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relationship between working capital management and corporate profitability and to identify the variables that most affect … corporate profitability. Working capital management is considered to be a vital issue in financial management decision and it … has its effect on liquidity as well as on profitability of the firm. Moreover, an optimal working capital management …
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We examine the value effect of working capital management (WCM) for a large sample of US firms between 1982-2011. Our results indicate (i) the existence of an optimal level of working capital policy; and (ii) firms that converge to that optimal level (either by increasing or decreasing their...
Persistent link: https://www.econbiz.de/10013062593
-term debts and upcoming operational expenses at minimal costs, increasing corporate profitability. Research results from compared … affecting their profitability. To redress this anomaly and improve net returns and corporate profitability from the use of …-out, illiquidity and bad debts costs; determine its working capital policies ensuring it improves corporate profitability; appraise …
Persistent link: https://www.econbiz.de/10009540167
The objective of this study is to investigate the impact of working capital management (WCM) on corporate performance in cement, chemical and engineering sectors of Pakistan. Data is obtained from annual reports of the companies during 2007-2011. Pooled ordinary least squares method is used to...
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cycle /CCC/, working capital value /WC/ and the financial liquidity /CR/) and profitability of companies listed on the … significant non-linear relationship between WC, CR and profitability. When WC and CR values grow, profitability increases, but at … a slower pace. However, there is a linear negative relationship between CCC and profitability. The results are …
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