Impact of working capital management on ACE market firm profitability / Norkhatijah Osman

• Main Author: Osman, Norkhatijah
• Format: Student Project
• Language: English
• Published: 2017
• Subjects: Human capital; Kuala Lumpur. KLSE
• Online Access: http://ir.uitm.edu.my/id/eprint/44780/1/44780.pdf; http://ir.uitm.edu.my/id/eprint/44780/

This paper is aims to investigate the impact of working capital management on firm profitability in Malaysia. This study will focus on company that are listed in Access, Certainty, Efficiency (ACE) Market in Bursa Malaysia. ACE market's company is chosen because of the company itself which they have low capital. The dependant variable in this study is company profitability that will be measure by Return on Asset. There are several selected independent variables in this study which are cash conversion cycle (CCC), sales which represented by natural logarithm of sales, sales growth and current ratio. The data collected from the year 2012 to 2016 from eleven companies that make total number observations of fifty-years. The data is obtained from Data Stream and Annual Report. This study used quantitative secondary data which is panel data and regression model represented by the ordinary least squares (OLS) as the technique to test the data collected