CASHFLOW AND ORGANIZATIONAL PERFORMANCE IN NIGERIA: HOSPITALITY AND PRINT MEDIA INDUSTRIES PERSPECTIVES

Abstract

This paper examines the relationship between cashflow and organization performance from the perspective of the hospitality and print media industrial sectors of the economy. From a pilot study, forty five small and medium enterprises (SMES) in these sectors were sampled. Data were collected through questionnaire. Analyses were performance by means of descriptive statistics and Pearson’s product moment coefficient of correlation using the statistical package for social sciences (SPSS). Results indicate a significantly strong positive relationship between cashflow position and net profit. Consequently, cashflow position determines the extent of net profit performance of organizations in the hospitality and print media. Considering advances in technology and quality of service delivery which create competition, hospitality and print media organizations should develop strategies to enhance their cash inflow

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 15 citations exist upstream.