Aljinovic Barac Z., Muminovic S. (2018). Working capital management: efficient tool for success of milk producers: true or false? New Medit, 06/01/2018, vol. 17, n. 2, p. 61-72.
http://newmedit.iamb.it/2018/06/11/working-capital-management-efficient-tool-for-success-of-milk-producers-true-or-false/
http://newmedit.iamb.it/2018/06/11/working-capital-management-efficient-tool-for-success-of-milk-producers-true-or-false/
Title: | Working capital management: efficient tool for success of milk producers: true or false? (2018) |
Authors: | Z. Aljinovic Barac ; S. Muminovic |
Material Type: | Article |
In : | New Medit (vol. 17, n. 2, 01/06/2018) |
Article on page: | p. 61-72 |
Languages: | English |
Abstract Languages: | English |
Descriptors: |
Thésaurus IAMM DAIRY INDUSTRY ; LIQUID ASSETS ; PROFITABILITY ; BUSINESS MANAGEMENT ; CROATIA ; SLOVENIACatégories principales 10 - INDUSTRIES ; 10.5 - Produits Laitiers |
Abstract: | Working capital management can be considered as vital issue in financial decision-making processes in company. Consequently, it directly affects companys success in the way of its profitability. Empirical evidence is provided on a sample of Croatian and Slovenian companies in the dairy processing industry. Univariate and multivariate analyses are used to test hypotheses about impact of working capital management components and cash conversion cycle on companys profitability. Furthermore, differences in working capital management policies in condition of crisis and before crisis are examined. Our findings show that none of working capital management components significant affect profitability, measured by return on assets, while statistically significant relation exists between cash conversion cycle as working capital management comprehensive measure and profitability. |
Cote : | En ligne |
URL / DOI: | http://newmedit.iamb.it/2018/06/11/working-capital-management-efficient-tool-for-success-of-milk-producers-true-or-false/ |