Liquidity and Financial Performance A Correlational Analysis of Quoted Non Financial Firms in Ghana


Article type :

Original Article

Author :

Yusheng Kong | Mohammed Musah | Andrew Osei Agyemang

Volume :

3

Issue :

5

Abstract :

This study explored the interactions between liquidity and the financial performance of quoted non financial firms in Ghana. The study was correlational as it sought to examine the relationship between liquidity and the firms' viability. From the Pearson Product Moment Correlation Coefficient technique of data analysis, liquidity had a significant relationship with the firms' financial performance as measured by ROA, but insignificant relationship with the firms' financial performance as measured by ROE and ROCE. Based on the findings, the study recommended among others that, the firms can improve their final bottom line by proficiently handling their liquid resources. Yusheng Kong | Mohammed Musah | Andrew Osei Agyemang "Liquidity and Financial Performance: A Correlational Analysis of Quoted Non-Financial Firms in Ghana" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25248.pdf Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/25248/liquidity-and-financial-performance-a-correlational-analysis-of-quoted-non-financial-firms-in-ghana/yusheng-kong

Keyword :

Accounting and Finance, Liquidity, Financial Performance, Correlational Analysis, Non-Financial Firms, Ghana
Journals Insights Open Access Journal Filmy Knowledge Hanuman Devotee Avtarit Wiki In Hindi Multiple Choice GK