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Effects of Size on Working Capital Levels of the Firms’ in Steel Industry in India

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  • D. P. Singh

    (Dean Academics IILM Business School, New Delhi, India)

Abstract

Present study is about investigating the impact of growing size of the company on working capital levels. I considered measures of working capital levels of a company such as net working capital and working capital to sales. The investigation is about how growing size of the company affects working capital levels.I investigated the relationships between size of the firms and various working capital levels, such as net working capital ratio working capital to sales ratio. It is observed that net working capital level and working capital to sales ratio is negatively related to size of the firms. Two relationships net working capital ratio, working capital to sales ratio were found significant at 1%.As no work in the past is done on this relationship our results will significantly contribute to the body of knowledge.

Suggested Citation

  • D. P. Singh, 2012. "Effects of Size on Working Capital Levels of the Firms’ in Steel Industry in India," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 3(1), pages 122-128, January.
    • Handle: RePEc:aii:ijcmss:v:3:y:2012:i:1:p:122-128
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    References listed on IDEAS

    as
    1. J P Singh & Shishir Pandey, 2008. "Impact of Working Capital Management in the Profitability of Hindalco Industries Limited," The IUP Journal of Financial Economics, IUP Publications, vol. 0(4), pages 62-72, December.
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