الرئيسية
  • رسائل ماجستير ودكتوراه
  • Master Study: Effect of Corporate Governance on Working Capital Management and Financial Performance

    Master Study: Effect of Corporate Governance on Working Capital Management and Financial Performance

    • نشر الأحد ،
    • 16 أغسطس 2020


    This research investigates the impact of corporate governance monitoring practices on the efficiency of working capital management and on improving the corporate financial performance. This research is based on a sample of 57 listed manufacturing firms in the Egyptian Stock Exchange for the period 2006-2010. Results were analyzed by using the multiple regression and Pearson correlation techniques. The result indicates that working capital management efficiency is critical for maintaining balance between liquidity and profitability. Findings show that return on assets and current ratio is negatively correlated with the Cash Conversion Cycle (CCC). This means that by shortening CCC, firms’ profitability and liquidity improves. The results implies that firms can create value for their shareholders by keeping the CCC to minimum and through effective working capital management managers can promotes increase in firm profitability and liquidity. In addition, the results revealed that there is a significant impact of corporate governance practices on the efficiency of working capital management.

     

    Dr. Nevine Sobhy Abdel Megeid

    Accounting Lecturer, PhD, CMA

    Accounting and Finance Department

    Arab Academy for Science, Technology and Maritime

    Transport College of Management and Technology

     

    تحميل

    تنويه : جميع الحقوق محفوظة لموقع Acc4Arab.com ولايمكنكم نسخ نص المحتوي لأنه محمي بحقوق الملكية الفكرية، لكن يمكنكم مشاركته علي شبكات التواصل الاجتماعي.

    287 مشاهدة

    مواضيع ذات صلة بــ : رسائل ماجستير ودكتوراه

    التعليقات

    اترك تعليقا

    النشرة الاخبارية