the shortest working capital cycles, relatively higher rates of profitability were obtained. A favorable influence of … working capital cycles reduction of the profitability was also verified by means of a multiple regression analysis. -- working …

explain how working capital management affects profitability of Serbian companies measured by ROA indicator. In order to … profitability and accounts receivable turnover in days (ART), accounts payable turnover in days (APT) and inventory turnover in days … in days (CCC) and profitability. The issue of working capital management has not been sufficiently examined in the …

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 …

. This study investigates the relationship between aggressive/conservative working capital practices and profitability as … 2004-2008. The results indicate a negative relationship between profitability measures and working capital aggressiveness …

examine the role of business cycles on the working capital-profitability relationship using a sample of Finnish listed … companies over an 18 year period. We find the impact of business cycle on the working capital-profitability relationship is more …

profitability of SMEs. Design/methodology/approach – The paper employs panel data regression analysis and a questionnaire survey on … results show that the management of accounts payable (AP) and accounts receivable (AR) is important for SMEs profitability … for SMEs profitability. Questionnaire results suggest that management of CCC and all its components is perceived as …

profitability of Small and Medium Enterprises (SMEs) listed on the Alternative Investment Market (AIM), from the perspective of … WCM practices has an effect on profitability. However, the results show that given the limited resources of SMEs, the main … profitability …

the overall business health of the firm. This study examined the impact of WCM on profitability and shareholders wealth … represents 47% of the selected sectors of CSE. The profitability of the company is measured using gross operating profit (GOP … between LEV and TQ. The study finds that the shareholders' wealth and profitability can be increased through the efficiency of …

This paper presents the problem of working capital management, profitability and risk represented by working capital … the profitability and risk connected to the liquidity. On the other hand we can expect that the lower the working capital … level and hence the liquidity the higher the profitability and risk., The author decided to test companies listed on the …

This study aims to test the effect of working capital management on firms' profitability and the effect of this … that working capital significantly affects firms' profitability. However, working capital management does not exhibit a … significant direct influence on sustainable growth but a significant indirect influence through firms' profitability. Thus, this …