Value Chain Financing: Raw Material and Working Capital Approach for Edible Oil Manufacturing Companies in Kenya
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Date
2017
Authors
Agarwal, Rajiv
Jagongo, Ambrose O.
Mbewa, Martin
Journal Title
Journal ISSN
Volume Title
Publisher
Imperial Journal of Interdisciplinary Research
Abstract
The study sought to determine the
moderating effect of firm characteristic on the
relationship between financial performance and
value chain financing through raw material and
working capital in the edible oil manufacturing
companies in Kenya. Using the secondary data
which was extracted from the financial statements
of edible oil manufacturing companies for the
period 2008 to 2014. A positivism philosophy
applying descriptive retrospective panel data
approach was used during the study. Multiple
regression analysis was conducted to establish the
relationship of the financing variables (Raw
material and Working capital) and the financial
performance of the Edible Oil Manufacturing
Companies in Kenya . The major findings and
conclusions of this study were that, financing
through raw material and working capital do not
have statistical significant relationship to financial
performance of Edible Oil Manufacturing
Companies In Kenya.
Description
An Article Published in Imperial Journal of Interdisciplinary Research
Keywords
Value chain, Financial Performance, Edible oil, Raw Material, Working Capital