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Working Capital Management Policy: Female Top Managers and Firm Profitability

Author

Listed:
  • Nastiti Pambayun Kinasih Yekti

    (Universitas Kristen Satya Wacana, Jl. Diponegoro 52-60, Salatiga, Indonesia, e-mail:)

  • Atahau Apriani Dorkas Rambu

    (Universitas Kristen Satya Wacana, Jl. Diponegoro 52-60, Salatiga, Indonesia)

  • Supramono Supramono

    (Universitas Kristen Satya Wacana, Jl. Diponegoro 52-60, Salatiga, Indonesia)

Abstract

Purpose: This study aims to investigate female top managers’ choice of working capital management policies and its effect on firm profitability. The theoretical arguments about the effects of working capital management policies on firm profitability and empirical evidence are often inconsistent. Additionally, it is likely that the policy choice is closely related to the gender of top managers.

Suggested Citation

  • Nastiti Pambayun Kinasih Yekti & Atahau Apriani Dorkas Rambu & Supramono Supramono, 2019. "Working Capital Management Policy: Female Top Managers and Firm Profitability," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 27(3), pages 107-127, September.
    • Handle: RePEc:vrs:jmbace:v:27:y:2019:i:3:p:107-127:n:5
    DOI: 10.7206/cemj.2658-0845.5
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    References listed on IDEAS

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    More about this item

    Keywords

    working capital management; female top manager; aggressive policy; conservative policy; profitability;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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