Pengaruh Working Capital Management Terhadap Profitabilitas Perusahaan : Literatur Review
Main Article Content
Abstract
Tujuan studi ini adalah untuk mereview penelitian tentang pengruh working capital management (WCM) terhadap profitabilitas perusahaan. Metode yang digunakan yaitu traditional review, dengan mereview 25 jurnal intenasional yang diterbitkan pada jurnal internasional bereputasi. Dari ulasan yang dilakukan diketahui bahwa sebagian besar peneliti menggunakan metode empiris dalam menganalisis pengaruh working capital management dengan profitabilitas. Hasil yang diperoleh dari sebagian besar penelitian mengungkapkan bahwa WCM memiliki peranan penting bagi profitabilitas perusahaan.
Article Details
Copyright Notice
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
References
Afrifa G A (2016), Net working capital, cash flow and performance of UK SMEs ", Rev Acc and Finance, 15 (1) : 21 – 44
Afrifa G A (2016), Working capital level influence on SME profitability, J. Small. Bus. Ent. Dev. 23 (1) : 44-63
Agha H, Mba, Mphil (2014), Impact of Working Capital Management on Profitability, Europan Sci. J., 10 (1): 374-381
Akoto R K, Vitor D A, Angmor P L (2013), Working capital management and profitability: Evidence from Ghanaian listed manufacturing firms, J. Econ. Int. Finance. 5 (9) : 373-379
Akinlo O O, (2012), Effect of Working Capital on Profitability of Selected Quoted Firms in Nigeria, Global Bus. Rev., 13 (3): 367:381
Alipour M, (2011), Working Capital Management and Corporate Profitability: Evidence from Iran, World. Appl. Sci. J., 12 (7): 1093-1099
Azhar N E, (2010), Working Capital Management: The Effect of Market Valuation and Profitability in Malaysia, Int. J. Bus. Management, 5 (11): 140-147
Charitou M S, Elfani M, Lois P (2010), The Effect of Working Capital Management on Firm’s Profitability: Empirical Evidence From An Emerging Market, J. Bus. Eco and Res, 8 (12): 63-68
Deloof M (2003), Does Working Capital Management Affect Profitability of Belgian Firms, J. Bus. Finance and Acc, 30 (3) and (4): 573-587
Ganesan V (2007), An Analysis of Working Capital Management Efficiency in Telecomunication Equipment Industry, Rivier. Academic. J, 3 (2) 1-10
Garcia P J, Martinez T P, Solano (2007), Effect of Working Capital Management on SME Profitability, Int. J. Man. Finance, 3 (2): 164-177
Kaur H V, Singh S, (2013) Managing Working Capital Efficiency in CapitalGoods Sector in India, Glo. Bus. Revi., 14 (2): 343-355
Makori D M, Jagongo A (2013), Working Capital Management and Firm Profitability: Empirical Evidence from Manufacturing and Construction Firms Listed on Nairobi Securities Exchange, Kenya, Int, J, Acc Tax, 1 (1)
Malik Z M, Iqbal A, (2012), Affect of working Capital Management on Firms Profitability in Sugar Industry of Pakistan, MPRA. 41436 (19): 1-29
Marttonen S, Monto S, Karri T, (2013), Profitability Working Capital Management in Industrial Manitenance Companies, J. Emerald Insight., : 429-446
Mathuva D M (2010), The Influence of Working Capital Management Components on Corporate Profitability: A Survey on Kenyan Listed Firms, Res. J. Bus. Management 4 (1): 1-11
Napompech K, (2012), Effects of Working Capital Management on the Profitability of Thai Listed Firms, Int. J. Trade. Eco. Finance., 3 (3): 227-232
Pais M A, Gama P M, (2015), Working Capital Management and SMEs Profitability: Portuguese Evidence, Int. J. Managerial. Finance., 11 (3): 1-19
Quayyum S T, (2012), Relationship Between Working Capital Management and Profitability in Context of Manufacturing Industries in Bangladesh, Int. J. Bus. Management., 7 (1): 58-69
Raheman A, Nasr M (2007), Working Capital management and Profitability: Case of Pakistan Films, Int, Rev. Bus. Res. Papers. 3 (1): 279-300
Shah S A, Sana A (2006), Impact of Working Manajement on the Profitability of oil and Gas Sector of Pakistan, Europan. J. Sci. Res., 15 (3):301-307
Sharma A K, Kumar S (2011), Effect of Working Capital Management on Firm Profitability: Empirical Evidence from India, Global. Bus. Rev., 12 (1): 159-173
Shubita M F (2013), Working Capital Management and Profitability: A Case of Industrial Jordanian Companies, Int. J. Bus. Soc. Sci. 4 (8): 108-115
Tauringana V, Afrifa G P, (2013), The Relative Importance of Working Capital Management and its Components to SMEs’ Profitability, Dep. Acc. Finance. Eco., 20 (3) :453-469
Wasiuzzaman S (2015), Working Capital and Profitability in Manufacturing Firms in Malaysia: An Empirical Study, Glo. Bus. Rev, 16 (4): 545-556