The relationship between profitability and liquidity in South African listed firms

dc.contributor.advisorUliana, Enricoen_ZA
dc.contributor.authorSiame, Chitongwaen_ZA
dc.date.accessioned2015-01-03T05:47:09Z
dc.date.available2015-01-03T05:47:09Z
dc.date.issued2012en_ZA
dc.descriptionIncludes bibliographical references.en_ZA
dc.description.abstractThis dissertation analyses the influence of liquidity on the profitability of South African listed firms between 2000 and 2009. The importance of this paper is to assess whether South African firms will improve profitability by managing liquidity efficiently. We used data from past published results of 120 JSE listed firms. The findings from the study suggest that there exists a negative relationship between profitability and liquidity as measured by the cash conversion cycle. Furthermore, efficient liquidity management improves return to shareholders by reducing time taken from the moment that creditors/suppliers are paid until the moment cash is collected from customers/debtors.en_ZA
dc.identifier.apacitationSiame, C. (2012). <i>The relationship between profitability and liquidity in South African listed firms</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax. Retrieved from http://hdl.handle.net/11427/11143en_ZA
dc.identifier.chicagocitationSiame, Chitongwa. <i>"The relationship between profitability and liquidity in South African listed firms."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2012. http://hdl.handle.net/11427/11143en_ZA
dc.identifier.citationSiame, C. 2012. The relationship between profitability and liquidity in South African listed firms. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Siame, Chitongwa AB - This dissertation analyses the influence of liquidity on the profitability of South African listed firms between 2000 and 2009. The importance of this paper is to assess whether South African firms will improve profitability by managing liquidity efficiently. We used data from past published results of 120 JSE listed firms. The findings from the study suggest that there exists a negative relationship between profitability and liquidity as measured by the cash conversion cycle. Furthermore, efficient liquidity management improves return to shareholders by reducing time taken from the moment that creditors/suppliers are paid until the moment cash is collected from customers/debtors. DA - 2012 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2012 T1 - The relationship between profitability and liquidity in South African listed firms TI - The relationship between profitability and liquidity in South African listed firms UR - http://hdl.handle.net/11427/11143 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/11143
dc.identifier.vancouvercitationSiame C. The relationship between profitability and liquidity in South African listed firms. [Thesis]. University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2012 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/11143en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Finance and Taxen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherFinancial Managementen_ZA
dc.titleThe relationship between profitability and liquidity in South African listed firmsen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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