Articles

WORKING CAPITAL EFFICIENCIES AND FIRM VALUE OF INDUSTRIAL GOODS COMPANIES IN NIGERIA

The study examines the effect of working capital efficiency on firm value of listed industrial goods firms (Building materials sub-sector) in Nigeria. Multiple regression method was used to analyze the data extracted from annual reports and accounts of five (5) sampled firms for the period 2006- 2015. The results found that cash conversion cycle is one of the major determinants of working capital ...