{"title":"营运资本管理对印度钢铁行业企业盈利能力的影响","authors":"M. C. Garg, Meentu Singh","doi":"10.1177/2516600X231178395","DOIUrl":null,"url":null,"abstract":"This study investigates the effect of working capital management (WCM) on the profitability of a sample of Indian steel companies. The analysis is based on financial data from BSE Dollex 200 steel sector firms from 2011 to 2020. The effects of WCM were determined using panel data analysis, pooled ordinary least squares (OLS), fixed effect model (FEM), and random effect model (REM). This study revealed that Inventory Conversion Period, Cash Conversion Cycle, and Accounts Payable Period significantly negatively impact the profitability of firms in the Indian steel industry.","PeriodicalId":196664,"journal":{"name":"Journal of Operations and Strategic Planning","volume":"90 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Working Capital Management on the Firm’s Profitability of Steel Sector Firms in India\",\"authors\":\"M. C. Garg, Meentu Singh\",\"doi\":\"10.1177/2516600X231178395\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This study investigates the effect of working capital management (WCM) on the profitability of a sample of Indian steel companies. The analysis is based on financial data from BSE Dollex 200 steel sector firms from 2011 to 2020. The effects of WCM were determined using panel data analysis, pooled ordinary least squares (OLS), fixed effect model (FEM), and random effect model (REM). This study revealed that Inventory Conversion Period, Cash Conversion Cycle, and Accounts Payable Period significantly negatively impact the profitability of firms in the Indian steel industry.\",\"PeriodicalId\":196664,\"journal\":{\"name\":\"Journal of Operations and Strategic Planning\",\"volume\":\"90 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-06-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Operations and Strategic Planning\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1177/2516600X231178395\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Operations and Strategic Planning","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/2516600X231178395","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Working Capital Management on the Firm’s Profitability of Steel Sector Firms in India
This study investigates the effect of working capital management (WCM) on the profitability of a sample of Indian steel companies. The analysis is based on financial data from BSE Dollex 200 steel sector firms from 2011 to 2020. The effects of WCM were determined using panel data analysis, pooled ordinary least squares (OLS), fixed effect model (FEM), and random effect model (REM). This study revealed that Inventory Conversion Period, Cash Conversion Cycle, and Accounts Payable Period significantly negatively impact the profitability of firms in the Indian steel industry.