WORKING CAPITAL PERFORMANCE EFFICIENCY: A STUDY ON SELECT PAPER MILLS IN INDIA
Working capital plays the vital role in the business as the role of heart in the human body. Just like heart gets blood and circulates the same in the body, in the same way, in working capital, funds are generated and then circulated in the business. As and when this circulation stops, the business become lifeless. Working capital plays the vital role in the business as the role of heart in the human body. Just like heart gets blood and circulates the same in the body, in the same way, in working capital, funds are generated and then circulated in the business. As and when this circulation stops, the business become lifeless. So, that the working capital management is an important for the business. Based on that the study have been made to attempt to find out the efficiency of working capital in paper mills in India namely, Tamil Nadu Newsprint Limited, JK Paper Limited and West Coast Paper Mills Limited. Performance index, Utilisation index and efficiency index are used to analyse the working capital efficiency.
Aktas N, Croci Ee, and Petmezas D. (2016). “Is Working Capital Management Value – Enhacing? Evidence from firm Perfromance and Investments", Journal of Corporate Finance, Vol.30, pp.98-113.
Dhanabhakyam and Dev B. (2017). “A study on Working Capital Management and Profitability of Select IT Companies in India”, International Journal of Current Innovation Research, Vol.4(1A), pp.1002-1004.
Halani PR. (2014). “A Comparative Study of Working Capital Management of Selected Paper Companies in India”, International Multidisciplinary Research Journal, Vol.1(5), pp.1–11.
Kasiran FW, Mohamad NA, and Chine O. (2016). “Working Capital Management Efficiency: A Study on the Small Medium Enterprise in Malaysia”, Procedia Economics and Finance, Vol.35, pp.297–303.
Rakshit D, and Chatterjee C. (2012). “An Empirical study on working capital management practice of selected Indian Pharmaceutical companies”, The Management Accountant, Vol.47(9), pp.1067-1073.
Shehzad F, Ahamed K, Sehrish S, Saleem F, and Yasir M. (2012). "The Relationship between Working Capital Management Efficiency and EBIT: Evidence from Textile sector of Pakistan”, Interdisciplinary Journal of Contemporary Research in Business, Vol.4(5), pp.211-224.
- There are currently no refbacks.
Send mail to firstname.lastname@example.org with questions or comments about this web site.
International Journal of Management and Social Sciences, All rights reserved.