Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma

Firm’s performance is measured based on the accounting profitability which is used as a measurement of an effectiveness of the business operations. Working capital is a short-term investment or funds which used to ensure smooth firm’s operation. Working capital management (WCM) is important in order...

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Main Author: Johar, Noor Zarina
Format: Thesis
Language:English
Published: 2016
Subjects:
Online Access:http://eprints.utm.my/id/eprint/78303/1/NoorZarinaJoharMFM2016.pdf
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spelling my-utm-ep.783032018-08-12T03:49:05Z Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma 2016-09 Johar, Noor Zarina HD28 Management. Industrial Management Firm’s performance is measured based on the accounting profitability which is used as a measurement of an effectiveness of the business operations. Working capital is a short-term investment or funds which used to ensure smooth firm’s operation. Working capital management (WCM) is important in order to manage and control the working capital which includes the current asset and current liabilities. On the other hand, working capital management efficiency (WCME) refers to the level of the way working capital is managed in order to get the maximum profitability. However, a study that combines these two financial factors are still lacking. Therefore, this study is conducted to measure the relationship and impact between WCM and WCME on firm profitability by focusing on 140 firms in the industrial sector listed on the main board of Bursa Malaysia within year 2006 until 2012. Through the result of multiple regression analysis (MRA) and panel least squares analysis conducted on WCM and WCME a positive significant relationship with the firm’s profitability was found. As for WCM only interest coverage ratio (ICR) and current asset to total asset (CATAR) have shown significant positive influence on firm’s profitability. Meanwhile as for WCME, only performance index imposed positive influence on firm’s profitability. Therefore, an effective working capital management and working capital management efficiency must be upgraded by all firms in this sector in order to ensure their profitability is constantly increasing and secure for the long term. 2016-09 Thesis http://eprints.utm.my/id/eprint/78303/ http://eprints.utm.my/id/eprint/78303/1/NoorZarinaJoharMFM2016.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:95651 masters Universiti Teknologi Malaysia, Faculty of Management Faculty of Management
institution Universiti Teknologi Malaysia
collection UTM Institutional Repository
language English
topic HD28 Management
Industrial Management
spellingShingle HD28 Management
Industrial Management
Johar, Noor Zarina
Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
description Firm’s performance is measured based on the accounting profitability which is used as a measurement of an effectiveness of the business operations. Working capital is a short-term investment or funds which used to ensure smooth firm’s operation. Working capital management (WCM) is important in order to manage and control the working capital which includes the current asset and current liabilities. On the other hand, working capital management efficiency (WCME) refers to the level of the way working capital is managed in order to get the maximum profitability. However, a study that combines these two financial factors are still lacking. Therefore, this study is conducted to measure the relationship and impact between WCM and WCME on firm profitability by focusing on 140 firms in the industrial sector listed on the main board of Bursa Malaysia within year 2006 until 2012. Through the result of multiple regression analysis (MRA) and panel least squares analysis conducted on WCM and WCME a positive significant relationship with the firm’s profitability was found. As for WCM only interest coverage ratio (ICR) and current asset to total asset (CATAR) have shown significant positive influence on firm’s profitability. Meanwhile as for WCME, only performance index imposed positive influence on firm’s profitability. Therefore, an effective working capital management and working capital management efficiency must be upgraded by all firms in this sector in order to ensure their profitability is constantly increasing and secure for the long term.
format Thesis
qualification_level Master's degree
author Johar, Noor Zarina
author_facet Johar, Noor Zarina
author_sort Johar, Noor Zarina
title Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
title_short Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
title_full Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
title_fullStr Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
title_full_unstemmed Kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
title_sort kesan pengurusan dan kecekapan pengurusan modal kerja terhadap keuntungan firma
granting_institution Universiti Teknologi Malaysia, Faculty of Management
granting_department Faculty of Management
publishDate 2016
url http://eprints.utm.my/id/eprint/78303/1/NoorZarinaJoharMFM2016.pdf
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