Dublin Core
Title
The affiliation between cash flows and the financial performance of non-financial firms: an empirical evidence from the Ghana stock exchange (GSE)
Creator
Mohammed Musah, Yusheng Kong
Description
This study sought to explore the connection between cash flows and the financial performance of non-financial firms listed on the Ghana Stock Exchange (GSE). Specifically, the study sought to examine the association between cash flows and the firms’ financial performance as measured by ROA; explore the connection between cash flows and the firms’ financial performance as measured by ROE; and to find out the affiliation between cash flows and the firms’ financial performance as measured by ROCE. This study was a quantitative study because, it mainly examined numerically measured variables with the application of statistical techniques. The study was precisely correlational in nature because, it sought to explore the relationship between cash flows and the firms’ financial performance. The study was finally panel in nature because, it gathered information on the same study units at different points in time. A balanced secondary panel data sourced from the audited and published annual reports of the Ghana Oil Company Ltd, Total Petroleum Ghana Ltd, Starwin Products Ltd, Camelot Ghana Ltd, Aluworks Ltd, Clydestone Ghana Ltd, African Champion Industries Ltd, Benson Oil Palm Plantation Ltd, Fan Milk Ltd, Guinness Ghana Breweries Ltd, Unilever Ghana Ltd, PZ Cussons Ghana Ltd, Produce Buying Company Ltd, Mechanical Lloyd Company Ltd and Sam Woode Ltd for the period 2008 to 2017 was used for the study. Both the descriptive and inferential techniques of data analysis were employed for the study. In the descriptive technique of data analysis, the mean, standard deviation, variance, minimum and maximum values, range …
Date
2019
Source
https://scholar.google.com/citations?view_op=view_citation&hl=en&user=-U-tBVYAAAAJ&cstart=20&pagesize=80&citation_for_view=-U-tBVYAAAAJ:TQgYirikUcIC
Language
English