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The main aim of the current study is to explore the relationship between working capital (WC) and firm performance. We chose a sample of 326 Czech firms, including 20 certified firms from the EFQM (European Foundation for Quality Management) Excellence Model from the Albertina database. The...
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management (WCM) has a negative effect on firms' profitability by using a fixed effect panel model. Accordingly, this study … concludes that firms should reduce the length of cash conversion cycle to increase profitability. The results of previous …
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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...
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-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 …
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