Impact of Working Capital Management on Profitability - Impact of Working Capital Management on Profitability of Cooperative Unions in East Shewa Zone, Oromia Regional State
by Joriye, Getachew
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Different literatures were assessed for manufacturing business, small and medium sized enterprises, corporate organizations and factories to identify the impact of working capital management on the profitability; but there are no literatures on how working capital management affects the profitability of cooperatives. Therefore, this book was conducted to assess the impact of working capital management on the profitability of cooperative unions. A panel data using Random Effect Multiple Regression model is used to analyze the standard determinants of working capital. The GLS estimator was used as efficient estimator than Pooled OLS as per Breusch Pagan Test. To determine the most relevant impact of WCM on profitability of the unions based on a sequential regression approach with two alternative specifications of model were employed. The analysis should help to make decisions in business organizations and should be especially useful for professionals in Cooperatives Accounting and Auditing, Cooperative Business Management, Accounting & Finance, Business management or any else who wants to make a decision about WCM.
The author, Getachew Joriye has a B.A degree in Cooperative Accounting and Auditing from Mekelle University, Ethiopia. Currently he is a lecturer at Rift Valley University college. He has studied at Ambo University, Ethiopia and graduated with M.A degree in Cooperative Accounting and Auditing.
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LAP Lambert Academic Publishing
0.22 x 0.15 x 0.006 m; 0.209 kg