@article{jfa2021915,
author={{Yegon, Charles Kiprotich and Muturi, Willy and Oluoch, Oluoch},
title={Moderating Effect of Ownership Structure on the Relationship between Working Capital Management Decisions and Financial Performance of Tea Firms in Kenya},
journal={Journal of Finance and Accounting},
volume={9},
number={1},
pages={48--55},
year={2021},
url={http://pubs.sciepub.com/jfa/9/1/5},
issn={2333-8857},
abstract={Kenyan tea industry is struggling to thrive.  Multinationals and KTDA managed tea firms in Kenya have been performing poorly in the recent past where audited financial statements and reports revealed a warning signal on its financial performance. Specific objectives of the study was to investigate the moderating effect of ownership structure on the relationship between accounts receivables collection period, accounts payment period, inventory conversion period, cash conversion period, WCM policies and financial performance of tea firms in Kenya. The study concludes that the ownership structure moderates the relationship between working capital management decisions and financial performance of tea firms in Kenya.},
doi={10.12691/jfa-9-1-5}
publisher={Science and Education Publishing}
}