Limited research which considers effects of working capital management on firm performance for manufacturing firms listed on ise and these studies measure only profitability as an indicator of firm performance this paper contributes to the literature by measuring firm value as an indicator of firm performance in turkey. Working capital management and profitability-case of pakistani firms international review of business research papers, 3(1), 279–300 google scholar samiloglu, f , & demirgunes, k (2008) the effect of working capital management on firm profitability: evidence from turkey the international journal of applied. This preliminary study was made with an attempt to analyze the efficiency of working capital management in the selected small medium enterprise companies in effect of working capital management on sme's performance in pakistan, european journal of business and management,issn 2222-1905 (paper) issn. British journal of economics, management & trade, issn: 2278-098x,vol: 6, issue: 2 original research article the impact of working capital management on the profitability of smart bags limited manufacturing firm in zimbabwe leonidas ngendakumana1, nelson jagero2 and francis gondo3 1department of. The purpose of this paper is to review research on working capital management ( wcm) and to identify gaps in the current body of knowledge, which justify future research directions wcm has attracted serious research attention in the recent past, especially after the financial crisis of 2008. This article aims to investigate the relationship between working capital management and firm performance in an emerging market the analysis is done over a lon.
Research article relationship between working capital management and profitability: a study of selected fmcg companies in india business and economics journal vol 2012: bej-60. The primary purpose of this paper is to investigate the relationship between working capital management and financial performance of listed manufacturing is a gap for further research on the relationship between working capital management and profitability with special reference to manufacturing sector in sri lanka. Working capital management, corporate performance, and strategic choices of the wholesale and retail industry in china all of the data in this paper are collected from the china stock market & accounting research database ( csmar) (gta information technology co, ltd, shenzhen, china) and. Academic journal article business and economics research journal the main objectives of working capital management are profitability and liquidity (watson and head, 2004) we can accordingly, we focus on whether impact of working capital management under firms profitability outcomes of ise.
Key words: working capital management efficiency, earnings muralidharan janakiraman is a research scholar in the department tion of paper in india the industry experiences frequent dwindling de- mands and low ebit the paper industry is highly capital intensive some of the units that are installed in the. Assets and current liabilities working capital of the enterprise are important proper selection and management of working capital management policies can create competitive advantage this study aimed to provide empirical evidence about the impact of working capital management, performance management companies. Many findings of past studies were revisited and analyzed to link working capital management with firm's profitability however, there is still ambiguity regarding the appropriate variables which might serve as proxies for working capital management that would affect firm's profitability thus, this research paper is conducted.
Working capital management requirements of selected paper mills of west bengal during the period 1983-84 to 1985-86 the study concluded that the overall financial conditions of 40% of the firms were assumed to be precarious shanmugam, r and poornima, s (2001), showed that the effective management of working. How to cite this article: adediran a samson, josiah mary, bosun-fakunle yemisi and imuzeze obehi erekpitan, 2012 the impact of working capital management on the profitability of small and medium scale enterprises in nigeria research journal of business management, 6: 61-69. Information page the main purpose of this annual (bi-annual) publication is to promote high quality theoretical, empirical and applied research in the analysis, management and control of working capital the publication will contain original research articles that aim to: (i) develop and present rigorous theories of working.
International review of business research papers vo2 no 2 october 2006, pp 45 -58 trends in working capital management and its impact on firms' performance: an analysis of mauritian small manufacturing firms kesseven padachi a well designed and implemented working capital management is expected to. The paper closes with some conclusions and suggestions for further research 2 previous studies on working capital management (wcm) and the cash conversion cycle (ccc) the concepts of wcm and the cash conversion cycle ( ccc) have been studied from different angles the articles written on the topic can for.
International journal of scientific and research publications, volume 6, issue 6, june 2016 815 the financial managers of firms spend most of their time and effort on day-to-day working capital management due to the inability of financial managers to garments, paper products, prefabricated metal products and wood. Abstract—working capital is needed for day-to-day operations of a firm the primary purpose of this research was to examine the effects of working capital management on profitability the regression analysis was based on a panel sample of 255 companies listed on the stock exchange of thailand from 2007 through 2009.