The Impacts of Changes in Macro-Economic Data on Net Working Capital: The Case of Turkey's Industrial Sector

Çelik, Reşit; Bilen, Bahar; Bilen, Ömer

doi:10.1016/s2212-5671(16)30184-8

Cited by 15 publications

(9 citation statements)

References 1 publication

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“…It is easy to find studies on factors that directly affect profitability such as financial leverage, solvency, liquidity, firm size, capital structure and working capital management (Chamberlain, 1962;DeAngelo & Masulis, 1980;Bradley, Jarrell, & Kim, 1984;Capon, Farley, & Hoenig, 1990;Miao, 2005;Huang & Song, 2006;Aburime, 2009;Anbar & Alper, 2011;Fareed, Ali, Shahzad, Nazir, & Ullah, 2016;Muhammad, Rehman, & Waqas, 2016;Szymańska, 2017;Grau, & Reig, 2018;Blažková, 2018;Yüksel, Mukhtarov, Mammadov, & Özsarı, 2018;Qayyum & Noreen, 2019;Vu, Do, Dang, & Nguyen, 2019;Zheng, Liu, & Huang, 2019;Nguyen & Nguyen, 2020) or external factors influencing profitability such as market concentration, industry growth, import growth, GDP growth, inflation, and profitability. yield and profit on financial markets (Bei & Wijewardana, 2012;Pattitoni, Petracci & Spisni, 2014;Çelik, Bilen, & Bilen, 2016;Jędrzejczak-Gas, 2017;Grau & Reig, 2018;Soukhakian & Khodakarami, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Effect of Working Capital Management on the Profitability of Steel Companies on Vietnam Stock Exchanges

PHAM¹,

Nguyễn²,

Nguyen³

2020

JAFEB

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This study examines the influence of working capital management (WCM) factors on the profitability of steel companies listed on the Stock Exchange of Vietnam. Data was collected from audited financial statements of companies for a period of 10 years, from 2010 to 2019. The number of samples eligible for research is 20 out of 26 companies, which is equivalent to 76.9%. With the help of dedicated software Stata version 14, the impact determination of WCM (through 8 independent variables: DIO, DPO, DSO, CCC, SIZ, CR, LEV, GRO) to the firm's profitability (through the dependent variable) is performed through multivariate regression models. Research results from companies in the steel industry in Vietnam during this period indicate that WCM has a strong impact on the profitability of businesses. Among 8 factors affecting the profitability of steel enterprises, factors DPO, DIO, DSO, CR, SIZ, GRO have a positive impact, boosting profitability; 2 factors CCC and LEV have a negative impact on profitability; in which, the effect of CCC is negligible. This conclusion is almost in contrast to many previously published studies due to the specifics of the industry as well as the different stages of economic development associated with the economic management policies of the State.

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Section: Literature Reviewmentioning

confidence: 99%

Effect of Working Capital Management on the Profitability of Steel Companies on Vietnam Stock Exchanges

PHAM¹,

Nguyễn²,

Nguyen³

2020

JAFEB

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“…A peculiarity of these factors is that they are time-separated phenomena and causes that limit production activity, whereas the level of their risk cannot be calculated to a high degree of accuracy [4].…”

Section: Resultsmentioning

confidence: 99%

Comparative analysis of methods and sources of financing of the transport organizations activity

Gorshkov

2017

IOP Conf. Ser.: Earth Environ. Sci.

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Abstract.The article considers the analysis of methods of financing of transport organizations in conditions of limited investment resources. A comparative analysis of these methods is carried out, the classification of investment, methods and sources of financial support for projects being implemented to date are presented. In order to select the optimal sources of financing for the projects, various methods of financial management and financial support for the activities of the transport organization were analyzed, which were considered from the perspective of analysis of advantages and limitations. The result of the study is recommendations on the selection of optimal sources and methods of financing of transport organizations.

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Section: Muhsin Ertuğrul'un Kemal Film Macerasıunclassified

“…19 Ayşegül Çelik, Ölmeyi Bilen Adam adlı çalışmasında film yapımına başlamak için teklifin Seden kardeşlerden geldiğini belirtir. 20 Nitekim "Viyana' da bulunduğum 1922 yılında, Kemal ve Şakir Seden kardeşlerden İstanbul'a gelerek birlikte çalışmak üzere çağrı aldım" 21 diyen Muhsin Ertuğrul dönemin koşullarını şu sözlerle anlatır: Önerilerini kabul edip Türkiye'ye döndüğüm zaman İstanbul' da ne film yıkayacak bir laboratuar, ne bir stüdyo, ne bir film çekme makinesi, ne de bir basma makinesi, tek sözcükle teknik araç adına hiçbir şey bulunmamaktaydı. Teknik işlerle uğraşan üç kişi vardı: Fuat Uzkınay, Cezmi Ar ve laboratuarcı Hüseyin Bey.…”

Section: Muhsin Ertuğrul'un Kemal Film Macerasıunclassified

Muhsin Ertuğrul: Türk Sinemasının Kurucusu mu Yoksa Günah Keçisi mi?

Sevim¹

2016

İnsan Ve İnsan Dergisi

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The Impacts of Changes in Macro-Economic Data on Net Working Capital: The Case of Turkey's Industrial Sector

Cited by 15 publications

References 1 publication

Effect of Working Capital Management on the Profitability of Steel Companies on Vietnam Stock Exchanges

Effect of Working Capital Management on the Profitability of Steel Companies on Vietnam Stock Exchanges

Comparative analysis of methods and sources of financing of the transport organizations activity

Muhsin Ertuğrul: Türk Sinemasının Kurucusu mu Yoksa Günah Keçisi mi?

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