The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain
There are a lot of factors in determining growth of a company. Abu Bakar et al. (2012) analyze the factors effecting the growth of construction companies in Malaysia. One of the most important factors is effective cash flow management that contributes to the success of the companies. According to pr...
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my-uitm-ir.1042202024-11-08T09:57:43Z The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain 2022 Zulkarnain, Nur Amir Muizzuddin Working capital There are a lot of factors in determining growth of a company. Abu Bakar et al. (2012) analyze the factors effecting the growth of construction companies in Malaysia. One of the most important factors is effective cash flow management that contributes to the success of the companies. According to previous studies, working capital management has received much attention by corporate sectors especially public listed companies. The way a company handles its working capital contribute to the pressure in expanding business and growth in companies. According to Siddiquee & Khan (2009), inefficiency of management of working capital not only reduce profitability but also ultimately lead to a concern to financial crisis in any corporation regardless of its size, nature of business or profit orientation. The top public-listed companies main (based on market capitalization) in the Main Board of Bursa Malaysia are selected as a sample. The testing for hypothesss involved examining the relationship between the dependent variable (growth of Malaysia companies) and the independent variables (cash conversion cycle, receivable conversion period, inventory conversion period and payable conversion period). Analysis shows that all the independent variables have significant relationships with firm growth except receivable conversion period which is not significant. It is concluded that companies should focus and establish the policy of working capital management in an efficient manner to serve their shareholders in maximizing their wealth. 2022 Thesis https://ir.uitm.edu.my/id/eprint/104220/ https://ir.uitm.edu.my/id/eprint/104220/1/104220.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Hamzah, Haliza |
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Universiti Teknologi MARA |
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UiTM Institutional Repository |
language |
English |
advisor |
Hamzah, Haliza |
topic |
Working capital |
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Working capital Zulkarnain, Nur Amir Muizzuddin The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain |
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There are a lot of factors in determining growth of a company. Abu Bakar et al. (2012) analyze the factors effecting the growth of construction companies in Malaysia. One of the most important factors is effective cash flow management that contributes to the success of the companies. According to previous studies, working capital management has received much attention by corporate sectors especially public listed companies. The way a company handles its working capital contribute to the pressure in expanding business and growth in companies. According to Siddiquee & Khan (2009), inefficiency of management of working capital not only reduce profitability but also ultimately lead to a concern to financial crisis in any corporation regardless of its size, nature of business or profit orientation. The top public-listed companies main (based on market capitalization) in the Main Board of Bursa Malaysia are selected as a sample. The testing for hypothesss involved examining the relationship between the dependent variable (growth of Malaysia companies) and the independent variables (cash conversion cycle, receivable conversion period, inventory conversion period and payable conversion period). Analysis shows that all the independent variables have significant relationships with firm growth except receivable conversion period which is not significant. It is concluded that companies should focus and establish the policy of working capital management in an efficient manner to serve their shareholders in maximizing their wealth. |
format |
Thesis |
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Bachelor degree |
author |
Zulkarnain, Nur Amir Muizzuddin |
author_facet |
Zulkarnain, Nur Amir Muizzuddin |
author_sort |
Zulkarnain, Nur Amir Muizzuddin |
title |
The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain |
title_short |
The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain |
title_full |
The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain |
title_fullStr |
The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain |
title_full_unstemmed |
The effect of working capital management on the growth of Malaysia top public listed companies / Nur Amir Muizzuddin Zulkarnain |
title_sort |
effect of working capital management on the growth of malaysia top public listed companies / nur amir muizzuddin zulkarnain |
granting_institution |
Universiti Teknologi MARA, Johor |
granting_department |
Faculty of Business and Management |
publishDate |
2022 |
url |
https://ir.uitm.edu.my/id/eprint/104220/1/104220.pdf |
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1818588091866152960 |