Iktinos Hellas S.A.- Greek Marble Industry. Data is analyzed on quantitative basis using Pearson’s correlation and Regression analysis (Ordinary Least Square). period from 2013 to 2016, we performed dynamic panel data analyses. The present study investigates the relationship between working capital management and SME profitability. This is so because the components of working capital have been efficiently managed(reduced INV, AR and AP).
The working capital investment and financing policies have the most significant impact on profitability. Additionally, the inclusion of control variables in the regression equation is standard, yet these variables are not of great interest (Deloof, 2003;García-Teruel & Martínez-Solano, 2007; ... For a sample of 1,009 firms in Belgium from 1992 to 1996, the study found a negative and significant relationship of the CCC and all its components (DSO, DIO, and DPO) with gross operating income (GOI). 19, No. and
Most executives probably will agree with Van Horne and Wachowicz (2005) that it is better not to focus on the length of the payment period as they have very little control over it. Originality/value Athens Exchange Group (ATHEX Group), provides support to the Greek Capital Market. However unlike previous studies we assess firm performance with economic value added momentum rather than accounting based profits. Read and receive news from companies listed on the Athens Stock Exchange directly. Practical implications A sample of 88 American firms listed on New York Stock Exchange for a period of 3 years from 2005 to 2007 was selected.
This firm can creates more net worth by investing in good projects which yields high return. This paper evaluates the working capital management (WCM) efficiency of the Indian manufacturing industries through data envelopment analysis (DEA) and empirically investigates the influence of several exogenous variables on the WCM efficiency. Findings The purpose of this paper is to explore which financial performance indicators (FPIs) evaluate the level of supply chain capability (SCC) that explicitly touches all of the business functions and processes within and beyond the company. We analyse panel data of 115 firms listed on the German The reason for choosing this market is mainly due to the availability and reliability of the financial statements. The index was … Employing the methodology of semi-structured interviews with sixteen financial managers. Working capital is a vital part of business investment which is essential for continuous business operations. Prime Standard, covering the period from 2011 to 2017.
Benchmarking the efficiency model for working capital management: data envelopment analysis approach, Role of working capital management in profitability considering the connection between accounting and finance, An Evaluation of Inventory Management Practices Impact on Return on Asset: A Study on Beverage, Food and Tobacco Sector Listed Companies of Sri Lanka, Managerial Decisions in Relation to the Management of Corporate Profitability Performance in the Manufacturing Industry in the Czech Republic, RELATIONSHIP BETWEEN THE LIQUIDITY AND PROFITABILITY OF SELECT HEAVY ENGINEERING PUBLIC SECTOR COMPANIES, Impact of Working Capital Management on Firm’s Economic Value Added Momentum, EMPIRICAL STUDY ON WORKING CAPITAL MANAGEMENT AND OPERATIONAL EFFICIENCY OF LISTED MANUFACTURING FIRMS IN NIGERIA, Impact of working capital management on firm profitability: Empirical study in Vietnam, IMPACT OF WORKING CAPITAL MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED AGRICULTURAL FIRMS IN NIGERIA, The Impact of Working Capital Management on Financial Performance: Evidence from Jordan, Working capital structure and liquidity analysis : an empirical research on indian pharmaceutical industry, The Effects of Efficient Working Capital Management and Working Capital Policies on Firm Performance: Evidence from Malaysian Manufacturing Firms, The relationship between working capital management and corporate returns of cement industry of emerging market, The Influences of Real Manipulation Activity on Total Accruals Quality and Tax Management : A Empirical Research to Predict the Future Prospect, An Empirical Study on the Relationship Between Working Capital Management Efficiency and Firm Value of Chinese Manufacturing Listed Companies—Differences Between State-Controlled and Non-State-Controlled Companies, To Analyze Relationship between Working Capital Management and Profitability, BİST Yıldız Endeksinde İşlem Gören Firmaların Kârlılıklarına Etki Eden Çalışma Sermayesi Faktörleri, Firms’ Profitability in the Period of Crisis: Evidence from Greek Food and Beverage Listed Firms in the Athens Stock Exchange, Working capital efficiency and firm profitability: Narrative literature review, Gestión del circulante y rentabilidad en el sector del queso ecológico y no ecológico en España, Revista Española de Estudios Agrosociales y Pesqueros (REEAP) REEAP Nº 255-2020, Revisiting disasters in Cabo Verde: a historical review of droughts and food insecurity events to enable future climate resilience, An Analysis of Working Capital Management Strategy in Small Enterprises Operating Within Group Purchasing Organizations, The relationship between credit policy and firms’ profitability: empirical evidence from Indian pharmaceutical sector, Working Capital Management, Macroeconomic Impacts, and Firm Profitability: Evidence from Indian SMEs, Corporate Governance Mechanism and Working capital Management:a study of Selected Listed Companies in Sri Lanka.
The data sample will include data for the period 2007–2017. The REEAP has been accepted for indexing in the Emerging Sources Citation Index, the new edition of Web of Science. Panel regression (fixed effects) was used on a sample of 563 Indian manufacturing firms involved in export activities, covering a time period from 2008 to 2018. This paper seeks to assess working capital management effect on Return on Equity (net income (EAITP)/Equity) of listed manufacturing firms on the Ghana Stock Exchange (GSE). This Study shows negative relationship of inventory turnover ratio with ROA excluding and including Revaluation which shows that with the inventory turnover the firm should increase its return on assets.
A literature gap exists, thus motivating the author to come up with a multiple correlation and regression model that uses current assets management to forecast changes in financial performance of deposit money banks in Nigeria.
Sample firms were segregated into manufacturing, trading and service groups, and regression models were used for all the groups to understand the effect of the nature of a firm's business. ... Also, a set of control variables which are generally regarded as important determinants of ROA were used in testing these relationships.