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Relationship between Working Capital Management Efficiency and Firm Profitability of Listed Plastic Companies in Vietnam

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• Volume 8,Issue 2,Mar. 2021

Year:

2021

Type of Publication:

Article

Keywords:

Performance Index of Working Capital Management, Utilization Index of Working Capital Management, Efficiency Index of Working Capital Management, Firm Profitability

Authors:

• Le, Assoc. Prof. Nhung Thi Kim
• Tran, Ms. Trang Thi Thu
• Dang, Ms. Phuong Thi Lan

Journal:

IJIRES

Volume:

8

Number:

2

Pages:

108-120

Month:

March

ISSN:

2349-5219

BibTex:

@article{1825, author = "Assoc. Prof. Nhung Thi Kim Le and Ms. Trang Thi Thu Tran and Ms. Phuong Thi Lan Dang", abstract = "This study aimed to examine the relationship between the working capital management efficiency and the profitability of plastic companies in Vietnam. Data from the financial statements of 37 listed plastics companies for the period from 2015 to 2019 has been collected. In this study, working capital management efficiency is evaluated through three indexes: Performance index of working capital management (PI), utilization index of working capital management (UI), and efficiency index of working capital management (EI). Research results have shown that there are statistically significant and positive relationships between the indexes and firm profitability in this period.", issn = "23495219", journal = "IJIRES", keywords = "Performance Index of Working Capital Management, Utilization Index of Working Capital Management, Efficiency Index of Working Capital Management, Firm Profitability", month = "March", number = "2", pages = "108-120", title = "{R}elationship between {W}orking {C}apital {M}anagement {E}fficiency and {F}irm {P}rofitability of {L}isted {P}lastic {C}ompanies in {V}ietnam", volume = "8", year = "2021", }

Abstract:

This study aimed to examine the relationship between the working capital management efficiency and the profitability of plastic companies in Vietnam. Data from the financial statements of 37 listed plastics companies for the period from 2015 to 2019 has been collected. In this study, working capital management efficiency is evaluated through three indexes: Performance index of working capital management (PI), utilization index of working capital management (UI), and efficiency index of working capital management (EI). Research results have shown that there are statistically significant and positive relationships between the indexes and firm profitability in this period.

Full text: IJIRES_1825_FINAL.pdf Online version [Bibtex]