THE IMPACT OF WORKING CAPITAL MANAGEMENT POLICIES ON FIRMS’ PROFITABILITY AND VALUE IN JORDAN

Authors

  • Sufyan sami shams Finance and banking of sciences Department, Al-Turath University College, Iraq
  • Ibrahim khaleel Ibrahim Business Administration Department, Al-Turath University College, Iraq
  • Sarah Thamer NAffa Finance and banking of sciences Department, Al-Turath University College, Iraq

Keywords:

Working Capital Management Policies, Profitability, Market Value, ASE

Abstract

This study aimed to identify the impact of working capital management policies on profitability and value in industrial and services listed in ASE. The sample study consisted of (66) industrial and service companies listed in ASE through the period (2014-2020), the study followed the descriptive and analytical approach and the use of many statistical methods such as descriptive statistics and regression analysis

References

Nazir, M. and Afza, T. (2009). Impact of Aggressive Working Capital Management Policy on Firms Profitability. The IUP Journal of Applied Finance, Vol. 15, No. 8.

Otola, I. (2010). financial strategies of the company (2011). Equity Management, Strategy and Control, M. Grabowska, ed., 6-31.

Panigrahi, A. (2014). Understanding the Working Capital Financing Strategy (A Case Study of Lupin Limited). Journal of Management Research and Analysis, Vol. 1, No. 1.

Weinraub, H. & Visscher, S. (1998). Industry practice relating to aggressive conservative working capital policies. Journal of Financial and Strategic Decision, 11(2), 11-18.

Salawu, R. (2007). An Empirical Analysis of the Capital Structure of Selected Quoted Companies in Nigeria. The International Journal of Applied Economics and Finance, 1(1), 16-28.

Setiadharma S and Machali, M. (2017). The Effect of Asset Structure and Firm Size on Firm Value with Capital Structure as Intervening Variable, Journal of Business & Financial Affairs, 6(4), 1-5.

Goh, T. Henry, H. Erika, A. & Albert, E. (2022). Sales Growth and Firm Size Impact on Firm Value with ROA as a Moderating Variable, Management Scientific Journal, 12(1), 99-116.

Sagner, J. (2014). Working Capital Management: Applications and Case Studies. John Wiley & Sons.

Pai, R. and Kishore, B. (2014). Impact of Aggressive and Conservative Working Capital Management Policy on Firms Profitability. International Research Journal of Social Science and Management, 4(1), 105-110.

Issar, R. (2017). Market Capitalization and Firm Value: The Size Factor (Doctoral dissertation, Walden University).

Bandara, R. (2015). Impact of Working Capital Management Policy on Market Value Addition. Global Journal of Contemporary Research in Accounting, Auditing and Business Ethics (GJCRA), 1(2), 354-373.

Nguyen, A. & Pham, H. (2020). Impact of working capital management on firm's profitability: Empirical evidence from Vietnam. The Journal of Asian Finance, Economics and Business, 7(3), 115-125.

Samiloglu, F. and Akgün, A. (2016). The Relationship between Working Capital Management and Profitability: Evidence from Turkey. Business and Economics Research Journal, 7(2), 1-14.

Downloads

Published

2022-09-28

How to Cite

Sufyan sami shams, Ibrahim khaleel Ibrahim, & Sarah Thamer NAffa. (2022). THE IMPACT OF WORKING CAPITAL MANAGEMENT POLICIES ON FIRMS’ PROFITABILITY AND VALUE IN JORDAN. World Economics and Finance Bulletin, 14, 190-198. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/1408

Issue

Vol. 14 (2022): WEFB

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.