Search Results - subject_exact:"Working capital"

Evidence-based analysis of asset profitability drivers in the automotive sector

Dinca, Marius Sorin; Akomeah, Frank - 2026

This study investigates the key determinants of firm profitability in the global automotive sector, examining whether superior returns on assets (ROA) stem from operational efficiency, strategic leverage, or innovation intensity, and highlighting the potential trade-off between efficiency and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015653558

Vulnerability within the Czech automotive supply chain

Toušek, Zdeněk; Hinke, Jana; Gregor, Barbora; Prokop, … - 2025

This study aims to explore the vulnerability within the Czech automotive supply chain. To explore the vulnerability, analyses based on the comparison of both monetary and time-based characteristics, namely profitability, cash flow ratio, indebtedness, and cash conversion cycle, respectively,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015410398

The role of the working capital structure in financing innovation : evidence from the Eastern European countries

Flah, Ines Ben; Lajmi, Azhaar - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609326

Is the working capital channel of the monetary policy quantitatively relevant? : a structural estimation approach

Gil, Hamilton Galindo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015610133

Working capital and performance : Europe's challenge to crises

Zanolla, Ercilio; Pimentel, Pedro; Couto, Gualter - 2024

This paper explores the relationship between working capital management (WCM) strategies and business performance during the COVID-19 crisis. Data from 1,067 non-financial European firms from 33 countries distributed across 6 economic sectors in the period from 2015 to 2021, feed Ordinary Least...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015098680

Private equity buyouts & firm exporting in crisis periods : exploring a new channel

Lavery, Paul; Spaliara, Marina-Eliza; Görg, Holger - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015440601

Show one more version 1

Private equity buyouts & firm exporting in crisis periods : exploring a new channel

Lavery, Paul; Spaliara, Marina-Eliza; Görg, Holger - 2024

Book / Working Paper

Working capital : development of the field through scientific mapping : an updated review

Mirón Sanguino, Ángel-Sabino; Crespo-Cebada, Eva; … - 2024

Throughout history, the analysis of companies' financial structure has been approached from different angles, with different areas of the overall financial situation being separated and studied independently in order to improve understanding. Within the framework of short-cycle analysis and,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014526976

The interrelationship of working capital : the role of financial bootstrapping and government support

Rita, Maria; Supramono; Damayanti, Theresia Woro; … - 2024

This study aims to investigate the effects of financial bootstrapping and government support on working capital, as well as the moderating role of entrepreneurial orientation towards the impact of working capital on financial performance. The study was conducted on 260 MSME owners in the food...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014496623

An inquiry into the effect of working capital management on firm performance using a combined approach of bibliometric and thematic analysis

Bhatt, Amola; Mehta, Bhoomi; Raval, Avani; Joshi, Nisarg - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015607951

Firm-level and aggregate effects of cheaper liquidity: evidence from factoring

Orestes, Victor; Silva, Thiago Christiano; Zhang, Henry - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015597116

Efeito do programa BNDES giro no nível de emprego de firmas de micro, pequeno e médio porte

da Silva, Napoleão Luiz Costa; Saccaro, Alice; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015619302

Managing the components of working capital in terms of economic recession : a synergistic effect on the financial and economic standing of a company

Iershova, Natalia Y.; Portna, Oksana V.; Mahdysiuk, … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614233

Efeito do programa BNDES giro no nível de emprego de firmas de micro, pequeno e médio porte

Silva, Napoleão Luiz Costa da; Saccaro, Alice; … - 2026

The Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is a federal public company that provides long-term financing and investments in all segments of the Brazilian economy. Among its various development programs and employment policies is the BNDES Giro program, which was in force...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614376

An assessment of liquidity, profitability and working capital management strategy in Polish manufacturing companies in the pressure-casting industry during the crisis

Zimon, Grzegorz; Habib, Ahmed Mohamed; Tarighi, Hossein; … - 2026

This study assesses liquidity, profitability, and working capital management (WCM) strategy in Polish manufacturing companies in the pressure-casting industry, drawing on evidence from the pre-COVID-19, COVID-19, and Russia-Ukraine war periods. Using panel data from 19 companies representing 90%...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015656268

Seasonal variation in cash flows and the timing role of accruals

Kapons, Martin; Veenman, David - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651921

Unraveling the influence of ESG performance on working capital management : an empirical analysis of a global panel dataset

Yilmaz, Ilker - 2026

This study investigates the impact of environmental, social, and governance (ESG) practices on working capital management (WCM) with a global sample of nonfinancial firms from 2004 to 2023. We hypothesize that ESG performance has a positive impact on WCM. Using a sample of 8350 firms in 73...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015664920

Elasticity of money in production networks, working capital, credit lines and financial conditions

Banerjee, Ryan; Shin, Hyun Song; Vidal Pastor, Jose Maria - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668344

Wine companies' profitability in the old world : working capital's impact

Candeias, Teresa; Dias, Diana - 2023

The purpose-The aim of this paper is to explain the relationship between working capital and profitability in the context of the wine industry. Design/methodology/approach-Artificial neural networks were used to analyze the relationship between working capital management and the profitability of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014370494

Firm value and working capital decisions : further evidence from an emerging market

Bilgin, Rumeysa; Turan, Sema - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015409205

The dynamic interplay between working capital management and profitability : empirical insights from European markets

Hágen, István; Ahmed, Amanj Mohamed - 2025

This study aims to investigate the effect of working capital management on the profitability of manufacturing firms in Europe. To achieve the purpose of this research, we used a multiple regression approach on a balanced panel dataset of 39 European manufacturing firms listed on the Frankfurt...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654656

Revealing the secrets of working capital : a comparison between sharia-compliant and conventional firms

Kayani, Umar Nawaz; Iqbal, Umer; Aysan, Ahmet Faruk; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015413337

Growth, working capital and refinancing : the geography of post-pandemic regional financial resilience in UK SMEs

Cowling, Marc; Brown, Ross; Liu, Weixi; Yang, Huan - 2025

Understanding how small firms adapt and adjust financially following exogenous shocks is crucial and acts as a harbinger of regional financial resilience levels. Therefore, it is important to determine what shape firms are in as they emerge from a shock such as the Covid-19 pandemic,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015439460

From chain to capital : supply chain risks and working capital management

Nhan Huynh; Quynh Nga Le - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015459677

Tying the knot : linking bootstrapping and working capital management in established enterprises

Fitzsimons, Margaret; Hogan, Teresa; Hayden, Michael Thomas - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611932

Macroeconomic determinants and working capital credit for micro-enterprises : evidence from Poland

Karaś, Dariusz; Zając, Adam; Wielechowski, Michał - 2025

This paper investigates the macroeconomic determinants influencing the demand and value of working capital loans among micro-enterprises across five economic sectors in Poland. The main aim is to understand how various economic conditions affect the borrowing behaviour of micro-enterprises...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613482

AI-driven insights into working capital strategies : an application on Borsa Istanbul

Akdogan, Yunus Emre - 2025

This study employs machine learning and explainable artificial intelligence to examine the impact of working capital strategies - aggressive, moderate, and conservative - on Tobin's Q and EBITDA (earnings before interest, taxes, depreciation, and amortization), identifying key financial...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015551379

Unlocking growth : determinants of supply chain finance in African markets

2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558268

The impact of working capital management and credit management policies on Kosovo bank's financial performance

Caka, Elvira; Imeraj, Juliana; Gjonlleshaj, Gjon; … - 2025

The purpose of the study is to examine the impact of working capital management and credit man- agement policies on the financial performance of banks in Kosovo. It is based on panel data obtained from the financial statements of commercial banks for the period of 2013-2022. The data is analyzed...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015591493

Resilience in cyclicality : impact of inventory management efficiency on operational profitability

Yeboah, Samuel; Kjærland, Frode; Kustec, Irena - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015376865

Linking working capital efficiency to profit maximisation : a conceptual analysis

Islam, Iqbal Md Mazharul - 2025

The survival of a company is highly dependent on the management of its working capital. Effective working capital management can lead to greater profitability. Insufficient working capital or liquidity shortages can severely hinder profitability and operational sustainability. The primary...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015402831

Working capital efficiency and capital structure decisions in Egypt : the effect of foreign currency exchange risk exposure under IAS 21

Mansour, Karim - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015402907

Optimal monetary policy in the open economy with labor market frictions

Kim, Cholwoo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668383

Exploring the impact of working capital management practices on small and medium enterprises profitability in the Windhoek Central Business District

Kamotho, Daniel W.; Hameva, Innocentia B. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015329013

Financing patterns of working capital and physical investment : their effects on innovation and productivity

Tomàs-Porres, Josep; Segarra Blasco, Agustí; Teruel, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015592553

Working capital management : evidence from gender differences

Behera, Meera; Burns, Natasha; Minnick, Kristina - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015554038

The impact of assets structure and the components of cash conversion cycle on the Egyptian SMEs financial failure predictability

El-Sady, Hassan Mounir; Ahmed, Hatem; Hamdy, Hosny - 2022

This study investigates determinants of Egyptian SMEs financial failure predictability based on a sample of 32 failure SMEs and 28 non-failure SMEs for the period 2013 and 2019. The determinants of SMEs financial failure are categorized into four groups; Working Capital, Asset Structure,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012990136

Does halo effect of innovative firms moderate the impact of working capital efficiency on firm value? : evidence from India

Kundu, Sayantan; Quddus, Kamran; Sharma, Nistala Jagannath - 2022

The purpose of this study is to examine whether perceived innovativeness moderates the relationship between working capital management (WCM) and firm value. The study uses a sample of 200 listed Indian firms for 2015-2019. The firms are classified into innovative and non-innovative categories...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013459417

Working capital management and shareholder's wealth creation : evidence from manufacturing companies listed in Oman

Panigrahi, Shrikant; Al Farsi, Maryam Juma; … - 2022

Working capital management (WCM) is a key factor in the success of manufacturing companies when credit is restricted, as is the case in the current climate caused by the COVID-19 crisis. The main purpose of this paper is to investigate the relationship between working capital management,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013459912

Show one more version 1

Working Capital Management and Shareholder’s Wealth Creation : Evidence from Manufacturing Companies Listed in Oman

Panigrahi, Shrikant - 2023

Book / Working Paper

The Impact of Covid-19 lockdown on working capital management and profitability of firms : a case study of Lesley Bakers PVT LTD

Wadesango, Ongayi Vongayi; Jones, Victor; Sitsha, Lovemore - 2022

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013435324

Working capital management efficiency : a study of certified firms from the EFQM Excellence Model

Yousaf, Muhammad - 2022

Working capital management (WCM) plays an important role in a firm's value, financial risk, and firm profitability. WCM requires continuous management to maintain a certain level of the numerous components of working capital (WC). The main aim of this study is to estimate the efficiency of WCM...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013368201

Show one more version 1

Working capital management efficiency: A study of certified firms from the EFQM Excellence Model

Yousaf, Muhammad - 2022

Article

Working capital and performance: Europe's challenge to crises

Zanolla, Ercilio; Pimentel, Pedro; Couto, Gualter - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015401736

Working capital: Development of the field through scientific mapping. An updated review

Mirón Sanguino, Ángel-Sabino; Crespo-Cebada, Eva; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015424578

The interrelationship of working capital: The role of financial bootstrapping and government support

Rita, Maria; Damayanti, Theresia Woro; Nastiti, … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015471806

Private equity buyouts & firm exporting in crisis periods: Exploring a new channel

Lavery, Paul; Spaliara, Marina-Eliza; Görg, Holger - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015130461

The effects of working capital management on the financial performance of commercial and service firms listed on the Nairobi securities exchange in Kenya

Wanzala, Richard Wamalwa; Obokoh, Lawrence Ogechukwu - 2024

Working capital management is critical because it affects a company's profitability, liquidity, and investment decisions, all of which have an impact on financial performance. As a result, effective and efficient working capital management is an essential component for commercial and service...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015063691

Evaluating the impact of export finance support on firm-level export performance : evidence from Pakistan

Defever, Fabrice; Riaño, Alejandro; Varela, Gonzalo - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015055643

Navigating financial performance of the MENA region energy sector : the interplay of working capital and leverage

El-Gayar, Ahmed; Serag, Sameh; Metawa, Noura - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014583823

CFO demographics and working capital management in China

Hu, Qida; Bhuiyan, Md. Borhan Uddin; Houqe, Muhammad - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014633182

Working capital management and firm performance : a comparative analysis of developed and emerging economies

Kiymaz, Halil; Haque, Samina; Choudhury, Ahmed Abir - 2024

The literature on working capital management (WCM) provides mixed evidence on the effect of working capital on firm profitability and performance. We use firms from developed and emerging economies to explore how working capital and its components relate to firms' performance while controlling...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014635356

The impact of firm risk and the COVID-19 crisis on working capital management strategies : evidence from a market affected by economic uncertainty

Tarighi, Hossein; Zimon, Grzegorz; Sheikh, Mohammad Javad; … - 2024

The present study aims to investigate the impact of the COVID-19 crisis and firm risk on working capital management policies among manufacturing firms listed on the Tehran Stock Exchange (TSE). The study sample consists of 1200 observations and 200 companies listed on the TSE over a six-year...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014636375