International Research Journal of Business Studies
Vol. 11 No. 1 (2018): April - July 2018

Impact of Working Capital Management on Profitability of the Selected Listed FMCG Companies in India

Jana, Debabrata (Unknown)

Article Info

Publish Date
12 Jul 2018

Abstract

Working capital management plays a vital role in the success of businesses because of its effect on profitability and liquidity. The purpose of this study is to examine the relationship and the efficiency of the working capital management strategies of FMCG Company in India. The study used secondary data collected from all the fifteen listed FMCG Company covering the period from 2013-2017. Using panel data analysis, the study finds a significantly positive and negative relationship between profitability and working capital management. Therefore, efficient management of working capital for FMCG Company not only has a positive relationship with profitability but significantly impacts on such firm’s profitability.

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Journal Info
International Research Journal of Business Studies
Website

Abbrev

jurnalirjbs

Publisher

Universitas Prasetiya Mulya

Subject

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

Description

International Research Journal of Business Studies (IRJBS) comprises three constructs. The word “International” refers to our mission to provide readers with relevant fields of study and to involve authors in giving their contributions on an international scale. ”Research Journal” refers to ...