Liquidity and Financial Performance A Correlational Analysis of Quoted Non Financial Firms in Ghana
Journal Title: International Journal of Trend in Scientific Research and Development - Year 2019, Vol 3, Issue 5
Abstract
This study explored the interactions between liquidity and the financial performance of quoted non financial firms in Ghana. The study was correlational as it sought to examine the relationship between liquidity and the firms' viability. From the Pearson Product Moment Correlation Coefficient technique of data analysis, liquidity had a significant relationship with the firms' financial performance as measured by ROA, but insignificant relationship with the firms' financial performance as measured by ROE and ROCE. Based on the findings, the study recommended among others that, the firms can improve their final bottom line by proficiently handling their liquid resources. Yusheng Kong | Mohammed Musah | Andrew Osei Agyemang "Liquidity and Financial Performance: A Correlational Analysis of Quoted Non-Financial Firms in Ghana" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25248.pdfPaper URL: https://www.ijtsrd.com/management/accounting-and-finance/25248/liquidity-and-financial-performance-a-correlational-analysis-of-quoted-non-financial-firms-in-ghana/yusheng-kong
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- EP ID EP628194
- DOI 10.31142/ijtsrd25248
- Views 68
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