The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia

The aim of this study is to provide empirical evidence on the impact of working capital management, debt and size on SMEs' performance in Malaysia focusing on the manufacturing sector. A panel data sample of 105 firms for the study was obtained from the Companies' Commission of Malaysia (C...

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Main Author: Ali, Isyaku
Format: Thesis
Language:eng
eng
Published: 2016
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Online Access:https://etd.uum.edu.my/6091/1/s817799_01.pdf
https://etd.uum.edu.my/6091/2/s817799_02.pdf
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id my-uum-etd.6091
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Abdul Rahman, Nora Azureen
topic HG Finance
spellingShingle HG Finance
Ali, Isyaku
The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia
description The aim of this study is to provide empirical evidence on the impact of working capital management, debt and size on SMEs' performance in Malaysia focusing on the manufacturing sector. A panel data sample of 105 firms for the study was obtained from the Companies' Commission of Malaysia (CCM) for the period from 1996 to 2015. The Generalized Least Square (GLS) was used for testing the hypotheses of the study. The regression results show that accounts receivable period, inventory holding period, debt and size are significantly related to performance, whereas accounts payable period and cash conversion cycle are insignificantly related to performance. The results also showed accounts receivable period, accounts payable period and debt to have negative relationship with performance. But the remaining independent variables have positive relationship with performance. Furthermore, the findings have important implication for financial managers and policy-makers who regulate and propose mechanisms for SMEs development.
format Thesis
qualification_name masters
qualification_level Master's degree
author Ali, Isyaku
author_facet Ali, Isyaku
author_sort Ali, Isyaku
title The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia
title_short The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia
title_full The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia
title_fullStr The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia
title_full_unstemmed The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia
title_sort impact of working capital management, debt and size on smes' performance: evidence from malaysia
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2016
url https://etd.uum.edu.my/6091/1/s817799_01.pdf
https://etd.uum.edu.my/6091/2/s817799_02.pdf
_version_ 1747828019714588672
spelling my-uum-etd.60912021-04-05T01:52:21Z The impact of working capital management, debt and size on SMEs' performance: evidence from Malaysia 2016 Ali, Isyaku Abdul Rahman, Nora Azureen Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The aim of this study is to provide empirical evidence on the impact of working capital management, debt and size on SMEs' performance in Malaysia focusing on the manufacturing sector. A panel data sample of 105 firms for the study was obtained from the Companies' Commission of Malaysia (CCM) for the period from 1996 to 2015. The Generalized Least Square (GLS) was used for testing the hypotheses of the study. The regression results show that accounts receivable period, inventory holding period, debt and size are significantly related to performance, whereas accounts payable period and cash conversion cycle are insignificantly related to performance. The results also showed accounts receivable period, accounts payable period and debt to have negative relationship with performance. But the remaining independent variables have positive relationship with performance. Furthermore, the findings have important implication for financial managers and policy-makers who regulate and propose mechanisms for SMEs development. 2016 Thesis https://etd.uum.edu.my/6091/ https://etd.uum.edu.my/6091/1/s817799_01.pdf text eng public https://etd.uum.edu.my/6091/2/s817799_02.pdf text eng public masters masters Universiti Utara Malaysia Abbadi, S. M., & Abbadi, R. T. (2013). The determinants of working capital requirements in Palestinian industrial corporations. International Journal of Economics and Finance, 5(1), 65. Afeef, M. (2011). Analyzing the Impact of Working Capital Management on the Profitability of SME's in Pakistan. International Journal of Business and Social Science, 2(22). Afrifa, G. A. (2015). 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