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|a eng
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|b مصر
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|9 576638
|a Sedky, Engy Sadek Mohamed
|e Author
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|a The Effect of Working Capital Management on Financial Performance of Small and Medium Enterprises "SMEs"
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260 |
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|b جامعة عين شمس - كلية التجارة
|c 2019
|g أكتوبر
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300 |
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|a 431 - 460
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|a بحوث ومقالات
|b Article
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|b This paper investigates the relationship between working capital management (WCM) and financial performance of Small and Medium sized enterprises (SMEs) in Egypt. The study uses a sample of 29 firms listed in the Nile index (NILEX) of Egypt for the period from 2008 to 2017. The aim of this study is to test the effect of WCM in the form of Cash Conversion Cycle (CCC) and its components on the profitability of SMEs using panel data methodology. The study usesReturn on Assets (ROA) as proxy for the dependent variable, financial performance. CCC, Number of days of Inventory (INV), Number of days of Accounts Receivables (AR), and Number of days of Accounts Payable (AP) are used as independent variables. In addition, the study uses firm size, firm age, firm sales growth, financial leverage, and assets tangibility as control variables. The results of this study reveal that there is no statistically significant relationship between CCC components and profitability of firms measured as ROA.
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|a إدارة الأعمال
|a رؤوس الأموال
|a الآداء المالي
|a المؤسسات الصغيرة والمتوسطة
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692 |
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|b Working Capital Management
|b Profitability
|b SMEs
|b Cash Conversion Cycle
|b Inventory
|b Accounts Receivable
|b Accounts Payable
|b Return on Asset
|b NILEX
|b Egypt
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773 |
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|4 الاقتصاد
|4 الإدارة
|6 Economics
|6 Management
|c 058
|e Scientific Journal for Economic & Commerce
|f Al-Maġallah Al-ʿilmiyyah Lil-Iqtiṣād Wal Tiğārah
|l 003
|m ع3
|o 0527
|s المجلة العلمية للاقتصاد والتجارة
|v 049
|x 2636-2562
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856 |
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|u 0527-049-003-058.pdf
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|d y
|p y
|q n
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|a EcoLink
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|c 1066853
|d 1066853
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