Impact of Cash Management on Conduct of Production Firms

Gift Ugwe Roman PhD

doi:10.56201/ijefm.v10.no12.2025.pg337.348

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Impact of Cash Management on Conduct of Production Firms

Gift Ugwe Roman PhD

Abstract

Cash management, especially at the at the wake of the global financial crisis, has become a major source of concern for business managers as bank loans are becoming too expensive to maintain as a result of tightening of both the local and international financial market and the reluctance of the public to invest in the share of Firms sequel to the crash of the capital market. Thus, cash management assumes more significance than other current assets because cash is the most important asset that a firm holds. The objective of the study is to determine the extent to which cash management can affect profitability management in Dangote Cement, to establish the relationship between cash conversion cycle and corporate profitability, to determine the nature of the relationship between cash management and corporate profitability. However, literature revealed that only limited studies have investigated the relationship between cash management and profitability in firms. Therefore, this study will examine the relationship between cash management and profitability in Dangote Cement Nigeria. The study may help the management of Dangote Cement (R) Limited in determining which cash management technique to use in order to ensure profitability and also know the various factors that affect cash management in the organization. The study may act as a source of literature for the scholars who intend to do research on how cash management affects profitability of any other institution or any aspect related to cash management. The researcher used descriptive research design since the study involved use of census. The study population was a target 50 employees from managers, sales department and accounts department and was conducted through a census. For purposes of sample representation, all the administrators of Dangote Cement were drawn. Questionnaires and interview guide was used. Literature revealed that only limited studies have investigated the relationship between cash management and

References

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Impact of Cash Management on Conduct of Production Firms

Abstract

References

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