Author/Authors
AYGÜN, Mehmet Yüzüncü Yıl Üniversitesi - İktisadi ve İdari Bilimler Fakültesi - İşletme Bölümü, Turkey
Title Of Article
The Effect of Working Capital on Firm Performance: An Examination on Turkish Manufacturing Sectors
شماره ركورد
44335
Abstract
Today, an effective working capital management which is used for maximazing market value of firms is critically important. Therefore, business executives spend a lot of time on the management of working capital. Consequently working capital has a big role in firms’ financial success or failure. In the study, the data set of 107 manufacturing industries effecting transactions in ISE over the period 2000-2009 is used. In order to determine the relationship between the dependent variable (ROA) and independent variables (AOTS, STS and BOS, correlation and regression analysis is performed. According to the results, a reverse negative relationship is found between dependent variable and independent variables. These findings are extensively consistent with the literature.
From Page
215
NaturalLanguageKeyword
Working capital , cash conversion cycle , account receivables , inventories , firm performance
JournalTitle
Ege Academic Review (EAR)
To Page
223
JournalTitle
Ege Academic Review (EAR)
Link To Document