Working Capital Management and Company Performance: The Empirical Study on Consumer Goods Industry listed in Indonesia Stock Exchange
Consumer goods industry in Indonesia is one of the rising stars. In line with the economic growth, consumer goods as one of the business that support economic growth in Indonesia, the chance that it will keep raising is very high as the population and consumption grows. Along to make this breakneck...
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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| _version_ | 1826047633113743360 |
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| author | , HERKRISTI KUSUMANINGTYAS , Prof. Dr. Tandelilin Eduardus, M.B.A |
| author_facet | , HERKRISTI KUSUMANINGTYAS , Prof. Dr. Tandelilin Eduardus, M.B.A |
| author_sort | , HERKRISTI KUSUMANINGTYAS |
| collection | UGM |
| description | Consumer goods industry in Indonesia is one of the rising stars. In line
with the economic growth, consumer goods as one of the business that support
economic growth in Indonesia, the chance that it will keep raising is very high as
the population and consumption grows. Along to make this breakneck growth
possible and profitable, they have aggressively built nation scale along every part
of the value chain. Working capital management is considered as critical element
for the company performance to define the organizations� performance while
conducting day-to-day operations.
This research is expected to delineate how significant is the influence of
working capital management in consumer goods industry�s company performance
and how was the working capital management has been conducted in consumer
goods industry in Indonesia. The study took the data from the annual reports of 26
companies in related industry during the year 2007-2012. Using four models to
measure the effect of working capital management on profitability, the result
shows that in general working capital management has significant impact on
company�s profitability. However, the way it worked in Indonesia�s consumer
goods industry is different with that in the theories. Collection period and
inventory turnover show a significant positive relationship with operating
profitability, while payment period has no significant influence on profitability.
These anomalies have made cash conversion cycle ineffective in affecting
companies� profitability. |
| first_indexed | 2024-03-13T23:13:59Z |
| format | Thesis |
| id | oai:generic.eprints.org:126466 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T23:13:59Z |
| publishDate | 2013 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:1264662016-03-04T08:38:34Z https://repository.ugm.ac.id/126466/ Working Capital Management and Company Performance: The Empirical Study on Consumer Goods Industry listed in Indonesia Stock Exchange , HERKRISTI KUSUMANINGTYAS , Prof. Dr. Tandelilin Eduardus, M.B.A ETD Consumer goods industry in Indonesia is one of the rising stars. In line with the economic growth, consumer goods as one of the business that support economic growth in Indonesia, the chance that it will keep raising is very high as the population and consumption grows. Along to make this breakneck growth possible and profitable, they have aggressively built nation scale along every part of the value chain. Working capital management is considered as critical element for the company performance to define the organizations� performance while conducting day-to-day operations. This research is expected to delineate how significant is the influence of working capital management in consumer goods industry�s company performance and how was the working capital management has been conducted in consumer goods industry in Indonesia. The study took the data from the annual reports of 26 companies in related industry during the year 2007-2012. Using four models to measure the effect of working capital management on profitability, the result shows that in general working capital management has significant impact on company�s profitability. However, the way it worked in Indonesia�s consumer goods industry is different with that in the theories. Collection period and inventory turnover show a significant positive relationship with operating profitability, while payment period has no significant influence on profitability. These anomalies have made cash conversion cycle ineffective in affecting companies� profitability. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , HERKRISTI KUSUMANINGTYAS and , Prof. Dr. Tandelilin Eduardus, M.B.A (2013) Working Capital Management and Company Performance: The Empirical Study on Consumer Goods Industry listed in Indonesia Stock Exchange. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=66689 |
| spellingShingle | ETD , HERKRISTI KUSUMANINGTYAS , Prof. Dr. Tandelilin Eduardus, M.B.A Working Capital Management and Company Performance: The Empirical Study on Consumer Goods Industry listed in Indonesia Stock Exchange |
| title | Working Capital Management and Company
Performance: The Empirical Study on
Consumer Goods Industry listed in Indonesia
Stock Exchange |
| title_full | Working Capital Management and Company
Performance: The Empirical Study on
Consumer Goods Industry listed in Indonesia
Stock Exchange |
| title_fullStr | Working Capital Management and Company
Performance: The Empirical Study on
Consumer Goods Industry listed in Indonesia
Stock Exchange |
| title_full_unstemmed | Working Capital Management and Company
Performance: The Empirical Study on
Consumer Goods Industry listed in Indonesia
Stock Exchange |
| title_short | Working Capital Management and Company
Performance: The Empirical Study on
Consumer Goods Industry listed in Indonesia
Stock Exchange |
| title_sort | working capital management and company performance the empirical study on consumer goods industry listed in indonesia stock exchange |
| topic | ETD |
| work_keys_str_mv | AT herkristikusumaningtyas workingcapitalmanagementandcompanyperformancetheempiricalstudyonconsumergoodsindustrylistedinindonesiastockexchange AT profdrtandelilineduardusmba workingcapitalmanagementandcompanyperformancetheempiricalstudyonconsumergoodsindustrylistedinindonesiastockexchange |