IDEAS home Printed from https://ideas.repec.org/a/rbs/ijfbss/v7y2018i1p27-32.html
   My bibliography  Save this article

Impact of working capital management on profitability of Industrial sector in Iraq

Author

Listed:
  • Sardar Shaker Ibrahim

    (Financial accounting techniques, Duhok Polytechnic University, Duhok, Iraq)

Abstract

This paper observes the impact of working capital management on profitability of industrial sector in Iraq. Four companies based in Iraq namely: Iraqi Date processing, Iraqi carton manufactories, Baghdad soft drinks and Iraqi for tufted carpets randomly selected and analyzed for the present study over the period 2007 to 2016. Annual reports of these companies have been studied and significant ratios calculated. The variables that were identified as independent for working capital were, current ratio and quick ratio, while return on equity ROE as dependent variable for profitability. The Ordinary Least Square (OLS) model used to examine the impact of working capital management on profitability. Results indicate that ROE is positively related with working capital variables.

Suggested Citation

  • Sardar Shaker Ibrahim, 2018. "Impact of working capital management on profitability of Industrial sector in Iraq," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 7(1), pages 27-32, January.
    • Handle: RePEc:rbs:ijfbss:v:7:y:2018:i:1:p:27-32
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/16/17
    Download Restriction: no
    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/16
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sumathi Kumaraswamy, 2016. "Impact of Working Capital on Financial Performance of Gulf Cooperation Council Firms," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 1136-1142.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sam Sundar Chintha & Kollipara Vamsi Prasad, 2021. "A Study on the Impact of Cash Management on the Financial Performance of the Listed Manufacturing Companies from Muscat Securities Market, Sultanate of Oman," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 7(1), pages 25-35.
    2. Emeka Nkoro & Aham Kelvin Uko, 2017. "Macroeconomic Stabilization Goal, Policy andInstruments," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 6(6), pages 16-28, October.
    3. Geoffrey Ngetich Iletaach & Dr. Penina Langat & Dr. Gichuki Kingori, 2024. "Assessing the Impact of Asset Quality on Financial Performance: A Study of Kenyan Deposit Taking SACCOs," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 2479-2492, August.
    4. Kah Chon, Ooi, 2019. "Impacts Of Firm-Specific Factors And Macroeconomic Factors Against Microsoft’S Performance," MPRA Paper 97254, University Library of Munich, Germany, revised 15 Nov 2019.
    5. Nelson Nkwasibwe & Elly Atuhereze Katsigaire & Bwesigye Tobias, 2023. "Accounts Payable Management and Financial Performance of Manufacturing Firms. A Case of Kazire Health Products Limited," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 10(2), pages 85-100, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijfbss:v:7:y:2018:i:1:p:27-32. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hasan Dincer (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.