International Journal of Social Science & Economic Research
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Title:
AN EXPERIMENTAL ANALYSIS ON EFFICIENCY OF THE MANAGEMENT OF WORKING CAPITAL: A CASE STUDY OF PAKISTAN PHARMACEUTICALS INDUSTRY

Authors:
Dr. Sadaf Mustafa, Farheen Zehra Rizvi, Syed Salman Ali, Rizwan Malik

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1Dr. Sadaf Mustafa, 2Farheen Zehra Rizvi, 3Syed Salman Ali, 4Rizwan Malik
1. Assistant Professor, Department Of Commerce, University Of Karachi, Pakistan
2,3,4. M. Phil Scholar, Department Of Commerce, University Of Karachi, Pakistan

MLA 8
Mustafa, Dr. Sadaf, et al. "AN EXPERIMENTAL ANALYSIS ON EFFICIENCY OF THE MANAGEMENT OF WORKING CAPITAL: A CASE STUDY OF PAKISTAN PHARMACEUTICALS INDUSTRY." Int. j. of Social Science and Economic Research, vol. 3, no. 7, July 2018, pp. 3232-3239, ijsser.org/more2018.php?id=226. Accessed 2018.
APA
Mustafa, D., Rizvi, F., Ali, S., & Malik, R. (2018, July). AN EXPERIMENTAL ANALYSIS ON EFFICIENCY OF THE MANAGEMENT OF WORKING CAPITAL: A CASE STUDY OF PAKISTAN PHARMACEUTICALS INDUSTRY. Int. j. of Social Science and Economic Research, 3(7), 3232-3239. Retrieved from ijsser.org/more2018.php?id=226
Chicago
Mustafa, Dr. Sadaf, Farheen Zehra Rizvi, Syed Salman Ali, and Rizwan Malik. "AN EXPERIMENTAL ANALYSIS ON EFFICIENCY OF THE MANAGEMENT OF WORKING CAPITAL: A CASE STUDY OF PAKISTAN PHARMACEUTICALS INDUSTRY." Int. j. of Social Science and Economic Research 3, no. 7 (July 2018), 3232-3239. Accessed , 2018. ijsser.org/more2018.php?id=226.

References
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Abstract:
Working capital management play a paramount role for the performance of the companies. The study of this paper empirically scrutinize the effect of working capital management on performance of pharmaceutical firms, listed in Pakistan stock exchange. We have used secondary data for analysis which has been taken from firm's annual financial report and state bank of Pakistan (SBP) for the year of 2012-2016. We have taken profitability which is return on assets (ROA) as a dependent variable while the Cash Conversion Cycle (CCC), Inventory Conversion Period (ICP), Average Cash Collection Period (ACP) has been taken as the independent variables. The result revealed the positive and significant relationship between dependent and independents variables.

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