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Impact of Working Capital Management on Business Profitability

Bisht, Mohit (2021) Impact of Working Capital Management on Business Profitability. Masters thesis, Dublin, National College of Ireland.

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Abstract

Working capital management is considered to be a highly significant aspect of financial management within the organisation. It is recognised as an accounting strategy to maintain the financial balance and liquidity of the organisation. Capital Management has the main aim of strategizing the efficiency of the business by managing the finances of the business. The major aim of this research was to identify the impact on the profitability that Capital Management had in a business. The research further aimed to analyse the factors of profitability that were impacted by the Capital Management of a Business. For this study, the selected research philosophy was positivism because positivism research philosophy takes into account the sociological perspective of the study. In analysing the working capital management and its impact on business profitability, the social aspect will be helpful. The selected research design was qualitative, which focused on secondary data. The data was obtained from existing literature and was analysed by performing thematic analysis. Three major themes were drawn from results, which were divided into relevant subthemes. The major themes were the importance of working capital management, the impact of capital management on business profitability and ways to manage working capital. The result of the study implied that the management of working capital had a positive effect on the growth and profitability of the business. In the way forward, the study urged the businesses to incorporate quality management system to effectively manage the working capital and enhance profit.

Item Type: Thesis (Masters)
Uncontrolled Keywords: Working Capital; Profitability; Capital Management; Business
Subjects: H Social Sciences > HG Finance > Financial Management
Divisions: School of Business > Master of Science in Management
Depositing User: Clara Chan
Date Deposited: 10 Feb 2022 12:53
Last Modified: 10 Feb 2022 12:53
URI: https://norma.ncirl.ie/id/eprint/5408

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