Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.]
This research paper investigated the working capital management (WCM) performance of 252 firms listed on Bursa Malaysia and identifed practices and policiesfor WCM to enhance efficiency in cash flow from operations. It also determined whether the size, profitability, inventory, and the current asset...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Research Management Institute (RMI)
2012
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/13100/1/AJ_ABU%20THAHIR%20ABDUL%20NASSER%20SMRJ%2012%201.pdf |
| _version_ | 1796899836720578560 |
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| author | Abdul Nasser, Abu Thahir Samat, Omar Ibrahim, Zin Abdul Wahid, Emelin Amiruddin Othman, Ahmad Marzuki |
| author_facet | Abdul Nasser, Abu Thahir Samat, Omar Ibrahim, Zin Abdul Wahid, Emelin Amiruddin Othman, Ahmad Marzuki |
| author_sort | Abdul Nasser, Abu Thahir |
| collection | UITM |
| description | This research paper investigated the working capital management (WCM) performance of 252 firms listed on Bursa Malaysia and identifed practices and policiesfor WCM to enhance efficiency in cash flow from operations. It also determined whether the size, profitability, inventory, and the current assets financing policy could enhance the WCM performance. The variables were 'Cash Conversion Efficiency' (CCE), afinancial performance measure, and 'Overall Working Capital Performance Ranking', a non-financial performance indicator. The findings revealed that the inventory, size, and profitability had significantly influenced the WCM performance. It was also identified that there was a mild positive relationship between the
aggressive methodofworking capital financing and the CCE; and the ideal WCM practices and working capital (WC)financing policies to be adopted in firms to maximise the wealth ofthe shareholders. |
| first_indexed | 2024-03-06T01:26:48Z |
| format | Article |
| id | oai:ir.uitm.edu.my:13100 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T01:26:48Z |
| publishDate | 2012 |
| publisher | Research Management Institute (RMI) |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:131002016-06-30T06:29:33Z https://ir.uitm.edu.my/id/eprint/13100/ Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] smrj Abdul Nasser, Abu Thahir Samat, Omar Ibrahim, Zin Abdul Wahid, Emelin Amiruddin Othman, Ahmad Marzuki Working capital Malaysia This research paper investigated the working capital management (WCM) performance of 252 firms listed on Bursa Malaysia and identifed practices and policiesfor WCM to enhance efficiency in cash flow from operations. It also determined whether the size, profitability, inventory, and the current assets financing policy could enhance the WCM performance. The variables were 'Cash Conversion Efficiency' (CCE), afinancial performance measure, and 'Overall Working Capital Performance Ranking', a non-financial performance indicator. The findings revealed that the inventory, size, and profitability had significantly influenced the WCM performance. It was also identified that there was a mild positive relationship between the aggressive methodofworking capital financing and the CCE; and the ideal WCM practices and working capital (WC)financing policies to be adopted in firms to maximise the wealth ofthe shareholders. Research Management Institute (RMI) 2012 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/13100/1/AJ_ABU%20THAHIR%20ABDUL%20NASSER%20SMRJ%2012%201.pdf Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.]. (2012) Social and Management Research Journal (SMRJ) <https://ir.uitm.edu.my/view/publication/Social_and_Management_Research_Journal_=28SMRJ=29/>, 9 (1). pp. 73-100. ISSN 1675-7017 https://smrj.uitm.edu.my/ |
| spellingShingle | Working capital Malaysia Abdul Nasser, Abu Thahir Samat, Omar Ibrahim, Zin Abdul Wahid, Emelin Amiruddin Othman, Ahmad Marzuki Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] |
| title | Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] |
| title_full | Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] |
| title_fullStr | Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] |
| title_full_unstemmed | Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] |
| title_short | Working capital management performance of firms listed on Bursa Malaysia / Abu Thahir Abdul Nasser ... [et al.] |
| title_sort | working capital management performance of firms listed on bursa malaysia abu thahir abdul nasser et al |
| topic | Working capital Malaysia |
| url | https://ir.uitm.edu.my/id/eprint/13100/1/AJ_ABU%20THAHIR%20ABDUL%20NASSER%20SMRJ%2012%201.pdf |
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