Working capital management and corporate profitability of Japanese firms

dc.article.pages39-44
dc.contributor.authorNobanee, Haitham
dc.contributor.authorHaddad, Ayman
dc.date.accessioned2021-11-04T11:28:05Z
dc.date.available2021-11-04T11:28:05Z
dc.date.issued2014
dc.description.abstractThis study examines the relationship between working capital management, profitability, firm size and industry type for firms in Japan. The study sample consists of 2123 Japanese non-financial firms listed at the Tokyo Stock Exchange for the period 1990-2004. We observe that the cash conversion cycle and return on investment relationships are commonly significant and negative, suggesting that the shortening of the cash conversion cycle enhances the profitability of Japanese firms.
dc.identifier.urihttps://dspace.auk.edu.kw/handle/11675/7639
dc.journal.issue1
dc.journal.volume14
dc.relation.journalThe Empirical Economics Letters
dc.titleWorking capital management and corporate profitability of Japanese firms
dc.typeJournal Article
dc.typePeer-Reviewed
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