Do Working Capital Decision and Efficiency of Working Capital Management Contribute to the Profitability? Evidence from Bangladesh
نویسندگان
چکیده
This study attempts to explore how working capital decision, that is, aggressive investment and finance decision efficiency of the management (WCM) contribute profitability operationalised by gross operating profit (GOP) return on assets listed manufacturing firms in Bangladesh. To investigate this relationship, has taken into consideration 468 sample observations from 108 covering year 2013 2017. finds significantly firm. Besides, WCM significant impact profitability. In addition, constructs WCM—that days inventory outstanding, sales outstanding—has negative Unfortunately, no payables outstanding firm’s
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ژورنال
عنوان ژورنال: Asia-Pacific Journal of Management Research and Innovation
سال: 2021
ISSN: ['2321-0729', '2319-510X']
DOI: https://doi.org/10.1177/2319510x211047368