communities/dbu</dc:relation> <dc:relation>url:https://nadre.ethernet.edu.et/communities/zenodo</dc:relation> <dc:rights>info:eu-repo/semantics/openAccess</dc:rights> <dc:rights>http://www.opendefinition.org/licenses/cc-by</dc:rights> <dc:title>(With Special Reference to Manufacturing Companies in North Shewa Zone)</dc:title> <dc:type>info:eu-repo/semantics/doctoralThesis</dc:type> <dc:type>publication-thesis</dc:type> </oai_dc:dc>
All versions | This version | |
---|---|---|
Views | 0 | 0 |
Downloads | 0 | 0 |
Data volume | 0 Bytes | 0 Bytes |
Unique views | 0 | 0 |
Unique downloads | 0 | 0 |