| dc.contributor.author | Çetenak, Emin Hüseyin | |
| dc.contributor.author | Vural, Gamze | |
| dc.contributor.author | Sökmen, Ahmet Gökhan | |
| dc.contributor.editor | Hacioglu, U. | |
| dc.contributor.editor | Dincer, H. | |
| dc.contributor.editor | Alayoglu, N. | |
| dc.date.accessioned | 12.07.201910:50:10 | |
| dc.date.accessioned | 2019-07-12T15:27:53Z | |
| dc.date.available | 12.07.201910:50:10 | |
| dc.date.available | 2019-07-12T15:27:53Z | |
| dc.date.issued | 2017 | |
| dc.identifier.isbn | 978-3-319-44591-5; 978-3-319-44590-8 | |
| dc.identifier.issn | 1431-1941 | |
| dc.identifier.uri | https://doi.org/10.1007/978-3-319-44591-5_26 | |
| dc.identifier.uri | https://doi.org/10.1007/978-3-319-44591-5 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12507/517 | |
| dc.description | WOS: 000415645900028 | en_US |
| dc.description.abstract | Previous literature established on the effects of working capital management on firm's profitability or firm value and focused mostly on firm-level determinants of working capital. In this study, we aimed to examine the determinants of working capital management not only at firm level but also industry-country level. Our sample consists of 1253 manufacturing firms across 13 industries from 14 emerging markets between year 2000 and 2014. Our findings indicate that at firm-level variables, return on asset has a negative relationship with working capital while Tobin Q and Altman Z-score have a positive. At industry-country level variables, HH index, exchange rate, Lerner index, and rule of law have a positive relationship with working capital levels while credit from private sector variable has a negative relationship with working capital levels. | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | SPRINGER INTERNATIONAL PUBLISHING AG | en_US |
| dc.relation.ispartofseries | Contributions to Management Science | |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.title | Determinants of working capital in emerging markets: do economic developments matter? | en_US |
| dc.type | bookPart | en_US |
| dc.relation.journal | Global Busıness Strategıes ın Crısıs: Strategıc Thınkıng and Development | en_US |
| dc.contributor.department | İktisadi ve İdari Bilimler Fakültesi | en_US |
| dc.identifier.startpage | 385 | en_US |
| dc.identifier.endpage | 397 | en_US |
| dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| dc.identifier.wos | WOS:000415645900028 | |
| dc.identifier.scopus | 2-s2.0-85061747006 | |
