The effect of working capital management on firms' performance : evidence from Algerian listed firms

Other Title(s)

أثر إدارة الاحتياج في رأس المال العامل على أداء الشركات : دليل من الشركات الجزائرية المدرجة في البورصة

Joint Authors

Bu Suf, Izz al-Din
Balqaid, Brahim

Source

Dirassat Journal Economic Issue

Issue

Vol. 12, Issue 2 (31 Dec. 2021), pp.381-397, 17 p.

Publisher

University of Laghouat Faculty of Economics Commercial and Management Sciences

Publication Date

2021-12-31

Country of Publication

Algeria

No. of Pages

17

Main Topic

Economy

Topics

Abstract EN

The present study was designed to investigate the effect of working capital management on the performance of Algerian firms listed on the Algiers Stock Exchange over the 2015-2019 period, we collected their annual financial statements from the COSOB's database in order to determine the different variables needed for our study.

Pearson's correlation and pooled ordinary least square regression models were used for the analysis.

The results indicate a significant positive relationship between cash conversion cycle and firms' performance, the same result was found for the number of days on inventory, whereas the number of days of accounts receivable and number of days of accounts payable showed a negative relationship with firms' performance.

These results will allow Algerian listed firms to improve their performance by efficiently managing their working capital.

American Psychological Association (APA)

Bu Suf, Izz al-Din& Balqaid, Brahim. 2021. The effect of working capital management on firms' performance : evidence from Algerian listed firms. Dirassat Journal Economic Issue،Vol. 12, no. 2, pp.381-397.
https://search.emarefa.net/detail/BIM-1234140

Modern Language Association (MLA)

Bu Suf, Izz al-Din& Balqaid, Brahim. The effect of working capital management on firms' performance : evidence from Algerian listed firms. Dirassat Journal Economic Issue Vol. 12, no. 2 (2021), pp.381-397.
https://search.emarefa.net/detail/BIM-1234140

American Medical Association (AMA)

Bu Suf, Izz al-Din& Balqaid, Brahim. The effect of working capital management on firms' performance : evidence from Algerian listed firms. Dirassat Journal Economic Issue. 2021. Vol. 12, no. 2, pp.381-397.
https://search.emarefa.net/detail/BIM-1234140

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 395-397

Record ID

BIM-1234140