Apssai Accounting Review (ApAR)
Vol 2 No 1 (2022): April

PENGARUH MANAJEMEN MODAL KERJA TERHADAP KINERJA PERUSAHAAN SEKTOR NON KEUANGAN

Allgamanora Hayundaniswara (Universitas Diponegoro)
Faisal (Universitas Diponegoro)

Article Info

Publish Date
26 Apr 2022

Abstract

The study examines the correlation between working capital management, profitability, firm value, and stock return volatility. The sample consists of 115 non-financial companies listed on the Bloomberg database in 2018. The results reveal that networking capital has a negative and significant effect on profitability, firm value and stock return volatility, indicating that managers need to make decisions to increase their profitability while controlling risk. The results contribute to the literature on the role of working capital in profitability, firm value, and stock return volatility. It also provides benefits to related managerial managers considering working capital management to overcome the trade-off decisions to increase profitability while reducing the company's potential risk.

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Journal Info
Apssai Accounting Review (ApAR)
Website

Abbrev

apar

Publisher

Asosiasi Program Studi S2 Akuntansi Indonesia

Subject

Economics, Econometrics & Finance Education Environmental Science Social Sciences

Description

Covering various fields of accounting and finance, ApAR publishes research papers, viewpoint, conceptual paper, case study, literature review, and general review that address significant issues focusing on Indonesia. Coverage includes but not limited to: 1. Financial accounting 2. Managerial ...