Factors affecting working capital management of small and medium enterprises in Malaysia

Small and medium enterprises (SMEs) in Malaysia are considered as the driving force of the nation’s economic growth due to their huge contribution to gross domestic product (GDP). To ensure the contribution sustain, SMEs can maintain their operation with good working capital management (WCM). A posi...

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Main Authors: Mohd Tahir, Hirnissa, Mohd Ashhari, Zariyawati
Format: Article
Language:English
Published: Universiti Teknologi MARA 2020
Online Access:http://psasir.upm.edu.my/id/eprint/88961/1/Factors%20affecting%20working%20capital%20management%20.pdf
http://psasir.upm.edu.my/id/eprint/88961/
https://ir.uitm.edu.my/id/eprint/43924/1/43924.pdf
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spelling my.upm.eprints.889612021-11-01T23:38:10Z http://psasir.upm.edu.my/id/eprint/88961/ Factors affecting working capital management of small and medium enterprises in Malaysia Mohd Tahir, Hirnissa Mohd Ashhari, Zariyawati Small and medium enterprises (SMEs) in Malaysia are considered as the driving force of the nation’s economic growth due to their huge contribution to gross domestic product (GDP). To ensure the contribution sustain, SMEs can maintain their operation with good working capital management (WCM). A positive creation of a firm values can be contributed by a well designed and implemented WCM. The objective of the study is to investigate the factor affecting WCM of SMEs in Malaysia for the period 2010-2013 using panel data analysis. The results indicate that profitability, debt ratio, firm size, and industry types were significantly related to firm’s WCM. However, there is lack of evidence to significantly relate sales growth and gross domestic product with firm’s WCM. Universiti Teknologi MARA 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88961/1/Factors%20affecting%20working%20capital%20management%20.pdf Mohd Tahir, Hirnissa and Mohd Ashhari, Zariyawati (2020) Factors affecting working capital management of small and medium enterprises in Malaysia. ASEAN Entrepreneurship Journal, 6 (1). pp. 1-7. ISSN 2637-0301 https://ir.uitm.edu.my/id/eprint/43924/1/43924.pdf
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Small and medium enterprises (SMEs) in Malaysia are considered as the driving force of the nation’s economic growth due to their huge contribution to gross domestic product (GDP). To ensure the contribution sustain, SMEs can maintain their operation with good working capital management (WCM). A positive creation of a firm values can be contributed by a well designed and implemented WCM. The objective of the study is to investigate the factor affecting WCM of SMEs in Malaysia for the period 2010-2013 using panel data analysis. The results indicate that profitability, debt ratio, firm size, and industry types were significantly related to firm’s WCM. However, there is lack of evidence to significantly relate sales growth and gross domestic product with firm’s WCM.
format Article
author Mohd Tahir, Hirnissa
Mohd Ashhari, Zariyawati
spellingShingle Mohd Tahir, Hirnissa
Mohd Ashhari, Zariyawati
Factors affecting working capital management of small and medium enterprises in Malaysia
author_facet Mohd Tahir, Hirnissa
Mohd Ashhari, Zariyawati
author_sort Mohd Tahir, Hirnissa
title Factors affecting working capital management of small and medium enterprises in Malaysia
title_short Factors affecting working capital management of small and medium enterprises in Malaysia
title_full Factors affecting working capital management of small and medium enterprises in Malaysia
title_fullStr Factors affecting working capital management of small and medium enterprises in Malaysia
title_full_unstemmed Factors affecting working capital management of small and medium enterprises in Malaysia
title_sort factors affecting working capital management of small and medium enterprises in malaysia
publisher Universiti Teknologi MARA
publishDate 2020
url http://psasir.upm.edu.my/id/eprint/88961/1/Factors%20affecting%20working%20capital%20management%20.pdf
http://psasir.upm.edu.my/id/eprint/88961/
https://ir.uitm.edu.my/id/eprint/43924/1/43924.pdf
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score 13.211869