The Effect Of Inflation On Net Operating Cycle Of Listed Manufucturing Firms In The Nairobi Securities Exchange
Abstract
The main objective of the study was to establish the effect of inflation on net operating cycle of
listed manufacturing firms in Kenya. It mainly focused on manufacturing firms in Nairobi
County that were listed on the NSE starting from 2000-2015. The research used both descriptive
research design. The quantitative research approach was employed to arrive at the findings of the
study. The study found a positive relationship between inflation and the net operating cycle.
Furthermore, the study found the regression coefficient for leverage and inflation to be positive.
The study found a negative relationship between the fixed asset structure and inflation. The study
recommended that there should be proper inventory management system in manufacturing firms
to avoid over stock of inventory resulting efficient outcome of investment. The study further
recommended that companies should engage in relationship with those suppliers who allow long
credit time period and those customers who allow short payment period.
Publisher
University Of Nairobi
Rights
Attribution-NonCommercial-NoDerivs 3.0 United StatesUsage Rights
http://creativecommons.org/licenses/by-nc-nd/3.0/us/Collections
The following license files are associated with this item: