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|3 10.21608/ATASU.2015.50002
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|a eng
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|b مصر
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|a Abdel Megeid, Nevine Sobhy
|e Author
|9 341348
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|a Effect of Corporate Governance on Working Capital Management and Financial Performance
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|b جامعة عين شمس - كلية التجارة - قسم المحاسبة والمراجعة
|c 2015
|g أبريل
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|a 35 - 71
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|a بحوث ومقالات
|b Article
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|b 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.
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|a تقويم الأداء
|a رأس المال
|a حوكمة الشركات
|a النظم المحاسبية
|a التنمية الاقتصادية
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|b Corporate Governance
|b Working Capital Management
|b Financial Performance
|b Profitability
|b Liquidity
|b Egyptian Listed Manufacturing Firms
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|4 الاقتصاد
|4 إدارة الأعمال
|6 Economics
|6 Business
|c 019
|f Al-Fikr Al-Muhasabī
|l 001
|m مج19, ع1
|o 0541
|s الفكر المحاسبي
|t Accounting Thought
|v 019
|x 2356-8402
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856 |
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|n https://atasu.journals.ekb.eg/article_50002.html
|u 0541-019-001-019.pdf
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|d y
|p y
|q y
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|a EcoLink
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|c 662397
|d 662397
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