Título: Working Capital Management and Cash Holdings of Banks in Ghana
Autores: Yeboah, Benjamin
Agyei, Samuel Kwaku
Fecha: 2012-09-30
Publicador: European Journal of Business and Management
Fuente:
Tipo: info:eu-repo/semantics/article
Peer-reviewed Article
info:eu-repo/semantics/publishedVersion
Tema: No aplica
Descripción: The impact of working capital management on profitability and liquidity is hardly contended. The main thrust of this work is to ascertain the relationship between working capital management and bank cash holding in Ghana. Panel data covering the ten-year period 1999 – 2008 was analyzed within the framework of the random effects technique was used for the presentation and analysis of findings. The results show that while debtors’ collection period, cash conversion cycle, capital structure, bank size have significantly negative relationship with  the cash position of banks, creditors payment period and profitability have significantly positive relationship with the cash position of banks in Ghana. The revelations in this paper go to inform bank directors and policy makers on the direction of managing bank working capital in order to ensure adequate liquidity. Key Words: Working Capital Management, Cash Holdings, Banks, Ghana.
Idioma: Inglés