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debt structure, and the effect of this on corporate profitability. The assumption on which the study was based is that, if … profitability but no significant relationship between firm's working capital composition and profitability. The results, however … profitability is positively affected. The study therefore recommends that, for firms to optimize profitability and to maintain good …
Persistent link: https://www.econbiz.de/10010224764
debt structure, and the effect of this on corporate profitability. The assumption on which the study was based is that, if … profitability but no significant relationship between firm's working capital composition and profitability. The results, however … profitability is positively affected. The study therefore recommends that, for firms to optimize profitability and to maintain good …
Persistent link: https://www.econbiz.de/10013071720
firm profitability (FP). As well as checking whether there is a financial leverage threshold in the decision on working … tween working capital management and corporate profitability; and (ii) at a certain percentage of the debt coefficient … (Impact Threshold), the variables representing working capital management all have a negative impact on the profitability of …
Persistent link: https://www.econbiz.de/10014443896
by the cash conversion cycle and profitability of Small and Medium Enterprises (SMEs). The paper employs panel data … empirical results show that there is a concave relationship between working capital level and firm profitability and that there … is an optimal working capital level at which firms' profitability is maximised. Furthermore, an examination as to whether …
Persistent link: https://www.econbiz.de/10013004018
This study examined the effect of working capital management (WCM) on the financial performance of quoted conglomerate firms in Nigeria for the period 2006 to 2016. Account receivable period (ARP), account payable period (APP), inventory turnover period (INV) and cash conversion cycle (CCC) were...
Persistent link: https://www.econbiz.de/10012834661
Efficient and effective working capital management is crucial given its impact on the company's profitability. The … focus of the research in this paper is the impact of individual components of working capital on the profitability of … that corporate profitability increases with increasing account receivable period, account payables payment period, company …
Persistent link: https://www.econbiz.de/10013382101
We take a closer look at the links between corporate capital structure and productivity, profitability and access to … capital structure has no significant impact on the firms' profitability or productivity. However, the capital structure is …
Persistent link: https://www.econbiz.de/10010439503
correlation between leverage and profitability. When rebalancing costs are added to this theory, it predicts a positive leverage-profitability … the theory predicts it should be positive. Our results thus resurrect the leverage-profitability puzzle …
Persistent link: https://www.econbiz.de/10011847874
This paper offers an alternative theory of corporate finance, to replace the invalid MM theorem. It derives the optimal amount of fund, which can be equity or debt. It introduces a new concept called marginal yield. It corrects the meaning of borrowing. It reproduces the MM theorem, to show its...
Persistent link: https://www.econbiz.de/10012989765
Persistent link: https://www.econbiz.de/10012887678