skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Çalisma Sermayesi Politikalarinin Karlilik Üzerine Etkisi: Dinamik Panel Uygulamasi/Effect of Working Capital Policies on Profitability: A Dynamic Panel Analysis

Ege akademik bakıs, 2011-01, Vol.11, p.75 [Peer Reviewed Journal]

Copyright Ege University Faculty of Economics and Administrative Sciences 2011 ;ISSN: 1303-099X

Full text available

Citations Cited by
  • Title:
    Çalisma Sermayesi Politikalarinin Karlilik Üzerine Etkisi: Dinamik Panel Uygulamasi/Effect of Working Capital Policies on Profitability: A Dynamic Panel Analysis
  • Author: Coskun, Ender ; Kök, Dündar
  • Subjects: Accounts payable ; Corporate profits ; Data analysis ; Manufacturers ; Profitability ; Working capital
  • Is Part Of: Ege akademik bakıs, 2011-01, Vol.11, p.75
  • Description: In this study, the effect of firm's working capital policies on their profitability is investigated. We used panel data obtained from 74 manufacturing firms which were listed in ISE during 1991-2005. As a measure of working capital policies, cash conversion cycle, inventory period, accounts receivable period and accounts payable period are used. In addition, retun on assets is used as a measure of profitability. Dynamic panel data analysis method, the system-GMM estimation technique is applied study. It is concluded that the firms can increase their profitability by applying agressive investment policy to reduce account receivable period and inventory period. In other words, cash conversion cycle, accounts receivable period and inventory period show a negative relationship with profitability In addition, a positive relationship between profitability and accounts payable period has been determined. [PUBLICATION ABSTRACT]
  • Publisher: Izmir: Ege University Faculty of Economics and Administrative Sciences
  • Language: Turkish
  • Identifier: ISSN: 1303-099X
  • Source: Alma/SFX Local Collection
    ProQuest Central
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait