Determinants of working capital management: Evidence from Malaysia

Author

Zariyawati, M.A. ; Taufiq, H. ; Annuar, M.N. ; Sazali, A.

Author_Institution

Dept. of Accounting & Finance, Univ. Putra Malaysia, Serdang, Malaysia

fYear

2010

fDate

18-20 June 2010

Firstpage

190

Lastpage

194

Abstract

Working capital management is a part in firm´s financial decision. Inefficient in managing it consequently affect firm value. Managers should consider all factors that affect working capital management. Therefore, this study investigates the determinants of working capital management of listed firms in Malaysia for the period 2000-2006. Cash conversion cycle is used as comprehensive measure of working capital management. Results indicate that firm size, debt ratio, growth of the company, economic growth and inflation associates with firm´s working capital management.

Keywords

financial management; inflation (monetary); organisational aspects; Malaysia; cash conversion cycle; company growth; debt ratio; economic growth; financial decision; firm size; inflation; working capital management; Conference management; Costs; Decision making; Economic indicators; Engineering management; Finance; Financial management; Investments; Length measurement; Macroeconomics; And Panel Analysis; Cash Conversion Cycle; Working Capital Management;

fLanguage

English

Publisher

ieee

Conference_Titel

Financial Theory and Engineering (ICFTE), 2010 International Conference on

Conference_Location

Dubai

Print_ISBN

978-1-4244-7757-9

Electronic_ISBN

978-1-4244-7759-3

Type

conf

DOI

10.1109/ICFTE.2010.5499399

Filename

5499399