The effect of Working capital management on firm’s profitability: Evidence from Malaysia
This article studies the impact of working capital management (WCM) on firm profitability (FP) in Malaysia. The study uses the Panel data regression analysis method using a sample of 20 firms for a period of six years (120 observations) listed on Bursa Malaysia from 2015 to 2020. First, the study fo...
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| Main Author: | |
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| Format: | Thesis |
| Language: | eng eng |
| Published: |
2022
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| Subjects: | |
| Online Access: | https://etd.uum.edu.my/11104/1/Depositpermission_s827926.pdf https://etd.uum.edu.my/11104/2/s827926_01.pdf |
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| Summary: | This article studies the impact of working capital management (WCM) on firm profitability (FP) in Malaysia. The study uses the Panel data regression analysis method using a sample of 20 firms for a period of six years (120 observations) listed on Bursa Malaysia from 2015 to 2020. First, the study found that Days sales outstanding, Current ratio and quick ratio had positive impacts on the firm profitability (FP). However, Days sales inventory and Days payable outstanding has negative impact on firm’s profitability. These research results contribute managerial contributions for firms in efficiently using capital when considering its investment policy. |
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