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The Impact Of Liquidity On The Financial Performance Of The Nonfinancial Firms Quoted On The Nairobi Securities Exchange
Liquidity management and profitability are very important issues in the growth and survival of business and the ability to handle the trade-off between the two is of great concern for financial managers. This study has investigated the impact of liquidity on profitability of nonfinancial companies listed in the Nairobi Securities Exchange (NSE). The study adopted a descriptive research design that enabled the researcher to meaningfully describe a distribution of scores or measurements. The study covered 39 listed nonfinancial companies in NSE Kenya. Analysis was based on data extracted from audited annual financial statements of listed nonfinancial companies for a period of five years from y
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