Working Capital Management Policy: Female Top Managers and Firm Profitability

Nastiti Pambayun Kinasih Yekti (), Atahau Apriani Dorkas Rambu () and Supramono Supramono ()
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Nastiti Pambayun Kinasih Yekti: Universitas Kristen Satya Wacana, Jl. Diponegoro 52-60, Salatiga, Indonesia, e-mail:
Atahau Apriani Dorkas Rambu: Universitas Kristen Satya Wacana, Jl. Diponegoro 52-60, Salatiga, Indonesia
Supramono Supramono: Universitas Kristen Satya Wacana, Jl. Diponegoro 52-60, Salatiga, Indonesia

Journal of Management and Business Administration. Central Europe, 2019, vol. 27, issue 3, 107-127

Abstract: Purpose: This study aims to investigate female top managers’ choice of working capital management policies and its effect on firm profitability. The theoretical arguments about the effects of working capital management policies on firm profitability and empirical evidence are often inconsistent. Additionally, it is likely that the policy choice is closely related to the gender of top managers.

Keywords: working capital management; female top manager; aggressive policy; conservative policy; profitability (search for similar items in EconPapers)
JEL-codes: C23 G31 L25 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:vrs:jmbace:v:27:y:2019:i:3:p:107-127:n:5

DOI: 10.7206/cemj.2658-0845.5

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