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http://localhost:8080/xmlui/handle/123456789/202Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | ASARE, KWAKU ERIC | |
| dc.contributor.author | AMOAH, LINDA | |
| dc.contributor.author | NIMO, FRANCIS | |
| dc.contributor.author | GRAHAM, CYNTHIA | |
| dc.contributor.author | BOATENG OWUSU, KWAKU | |
| dc.date.accessioned | 2013-07-30T10:18:09Z | |
| dc.date.accessioned | 2022-01-18T17:43:47Z | - |
| dc.date.available | 2013-07-30T10:18:09Z | |
| dc.date.available | 2022-01-18T17:43:47Z | - |
| dc.date.issued | 2013-06 | |
| dc.identifier.uri | http://localhost:8080/xmlui/handle/123456789/202 | - |
| dc.description | Globalization is putting a lot of pressure on economies all the world to be competitive and expand to arrest the problem of poverty.In view of this, various governments have put programs and strategies in place to be competitive to ensure steady but sustainable growth and development, which is the only way to eradicate poverty.The Ghanaian economy, the structure of which according to Institute of Statistical, Social and Economic Research (ISSER 2006) is Agriculture 37.3% (with a growth rate of 5.7%), Industry/ Manufacturing 25.3% (with a growth rate of 7.3%), and the service sector 37.5% (with a growth rate of 6.5%), is no exception. The economy is mainly controlled by the private sector. | en_US |
| dc.description.abstract | In this study the relationship between liquidity and profitability was investigated. Using time series data, the study covered a period of five years between 2004 and 2008 on brewery companies listed on the Ghana stock exchange. It was observed that from the multiple regressions analysis that total cash ratio (TCR) of 8% was maintained in the brewery industry over the period. Total liquidity ratio was also 29.7%. Liquidity refers to a firm's ability to meet its short-term obligations when they fall due. The performance in terms of profitability was evidenced by ROE, 22% and ROA, 9%. This was not impressive; however, it goes to highlights the importance liquidity management can affect profitability. This trend was observed consistently over the period 2004 to 2008. The study made some interesting revelations resulting from the Pearson’s correlation analysis. We found that, ROE and ROA are positively correlated with total cash ratio and total liquidity ratio. | en_US |
| dc.subject | Globalization | en_US |
| dc.subject | economies | en_US |
| dc.subject | Ghanaian economy | en_US |
| dc.title | RELATIONSHIP BETWEEN CORPORATE LIQUIDITY AND PROFITABILITY | en_US |
| dc.title.alternative | EVIDENCE FROM QUOTED BREWERY COMPANIES ON THE GHANA STOCK EXCHANGE (GSE) | en_US |
| dc.type | Thesis | en_US |
| Appears in Collections: | Business Administration -ST | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| CORPORATE LIQUIDITY AND PROFITABILITY.pdf | 449.17 kB | Adobe PDF | View/Open |
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