References
[1]. agha, h. (2014). impact of working capital management on profitability. european scientific
journal, 10(1), 374-381.
[2]. azam, m., & haider, S. (2011). impact of working capital management on firms performance:
evidence from non-financial institutions of KSE-30 index. interdisciplinary journal of
contemporary research in business, 3(5), 481-492.
[3]. bagchi, B., & khamrui, K. (2012). relationship between working capital management and
profitability: A study of selected FMCG companies in india. business and economics
journal, 1-11.
[4]. barot, h. (2012). working capital management and profitability: evidence from india: an
empirical study,. GFJMR, 5, 1-9.
[5]. bieniasz, A., & golas, Z. (2011). the influence of working capital management on the food
industry enterprises profitability. contemporary economics, 5(4), 68-81.
[6]. hassan, m. (2017). impact of working capital on the profitability of UK pharmaceutical and
biotechnology FTSE all share index firms. journal of quantitative methods, 1(1), 58-78.
[7]. makori, A., & jagongo, A. (2013). working capital management and firm profitability: empirical
evidence from manufacturing and construction firm listed on nairobi securities exchange,
kenya. international journal of accounting and taxation, 1(1), 1-14.
[8]. Mohamad, N., & Saad, N. (2010). working capital management: the effect of market valuation
and profitability in malaysia. international journal of business management, 5(11), 140.
[9]. Pike, R., & Neale, B. (2009). Corporate finance and investment: decisions and strategies (6th
ed.). london ft prentice hall.
[10]. quayyum, S. (2011). relationship between working capital management and profitability in
context of manufacturing industries in bangladesh. international journal of business and
management, 7(1), 58.
[11]. shah, b., arif, g., & sohu, n. (2018). the impact of working capital management on profitability:
case study of pharmaceutical and chemical firms listed on KSE. international journal of
economics, commerce and management, 6(3), 200-220.
[12]. singh, s., & kaur, h. (2017). working capital management and profitability evidence from
selected steel manufacturing companies in india. indian journal of commerce and
management studies, 8(2), 73-79.
[13]. Sultan, F., Takmil, A., & Wasim, S. (2017). An empirical analysis on efficiency of working
capital management: A case of pakistan textile industry. international journal of research
scholars, 1(1), 1-5.
[14]. Watson, D., & Head, A. (2010). Corporate finance: principles and practice (5th ed.). london FT
prentice hall.
[15]. Wild, J., & Bernstein, L. (1998). Financial statement analysis, Theory, Application and
interpretation (6th ed.).