Redirigiendo al acceso original de articulo en 21 segundos...
ARTÍCULO
TITULO

Data Envelopment Analysis and Tobit Analysis for Firm Efficiency in Perspective of Working Capital Management in Manufacturing Sector of Pakistan

Muhammad Fawad Ahmad    
Muhammad Ishtiaq    
Kashif Hamid    
Muhammad Usman Khurram    
Ali Nawaz    

Resumen

This research is performed for dealing with some of the important working capital management policies and efficiency regarding to manufacturing sector of Pakistan. For this purpose data from 37 firms have been taken for the period 2009-2014. Data envelopment analysis (DEA) and Tobit regression analysis has been performed to achieve the objective of this study. DEA results indicate that only fifteen companies require increase in inputs to attain better output whereas six companies require decrease in the input. However sixteen companies have to consistent with their existing proportionate of inputs to sustain the output maximization. Tobit regression analysis concludes that average collection period has significant negative impact on efficiency and current ratio, gross working capital turnover ratio and financial leverage ratio have positive significant impact on efficiency.Keywords: Working Capital Management, Efficiency, Data Envelope Analysis, Tobit Analysis, Manufacturing SectorJEL Classifications: C8, G3

 Artículos similares

       
 
I Wayan Gde Sarmawa,Ida Ayu Oka Martini,Ida Ayu Putu Widani Sugianingrat     Pág. 249 - 266
Abstract: Companies are constantly trying to maintain customer trust and loyalty in an effort to preserve business sustainability. Implementing environmental concerns in the form of Corporate Social Responsibility (CSR) is expected to achieve both of the... ver más
Revista: Jurnal Economia

 
Ida Ayu Oka Martini,A.A.N Eddy Supriyadinatha Gorda,A.A.N. Oka Suryadinatha Gorda,Desak Made Febri Purnama Sari     Pág. 267 - 283
Abstract: This study aims to investigate the regeneration of endek weaving craftsmen in Klungkung, Bali. The research method used is descriptive qualitative research. The research location is in Klungkung, Bali. The technique of collecting data through i... ver más
Revista: Jurnal Economia

 
Naseem - Ashraf, Qurra Tul Ain Butt     Pág. 01 - 12
Purpose: Using panel data approach in Pakistani banking sector for 7 year time period from 2010 to 2016, the aim behind this study was to examine the bank specific, industry specific and macroeconomic determinants of bank profitabilityResearch Design: Qu... ver más

 
Müesser KORKMAZ, Ferah ÖZKÖK, Seref ULUOCAK     Pág. 35 - 60
In this research, it was aimed to examine what is the perspective of local people towards women tourists travelling alone in the context of gender roles equality and life values. Population of the research consists of the local people living in Gokceada ... ver más

 
Ünzüle KURT, Feyza BALAN     Pág. 1 - 10
Climate change which caused to dramatic economic impact is a key issue for the world in the 21st century. Using data for Portugal, Ireland, Italy and Spain (PIIGS) countries over the years 1990-2009, this study investigates the causal relationship from c... ver más