Factor Affecting Working Capital Management for Banking Sector in Pakistan: An Empirical Approach Through Regression Analysis

Saima Sharif
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Saima Sharif: Research Scholar; COMSATS University Islamabad, Vehari Campus, Pakistan

Journal of Policy Research (JPR), 2022, vol. 8, issue 1, 6-12

Abstract: The purpose of this study was to examine the association of factor affecting working-capital-management of 27 Pakistani banks. All these banks are listed in Pakistan stock exchange (PSX) for the time period of 2006-2017. The nature of study is time series and analysis are based on secondary data. Secondary data has been accessed from the annual reports of all listed banks of Pakistan. This study applied the statistical tools of Ordinary Least Square method to analyze the impact of factors such as profitability, firm size, leverage, assets tangibility and sales growth on working-capital-management. The results indicated that profitability, size and assets tangibility have the significant relationship with working-capital-management. There is strong and positive correlation between dependent and independent variables. It shows that banking sector in Pakistan is managing their working capital more efficiently and effectively.

Keywords: Working-capital-management; Return on assets; Profitability; Ordinary Least Square; Banking Sector (search for similar items in EconPapers)
JEL-codes: E22 R15 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:rfh:jprjor:v:8:y:2022:i:1:p:6-12

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