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The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin

The purpose of this study is to determine the relationship between working capital management and firms’ profitability. This study is based on a sample of 30 service firms listed on Bursa Malaysia and the sample is divided into three categories consist of large-cap, mid-cap, and small-cap stocks. Th...

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Main Author: Nordin, Nurul Asyikin
Format: Student Project
Language:English
Published: 2017
Subjects:
Investment, capital formation, speculation
Online Access:https://ir.uitm.edu.my/id/eprint/108458/1/108458.pdf
https://ir.uitm.edu.my/id/eprint/108458/
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spelling my.uitm.ir.1084582025-02-22T15:51:52Z https://ir.uitm.edu.my/id/eprint/108458/ The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin Nordin, Nurul Asyikin Investment, capital formation, speculation The purpose of this study is to determine the relationship between working capital management and firms’ profitability. This study is based on a sample of 30 service firms listed on Bursa Malaysia and the sample is divided into three categories consist of large-cap, mid-cap, and small-cap stocks. This study covers a span of eight years from 2009 to 2016. A panel regression is used to test the hypotheses of this study by using Statistics/Data Analysis (STATA) software. The findings show that the large-cap and mid-cap stocks firms have negative relationship between cash conversion cycle and profitability, while small-cap stocks firms have positive relationship. The findings also show that all have negative relationships between accounts receivable period, inventory conversion period, and accounts payable period with the profitability, except for large-cap and small-cap stocks firms have positive relationship between the inventory conversion period and profitability. 2017 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/108458/1/108458.pdf The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin. (2017) [Student Project] (Submitted)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Investment, capital formation, speculation
spellingShingle Investment, capital formation, speculation
Nordin, Nurul Asyikin
The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin
description The purpose of this study is to determine the relationship between working capital management and firms’ profitability. This study is based on a sample of 30 service firms listed on Bursa Malaysia and the sample is divided into three categories consist of large-cap, mid-cap, and small-cap stocks. This study covers a span of eight years from 2009 to 2016. A panel regression is used to test the hypotheses of this study by using Statistics/Data Analysis (STATA) software. The findings show that the large-cap and mid-cap stocks firms have negative relationship between cash conversion cycle and profitability, while small-cap stocks firms have positive relationship. The findings also show that all have negative relationships between accounts receivable period, inventory conversion period, and accounts payable period with the profitability, except for large-cap and small-cap stocks firms have positive relationship between the inventory conversion period and profitability.
format Student Project
author Nordin, Nurul Asyikin
author_facet Nordin, Nurul Asyikin
author_sort Nordin, Nurul Asyikin
title The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin
title_short The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin
title_full The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin
title_fullStr The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin
title_full_unstemmed The relationship between working capital management and firms profitability in services industry: evidence in Malaysia / Nurul Asyikin Nordin
title_sort relationship between working capital management and firms profitability in services industry: evidence in malaysia / nurul asyikin nordin
publishDate 2017
url https://ir.uitm.edu.my/id/eprint/108458/1/108458.pdf
https://ir.uitm.edu.my/id/eprint/108458/
_version_ 1825165098656727040
score 13.244413

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