Preview

Appraisal on Working Capital in the Banking Industry

Powerful Essays
Open Document
Open Document
2496 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Appraisal on Working Capital in the Banking Industry
AN APPRAISAL ON
WORKING CAPITAL IN
BANKING INDUSTRY

BY

BRIDGET OMOTAYO EMMANUEL

ABSTRACT
This work is an appraisal on working capital in banking industry. A hundred and twenty questionnaires were distributed among people and managers from selected banks in Nigeria. Interviews and surveys were also conducted. Primary and secondary data were used in the analysis. Tables and percentages were used as the instrument of analysis. It was observed therefore that working capital have a significant impact on banking industry. Also, there is a strong relationship between working capital and banking industry.

TABLE OF CONTENT
PAGES
TITLE PAGE i
CERTIFICATION ii
DEDICATION iii
ACKNOWLEDGMENT iv
ABSTRACT v
1.0 CHAPTER ONE -: INTRODUCTION
1.1 BACKGROUND OF STUDY
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF STUDY
1.4 RESEARCH QUESTIONS
1.5 HYPOTHESIS
1.6 SCOPE OF STUDY
1.7 SIGNIFICANCE OF STUDY
1.8 LIMITATION OF STUDY
1.9 DEFINITION OF TERMS
2.0 CHAPTER TWO -: LITERATURE REVIEW
2.1 INTRODUCTION
2.2 CONCEPT OF BANK CONSOLIDATION
2.3 EVOLUTION OF BANKING IN NIGERIA
2.4 ROLE OF BANKS IN THE NIGERIA ECONOMY
2.5 POSITION OF THE BANKING SECTOR BEFORE CONSOLIDATION

2.6 OBJECTIVE OF BANK CONSOLIDATION
2.7 BANK CONSOLIDATION THROUGH MERGER AND ACQUISITION
2.8 IMPACT OF CONSOLIDATION ON THE BANKING SECTOR
2.9 EFFECT OF BANK CONSOLIDATION ON THE NIGERIA ECONOMY
3.0 CHAPTER THREE -: RESEARCH METHODOLOGY
3.1 RESEARCH DESIGN
3.2 AREA OF STUDY
3.3 POPULATION OF STUDY
3.4 SOURCE OF DATA
3.5 SAMPLING METHOD
3.6 RESEARCH INSTRUMENTATION
3.7 VALIDITY AND RELIABILITY OF RESEARCH INSTRUMENT
3.8 METHOD OF INVESTIGATION
4.0 CHAPTER FOUR -: DATA ANALYSIS
4.1 PRESENTATION AND ANALYSIS
4.2 TEST OF HYPOTHESIS
5.0 CHAPTER FIVE -: SUMMARY OF FINDINGS / CONCLUSION
5.1 SUMMARY OF FINDING
5.2 CONCLUSION
RECOMMENDATION
REFERENCES

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF STUDY
Nigeria banking sector has



References: Consolidation:-It is the reduction in the number of banks and other deposit taking institution with a simultaneous increase in the size and concentration of the consolidation entities in the sector (Bis, 2001:2).

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Working capital refers to the short term decisions relating to financing. If the working capital is neglected in any way, it can cause a company to go bankrupt. If this occurs, it means that employees will not get paid and suppliers will not get the proper funding for the supplies that were already ordered. Management of the working capital has to be strict. Policies will need to be put into place where everything is managed correctly. When there is a fault in the management of the policy, workers should come together and implement a plan that will allow for the decisions that were previously made to be taken into effect.…

    • 529 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Lawrence Sports Simulation

    • 1839 Words
    • 8 Pages

    References: Chiou, J., Cheng, L., & Wu, H. (2006). The Determinants of Working Capital Management. Journal of American Academy of Business, 10(1), 149-155. Retrieved from http://search.proquest.com.ezproxy.apollolibrary.com/docview/222872625…

    • 1839 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    Hidden River Case

    • 1361 Words
    • 6 Pages

    This course will introduce you to the challenging task of managing a company’s working capital. Managing working capital involves establishing appropriate levels for the various working capital accounts, controlling the flow of dollars among the accounts and monitoring the accounts to ensure adequate liquidity and to enhance the profitability of the firm. The case study approach will be used throughout this course.…

    • 1361 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    The data analysis procedure was also appropriate for this study the researchers analyzed the reported data…

    • 769 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Working capital management is critical for business. Inappropriate working capital management will lead to major problems for the operations of the company. Management of the company has to make estimation about future expected sales, costs and so…

    • 1856 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Minimizing Working Capital

    • 1200 Words
    • 5 Pages

    Working capital is of major importance to a business because it controls the current day-to-day operations including payment of salaries, wages, inventory, raw materials, other business expenses, purchase of stocks, buildings, land, fixed assets, etc.…

    • 1200 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Abstract The regime of banking sector reforms leading to recapitalization and consolidation in Nigeria and the consequent merger and or acquisition of existing banks into twenty five (25) by 2005, and later eighteen (18) by 2012 brought along their trails attendant labor problems in terms of educational diversity, job security and productivity, decent employment questions. The study review post consolidation performance of the banking sector to assess the extent to which the sector meets consolidation objective using post development approach. It was found that while the alliance and marriage of seemingly compatible partners are settling down, the society is at the receiving end of the severance of labor and the enlargement of the pool of reserved army of the unemployed. The fall-out therefore is double-edge for the economy and the society.…

    • 5865 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    In Kenya, the Nairobi Stock Exchange (NSE) provides a link between the buyers and sellers of shares. The Nairobi Stock Exchange acts a market where excess funds can be channeled to companies that need these resources. To facilitate the trade, brokerage firms have been incorporated to aid both the buyers and sellers of shares in making important investment decisions. The…

    • 6925 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Journal of Contemporary Issues in Business Research FACTORS INFLUENCING CORPORATE WORKING CAPITAL MANAGEMENT: EVIDENCE FROM AN EMERGING ECONOMY KAMAL NASER1, RANA NUSEIBEH2 and AHMED AL-HADEYA3 ABSTRACT The main purpose of this study is to explore factors that influence working capital management by non-financial companies listed on Abu Dhabi Securities Exchange. The cash conversion cycle is used to proxy working capital management where short cycle implies effective management. Six factors frequently employed in previous research were used to explain variations in cash conversion cycle. The factors included industry type, sales growth, operating cash flows, return on equity, leverage and size. The latest annual reports for all non-financial companies listed on Abu Dhabi Securities Exchange and operate in the UAE were used to achieve the purpose of the study. The result of the analysis revealed that the effectiveness of working capital management of the companies covered in the study are influenced by sales growth, size and the level of corporate leverage. INTRODUCTION Working capital is a financial measure used to assess corporate liquidity. Reasonable working capital should be available to any firm to ensure that it has sufficient funds to cover its short-term obligations and to pay for future operating expenses. This guarantees the continuity of the firm’s operations. In fact, it is possible to see a profitable firm forced out of business due to inability to meet its short- term obligations when they fall due. It is therefore vital for any firm to manage its working capital successfully to ensure continuity. In the last few years, several studies have been undertaken to investigate factors affecting corporate working capital. Most of the studies examined the relationship between corporate working capital and profitability (see for example: Hayajneh and Yassine, 2011; Sabri, 2012; Gill et al., 2010; Dong and Su, 2010; Boisjoly, 2009; Falope and Ajilore, 2009;…

    • 9405 Words
    • 38 Pages
    Good Essays
  • Powerful Essays

    Employee Motivation

    • 3707 Words
    • 22 Pages

    primary and secondary, have been used for the study. Secondary data has been collected through published data in public…

    • 3707 Words
    • 22 Pages
    Powerful Essays
  • Powerful Essays

    Aschalew F., 2006. Determinants and dimensions of household food insecurity in Diredawa city, Ethiopia. Thesis submitted to the department of Agricultural Economics, School of Graduate Studies of Alemaya University, and Alemaya. 83p.…

    • 6236 Words
    • 25 Pages
    Powerful Essays
  • Satisfactory Essays

    Purpose: Businesses face ever increasing pressure on costs and growing financing requirements as a result of intensified competition in globalised markets. Many of them therefore consider ways of making themselves more efficient. In identifying possible options it is easier to focus exclusively on income and expense items with no consideration on the balance sheet items. However, improvements to the existing capital structure can free up valuable resources and bring increased efficiency. The study was an attempt to measure and analyze the trends in working capital management of Ghanaian oil marketing firms and its impact on their performance. This is very crucial because of the purported high profitable levels of the sector and likely under-utilization of such profit potential. In such a sector, there is also high possibility of over-trading which still under-utilizes the profit potential of the sector.…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Working Capital Management

    • 40116 Words
    • 161 Pages

    This project is based on the study of working capital management in Arabian Industries LLC, An insight view of the project will encompass – what it is all about, what it aims to achieve, what is its purpose and scope, the various methods used for collecting data and their sources, including literature survey done, further specifying the limitations of our study and in the last, drawing inferences from the learning so far. “Arabian Industries LLC” an Oman’s prestigious Engineering and Manufacturing Company; is a well established engineering company. It is an Omani company which always maintained the highest international standards of excellence through quality, technology and innovation. It has the ability to provide the best in engineering and back up services for the petroleum and allied industries. The company has ISO 9001-2000 certification and has executed projects in various Middle East countries. It captured the various facets of the Oman economy in sectors ranging from maintenance, manufacturing, fabrication and infrastructure, etc. Working capital is the life-blood of all types of enterprises, manufacturing and trading both. It is constantly required to buy raw materials for payment of wages and other day-to-day expenses. Without adequate working capital, manufacturing operations will be crippled. It is a base on which all the activities of business enterprise depend. The working capital management refers to the management of working capital, or precisely to the management of current assets. A firm’s working capital consists of its investments in current assets, which includes short-term assets— cash and bank…

    • 40116 Words
    • 161 Pages
    Powerful Essays
  • Satisfactory Essays

    working capital

    • 419 Words
    • 3 Pages

    This is to certify that the project entitled “A STUDY ON WORKING CAPITAL MANAGEMENT” in TIRUMALA MILK PRODUCTS PVT.LTD. The bonafide work done by Mr.CH.SESSHAGIRI, in partial fulfillment of the requirement of Masters Degree in Business Administration under my guidance to the best of my knowledge, it is his original work Submitted to JNTU KAKINADA University.…

    • 419 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Nigerian Monetary Policy

    • 1974 Words
    • 8 Pages

    Obong B.B (2006): “Banking Sector Reforms: Opportunities and Challenges” Union Digest Vol. 10 No 1 and 2…

    • 1974 Words
    • 8 Pages
    Best Essays

Related Topics