Working capital management and shareholders' wealth creation: evidence from non-financial firms listed on the Johannesburg Stock Exchange

Working capital management and shareholders' wealth creation: evidence from non-financial firms listed on the Johannesburg Stock Exchange

Working capital plays a vital role in shareholders’ wealth creation, yet there is a dearth of empirical studies on the relationship between working capital management and firm value in the South African economic environment. This study attempts to fill this gap by using Richards and Laughlin’s (1980...

Full description

Bibliographic Details
Main Authors: Emmanuel Kojo Oseifuah, Agyapong Gyekye
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2017-03-01
Series:Investment Management & Financial Innovations
Subjects:
firm value
Johannesburg Stock Exchange
market capitalization
shareholder wealth creation
working capital management
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/8226/imfi_2017_01_Oseifuah.pdf

Similar Items

Similar Items