Influence on Corporate Performance by Determinants of Working Capital

Roslin Lazarus, Stanley Lazarus, Shobhna Gupta
2021 Universal Journal of Accounting and Finance  
Working capital (WC) determinants play a crucial role in operating activities and corporate performance in a routine firm. This paper examines the influence of WC determinants on corporate performance employing a sample of thirty-one metal and mining firms listed on the National Stock Exchange (NSE), India for 10 years from 2010-2019. Pearson's correlation and fixed effect regression models were used to estimate the explanatory variables regression coefficients on the outcome variables. ROTA,
more » ... EQ and ROCE variables were used to ascertain performance of sample firms and results revealed a significant negative influence of WCinventory period (INVP)
doi:10.13189/ujaf.2021.090316 fatcat:26duxuucajdkhg6cbeewckbgcy