Authors :
ODIRI V.I.O.; OHWOVORIOLE, Oviebemre; ISIAKA, Ganiyu Abiodun; OMOKHUALE, Omeniah Christopher; IGEMOHIA, Mohammed; OHWOJERO, Obaro Kelvin
Volume/Issue :
Volume 9 - 2024, Issue 5 - May
Google Scholar :
https://tinyurl.com/kue9b9jr
Scribd :
https://tinyurl.com/y3c7suzc
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24MAY952
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
This study employed a dissimilar
methodology in investigating the mediating role of firm
size on the relationship between inventory management
and performance of non-finance companies publicly
listed on the Nigerian Exchange Group. The study was
hinged on just-in-time paradigm while variables of
inventory management and financial performance were
obtained from the annual reports and accounts of 76
non-finance companies. The results obtained from the
structural equation modelling showed that size of firm
mediates on the relationship between inventory
management and financial performance measures of the
study and it was found to be significantly positive. On
the basis of this, it was suggested that companies need to
strengthen inventory management practices as well as
increasing their sizes. The size of companies can be
increased by way of investing more funds in their asset
structures.
Keywords :
Return On Asset; Firm Size; Return On Equity; Inventory Management; Return On Capital Employed.
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This study employed a dissimilar
methodology in investigating the mediating role of firm
size on the relationship between inventory management
and performance of non-finance companies publicly
listed on the Nigerian Exchange Group. The study was
hinged on just-in-time paradigm while variables of
inventory management and financial performance were
obtained from the annual reports and accounts of 76
non-finance companies. The results obtained from the
structural equation modelling showed that size of firm
mediates on the relationship between inventory
management and financial performance measures of the
study and it was found to be significantly positive. On
the basis of this, it was suggested that companies need to
strengthen inventory management practices as well as
increasing their sizes. The size of companies can be
increased by way of investing more funds in their asset
structures.
Keywords :
Return On Asset; Firm Size; Return On Equity; Inventory Management; Return On Capital Employed.