The Effectiveness of Cash Management

on Profitability
Author & Variables Methodolog Key Findings Recommend Areas for
Journal y / Theories ations Further
Details Used Study
Pandey, D.L. Independent Correlation Cash Improve Investigate
(2020) : Cash research management cash other factors
Pravaha managemen design; has a conversion influencing
Journal t practices purposive positive but cycles and profitability
Dependent: sampling; insignificant inventory in small
Profitability regression effect on managemen manufacturi
analysis profitability. t. ng firms.
Omotunwas Independent Panel OLS Cash Implement Explore
e, O.M. : Cash regression management advanced impact on
(2024) managemen significantly cash flow other
Malete t practices affects ROA forecasting financial
Journal of Dependent: and ROE. models. performance
Accounting ROA, ROE metrics.
and Finance
Wadesango, Independent Mixed Cash Encourage Study
N. et al. : Cash flow methods; management SMEs to barriers to
(2019) managemen chi-square significantly adopt effective
Internationa t practices analysis affects effective cash
l Journal of Dependent: profitability cash management
Entrepreneu Profitability and managemen .
rship and sustainabilit t practices.
sustainabilit y of SMEs.
y
Onyemaobi, Independent Correlation Shorter cash Ensure Examine
C.A. (2014) : Cash and linear conversion efficient cash
The conversion regression; cycles cash management
Internationa cycle, analytical increase managemen 's sector-
l Journal of efficiency design profitability. t. specific
Business & Dependent: impacts.
Management Profit
margin, ROI
Rudacogora, Independent Purposive Positive Maintain Investigate
B. et al. : Cash, sampling; correlation optimum each
(2022) inventory, questionnair between current working
Strategic receivables, es; Pearson cash assets. capital
Journal of payables correlation management component.
Business & managemen practices
Change t and
Management Dependent: profitability.
Profitability
Onyango, Independent Descriptive Cash Promote Explore role
G.O. & : Cash design; budgeting, budgeting in of
Muchira, budgeting, questionnair control, and SME technology
B.W. (2021) control, es forecasting operations. in cash
Strategic forecasting positively management
Journal of Dependent: relate to .
Business & Financial performance
Change performance .
Management
Ouma, O.S. Independent Descriptive Weak Improve Study other
(2021) : Liquidity design; positive liquidity factors
University of managemen correlation correlation managemen affecting
Nairobi t, receivable and between t and SME
Repository collection regression cash receivable financial
Dependent: management collection. performance
Net Profit and .
Margin performance
.
Richo, M.W. Independent Regression Credit Adopt Assess
& Onyiego, : Bank analysis management practices impact of
G. (2023) reconciliatio has the like bank each
Strategic n, credit greatest reconciliatio practice
Journal of managemen impact on n and individually.
Business & t, cash financial planning.
Change planning performance
Management Dependent: .
Financial
performance
Alshammari, Independent Panel Positive Maintain Investigate
T. (2020) : Cash level regression relationship optimal cash determinant
Journal of Dependent: models; between levels. s of cash
Financial Corporate GMM cash level levels.
Management performance and
performance
.
Otieno, J. Independent Descriptive Cash Emphasize Explore
(2021) : Cash and management proper cash challenges
Journal of managemen inferential practices managemen to
Business t practices statistics positively t practices. implementat
Studies Dependent: affect SME ion.
SME performance
performance .
Wanjuki, Independent Descriptive Conversion Implement Study cash
E.N. (2021) : Cash design; SPSS cycle and effective practices in
Journal of conversion analysis budgeting cash healthcare
Health cycle, positively budgeting institutions.
Finance budgeting affect and cycle
Dependent: performance managemen
Financial . t.
 performance
Sooriyakum Independent Survey Financial Encourage Identify
aran, L. et al. : Financial research; management adoption of specific
(2022) managemen statistical practices sound financial
Working t practices analysis improve financial practices
Paper Dependent: SME practices. most
SME performance influential.
performance .
Kioko, C. & Independent Pearson Inventory Optimize Examine
Kharchenko, : Inventory correlation; conversion inventory receivables
V. (2020) conversion, multiple period managemen management
Journal of receivables regression positively t. impact.
Business period influences
Finance Dependent: profitability.
Profitability