Practices of Working Capital Policy and Performance Assessment Financial Ratios and Their Relationship with Organization Performance
World Applied Sciences Journal, Vol. 12, No. 11, pp. 1967-1973, 2011
7 Pages Posted: 23 May 2011
Date Written: May 5, 2011
The purpose this study is to highlight the application of working capital policy and the performance assessment financial ratios and to determine their relationship with organization performance. The target respondents were the finance executives/financial analysts of the companies. 64 properly filled questionnaires were processed for analysis. This study concludes that the finance executives consider that the proper practices of working capital and financial ratios are very important for the growth and performance of the organization. This research study also finds that there is positive and significant relationship between these practices and organization performance.
Keywords: Working capital policy, financial ratios, corporate sector, organization performance, significant relationship
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