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An Analysis of Working Capital Management in Select Construc Companies

For a successful working of a business organization fixed and current assets play a vital role as organization generally invests in these options. An attempt has been made in this paper to study the working capital components and the effect of working capital management policies on profitability of...

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Bibliographic Details
Main Author: Kandpal, Vinay
Format: Article
Language:English
Published: 2015
Subjects:
Description
Summary:For a successful working of a business organization fixed and current assets play a vital role as organization generally invests in these options. An attempt has been made in this paper to study the working capital components and the effect of working capital management policies on profitability of 10 Infrastructure companies. The paper also tries to study the correlation between liquidity, profitability and Profit before Tax (PBT) of selected Infrastructure companies. The study is based on secondary data collected from annual reports of different Infrastructure companies and PROWESS (CMIE Database) for the period 2007 to 2012. In this paper there is an application of correlation and regression analysis to identify the significant effects of Working capital management on the profitability. The Management of operating capital is indispensable as it might induce a direct impact on profitability and liquidity.
Physical Description:7 - 31