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The Relationship between Working Capital Management and Profitability: A Case Study of Cement Industry in Pakistan

Year: 2011

Type: article

Abstract: This study empirically examines the relationship between working capital management and profitability by using data offourteen companies in cement industry in the Khyber Pakhtonkhuwa Province (KPK) of Pakistan. The study is based on secondary datacollected from financial reports which is listed in Karachi Stock Exchange for the period of six years from 2004-2009. The data wasanalyzed using the techniques of correlation coefficient and multiple regression analysis. All the findings were tested at 0.01 and 0.05level of significance. The result concludes that there is a moderate relationship between working capital management and profitability inthe specific context of cement industry in Pakistan.

Source: Mediterranean Journal of Social Sciences

Authors: Ikram ul Haq, Muhammad Sohail, Khalid Zaman, Zaheer Alam

Institution: COMSATS University Islamabad

Language: English

Topic: Working Capital and Financial Performance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W3100065342

FWCI: 11.35

Cites:

Cited by: 43

Related to: 10