The effect of working capital management on firms' profitability in Malaysia
This study investigates the relationship between working capital management and firms’ profitability in Malaysia. It examines the components in working capital such as days’ accounts payable, days’ accounts receivables, days’ inventory held and cash conversion cycle in relation to return on asset (R...
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2014
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| 在线阅读: | https://etd.uum.edu.my/4173/1/s812376.pdf https://etd.uum.edu.my/4173/2/s812376_abstract.pdf |
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Universiti Utara Malaysia |
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UUM ETD |
| language |
eng eng |
| advisor |
Ahmad, Norafifah |
| topic |
HG Finance |
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HG Finance Nadzrah, Abdullah The effect of working capital management on firms' profitability in Malaysia |
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This study investigates the relationship between working capital management and firms’ profitability in Malaysia. It examines the components in working capital such as days’ accounts payable, days’ accounts receivables, days’ inventory held and cash conversion cycle in relation to return on asset (ROA). In general, this study contributes to the scarce of literature in this area in Malaysia by providing empirical evidences. Data were obtained from DataStream for two sectors in Malaysia. The sectors chosen are construction & material, and food producer sector. The time period for this study covers from year 2008 to 2012. Finding show working capital management affects firms’ profitability. In construction and material sector, ROA has negative relationship with days’ accounts receivable and
days’ inventory held, but positive relationship with days’ accounts payable. In food producer sector, ROA has negative relationship with days’ accounts receivable and payable but negative relationship with days’ inventory held. In both
sectors, cash conversion cycles are negatively associated with firm profitability. It indicates that longer duration of cash conversion cycle will decreases firm’s profitability |
| format |
Thesis |
| qualification_name |
masters |
| qualification_level |
Master's degree |
| author |
Nadzrah, Abdullah |
| author_facet |
Nadzrah, Abdullah |
| author_sort |
Nadzrah, Abdullah |
| title |
The effect of working capital management on firms' profitability in Malaysia |
| title_short |
The effect of working capital management on firms' profitability in Malaysia |
| title_full |
The effect of working capital management on firms' profitability in Malaysia |
| title_fullStr |
The effect of working capital management on firms' profitability in Malaysia |
| title_full_unstemmed |
The effect of working capital management on firms' profitability in Malaysia |
| title_sort |
effect of working capital management on firms' profitability in malaysia |
| granting_institution |
Universiti Utara Malaysia |
| granting_department |
Othman Yeop Abdullah Graduate School of Business |
| publishDate |
2014 |
| url |
https://etd.uum.edu.my/4173/1/s812376.pdf https://etd.uum.edu.my/4173/2/s812376_abstract.pdf |
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1747827693248839680 |
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my-uum-etd.41732022-08-03T02:04:13Z The effect of working capital management on firms' profitability in Malaysia 2014-07 Nadzrah, Abdullah Ahmad, Norafifah Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance This study investigates the relationship between working capital management and firms’ profitability in Malaysia. It examines the components in working capital such as days’ accounts payable, days’ accounts receivables, days’ inventory held and cash conversion cycle in relation to return on asset (ROA). In general, this study contributes to the scarce of literature in this area in Malaysia by providing empirical evidences. Data were obtained from DataStream for two sectors in Malaysia. The sectors chosen are construction & material, and food producer sector. The time period for this study covers from year 2008 to 2012. Finding show working capital management affects firms’ profitability. In construction and material sector, ROA has negative relationship with days’ accounts receivable and days’ inventory held, but positive relationship with days’ accounts payable. In food producer sector, ROA has negative relationship with days’ accounts receivable and payable but negative relationship with days’ inventory held. In both sectors, cash conversion cycles are negatively associated with firm profitability. It indicates that longer duration of cash conversion cycle will decreases firm’s profitability 2014-07 Thesis https://etd.uum.edu.my/4173/ https://etd.uum.edu.my/4173/1/s812376.pdf text eng public https://etd.uum.edu.my/4173/2/s812376_abstract.pdf text eng public masters masters Universiti Utara Malaysia Appuhami, B. R. (2008). The impact of firms' capital expenditure on working capital management : An empirical study across industries in Thailand. International Management Review, 11-24. Bagchi, B., & Khamrui, B. (2012). 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