International Journal of Applied Finance and Business Studies
Vol. 11 No. 4 (2024): March: Applied Finance and Business Studies

Working capital and liquidity to the profitability of manufacturing companies listed on the IDX in 2019-2022

Rahmawati, Mulia (Unknown)
Anggraeni, Putri Riana (Unknown)
Maulan, Shobha Tsaqofa (Unknown)
Haryadi, Didit (Unknown)



Article Info

Publish Date
08 Jan 2024

Abstract

This study investigates the interaction between modes of employment, profitability, and market liquidity in the manufacturing sector. The goal is to gain insight into how these factors interact and affect the overall value of a company in a particular region and industry. This analysis uses quantitative methods based on financial data and relevant metrics for a sample of 10 manufacturing companies. This study examines the relationship between working model, profitability, and market liquidity through statistical analysis and regression modeling techniques. The results showed that working capital has no effect on profitability, liquidity significantly impacts profitability in the manufacturing industry, and operating capital and liquidity simultaneously affect profitability. The findings contribute to the existing literature on company valuations by providing empirical evidence specific to the manufacturing sector. The research has implications for policymakers, investors, and managers, as it offers valuable insights into the factors that drive corporate value in the industry, helping stakeholders make decisions and strategies to improve performance and competitiveness. Provide benefits in the context of financial management.

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Journal Info

Abbrev

ijafibs

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Applied Finance and Business Studies is published with both online and print versions devoted to provide the publication of research finding in finance and business research studies. Objectives The main goal of ijafibs is to present outstanding, high quality research ...