Effects of Working Capital Management on SME Profitability

By Pedro J. García-Teruel, P. Martínez‐Solano. 2007

1,259 citations recorded by the source corpus.

Subfields: Accounting, Mechanical Engineering

View Paper: https://www.semanticscholar.org/paper/00bddc1faf6eb1113b4d01a7ca46cf8a8bdcd662

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Citations in the corpus

Cash Conversion Cycle and Value-Enhancing Operations: Theory and Evidence for a Free Lunch (2017, background): “The CCC effect thus influences the profitability of WCM.”
The Relationship Between Working Capital Management And Profitability: Evidence From The United States (2010, background): “Regarding the average days of accounts payable previous studies reported negative correlation of this variable and the profitability of the firm [1, 2, 3].”
The impact of cash conversion cycle on firm profitability: An empirical study based on Swedish data (2014, methodology): “The findings of this study are consistent with those of Deloof (2003), Lazaridis and Tryfonidis (2006), Garcia-Teruel and Martinez-Solano (2007), Mathuva (2010), and Ebben and Johnson (2011).”
A systematic literature review on SME financing: Trends and future directions (2021, background): “The main drawback of short-term debt is that it attracts a higher level of risk (García-Teruel & Martínez-Solano, 2007).”
Working Capital Management: The Effect of Market Valuation and Profitability in Malaysia (2010, background): “However, the study done by Raheman & Nasr, (2007) on a sample of 94 Pakistani firms listed on Karachi Stock Exchange for a period of 6 years from 1999 – 2004, demonstrate a strong negative relationship exists between variables of the working capital management represents by liquidity and debt with p”
Working capital management and SMEs profitability: Portuguese evidence (2015, methodology): “…practice of an aggressive policy of working capital management tends to improve corporate profitability (see Jose et al., 1996; Deloof, 2003; Lazaridis and Tryfonidis, 2006; Raheman and Nasr, 2007; García-Teruel and Martínez-Solano, 2007; Falope and Ajilore, 2009; Karadagli, 2012, among others).”
Financing buyer–supplier dyads: an empirical analysis on financial collaboration in the supply chain (2016, positive): “However, most of the research is based on the narrow intra-firm perspective (e.g. García-Teruel and Martínez-Solano 2007; Protopappa-Sieke and Seifert 2010) or simply focuses on a single financing instrument such as collaborative cash-to-cash cycle management (e.g. Randall and Farris II 2009;…”
Working Capital Management, Firms- Performance and Market Valuation in Nigeria (2012, result): “The results are also in line with the findings of [20], [21] and [19].”
Effect of Working Capital Management on Firm Profitability (2011, methodology): “The reason for choosing these variables is that most of researchers (Deloof, 2003; Garcia-Teruel and Martinez-Solano, 2007; Jose et al., 1996; Nazir and Afza, 2009; Raheman and Nasr, 2007; Shin and Soenen, 1998; Wang, 2002; Zariyawati et al., 2009) have used these to calculate the Table 2.”
Working Capital Management and Corporate Profitability: Evidence from Iran (2011, background): “Teruel, P. and P. Solano, 2007.”
RELATIONSHIP BETWEEN EFFICIENCY LEVEL OF WORKING CAPITAL MANAGEMENT AND RETURN ON TOTAL ASSETS IN ISE (ISTANBUL STOCK EXCHANGE) (2009, background): “In the studies conducted by Shin & Soenen (1998), Deloof (2003), Raheman & Nasr (2007) and Teruel & Solano (2007) it was concluded that there is a negative relationship between profitability of a firm and cash conversion cycle.”