How to cite this paper
Ghodrati, H & Ghanbari, J. (2014). A study on relationship between working capital and profitability.Management Science Letters , 4(8), 1675-1684.
Refrences
Afza, T., & Nazir, M. S. (2007). Working capital management policies of firms: Empirical Evidence from Pakistan. Pakistan Journal of Commerce and Social Sciences, 2(2), 15-28.
Afza, T., & Nazir, M. S. (2008). Working Capital Approaches and Firm’s Returns in Pakistan. Pakistan Journal of Commerce and Social Sciences, 1(1), 25-36.
Amit, K., Mallik, D. S., & Debdas, R. (2005). Working Capital and Profitability: A Study on Their Relationship with Reference to Selected Companies in Indian Pharmaceutical Industry. GITAM Journal of Management, 3(2), 51 - 62.
Bhunia, A. (2007). Liquidity management of public sector iron and steel enterprises in India.
Chowdhury, A., & Amin, M. M. (2007). Working capital management practiced in Pharmaceutical companies in Dhaka stock, 4(2), 75-86
D?nule?iu, A. E. (2010). Working capital management and profitability: A case of Alba county companies. Annales Universitatis Apulensis Series Oecon., 12 (1), 364-374.
Deloof, M. (2003). Does working capital management affect profitability of Belgian firms?. Journal of Business Finance & Accounting, 30(3?4), 573-588.
Eljelly, A. M. (2004). Liquidity-profitability tradeoff: an empirical investigation in an emerging market. International Journal of Commerce and Management,14(2), 48-61.
Enyi, E. P. (2005). Applying Relative Solvency to Working Capital Management-The Break-Even Approach. Available at SSRN 744364.
Ganesan, V. (2007). An analysis of working capital management efficiency in telecommunication equipment industry. Rivier academic journal, 3(2), 1-10.
Gill, A., Biger, N., & Mathur, N. (2010). The relationship between working capital management and profitability: evidence from The United States. Business and Economics Journal, 10, 1-9.
Hsiao, C., & Tahmiscioglu, A. K. (1997). A panel analysis of liquidity constraints and firm investment. Journal of the American Statistical Association, 92(438), 455-465.
ul Haq, I., Sohail, M., Zaman, K., & Alam, Z. (2011). The Relationship between Working Capital Management and Profitability: A Case Study of Cement Industry in Pakistan. Mediterranean Journal of Social Sciences, 2(2), 2039-2117.
Izadinia, N., Taki, A. (2010). Examination the effects of working capital management an capability of profitability for listed companies on Tehran stock exchange. Journal -Financial Accounting Research, 5, 120 - 139.
Jose, M. L., Lancaster, C., & Stevens, J. L. (1996). Corporate returns and cash conversion cycles. Journal of Economics and finance, 20(1), 33-46.
Kim, C. S., Mauer, D. C., & Sherman, A. E. (1998). The determinants of corporate liquidity: Theory and evidence. Journal of financial and quantitative analysis, 33(03), 335-359.
Lazaridis, I., & Tryfonidis, D. (2006). Relationship between working capital management and profitability of listed companies in the Athens stock exchange. Journal of financial management and analysis, 19(1), 26-35.
Lyroudi, K., & Lazaridis, Y. (2000). The cash conversion cycle and liquidity analysis of the food industry in Greece.
Mallik, A., Sur, D., & Debdas, R. (2005). Working capital and profitability: a study on their relationship with reference to selected companies in Indian pharmaceutical industry. GITAM Journal of Management, 3(2), 51-62.
Mehar, A. (2005). Impacts of equity financing on liquidity position of a firm. Applied Financial Economics, 15(6), 425-438.
Meszek, W., & Polewski, M. (2006). Certain aspects of working capital in a construction company. Technological and Economic Development of Economy,12(3), 222-226.
Mohammadi, M. (2009). Effects of working capital management on companies’ profitability of listed companies on Tehran stock exchange. Journal of management, 14, 80-91.
Mohamad, N. E. A. B., & Saad, N. B. M. (2010). Working capital management: The effect of market valuation and profitability in Malaysia. International Journal of Business and Management, 5(11), p140.
Mukhopadhyay, D. (2004). Working capital management in heavy engineering firms-A case study. Management Accountant Calculation, 39, 317-323.
Raheman, A., & Nasr, M. (2007). Working capital management and profitability–case of Pakistani firms. International review of business research papers, 3(1), 279-300.
Raheman, A., Afza, T., Qayyum, A., & Bodla, M. A. (2010). Working capital management and corporate performance of manufacturing sector in Pakistan.International Research Journal of Finance and Economics, 47(1), 156-169.
Samiloglu, F., & Demirgunes, K. (2008). The effect of working capital management on firm profitability: evidence from Turkey. The International Journal of Applied Economics and Finance, 2(1), 44-50.
Singh, K., & Asress, F. C. (2011). Determining working capital solvency level and its effect on profitability in selected Indian manufacturing firms. International Journal Of Research In Commerce, Economics And Management.[9] Lingesiya, Y and Nalini, S (2011)“Working Capital Management and Firms’ Performance: An Analysis of Sri Lankan Manufacturing Companies” journal of ICBI.
Smith, K. (1980). Profitability versus liquidity tradeoffs in working capital management. Readings on the management of working capital, 549-562.
Soenen, L. A. (1993). Cash conversion cycle and corporate profitability. Journal of Cash Management, 13, 53-53.
Shin, H. H., & Soenen, L. (1998). Efficiency of working capital management and corporate profitability. Financial practice and education, 8, 37-45.
Singh, P. K. (2004). Working capital management in Lupin laboratories Ltd.-A case study. Management Accountant Calcutta, 39(7), 534-541.
Sayaduzzaman, M. D. (2006). Working Capital Management: A Study on British American Tobacco Bangladesh Company Ltd. Journal of Nepalese Business Studies, 3(1), 78-84.
Uyar, A. (2009). The relationship of cash conversion cycle with firm size and profitability: an empirical investigation in Turkey. International Research Journal of Finance and Economics, 24(2), 186-193.
Vishnani, S., & Shah, B. K. (2007). Impact of Working Capital Management Policies on Corporate Performance—An Empirical Study. Global Business Review, 8(2), 267-281.
Yaaqobnejad, Ahmad, et al. (2010). The relationship between working capital management and profitability of listed companies an Tehran stock exchange. Journal of Financial engineering and portfolio management, 2, 117-137.
Afza, T., & Nazir, M. S. (2008). Working Capital Approaches and Firm’s Returns in Pakistan. Pakistan Journal of Commerce and Social Sciences, 1(1), 25-36.
Amit, K., Mallik, D. S., & Debdas, R. (2005). Working Capital and Profitability: A Study on Their Relationship with Reference to Selected Companies in Indian Pharmaceutical Industry. GITAM Journal of Management, 3(2), 51 - 62.
Bhunia, A. (2007). Liquidity management of public sector iron and steel enterprises in India.
Chowdhury, A., & Amin, M. M. (2007). Working capital management practiced in Pharmaceutical companies in Dhaka stock, 4(2), 75-86
D?nule?iu, A. E. (2010). Working capital management and profitability: A case of Alba county companies. Annales Universitatis Apulensis Series Oecon., 12 (1), 364-374.
Deloof, M. (2003). Does working capital management affect profitability of Belgian firms?. Journal of Business Finance & Accounting, 30(3?4), 573-588.
Eljelly, A. M. (2004). Liquidity-profitability tradeoff: an empirical investigation in an emerging market. International Journal of Commerce and Management,14(2), 48-61.
Enyi, E. P. (2005). Applying Relative Solvency to Working Capital Management-The Break-Even Approach. Available at SSRN 744364.
Ganesan, V. (2007). An analysis of working capital management efficiency in telecommunication equipment industry. Rivier academic journal, 3(2), 1-10.
Gill, A., Biger, N., & Mathur, N. (2010). The relationship between working capital management and profitability: evidence from The United States. Business and Economics Journal, 10, 1-9.
Hsiao, C., & Tahmiscioglu, A. K. (1997). A panel analysis of liquidity constraints and firm investment. Journal of the American Statistical Association, 92(438), 455-465.
ul Haq, I., Sohail, M., Zaman, K., & Alam, Z. (2011). The Relationship between Working Capital Management and Profitability: A Case Study of Cement Industry in Pakistan. Mediterranean Journal of Social Sciences, 2(2), 2039-2117.
Izadinia, N., Taki, A. (2010). Examination the effects of working capital management an capability of profitability for listed companies on Tehran stock exchange. Journal -Financial Accounting Research, 5, 120 - 139.
Jose, M. L., Lancaster, C., & Stevens, J. L. (1996). Corporate returns and cash conversion cycles. Journal of Economics and finance, 20(1), 33-46.
Kim, C. S., Mauer, D. C., & Sherman, A. E. (1998). The determinants of corporate liquidity: Theory and evidence. Journal of financial and quantitative analysis, 33(03), 335-359.
Lazaridis, I., & Tryfonidis, D. (2006). Relationship between working capital management and profitability of listed companies in the Athens stock exchange. Journal of financial management and analysis, 19(1), 26-35.
Lyroudi, K., & Lazaridis, Y. (2000). The cash conversion cycle and liquidity analysis of the food industry in Greece.
Mallik, A., Sur, D., & Debdas, R. (2005). Working capital and profitability: a study on their relationship with reference to selected companies in Indian pharmaceutical industry. GITAM Journal of Management, 3(2), 51-62.
Mehar, A. (2005). Impacts of equity financing on liquidity position of a firm. Applied Financial Economics, 15(6), 425-438.
Meszek, W., & Polewski, M. (2006). Certain aspects of working capital in a construction company. Technological and Economic Development of Economy,12(3), 222-226.
Mohammadi, M. (2009). Effects of working capital management on companies’ profitability of listed companies on Tehran stock exchange. Journal of management, 14, 80-91.
Mohamad, N. E. A. B., & Saad, N. B. M. (2010). Working capital management: The effect of market valuation and profitability in Malaysia. International Journal of Business and Management, 5(11), p140.
Mukhopadhyay, D. (2004). Working capital management in heavy engineering firms-A case study. Management Accountant Calculation, 39, 317-323.
Raheman, A., & Nasr, M. (2007). Working capital management and profitability–case of Pakistani firms. International review of business research papers, 3(1), 279-300.
Raheman, A., Afza, T., Qayyum, A., & Bodla, M. A. (2010). Working capital management and corporate performance of manufacturing sector in Pakistan.International Research Journal of Finance and Economics, 47(1), 156-169.
Samiloglu, F., & Demirgunes, K. (2008). The effect of working capital management on firm profitability: evidence from Turkey. The International Journal of Applied Economics and Finance, 2(1), 44-50.
Singh, K., & Asress, F. C. (2011). Determining working capital solvency level and its effect on profitability in selected Indian manufacturing firms. International Journal Of Research In Commerce, Economics And Management.[9] Lingesiya, Y and Nalini, S (2011)“Working Capital Management and Firms’ Performance: An Analysis of Sri Lankan Manufacturing Companies” journal of ICBI.
Smith, K. (1980). Profitability versus liquidity tradeoffs in working capital management. Readings on the management of working capital, 549-562.
Soenen, L. A. (1993). Cash conversion cycle and corporate profitability. Journal of Cash Management, 13, 53-53.
Shin, H. H., & Soenen, L. (1998). Efficiency of working capital management and corporate profitability. Financial practice and education, 8, 37-45.
Singh, P. K. (2004). Working capital management in Lupin laboratories Ltd.-A case study. Management Accountant Calcutta, 39(7), 534-541.
Sayaduzzaman, M. D. (2006). Working Capital Management: A Study on British American Tobacco Bangladesh Company Ltd. Journal of Nepalese Business Studies, 3(1), 78-84.
Uyar, A. (2009). The relationship of cash conversion cycle with firm size and profitability: an empirical investigation in Turkey. International Research Journal of Finance and Economics, 24(2), 186-193.
Vishnani, S., & Shah, B. K. (2007). Impact of Working Capital Management Policies on Corporate Performance—An Empirical Study. Global Business Review, 8(2), 267-281.
Yaaqobnejad, Ahmad, et al. (2010). The relationship between working capital management and profitability of listed companies an Tehran stock exchange. Journal of Financial engineering and portfolio management, 2, 117-137.