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This document summarizes a research article that examines the effect of working capital management on the profitability of Indian firms. The researchers collected data on 263 non-financial companies listed on the Bombay Stock Exchange from 2000 to 2008. Using regression analysis, they found that working capital management and profitability are positively correlated for Indian companies. Specifically, the number of days accounts receivable and cash conversion period showed a positive relationship with profit

Author

Bagus Alaudin Ahnaf

Language

EN