The impact of working capital management on profitability of elite pharmaceuticals sector in Bangladesh

Mahbubur Rahaman, Israth Rabbi, Morshedul Alam

Abstract


Any financial institution they can use working capital management as an approach to influence their profitability. This paper studies the impact of Working capital is considered as the life blood of organization, which has significant contribution to internal and external analysis because of its close relationship with the current day-to-day operations of a business. The most objective of this study is to work out the Impact of assets Management on profitableness of five elite pharmaceutical corporations in Asian nation over an amount of 5 years 2012 to 2016 out whether or not there's any relation between assets and profitableness. The results show that, working capital management does affect firm value. Effective management of working capital resulted in high profitability and poor or inefficient management of working capital resulted in low profitability.



Keywords


Impact, working capital management, profitability, elite pharmaceutical companies, Bangladesh

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