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13
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55
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23
This study investigates the relationship between working capital management and profitability for Turkish small and medium-sized enterprises (SMEs). Our sample includes 1,123 Turkish SMEs which have 5-year data for the period of 2009-2013 in Orbis database of Bureau Van Dijk. Results of dynamic panel data analysis with system-GMM estimators show that there is a negative relationship between cash conversion cycle and profitability. In other words, efficient working capital management increases profitability in Turkish SMEs.
this study investigates the relationship between working capital management and difficulties for turkish small and mediumsized enterprises smes ur examples includes 1123 turkish smes which have 5year data for the period of 20092013 in orbis database of bureau van dijk results of dynamic panel data analysis with systemgmm estimators show that there is a negative relationship between cash conversion cycle and other words efficient working capital management experiments in turkish smes
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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