Title: The impact of Working Capital Management on Profitability of the Listed Firms in Sri Lanka
Abstract: In this research the researcher attempt to take result of comparison among industries based on working capital management. Working capital to the company is like the blood to human body. If it is carried out effectively, efficiently and consistently, that will assure the health of an organization. The purpose of this research is to contribute towards a very important aspect of financial management known as working capital management with reference to Sri Lanka. Here the relationship between working capital management Practices and its effects on profitability of selected industries listed on Colombo stock Exchange for a period of five years from 2003-2007. Five sectors have been selected out of 20 business sectors. This research study concluded that working capital has significant impact on profitability of the sector. Therefore significant indicates that closed relationship between working capital and profitability. It may be positive or negative.
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
Access and Citation
Cited By Count: 2
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot