Working capital management antecedants impact on firm specific factors: a ten year review of Karachi stock exchange
|Published in:||International Letters of Social and Humanistic Sciences|
|Year of Publication:||2015|
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|Publication Type:||Article, Chapter, etc., Electronic|
The study aims of investigate relationship of working capital antecedents and profitability of the company. Seven variables are taken as proxy variable to measure working capital and its management. Population of the study is based on Karachi stock exchange listed companies. The sample of study is manufacturing sector of Pakistan. Thus, sample period contains on the ten years from (2005-2014). All variables have sound reliability and data is normally distributed. Therefore, correlation and regression analyses are applied. Hence, study revealed significant relationship of working capital management and profitability.