The Role of Financial Constraints in the Relationship Between Working Capital Management and Firm Performance.
Material type: TextDescription: 60-82. pSubject(s): In: MURTHY, E N APPLIED FINANCESummary: The main objective of this paper is to investigate the relationship between working capital management and firm performance of Indian firms for the period 2008 to 2016. The study also captures the role of financial constraints in defining the above relationship. The result indicates a significant negative association of net trade cycle, number of accounts receivables in days and number of inventory days on the financial performance of Indian firms while a positive relationship was found with number of accounts payables in days. Inclusion of financial constraints for studying the relation between working capital and firm performance gives mixed resultsItem type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
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Journal Article | Main Library | Vol 25, No 1/ 5559900JA4 (Browse shelf(Opens below)) | Available | 5559900JA4 | |||||
Journals and Periodicals | Main Library On Display | JOURNAL/FIN/Vol 25, No 1/5559900 (Browse shelf(Opens below)) | Vol 25, No 1 (01/01/2019) | Not for loan | January, 2019 | 5559900 |
The main objective of this paper is to investigate the relationship between working capital management and firm performance of Indian firms for the period 2008 to 2016. The study also captures the role of financial constraints in defining the above relationship. The result indicates a significant negative association of net trade cycle, number of accounts receivables in days and number of inventory days on the financial performance of Indian firms while a positive relationship was found with number of accounts payables in days. Inclusion of financial constraints for studying the relation between working capital and firm performance gives mixed results
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